Senior Finance Analyst - Stock
Senior Finance Analyst - Stock
Posted on :
25-12-2024
Employer Active
1 Vacancy
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Job Description
Here at ASOS working in Finance means working collaboratively with the business to deliver our mission. Simply put the role of ASOS Finance is to build and protect business value. As a team we enable ASOS to be its best self by:
- Driving longterm growth profitability and free cash flow
- Implementing brilliant processes and controls levering lean automation and data science
- Ensuring ASOS delivers its shorterterm goals
- Building a leading team and defining new ways of doing finance
- Supporting our culture by championing Diversity Equity & Inclusion strategies.
We love people who are as passionate about our journey as we are who have initiative and who embrace change. If this sounds like you wed like to hear from you!
The Details:
- Developing a detailed knowledge of the business stock operations including activities in the retail warehousing and accounts payable teams
- Own accounting for stock financial entries in collaboration with trading finance including ability to be able to take a detailed level of understanding on financial entries and display this into appropriate summary level for presentation to senior management
- Ownership for financial accounting of stock reconciliation (Warehouse vs Finance)
- Ownership for financial accounting of cost components included in stock including WAC and stock capitalisation
- Ownership for financial accounting of stock provisions in collaboration with Commercial Finance
- Ownership for financial accounting of stock GRNI in collaboration with Accounts Payable
- Accountable for the accuracy and appropriateness of all standard cost components in the Groups average weighted stock costs (AWC)
- Taking ownership for ensuring correct accounting treatment in accordance with IFRS accounting standards for stock being proactive to review current treatment and be able to provide guidance to the business as required
- Support in the testing on any warehouse Business change projectswhich impact the financial environment including implementation of new warehouses return centres etc.
Financial Control:
- Ownership across all Stock Balance Sheet reconciliations including preparation and continual value add
- Ensuring appropriate and robust financial control environment on all stock related areas
- Ensuring financial controls processes and risks are fully documented for all stock related areas and regularly updated to meet the demands of a rapidly growing business. Providing analysis identifying potential process and control weaknesses and recommendations to management as required
- Taking ownership of endtoend stock lifecycle processes including documentation change impact assessment and requirements and successful delivery of process changes including training support
- Assisting in the successful delivery of interim and yearend audit information for external auditors as well as ad hoc internal audits as required ensuring all documents are delivered to an auditable standard and in line with agreed timeframes
- Assisting in other ad hoc projects as required by the Finance Manager to provide business insight and ensure that objectives and deadlines are met.
Key Relationships:
Internal: Commercial Finance Supply Chain Accounts Payable Finance Tech.
External: Auditors Warehouse 3PLs
Qualifications :
About You:
- Qualified financial accountant (ACA/ACCA/Equivalent)
- Previous stock retail experience (desirable not essential)
- Comprehensive understanding of IFRS accounting standards and practical application
- Proven track record of process improvement
- Experience in data analytics through excel and other apps (SQL experience desirable but not essential)
- Experience of carrying out or providing information for external and internal audits
- Experience in producing highquality analysis and reporting
- Experience of working with nonfinancial stakeholders across multiple business areas
- Experience of working with senior levels within a business and adopting a professional approach always
Additional Information :
BeneFITS
- Employee discount (hello ASOS discount!)
- ASOS Develops (personal development opportunities across the business)
- Employee sample sales
- Access to a huge range of LinkedIn learning materials
- 25 days paid annual leave an extra celebration day for a special moment
- Discretionary bonus scheme
- Private medical care scheme
- Flexible benefits allowance which you can choose to take as extra cash or use towards other benefits
Why take our word for it Search #InsideASOS on our socials to see what life at ASOS is like.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Department / Functional Area
Key Skills
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