Finance Manager - Beauty Stock (12M FTC)
THG · UK, Manchester ·
- Employment
- Contract
- Category
- Finance
- Experience
- 10+ years
About THG
We are THG, a global ecommerce group on a mission to be the global online leader in beauty and sports nutrition.
Our portfolio of leading retailers and brands such as LOOKFANTASTIC, Myprotein, ESPA, Perricone MD, and Cult Beauty form our two core businesses: THG Beauty and THG Nutrition.
From Manchester to New York, we’re powered by a team of over 2500 people who work together, lead by example, and think BIG.
With us, you’ll go further, faster. What are you waiting for?
Location: Icon 1, WA15 0AF
Life at THG Beauty
We know that beauty isn’t one-size-fits-all. Our portfolio of leading retailers and iconic beauty brands caters to everyone, everywhere, empowering customers all over the world to look and feel fantastic.
By combining our portfolio of owned brands inclusive of ESPA, Ameliorate and Christophe Robin, with a marketplace for over 1,300 third-party beauty brands through online retail sites LOOKFANTASTIC, Cult Beauty, and Dermstore, THG Beauty's ambition is to be the global digital partner of choice across the beauty industry, supporting the channel shift to online.
THG Beauty’s breadth of relationships is unique to the beauty market; it engages with brands as a retailer, a brand owner, and a product developer and manufacturer, making it the industry’s digital strategic leader.
Why be a Financial Manager - Beauty Stock at THG?
As part of the Beauty Stock Finance Team, you will work to help the business through the monthly and yearly reporting cycle, ensuring robust financial control along the way
As the Financial Manager - Beauty Stock, you will:
- Lead and mentor 3-4 direct reports by providing clear objectives and incentives to ensure high levels of performance and all deliverables are met.
- Lead the preparation, review and reconciliation of inventory-related financial data, including stock valuations, provisions, write-offs and other inventory adjustments.
- Take ownership of inventory-related month-end and year-end close processes, ensuring balances are accurate, complete and reported in line with agreed timelines and accounting requirements.
- Lead monthly balance sheet review meeting and ensure that HOF and FD are advised of risk and opportunity.
- Review and analyse aged, obsolete and expired stock, ensuring appropriate provisions are maintained and key risks, trends and opportunities are clearly communicated to management.
- Lead the provision of inventory-related information and supporting documentation for internal and external audits, acting as a key point of contact for inventory finance queries.
- Develop and review financial reporting, analysis and dashboards to provide clear insight into stock performance, variances, trends and key risks.
- Act as a key finance business partner for inventory-related matters, providing insight and challenge to support decision-making and protect the accuracy of inventory and the P&L.
What skills and experience do I need for this role?
- Qualified or part-qualified accountant (ACA, ACCA, CIMA) with strong financial accounting experience.
- Proven experience in inventory/stock accounting, including valuations, provisions, write-offs and reconciliations.
- Strong understanding of month-end and year-end close, balance sheet controls and financial reporting.
- Experience managing and developing a small team, with the ability to set clear objectives and drive performance.
- Strong analytical skills, with experience identifying trends, risks and opportunities across large or complex data sets.
- Confident business partner who can challenge stakeholders and clearly communicate financial insight to senior management.
- Experience supporting internal and external audits and maintaining robust financial controls.
- Highly organised and detail-focused, with the ability to manage competing priorities and deliver to tight deadlines.
What’s in it for me?
Career Development
- Access bespoke development programmes that have been designed and developed by our in-house L&D team.
- Continued development through our upskilling programme that is delivered in partnership with an industry-leading training provider.
Enhanced Leave
- 25 days annual leave plus bank holidays.
- Don’t want to work on your birthday? We don’t either! Enjoy your day off on us!
- Enhanced maternity and paternity pay, depending on length of service.
- Up to 10 days compassionate leave.
- Buy back up to 3 days each year.
- Unlock 2 days volunteer leave after 12-months.
Wellbeing Support
- Access face-to-face and virtual appointments with our in-house GP.
- Access our 247 Employee Assistance Programme (EAP) which is provided by Bupa.
- State-of-the-art on-site gym.
- Access to our on-site physio.
Other Perks
- Save up to 12% on the cost of personal tech through our salary sacrifice scheme.
- Subsidised bus pass from Manchester City Centre to our ICON office.
- Up to 50% staff discount on THG brands.
- On-site staff shop.
- Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation.
- Anniversary gifts when you hit 5 and 10 years of service.
THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability.
THG is committed to creating a diverse & inclusive environment and hence welcomes applications from all sections of the community.
Because of the high volumes of applications our opportunities attract, it sometimes takes us time to review and consider them all. We endeavour to respond to every application we receive within 14 days. If you haven't heard from us within that time frame or should you have any specific questions about this or other applications for positions at THG please contact one of our Talent team to discuss further.