Financial Planning

2 weeks ago


Bury, Borough of Bury, United Kingdom Naylor's Equestrian Llp Full time
Retail Business Partner - Finance
JD UK & Ireland
Senior Retail Business Partner - Finance
Finance
JD Sports Fashion PLC, Edinburgh House, Hollinsbrook Way, Pilsworth, Bury, BL9 8RR
A key part of the team responsible for financial planning and management of sales, margin and employed staff costs across the JD UK & ROI store estate (c. You will develop strong relationships with Retail and other areas of the business.
Responsibility for all sales, epos margin, and store staff costs including budgets, monthly reforecasts and actuals

Sales:

work closely with the retail team, merchandising and senior finance team to set monthly targets which are stretching, but achievable.

Analysis of current trading and future impacts to help set the target
Analytical approach to ensure sales targets consider and reflect the impact of key events (Easter / Eid / Xmas / Bank holidays / School holidays)
Reconciliation of monthly sales to daily sales and investigation of variances
Ensure finance forecast margins are in line with merchandising margins
Store wages &

Staff Costs:
main aim is to ensure that the budgeted cts ratio for store wages is achieved
Challenge retail team on core salary increase requests for exisiting stores
Review current wages model and analyse data to identify cost opportunities and potential improvements to the forecast and core calculation methods
Calculate holiday pay accrual requirements

Analyse and understand variances between actual and forecast staff costs working with payroll and retail to resolve any issues identified.

Calculation and communication of quarterly retail bonus scheme ensuring high levels of accuracy, appropriate review and submission to payroll within required timescales
Ad hoc analysis to support the retail team and fellow team members
CIMA / ACCA / ACA Qualified Accountant
Experience of management accounting essential.
Retail experience advantageous
Very strong analytical skills required in order to investigate, understand, and explain variances and overall business performance.
Advanced Excel skills, Oracle, TM1 experience not essential but an advantage
Positive, flexible, enthusiastic, and driven.

The JD Group is a leading omnichannel retailer of Sports Fashion, Street & Premium Fashion, Outdoors and Gyms with over 60,000 colleagues over 3,400 stores across several retail fascia's in over 30 markets around the world.

We recognise the importance of an inclusive workplace culture in which everyone can thrive irrespective of their background or identity.

To be a part of this successful and continuously growing company, you will have the desire to ingrain our strategic goals of being a people first, a digital leader and customer focused organisation which provides operational excellence and is continuous with identifying new areas of growth into our day-to-day.

We know our employees work tirelessly to make JD Sports the success it is today and in turn, we offer them some amazing benefits:
Incremental Holiday Allowance
Staff Discount on qualifying purchases across Group retail stores and online
Exclusive Colleague Bike Discount scheme
Discounted Gym membership
Personal development opportunities to learn and develop at work
Access to Apprenticeships and accredited qualifications
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