Finance Manager, Forevermark

Job description

The Role As the Finance Manager, Forevermark (FM), you will be responsible for timely and accurate completion of all internal and external business reporting requirements. You will develop and maintain robust and efficient controls to satisfy internal audit and external regulatory requirements and be involved in/ lead relevant improvement projects in relation to the head office and international operations. The role will involve liaising with international markets to ensure accurate and integral reporting and you will provide guidance to markets where appropriate.

Additionally, a deep understanding of the business drivers will ensure performance is known. The role reports to the Financial Controller, BDD and has one direct report.

Key Responsibilities

Responsible for the management of the DB FM / IOD (Institute of Diamonds)

Business Unit reporting process including

Preparation and completion of month end reporting for FMUK and IIDGR UK for Group submission; Review of the monthly actuals of all eight DB FM / IOD international markets, ensuring these are successfully loaded onto the financial reporting system (HFM) and any queries are followed up. First port of support for the DB FM / IOD Global finance community and first point of contact for DB FM UK based Accounts Technicians for any reporting or day to day processes.

Completion of the DB FM / IOD consolidation. Completion of stat notes and group templates at both half year and year end for FMUK and IIDGR UK. Manage, review and consolidate the stat notes and group templates completed by the Global DB FM / IOD business unit. Analyse monthly performance for DB FM / IOD entities providing variance analysis, lead on explanations during Group Flash calls. Review of monthly DB FM reporting and consolidation processes prepared by Accounts technicians, including Balance Sheet reconciliations, BU report and monitoring of International bank limits, and first review of CFO Report before final review by Financial Controller.

Own the process of completing the Statutory Accounts of FMUK and IIDGR UK to the point that Finance Director performs high level review and signing. This involves managing and reviewing the preparation of the accounts and supporting files by the Accounts Technicians and engaging with the Company Secretary’s team. Acting as the key liaison for the annual external audits of FMUK and IIDGR UK, providing analysis, explanations and support where required.

This involves engaging with other areas of the business to obtain support required by the auditors, including Operations, Legal and Marketing. Work closely with fellow Accountants and Accounting Technicians within BDD and DBUK to ensure integrity and accuracy of the accounts. Particular emphasis placed on ensuring that good corporate governance, process and internal controls are maintained across all operations. First point of contact with the DB group finance team and manage the adherence to group timetables / financial procedures with support from Financial Contoller.

Support the Marketing Finance team with reporting of Marketing figures and due diligence of supplier onboarding. First point of contact for the International DB FM / IOD finance functions for internal controls to ensure that internal controls are consistent with Forevermark/DBUK internal control policies. Responsible for training all new international financial managers on group reporting requirements as well as providing technical accounting advice.

Assist in project work resulting from changing business requirements, including business partnering with key pilot initiatives across the Business unit. Preparation of ad hoc reports at the request of management, including an active role in day to day SAP management. Regularly review liquidity of Forevermark and it’s businesses, ensure Treasury limits are not exceeded and discussions on required changes are held well in advance.

As appropriate, assist in resolving payables and receivables issues. Working closely with Group Tax to complete FMUK and IIDGR UK tax requirements, including completing the annual tax packs as well as the review of international markets tax calculations. Support tax queries and investigations where appropriate.

Qualifications

Qualified Accountant (ACA, ACCA, CIMA)

• 7+ years post qualified experience
• Proven experience leading statutory reporting and/or audits of entities
• Excellent spreadsheet & modelling abilities Experience of financial reporting in the retail / luxury sector would be an advantage
• Proven managerial and coaching skills, ideally through line management Fluent spoken and written English Additional languages would be an advantage but not essential Strong Microsoft Office skills essential
• Solid accounting and technical reporting background including application and extensive knowledge technical accounting standards including IFRS16 and IAS36.

Excellent spreadsheet & modelling abilities HFM, SAP & Onestream systems knowledge an advantage