Finance Manager (17 Month FTC)

Finance Manager (17 Month FTC)

Posted 1 week ago by Selfridges

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Negotiable
Undetermined
Undetermined
Leicester, England, United Kingdom
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Accounting Associate Chartered Accountant (ACA) Bank Reconciliations Budgeting External Auditing Finance Forecasting Market Trend Microsoft Excel Reconciliation SIPOC Process Stakeholder Management

Summary: The Finance Manager - Payments at Selfridges plays a crucial role in managing and improving the accounting processes related to various payment channels, ensuring accurate reconciliation of sales and receipts. This position involves overseeing payment-related costs, managing a Finance Analyst, and contributing to year-end financial accounts and audits. The role also includes working on payment-related projects and collaborating with various teams to enhance payment processes. A qualified accountant with strong analytical skills and retail experience is preferred for this position.

Key Responsibilities:

  • Deliver the reconciliation of sales to receipts from payment suppliers.
  • Account for payment-related costs, producing budgets and forecasts.
  • Manage and develop a Finance Analyst.
  • Contribute to year-end financial accounts and audits.
  • Work on payment-related projects across the business.
  • Collaborate with the Financial Controller and other teams to improve payment processes.
  • Assist in selecting and onboarding new payment providers.
  • Participate in ad-hoc projects and support the finance team as needed.

Key Skills:

  • Qualified Accountant (preferably ACA or equivalent).
  • Experience in producing meaningful reconciliations.
  • Proficient in budgeting and forecasting.
  • Strong analytical and Excel skills.
  • Experience with large data sets from multiple sources.
  • Retail background related to payments or fast-paced commercial experience.
  • Strong interpersonal and networking skills.

Salary (Rate): undetermined

City: Leicester

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Job Introduction

A Bit About The Role

Selfridges has sales of over £1b a year which are received through a variety of payment channels. The Finance Manager - Payments takes a lead role in delivering and improving the accounting for these payments and their associated costs.

As a Finance Manager You Will

  • Deliver the reconciliation of sales to receipts from payment suppliers; ensuring that all sales are backed by cash, that fx, chargebacks and refunds are correctly accounted for, and that our payment suppliers are remitting cash in line with their contracts.
  • Deliver the accounting for payment related costs; producing budgets and forecasts, accounting for actual costs each month, and providing commentary on trends and variances.
  • Manage and develop a Finance Analyst.
  • Work on the year-end financial accounts and audit, both specifically in relation to payments and more generally contributing to the year-end process as a senior member of the finance team.
  • Work on payment related projects across the business, for instance establishing the accounting for new payment methods, or helping to on-board concession partners with non-standard payment processes.
  • Work with the Financial Controller, other teams, and external consultants, to improve the efficiency and effectiveness of Selfridges’ payment processes.
  • Work with the Financial Controller, IT and Procurement on projects to select and on-board new payment providers, or to renegotiate terms with existing payment suppliers.
  • Be a key member of the senior finance team in the Leicester office; working on ad-hoc projects and pitching in, troubleshooting and helping out across the team as required

A Bit About You

  • A qualified Accountant (preferably ACA or equivalent).
  • Experienced in producing meaningful reconciliations and proactively acting to identify, understand, communicate and resolve reconciling items.
  • Experienced in producing and owning budgets and forecasts, and in explaining variances in a clear manner.
  • Have strong analytical and Excel skills with experience in working with large quantities of data from multiple sources.
  • Be either from a strong retail background, ideally related to payments, or experience working within a fast paced, commercial environment.
  • Strong interpersonal and networking skills, able to establish strong relationships with stakeholders across the business.
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