At a Glance
- Tasks: Lead financial reporting and forecasting for leases and fixed assets in a dynamic environment.
- Company: Join Wickes, a leading name in retail with a focus on innovation and teamwork.
- Benefits: Enjoy competitive bonuses, private medical insurance, and a supportive wellbeing strategy.
- Other info: Great career growth opportunities and a vibrant early careers network.
- Why this job: Make a real impact by managing key financial processes and mentoring a talented team.
- Qualifications: Qualified Accountant with strong IFRS knowledge and experience in finance management.
The predicted salary is between 60000 - 75000 £ per year.
Wickes is recruiting for an experienced Senior Finance Manager to join our Fixed Assets team on a permanent basis! To be responsible for the end-to-end accounting, reporting and forecasting processes for the Group’s lease portfolio and fixed assets, and act as the subject matter expert on technical accounting matters related to our store and supply chain estate.
What you’ll be doing:
- Provide robust financial reporting, accounting and forecasting for the full lifecycle of leases and fixed assets held within the business under both IFRS and FRS 102 (UK GAAP) requirements.
- Managing the period end financial accounting entries, reconciliations and variance analyses for assigned balance sheet accounts within strict deadlines.
- Communicating technical accounting treatments for lease and/or fixed asset transactions to senior stakeholders in the business (financial and non-financial) to support business decision making.
- Working with the business to ensure that the lease management software and the fixed asset register provide a true and accurate reflection of leases and fixed assets held.
- Ensuring a robust control environment, identifying risks and implementing process/control improvements to safeguard company assets, ensuring that capital projects are tracked accurately and capital vs. revenue expenditure is correctly classified.
- Manage, mentor, and develop a team of 3, fostering a culture of high performance and continuous improvement.
- Build and maintain strong relationships with the Operations Finance team and the business owners of leases.
- Ensuring specific lease and business rates payments are thoroughly reviewed and then made on time.
What we’re looking for:
- Qualified Accountant (ACA, ACCA) with 3+ years PQE.
- Broad finance experience, with ability to review or, where required, prepare period end entries and reconciliations.
- Strong working knowledge of IFRS, specifically IFRS 16 (Leases) and IAS 16 (Property, Plant and Equipment).
- Ability to identify control weaknesses and propose suitable improvements to existing processes.
- Presenting complex financial accounting concepts to senior stakeholders, and preparation of associated accounting memos suitable for Audit Committee.
- Proven experience of managing, coaching, and reviewing the work of junior finance team members (both qualified and part qualified).
- Ability to interpret complex data, identify trends, and present the impacts of technical accounting treatments to senior stakeholders (both finance and non-finance).
- A controls mindset to enhance the integrity of accounting for leases, fixed assets and property as the business implements its strategic initiatives.
- A rigorous approach to accuracy and reconciliation in a time-pressured environment, suitable for a listed regulatory environment.
- Ability to build and maintain strong relationships across the business, delivering outputs within tight deadlines.
- Well organised with the ability to prioritise and delegate work effectively.
- Hard working and proactive.
- Enthusiastic and inquisitive.
- Experience of accounting for lease agreements (IFRS 16) and fixed assets (IAS 16).
- Able to operate in a fast paced environment.
- Capable of providing drive to the team and bringing passion to the role.
- Proficiency in MS Office/Google with excellent Excel/Google Sheets skills.
If you had these preferred skills it would be a bonus:
- Experience of applying these within a UK-listed PLC, ideally in Retail, Hospitality, or Logistics, dealing with high-volume asset portfolios.
- Experience with large ERP systems (e.g., SAP, Oracle) and lease management software (e.g., IRIS, MRI).
- An awareness of FRS 102 accounting for leases.
What can we offer you?
You’ll be supported with fantastic learning and development and have the opportunity to grow and develop your career with us. We also have an early careers network to support you if you’re in your first few years of your career. We’ll also equip you with a benefits package that includes:
- Competitive bonus.
- Private Medical and Life Assurance.
- Enhanced contributory pension scheme.
- Discount platform including savings and cash back at numerous retailers, savings on gym membership, cycle to work scheme.
Our widely recognised wellbeing strategy is something we’re proud of at Wickes. As part of this, we offer a range of health and wellbeing benefits and support, including an Employee Assistance Programme, financial education.
Senior Finance Manager employer: Wickes
Contact Detail:
Wickes Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in retail or logistics. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 16 and IAS 16. Be ready to discuss how you've tackled complex financial challenges in the past. We want to see your expertise shine through!
✨Tip Number 3
Show off your leadership skills! If you’ve managed teams before, share specific examples of how you’ve mentored junior staff. We love candidates who can inspire and drive their teams to success.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who are eager to grow with us at Wickes.
We think you need these skills to ace Senior Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Finance Manager role. Highlight your experience with IFRS, lease accounting, and any relevant software you've used. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved processes or managed teams effectively. This helps us see the impact you've made in previous roles.
Be Clear and Concise: When writing your application, be clear and concise. Avoid jargon unless it’s relevant to the role. We appreciate straightforward communication, especially when it comes to complex financial concepts.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Wickes
✨Know Your Numbers
Make sure you brush up on your financial reporting skills, especially around IFRS 16 and IAS 16. Be ready to discuss how you've managed lease portfolios and fixed assets in the past, as well as any specific challenges you've faced and how you overcame them.
✨Showcase Your Leadership Skills
As a Senior Finance Manager, you'll be expected to manage and mentor a team. Prepare examples of how you've developed junior team members and fostered a high-performance culture. Highlight your ability to delegate effectively and maintain strong relationships across departments.
✨Communicate Clearly
You'll need to present complex financial concepts to both finance and non-finance stakeholders. Practice explaining technical accounting treatments in simple terms, and be ready to provide examples of how your communication has supported business decision-making in the past.
✨Demonstrate Your Control Mindset
Be prepared to discuss how you've identified control weaknesses in previous roles and the improvements you've implemented. Show that you understand the importance of safeguarding company assets and maintaining a robust control environment, especially in a fast-paced setting.