Edward Mann is recruiting for a Senior Management Accountant to join a growing Retail/Wholesale group based in Hoxton Park. The ideal candidate will have a strong background in finance, excellent analytical skills, and a keen eye for detail. You will be responsible for managing financial planning, analysis, budgeting, and forecasting, as well as providing strategic recommendations to drive business growth and profitability.

This is a great opportunity for someone who has experience in the retail and high inventory volume space. The client is offering up to 120k + Super depending on candidate experience and potentially more for exceptional people. They are also offing some WFH flexibility.

Responsibilities:

Budgeting and Forecasting: Lead the annual budgeting process and periodic forecasting activities. Work closely with department heads to establish budget targets and monitor performance against budgeted goals.
Financial Reporting: Prepare accurate and timely financial reports, including monthly/quarterly financial statements, variance analysis, and key performance indicators (KPIs). Present financial information to senior management and provide insights to drive business performance.
Cash Flow Management: Manage cash flow, liquidity, and working capital to ensure optimal financial health. Monitor accounts receivable, accounts payable, and inventory levels to mitigate risks and optimise cash resources.
Financial Statements Analysis: Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements, to assess the financial health and performance of the retail business.
Retail Metrics and Margins: Monitor and analyse retail metrics, such as sales revenue, gross margin, and inventory turnover, to identify trends and opportunities for improvement. Provide insights on retail margins and ensure accurate representation of financial performance.
Import Costings and Logistics:
Manage import costings and associated logistics expenses, ensuring accurate tracking and allocation of costs. Optimise delivery truck efficiency to minimise transportation costs and enhance operational efficiency.
Cost Centres Management: Establish and manage cost centres to track and control expenses across various departments and functions. Implement cost-saving initiatives and monitor performance against budgetary targets.
Inventory Optimisation:
Oversee inventory management processes to ensure optimal levels of inventory across the business's SKUs. Analyse inventory turnover rates and implement strategies to minimise carrying costs and reduce stockouts.
Financial Compliance: Ensure compliance with regulatory requirements and internal financial policies. Coordinate with external auditors for annual audits and assist in the preparation of audit schedules and documentation.
Identifying Areas of Improvement: Identify opportunities for improvement in maintenance, logistics, and cost centres management, collaborating with relevant stakeholders to implement changes that enhance operational efficiency and profitability.
Strategic Planning: Collaborate with senior management to develop strategic plans and initiatives aimed at driving business growth and enhancing financial performance. Provide insightful analysis and recommendations to support decision-making processes.

The Ideal Candidate will have experience with:

CPA/CA qualified or equivalent, those studying/or qualified by experience will also be considered.
Experience in the retail space in a similar position.
Independent and proactive approach in addressing financial challenges and driving initiatives to improve business performance.
Provide leadership and direction to the finance team, fostering a culture of accountability and continuous improvement.
Communicate effectively with internal stakeholders.
Solutions focused mindset.
Challenge existing practices and provide constructive feedback to senior management, including the General Manager, on areas for improvement and optimisation.

For more information, please apply ASAP.

Edward Mann Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Edward Mann Ltd is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply.