Finance Manager / Management Accountant
The Conran Shop
Total des années d'expérience :5 years, 9 Mois
• Preparation and review of Profit & Loss and Balance Sheet reports
• Prepayment, Fixed Assets and Accrual journals preparation, posting and reconciliation
• Bank reconciliations (including cash clearance account and cash floats)
• Customer Liability reconciliation
• Intercompany reconciliation and recharges
• Payroll journal posting and reconciliation
• Daily Sales journal posting and reconciliation
• Stock reconciliation
• Preparation of weekly, monthly and quarterly management reports to senior management
• Preparation, analysis and reporting of monthly management review pack
• Analyzing variances and making sure spending is in line with budgets
• Analyzing company’s financial performance and making long term forecasts
• Recommending ways of cutting costs
• Undertaking financial administration and assisting in Internal Audits
• Providing information and working with External Auditors
• Monitoring and interpreting cash flows and predicting future trends
• Income and Expenditure accounts and assisting on Tax Returns
• Providing and interpreting financial information
• Managing the company's financial accounting, monitoring and reporting systems
• Formulating strategic and long-term business plans and analyzing change and advising accordingly
• Researching and reporting on factors influencing business performance
• Conducting reviews and evaluations for cost-reduction opportunities
• Supervising members of staff
• Recommending ways of cost cutting
• Working with all departments and the management team to help make financial decisions
• Bespoke, ready to wear and made to measure stocks reconciliation
• Stock posting and adjustments
• Identifying and dealing with discrepancies in stock
• Maintenance of stock production files
• Maintenance and reconciliation of daily stock movements
• Stock provision maintenance
• WIP reconciliations
• Approving costs of in-house production and assistance with pricing decisions
• Monitoring costs of projects and margins achieved
• Produce, review and provide insight into daily and weekly sales
• Evaluate profit and cost efficiencies in various areas of the organisation as needed
• Goods received not invoiced reconciliations to invoices to be received and vice versa
• Identifying goods received not invoiced accruals for month end reporting
• Month end stock in hand and all stock related activities reconciliations
• Maintaining an effective and streamlined approvals system
• Bank and Balance Sheet reconciliations
• Assistance in the preparation of the P&L
• Liaising with store managers and budget holders to discuss costing of their departments and monitoring key spends against these budgets
• Using analytical and problem solving skills to identify risks and irregular costs and communicate these with managers and budget holders
• Reporting on budget variations
• Investigate cycle counting variances and issues
• Review standard and actual costs for inaccuracies
• Oversee and validate stock counts
• Work closely with store managers and provide financial support and training
• Monitoring of P&L entries
• Assets & Liabilities and Balance Sheet accounts Reconciliation
• Maintenance, Processing and Accruals of cycles to ensure they are all correct
• Bank Reconciliations - GBP, EUR and USD accounts
• Assisting in Budget Planning
• Cost Centre maintenance
• Dealing with group administration and department requests and analysis
• Month End Accruals and Prepayments management
• Actively participating in projects to improve the work flow
• Processing all the invoices linked with purchase order (SAP MM) with MIRO transaction
• Develop the control and use of SAP MM
Inter-company:
• Managing all the Inter-Company transactions in both Purchase and Sales Ledger for the operations between UK/Ireland and the rest of PRADA companies around the world, reporting directly to the Central in Italy
• Management of stocks level
• Reconciliation of Balance Sheet and P&L statements between UK and Ireland versus all the other PRADA companies worldwide, towards very strict deadlines.
• Full support to the management and Audit Company during the audit periods.
Fixed assets:
• Posting Fixed Assets Invoices
• Depreciation posting
• Transfer & Dismissal of Fixed Assets
• Posting with the Group rules for Investments and Maintenances
• Maintenance of the fixed asset register
Travel expenses:
• Preparation of travel request floats for staff travel
• Checking all staff expense forms
• Posting in SAP for payments
• Management and Reconciliation of all the float accounts versus all individual staff expenses accounts
Petty Cash:
• Monthly check for all Petty Cash Expenses
• Reimbursement of Petty Cash Floats
• Posting Petty Cash Expenses on SAP
• Reconciliation of all Petty Cash Floats with the monthly counts of the cash on hand
• Raising purchase orders and sending them to suppliers
• Ensuring correct items are received and invoiced for accordingly
• Coding, batching & posting of up to 2000 invoices a month
• Reconciling of supplier’s and customer’s accounts
• Dealing with month end accruals
• Preparing and posting prepayments
• Responsible for balance sheet and bank reconciliations
• Liaising with department managers to ensure costs don’t rise above budget
• Accountable for reviewing expense accounts in different cost centers and answering queries from management relating to operating costs
• Experienced in assessing credit facilities to clients and streamlining invoices
• Accountable for handling ageing reports from both the payable and receivable sides of the business
• Proficient with the preparation and posting of Cashbooks and sending Cash and Cheques for banking
• Preparing weekly BACS, Chaps, Cheques or Foreign Payments
• Reconciling inter-company charges and rebilling accordingly
• Successfully trained staff developments in area of accounting and software programs
• Proficient in commonly used concepts practices and procedures in the accounting fields
• Responsible for overall income audit tasks for rooms, food and beverage, and miscellaneous accounts
• Assisted in the launch of SAP in Starwood UK and helped in transferring all existing data from the AP ledger from the old accounting package SUN into SAP (data migration)
• Reconciled data that was transferred from SUN to SAP
• Successfully launched and managed a SAP training program in Milan, Italy
BA in Business Management & Accounting. Graduated with excellence in Business Strategy, Marketing Communications, Accounting, Economics, and Management. 2:1 classification.
Diploma in Marketing Management graduated with distinction
Studies for Diploma in Advertising and Public Relations