Retail Finance Analyst

Retail Finance Analyst
up to £45k DOE
Hybrid Working
West London

I am currently recruiting for a Commercial Finance analyst to join a Global Retail company in West London. This role is a fantastic opportunity for someone looking to take their next step in commercial finance and progress their career in Commercial Finance. You will be a part of an established team, offered study support amongst other fantastic benefits and the chance to gain fantastic exposure. Please email your CV to

The purpose of this role is to assist the Finance manager in the reporting, budgeting, and forecasting for UK Retail stores including accounting for store costs.

Key Responsibilities:

• Period/Year End, Reporting and Controls
• Assist in accounting for Retail Property costs for month/year end actuals, by posting journals and ensuring all costs are properly accounted for
• Perform monthly balance sheet reconciliations
• Updating analysis for the monthly board pack providing detailed commentary on key variances.
• Highlighting any risks and opportunities.
• Cashflow
• Preparation of rent payments due based on store turnover or fixed contracts.
• Monthly update of occupancy costs in the cash flow forecast.
• Budget, Forecasting & Longer-Term Planning:
• Assist the Finance Manager in the budgeting and forecasting processes for stores providing support and guidance to teams and ensuring all assumptions are appropriately challenged.
• Updating and maintaining complex models on store costs including store wage model.
• Compiling budget/forecast summaries and communicating outcomes to senior management
• Support the Retail Finance Manager to determine assumptions for budgets and forecasts.
• Updating a rolling forecast to assess store profitability.
• Preparing appropriate summaries to clearly communicate updated view to senior management to aid decision making for the store portfolio.

Person Specification:

• Part qualified accountant or interest in pursuing accounting qualification (CIMA, ACA or ACCA)
• Proactive, positive, resilient, and adaptable team player who is driven to make a difference.
• Attention to detail.
• Intermediate Excel skills and comfort with IT systems, with the ability to work through large amounts of data
• Working well under pressure and meeting various deadlines.
• Able to work in fast paced retail environment with changing conditions.
• Excellent communication skills- ability to articulate detailed information in an easy-to-understand manner.
• 1-2 years experience in month end, forecasting and budgeting processes.
• Interest in Retail/Fashion environment.

Desirable

• Experience working within Fashion Retail environment, especially multi-site.
• Experience using reporting systems (CODA and Cognos)