Finance Manager Job at Marks & Spencer, London

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Job Description

M&S International operates across 60 different territories with 470 stores and over 50 websites covering Europe, Asia and the Middle East.

The team is building on the momentum of a post-COVID world, with a number of transformation plans either in place or on the horizon, the ambition is to double the profit in the next 5 years.

The International Franchise business of M&S is circa 50% of the annual turnover of the total International business unit. You'll be business partnering the Head of International: Clothing & Home, the trading and planning Clothing & Home team and the Head of International: Food in supporting the strategic development and growth of the franchise business.

You will be supported by a Franchise Analyst, so a critical element of this role is to lead and harness their growth and development.

Key Accountabilities:
  • Building positive relationships and business partnering with the International leadership team to enable the delivery of the growth ambitions
  • Analysis and forecasting of working capital and cash flow
  • Offering financial and commercial insight into the strategic direction of International Franchise, providing advice and challenging the leadership team on matters beyond Finance
  • Leading Finance support in negotiating new and existing commercial agreements
  • Providing financial analysis and appraisal of strategic growth projects and investment decisions as well as subsequent tracking of delivery against agreed measures
  • Taking overall responsibility of the Food and Clothing & Home Franchise P&Ls, coordinating preparation of monthly management accounts
  • Responsibility for all forecasting cycles (monthly/yearly/3YP) across Franchise
  • Preparing and presenting a monthly performance overview to International Franchise leadership Team, demonstrating an understanding of variances against key performance indicators and guiding discussion for deeper analysis
  • Responsibility of key financials controls being met (monthly/pricing changes)
Key Skills:
  • Qualified accountant (CIMA/ACCA/ACA)
  • Can build positive relationships across the multiple Teams (both Finance and non-Finance)
  • Challenges and influences business partners, presents information in an articulated way
  • Sound commercial Financial competence with a track record of guiding business partners through investment appraisals and providing decision support
  • A self-starter, uses initiative and works independently within a wider Team framework
  • Adapts and thrives in a changing environment, and works at pace
  • Intermediate or advanced proficiency with Microsoft Excel and PowerPoint
Some of Our Benefits Include:
  • Flexible working policy, with time in the office and working from home
  • Free 24/7 support from our health and wellbeing partners
  • 20% discount on M&S products

#LI-FD1

M&S is ready to push boundaries to lead the retail industry into a greener, speedier, more inspiring digital era. That’s why we’re revolutionising how we work and offering our most exciting opportunities yet. There’s never been a better time to be part of our team. Marks & Spencer aims to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers. Join us and make an immediate impact.

We are committed to an active Inclusion, Diversity and Equal Opportunities Policy, which starts with our recruitment and selection process, and we are happy to talk flexible working.

If you consider yourself to require reasonable adjustments to any part of our recruitment process, we invite you to share those requirements with us when completing your application. We will make every effort to ensure your needs are met to provide a fair and transparent process of assessment.

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