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🇬🇧 United Kingdom Corridor 🛡️ Verified Employer Direct Placement

Junior Finance Business Partner

🏢 Chanel 📍 London, England 💼 Company - Private
Currency:
£28,800 - £32,162
£2,400 - £2,680 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

MAIN PURPOSE OF JOB
  • This is an excellent opportunity to join a Global luxury retailer in a role with opportunities for development. Working alongside the commercial business finance team across the Watches & Fine Jewellery Division.
  • To lead the month end close, review cost centre reports and process accruals, prepayments and ad hoc journals for Watches & Fine Jewellery Division in accordance with deadlines
  • Hold review monthly meetings with key budget holders to review actuals and forecasts
  • To improve data integrity to further enhance FP&A reporting
RESPONSIBILITIES
  • Undertaking month end procedures for WFJ Divisions on a timely basis:
    • Thorough review of cost postings to ensure correct coding of cost centre and account
    • Posting of accruals and prepayments
    • Reconciliation to cost trackers held by budget holders where appropriate
  • Preparing monthly cost centre variance reports to be distributed to budget holders on a timely basis. Hold monthly meetings with key budget holders to review actuals and forecast
  • Provide monthly P&L commentary on relevant cost lines (variance to forecast and prior year)
  • Hold a monthly meeting with the senior business partner and head of finance to present risks and opportunities across cost centres
  • Preparing monthly balance sheet reconciliations for the Division
  • Maintain and update monthly dashboard reports containing financial and non-financial KPIs
  • Weekly, monthly and ad hoc reporting covering sales, KPIs and headcount
  • Manage reporting of actuals (Q2, Q3 and year end), compile submission files in line with global deadlines
  • Take ownership of elements of P&L for forecast and budgeting
  • Headcount reporting
  • To calculate the monthly boutique commissions for Payroll
  • Capex follow-up
  • Support Invoices validation in the system
  • Support the audit at year-end
  • Support the WFJ Division with adhoc requests (pricing..)
PROFILE
  • Part qualified, currently studying towards a finance qualification (CIMA or ACCA)
  • Management accounting experience is required
  • Experience working in a Fashion Retail or Luxury industry, desirable
  • Able to manage multiple tasks and deadlines ensuring done to high standard
  • Challenging with an inquisitive mindset with commercial acumen
  • Positive and ambitious attitude with a willingness to learn
  • Intermediate experience of Excel
  • Able to prioritise tasks and manage deadlines with strong attention to detail
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Chanel

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Private
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