Finance Manager
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What is the role?
Selfridges’ finance team based in Leicester focuses on financial accounting, audit and accounting for a number of areas of the balance sheet, including fixed assets, debtors, creditors, cash, tax and pensions.
The Finance Manager reports to the Senior Finance Manager and assists with accounting across a broad range of areas, although with a particular focus on financial accounting, lease and property accounting, and fixed assets. The Finance Manager manages one Finance Analyst.
As a Finance Manager you will:
Work closely with the Senior Finance Manager and the Financial Controller on preparation of the year-end financial accounts and group reporting pack, and in managing the year-end audit process.
Lead the accounting for occupancy costs (rent, rates, services charges etc), including liaising with the property team to understand and challenge occupancy costs across the 4 stores and Head Office locations, preparing budgets and forecasts, and preparing monthly management accounts and variance analysis.
Lead year-end accounting for leases under IFRS 16; converting rent costs in the management accounts (prepared on a pre-IFRS 16 basis) into IFRS 16 compliant entries in the financial accounts,
Lead accounting for Selfridges’ fixed assets; including reviewing and processing additions and disposals, undertaking physical verifications, reconciling the Fixed Asset Register to the General Ledger, and preparing analysis of fixed asset balances to support the management accounts, the financial accounts and the year-end audit.
Manage and develop the Finance Analyst.
Work on system and process improvement projects, particularly those relating to improving our accounting for fixed assets.
Be an active member of the finance team in the Leicester office; working on ad-hoc projects and pitching in and helping out across the team as required.
This guide represents a summary of the role, however all team members are expected to be flexible in the work they undertake, which may change from time to time, according to the needs of the business
How you’ll do it…you will be:
A qualified accountant, preferably ACA or ACCA, qualified by experience, or part qualified and in the later stages of qualifying.
Experienced in producing and/or auditing IFRS compliant financial accounts.
Have strong analytical and Excel skills with experience in working with large quantities of data from multiple sources.
Have experience in team management and in dealing with multiple stakeholders across a large complex business.
Experienced in developing and improving systems, working procedures and processes.
Able to work under pressure and manage a diverse and competing workload ensuring deadlines are met.
Highly organised and efficient.
