Group Financial Accountant

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

Working as part of the Group Financial Reporting (GFR) team, covering a range of activities, including month end reporting responsibilities, year-end and interim statutory group reporting responsibilities, and other ad hoc project work as required.

RESPONSIBILITIES

Monthly analysis and review

• Liaising with regional finance teams and other business partners to obtain relevant information for preparation of month end close journals
• Responsibility for preparation of monthly centrally controlled accounting adjustments, including both the calculation and posting of these adjustments
• Preparation of monthly analysis and reporting schedules to support month end journals
• Ad hoc monthly reporting as required
• Month end rates reporting (on a rota basis)

IFRS 2 Share schemes

• Computation of IFRS 2 share based payments charge for the group, including the monthly impact on related accounts
• Responsibility for preparation of centrally controlled accounting adjustments for forecast and/or budget periods
• Preparation of analysis and reporting schedules for inclusion into the forecast / budget reporting pack to support the forecast / budget submission
• Ad hoc analysis of IFRS 2 charge to support scenario reporting, as required.
• Responding to share based payment queries from a financial perspective
• Computation of IFRS 2 intercompany recharges and local statutory disclosures

Treasury Intercompany & Derivatives Accounting

• Responsible for the extract and communication of the intercompany loans position for the month end close including liaison with the Group treasury team to ensure new loans or repayments have been accurately reflected with offsetting intercompany balances
• Responsible for the determination of the derivative fair value and hedge accounting transactions and their loading from the treasury system into the SAP period end process
• Preparation of the analysis to support the understanding of the movement in fair value and cash position of the Group's derivatives

Statutory Reporting (bi-annual basis) - Group

• Review of regional interim and year-end submissions
• Review and analysis of specific group consolidated balance sheet accounts
• Preparation of specific note disclosures for the group consolidated statutory accounts
• Performing consistency and accuracy checks on draft group consolidated statutory accounts
• Liaison with external auditors where necessary
• Preparation of schedules to support Audit Committee papers as required

Statutory Reporting - subsidiaries

• Preparation of statutory accounts for several entities within the Group (local head office stat accounts and the groups largest operating entity)

Ad hoc tasks

• Weekly confirmation of Treasury deals (on a rota basis)

PERSONAL PROFILE

• Qualified accountant - ACA or equivalent

• Attention to detail

• Proven communication skills

• Proven advanced Excel skills

• Ability to work independently as well as part of a team

• Ability to see issues through to completion

• Strong sense of responsibility

• Self-starter, showing the ability to take initiative and motivated to excel

• Proven IFRS experience

• Experience with group consolidation accounting and systems

• UK GAAP / FRS 101 experience preferred but not essential

• Retail industry experience / exposure preferred but not essential

• Caseware systems experience preferred but not essential



Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.

Posting Notes: United Kingdom || Not Applicable || London || FINANCE & OPERATIONS || FINANCE REPORTING || n/a ||