Financial Operations Specialist

6 days ago

Shirebrook, Derbyshire, United Kingdom Frasers Group Full time

At Frasers Group, we are transforming the retail landscape. Through innovative digital solutions and exceptional in-store experiences, we provide our customers with access to the finest sports, premium, and luxury brands worldwide. As a frontrunner in the sector, we are enhancing the retail journey for our customers through our portfolio of renowned brands.

Why consider a career with us?

Our mission – we are creating the most esteemed and captivating brand ecosystem globally.

Our purpose – we are enriching the lives of many by providing access to the world's leading brands and experiences.

At Frasers Group, we embrace challenges and encourage our team to think beyond conventional boundaries. The potential for career advancement is substantial, and the experience is unparalleled. To maximize this opportunity, you should embody our core principles:

  • Innovate without limits - Act swiftly, think boldly, and collaborate with your team.
  • Take ownership and believe in yourself - Manage the essentials, take charge of your responsibilities, and deliver results.
  • Stay relevant - Be pertinent to our people, partners, and the environment.

We provide extensive training opportunities and on-the-job learning experiences. We support further qualifications through Study Support and empower our employees to grow. Our on-site fitness facility offers complimentary weekly fitness classes for the Finance Team, promoting team cohesion while maintaining physical and mental well-being. Additionally, employees enjoy a 20% discount across all Group brands and participate in bonus schemes, including our peer-nominated recognition program.

This position requires full-time commitment at our headquarters.

This is an excellent opportunity to work closely with the UK Head of Forecasting & Reporting. This division manages all financial data for the entities operating from the central office, including management accounts, statutory accounts, and budgeting/forecasting.

The role has emerged due to significant growth in recent years, including several acquisitions and the need for substantial process enhancements. You will oversee the daily financial operations of all departments under your purview and may be involved in future acquisitions and integrations.

You will collaborate as part of the management accounts process and provide necessary training to the core team as needed. You will have complete responsibility for the financial figures of your designated departments and will be equipped to address any inquiries that arise.

  • Managing all overhead expenses for specific departments, including the calculation and entry of monthly prepayments and accruals into the financial system.
  • Generating departmental reports to assist with financial planning, including reviewing and analyzing any discrepancies between actual results and budgeted/forecasted figures.
  • Building strong relationships with relevant commercial departments and serving as a financial business partner for numerical inquiries.
  • Calculating and managing figures for inclusion in quarterly budgets and forecasts for specific departments/cost lines.
  • Presenting monthly financial reports to your direct supervisor and senior finance personnel as required.
  • Opportunity to manage the financials of an entity within the Frasers Group, including oversight of management accounts, balance sheet reviews, and statutory audits.
  • Supporting group and statutory audits for relevant areas.
  • Assisting with the integration of new subsidiaries.
  • Qualified ACCA/CIMA with a minimum of two years' experience in a similar financial role.
  • Proficient in using MS Excel to analyze complex data and derive business insights.
  • Strong stakeholder management abilities and the capacity to provide constructive challenges.
  • Ambitious and eager to advance a career within a global commercial organization.

In addition to your benefits package, we offer a variety of perks for our team members:

Recognition and Opportunities

Peer Recognition Program - Our employees are central to our business, and we ensure that individuals are acknowledged monthly for their contributions. This program allows peer nominations, with eight winners receiving double their salary for a month based on their exceptional performance.

Performance Bonuses – We aim for our share price to reach a specific target. If achieved for a consecutive period, all employees will receive a bonus, with top performers receiving substantial rewards.

Annual Celebration Event – A unique event for our Head Office and Retail Staff, featuring a brand village, guest speakers, entertainment, and fitness challenges.

Leadership Engagement Sessions - Quarterly opportunities for selected employees to engage with our leadership team, fostering connections and discussions on various topics.

Employee Development

Wellness Initiatives – Our fitness team is dedicated to promoting a healthy workforce, offering free gym classes and discounted memberships. Our wellness program supports colleagues' physical, financial, and mental health.

Support Services – We provide free access to mental health resources, including a 24-hour helpline and wellness support.

Next Steps

Our Recruitment Team will review applications, and all candidates will receive feedback. Shortlisted applicants may be asked to confirm key details before scheduling an initial interview focused on behavioral alignment with our culture and values. Successful candidates can expect two additional interview stages with the hiring manager and team, which will be more technically oriented and may include practical assessments to showcase your skills.

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