for the love of fashion

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Senior Finance Analyst

Level

L2 - Junior Manager


Closing Date:

22/04/2021


Permanent / Fixed Term

Permanent


Support Centre Location

Weymouth Office


More about the role

Here, at New Look, everything that we do is for the love of fashion.

We’ve been bringing the latest fashion to the high-street since 1969.  We’re now a global, multichannel brand offering on-trend, value-fashion for women, men and teenage girls.  Even after 50 years we’ve stayed true to our original mission of delivering fabulous products at a price our customers can afford.

We invented fast fashion and it’s our colleagues today that continue our journey to create a New Look that everyone loves.

It’s our values that inspire us every day - we play to win, we are customer obsessed, we work as one…and it starts with you.

We are always on the lookout for talented, passionate people to join our New Look team.


The Role:

Job Purpose
• Integral role within Group Treasury team, supporting the Group Treasury Manager and Head of Group Treasury
• Identifying and managing financial risks
• Day to day operational treasury tasks
• Preparation of month end book entries and reporting including accounting for financial instruments under IFRS9
• Preparation of cash flow and liquidity management, deal confirmation and settlement management
Accountabilities and Responsibilities
• Subject matter expert for all FX related issues across the Group
• Ensure adequate cash liquidity for Group requirements through cash forecasting on a daily, weekly and rolling 15 month basis
• Ensure all trading bank accounts are sufficiently funded on a daily basis to support the daily cash flow requirements by bank account and by currency, including forward planning of cross border funding requirements
• Supporting the execution of money market deals, FX, IR and commodity hedges
• Review of all deal confirmations once the FX deals have been placed in preparation for sign off by Head of Group Treasury
• Ensure all payment modes, payment systems, payment processes in the Group are adhered to, ensuring payments are made in a timely and cost-efficient fashion and correct control procedures are implemented as required
• Resolve any cash/payment/bank account related queries as they arise and ensure any issues are resolved on a timely basis
• Prepare period and quarter end interest, debt, cost accrual journals (list not exhaustive) for Treasury Manager approval ahead of cost reviews
• Ensure all bank reconciliations are complete and clean at each period end with material unreconciled transactions reported on at Balance Sheet Review
• Prepare necessary documentation to amend approved signatories on the bank mandate ahead of Board approval
o Support with the required new account opening documentation and ‘Know your customer’ compliance as required by the banks, including liaising with Company Secretary following change of company officers and FATCA tax forms
o Forecasting – FX impacts, finance income and expenses for both Profit and Loss and Cashflow formats with regular updates (weekly) for communicating risks and opportunities to lodged forecasts
o Supporting with the collation and preparation of the Treasury Committee pack ahead of monthly meetings
o Identification and proposal of opportunities for improvements in processes, systems and risk management techniques
o Adhoc analysis and reporting for management

About You:

Minimum level of education or qualifications
o Part-qualified accountant - CIMA, ACCA, ACA
o Relevant tertiary qualification or Treasury specific qualification

Essential skills/knowledge
o Competent use of a PC, including proficient use of Excel, Word, Powerpoint, Adobe
o Numerate with clear written and oral communication skills
o Ability to collaborate with internal colleagues on financial issues
o Good knowledge of finance department workings
o Knowledge of financial instruments including FX forwards and appropriate accounting treatments
How We Work
o Collaborating with other members of staff within the wider business
o Excellent time management skills and ability to manage multiple deadlines

Our Behaviours
o Prioritising what’s important and ensuring all tasks completed on time
o Attention to detail – timely correction of errors and oddities questioned or flagged
o Be proactive and take responsibility to resolve issues
o Problem solving – identifying opportunities to improve processes to ensure accuracy and drive efficiencies

Why New Look?
The amazing people, the love of fashion, the 4pm Friday finishes – there are so many reasons to love working at New Look.
We offer training to support you and your career progression, so that you can be at your absolute best.
You’ll also receive these amazing benefits:
• 40% staff discount
• Monthly 25% off  privilege vouchers for family and friends to enjoy
• Quarterly sample sales
• Season ticket loans
Apply now to find out more.


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