Finance Manager FTC

This is an exciting opportunity to join a growing Finance department within one of the UKs leading multi-brand retailers where professional development is paramount to everything we do.

This is a fluid role where there will always be something different happening to keep you busy. There are no formal or rigid ways of doing things so opportunities to improve processes & procedures are always there. Each member of the finance team has an opportunity to put their own personal stamp on things and senior management are always around to offer a helping hand.

IFRS16 Lease Accounting

• Identifying if any new leases signed by the business are IFRS16 applicable and accounting for these within the lease accounting system.
• Identifying any modifications/disposals which need to be made on existing leases and making the required adjustments within the lease accounting system.
• Reconciling between the lease accounting system and the property database where leases are held.
• Identifying lease payments made in the accounts which need to be reversed under IFRS16.
• Reporting on IFRS 16 within the Group team monthly.
• Liaising with internal stakeholders within the property department around any lease queries and obtaining information for the yearly audit.
• Liaising with External Auditors on audit queries during the year-end audit process.
• Integrating any new business acquisitions which may hold leases which fall under the scope of IFRS16.
• Preparing forecasts in line with Group requirements.
• Processing impairments within the lease accounting system when required.

Fixed Assets

• Providing guidance and coaching to the part qualified financial accountant who owns fixed assets.
• Overseeing the month end processes for capex additions and depreciation. Reviewing journals before posting.
• Reviewing reconciliations performed for each entity.
• Overseeing year end processes and year end audit.

Onerous & Impairment

• Preparing the impairment model for the Group with required information from various sources. Applying the appropriate assumptions provided and providing commentary to Chief Accountant.
• Scenario planning the above across a matrix of assumptions. 

Property Accounting

• Ownership of the accounting of the Groups property valuations and impairment accounting.
• Liaising with internal and external advisors on valuations of properties to be included in the financial instruments and ensuring appropriate accounting in the Frasers Group Plc and subsidiary financial statements.
• Reviewing forecasts and variances throughout the year in cooperation with the property team.
• Own the audit process of investment property accounting ensuring all appropriate documentation is provided to the auditors & queries answered in a timely manner.

Qualifications :

• Qualified ACA ACCA CIMA.
• Good knowledge of IFRS 16
• Excellent Excel Skills
• Strong organisational skills
• Be highly motivated and able to meet deadlines
• Ability to work independently but also enjoy working in a fast-paced team environment

Additional Information :

Along with your benefits package we also offer a wide range of perks for our colleagues:

Reward Recognition and Opportunities

Frasers Champion- Our employees are at the heart of our business and we ensure individuals are recognised every single month for their hard work. Frasers Champion is a peer nominated scheme where 8 winners will receive double their pay for a month where they have thought without limits owned it or been relevant.

Retail Reconnect  In order to build the planets most admired and compelling brand ecosystem all employees must understand our business product and customers. Each financial year Head Office employees will gain insights by spending two days in one of our stores or the Warehouse. The goal is to learn how the work you do impacts our teams on the frontline and to bring ideas back to the office which will improve how we work.

Employee Welfare

Frasers Fit  Our Everlast Gyms Team are on a mission to make our workforce the best and fittest on the planet! We run free gym classes for employees as well as discounted memberships to our clubs. Frasers Fit is our wellbeing programme which aims to support and improve colleagues Physical Financial & Mental wellbeing. The app is accessible for every employee and includes training nutrition and lifestyle advice- all completely free.

Retail Trust  We know that its not just about physical health mental wellness is equally important which is why all of our employees get free access and support from the Retail Trust charity. This includes a 24 hour wellbeing helpline wellness hub counselling and financial/legal support.

Whats next

Our Recruitment Team will be reviewing applications and all candidates will receive a response whether you are successful or unsuccessful. Shortlisted applicants may be asked to confirm a few key details before being booked in for a first stage interview with the Recruiter- this will be behaviourally focussed and centred around how you align with our Culture and Values. If successful we anticipate two further interview stages with the Hiring Manager/wider team which will be more technically focussed and could include a presentation/task so we can see your skills in action.

Remote Work :

No

Employment Type :

Full-time