Finance Manager - Payments

Job Introduction

Are you looking for a new challenge that gives you the chance to lead and improve the accounting of payments and costs from Selfridges. Looking for a company that wants to help further your career as well as provide you with an exciting, inspiring and fun place to work?   

If the answer to all of these questions is ‘yes’ then you’re just the kind of person we’re looking for!  

Role Responsibility

Selfridges has sales of over £1b a year which are received through a variety of payment channels. 

The Finance Manager - Payments takes a lead role in delivering and improving the accounting for these payments and their associated costs.

As a Finance Manager you will:

• Deliver the reconciliation of sales to receipts from payment suppliers; ensuring that all sales are backed by cash, that fx, chargebacks and refunds are correctly accounted for, and that our payment suppliers are remitting cash in line with their contracts.
• Deliver the accounting for payment related costs; producing budgets and forecasts, accounting for actual tender costs each month, and providing commentary on trends and variances.
• Manage and develop a Finance Analyst.
• Work on the year-end financial accounts and audit, both specifically in relation to payments and more generally contributing to the year-end process as a senior member of the finance team.
• Work on payment related projects across the business, for instance establishing the accounting for new payment methods, or helping to on-board concession partners with non-standard payment processes.
• Work with the Financial Controller, other teams, and external consultants, to improve the efficiency and effectiveness of Selfridges’ payment processes.
• Work with the Financial Controller, IT and Procurement on projects to select and on-board new payment providers, or to renegotiate terms with existing payment suppliers.
• Be a key member of the senior finance team in the Leicester office; working on ad-hoc projects and pitching in, troubleshooting and helping out across the team as required.

This guide represents a summary of the role, however all team members are expected to be flexible in the work they undertake, which may change from time to time, according to the needs of the business

The Ideal Candidate

• A qualified Accountant (preferably ACA or equivalent).
• Experienced in producing meaningful reconciliations and proactively acting to identify, understand, communicate and resolve reconciling items.
• Experienced in producing and owning budgets and forecasts, and in explaining variances in a clear manner.
• Have strong analytical and Excel skills with experience in working with large quantities of data from multiple sources.
• Be either from a strong retail background, ideally related to payments, or experience working within a fast paced, commercial environment.
• Able to work under pressure, manage a diverse and competing workload ensuring deadlines are met.
• Able to drive own initiatives through to completion.
• Able to develop and improve working procedures and processes.
• Able to take accountability for their own development plan as well as coach and guide direct reports with theirs.
• Highly organised and efficient.
• Flexible, open to change and proactive.

This job is a brilliant opportunity to join a close-knit team who are incredibly passionate. If you’re looking to come into a new role and make a real impact, then this will be perfect for you.