Senior Financial Reporting Lead

Posted 2 Days Ago
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Croydon, Greater London, England
Senior level
Retail
The Role
The Senior Financial Reporting Lead will oversee boutique accounting, fixed assets, inventory, and financial controls, managing month-end closes and balance sheet reconciliations while supporting audit processes. This role involves leading and developing a finance team, driving process improvements, and implementing new systems and controls.
Summary Generated by Built In

About the role

Reporting to the Finance Manager you will take ownership for the Boutique accounting, Fixed assets and leases (FA&L), inventory and Financial Controls for the UK region.  This is a key role for the region, working closely with the Head of Financial Control to drive process improvement and implement more robust financial controls across the region.  Managing two direct reports, you will also support with training and developing members of the UK finance team and will support in setting departmental objectives and ensuring these are adhered to.

What impact you can create at Chanel

Accounting duties:

  • Responsibility for the month-end close on SAP

  • Specific ownership of Boutique accounting, inventory, FA&L (incl. IFRS16) and related transactions

  • Management of balance sheet reconciliations (including preparing and reviewing)

  • Quarterly financial submissions to Global

  • Work as the key point of contact for the audit

  • Providing finance support for the boutiques

  • Oversight of reconciling store receipts

Project work:

  • Involved in the design, testing and implementation of various improvement projects

  • Supporting with the implementation of a new ERP system where appropriate (D365) 

What you will bring to the role:

  • Qualified Accountant (ACCA, CIMA, ACA)

  • Strong financial controls required and treasury experience preferred

  • Previous experience driving change and implementing new processes

  • Strong leadership skills with proven experience managing a team however, equally comfortable to performing day to day tasks with good attention to detail

  • Knowledge of SAP

  • Experience working in the retail industry and business partnering with operations teams.

  • Ability to prioritise and multi-task, use own initiative and work autonomously when required

  • Positive and ambitious attitude with a willingness to learn

You are energised by:

  • Delivering deadlines and accountabilities

  • Continuously looking out for new opportunities to improve processes

  • Leading and developing a finance team

  • Building relationships with stakeholders at all levels

What you would gain from this experience:

The opportunity to apply skills learnt through professional qualification and management accounting experience as part of a finance team.

Benefits at Chanel

Have been created to support you across your professional and personal life by offering you:  

  • Physical Wellbeing: Private Medical Insurance covering pre-existing medical conditions and ability to add family members, Online GP App with 24/7 appointments available within 24 hours and Cycle Scheme participation for a tax-exempt bike and/or accessories  

  • Financial Wellbeing: Pension, Life Assurance and Retail Discounts across multiple retailers including Supermarkets, Gyms, Days Out and 100s more  

  • Mental Wellbeing: Employee Assistance Programmes and Other Support Lines  

  • Lifestyle: Arts & Culture Ticket Discounts across major London attractions and CHANEL Product Discounts

  • Employee Recognition: Service Awards Programme offering CHANEL Products, Retail Vouchers and Additional Holidays across milestones  

 *Benefits are eligibility dependent and subject to change at any time   

At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to CHANEL.

Top Skills

D365
SAP
The Company
HQ: Piscataway Township, NJ
16,825 Employees
On-site Workplace

What We Do

CHANEL is a private company and a world leader in creating, developing, manufacturing and distributing luxury products.

Founded by Gabrielle Chanel at the beginning of the last century, CHANEL offers a broad range of high-end creations, including Ready-to-Wear, Leather Goods, Fashion Accessories, Eyewear, Fragrances, Makeup, Skincare, Jewelry and Watches. CHANEL is also renowned for its Haute Couture collections, presented twice yearly in Paris, and for having acquired a large number of specialized suppliers, collectively known as the Métiers d’Art. CHANEL is dedicated to ultimate luxury and to the highest level of craftsmanship.
It is a brand whose core values remain historically grounded on exceptional creation. As such, CHANEL promotes culture, art, creativity and “savoir-faire” throughout the world, and invests significantly in people, R&D and innovation.

At the end of 2019, CHANEL employed more than 28,000 people across the world.

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