Property & Retail Financial Analyst

Ref: MON11697
Salary: Competitive
Department: Finance
Location: Notting Hill Village, London (W11)
Position type: Permanent
Hours / Duration: 37.5 hours per week

Our story began with one man and his vision; to bring vibrant, colourful, hand-crafted artisan clothes from faraway places to the markets of London. It is a journey that started on a hippy commune in Ibiza, 1970, and finished with an overland trip east, through Afghanistan and India. Now found in West London, we’re creating vibrant products, and sharing endless discovery.

We are looking for a Property & Retail Financial Analyst to take full ownership of reporting, budgeting, and forecasting for UK Retail stores including accounting for store costs. You will be working closely with Retail Director to drive store profitability and manage the store cost base, and support on store opening/closure decisions.

What will you do as our Property & Retail Financial Analyst?

  • Full responsibility for accounting for Retail Overheads for month/year end actuals, ensuring all costs are properly accounted for and understood including payroll and property costs.
  • Monthly balance sheet reconciliations completed.
  • Business partnering with Retail Director and team to support and manage costs. 
  • Updating analysis for the monthly board pack providing detailed commentary on key variances. 
  • Highlighting any risks and opportunities.
  • Preparation of rent payments due based on store turnover or fixed contracts.
  • Monthly update of occupancy costs in the cash flow forecast. 
  • Lead the budgeting and forecasting processes for stores providing support and guidance to teams and ensuring all assumptions are appropriately challenged.
  • Updating and maintaining complex models on store costs including store wage model.
  • Compiling budget/forecast summaries and communicating outcomes to senior management
  • Support the Retail Finance Manager to determine assumptions for budgets and forecasts.
  • Updating a rolling forecast to assess store profitability.
  • Preparing appropriate summaries to clearly communicate updated view to senior management to aid decision making for the store portfolio.

What will you need to succeed as a Property & Retail Financial Analyst?

  • Part/newly qualified accountant (CIMA, ACA or ACCA)
  • Proactive, positive, resilient, and adaptable team player who is driven to make a difference.
  • Attention to detail.
  • Strong Excel skills including modelling is key with the ability to work through large amounts of data, plus system skills.
  • Working well under pressure and meeting various deadlines.
  • Able to work in fast paced retail environment with changing conditions.
  • Excellent communication skills- ability to articulate detailed information in an easy-to-understand manner.
  • Experience in forecasting and budgeting processes.
  • Experience of identifying and implementing process improvements.
  • Interest in Retail/Fashion environment.
  • Experience working within Fashion Retail environment, especially multi-site.
  • Experience using reporting systems (CODA and Cognos)

What will we offer you in return?

  • Competitive salary with the ability to participate in the Company bonus scheme.
  • 23 days holiday with the option to purchase additional holiday through our salary sacrifice scheme
  • Bonus day off each year after 6 months service
  • A pension that you will automatically be enrolled in after 3 months
  • Life assurance (subject to participating in the pension scheme)
  • A flexible working approach
  • Early pay day Friday finish
  • A generous staff discount with up to 50% discount on our products
  • Interest free season ticket loans
  • Discounted gym membership at our on-campus gym
  • Additional discounts such as Westfield discount

If this all sounds great and you feel you are who we are looking for, let us know and apply today.

At Monsoon Accessorize we don’t focus only on what we do, we also care about how we do it. Our values and the way we behave are important to us.

We are committed to creating a diverse and inclusive workforce and an environment where we value and respect every individual's unique contribution, enabling all of our employees to thrive and achieve their full potential.

We want to attract the broadest range of talented people and are an equal opportunity employer. We welcome applications from individuals, regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We will also consider flexible working requests for all roles, unless operational requirements prevent otherwise.

We provide reasonable accommodations as needed to people with disabilities to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us at to request discuss any specific requirements.

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