Chief Financial Analyst for E-commerce Retailer

4 weeks ago


Derby, Derby, United Kingdom Locomo EV Full time

Salary: £40,000 - £50,000 per annum

The Chief Financial Analyst will play a pivotal role in optimising business profitability and growth at Locomo EV.

About the Role:

  • This is a challenging and rewarding position that requires strong analytical skills and financial expertise to drive business performance.
  • The successful candidate will be responsible for delivering accurate and insightful financial reports, managing cash flow, and improving financial processes.
  • You will also have the opportunity to work closely with the senior management team to develop and implement strategic plans.

Main Responsibilities:

Accounts
  • Prepare monthly management accounts, including sales, cost of sales, prepayments, and accruals.
  • Forecast income and expenditure, and provide regular analysis to support business decision-making.
  • Work closely with the procurement team to improve the purchase order control process and ensure timely payment of invoices.
  • Reconcile supplier accounts to ensure accuracy and identify any discrepancies.
  • Manage stock takes and inventory levels to prevent overstocking and understocking.
  • Assist with the importing of goods from the far east, including VAT and import duties.
Cash
  • Approve weekly and monthly payment runs in line with the agreed cash forecast.
  • Own the weekly cash flow forecast and discuss with the Managing Director.
  • Provide clarity on upcoming payments and cash requirements.
  • Liaise with external funders to raise cash as required.
External Liaisons and Compliance
  • Assist with the preparation of financial statements and tax returns.
  • Prepare each company VAT Return ready for the Group Management Accountant.
Budgets
  • Support the annual budgeting process and provide financial analysis to inform business decisions.
Payroll
  • Own the payroll process for all staff, including collating timesheets and HR administration.

About You:

  • You will be an experienced finance professional with a strong background in financial analysis and management.
  • You will have excellent communication and interpersonal skills, with the ability to work effectively with senior stakeholders.
  • You will be comfortable working in a fast-paced environment and be able to prioritise tasks to meet deadlines.

Benefits:

  • Competitive salary and benefits package.
  • Ongoing training and development opportunities.
  • Opportunities for career progression within a dynamic and growing company.


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