Group Financial Accountant - Consolidation

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 team, covering a range of activities, including month end consolidation and reporting responsibilities, year-end and interim statutory group reporting responsibilities, store impairment review and other ad hoc project work as required.

RESPONSIBILITIES

Consolidation process (monthly)

• Working closely with regional finance teams, finance shared services, tax and other business partners to obtain relevant information for preparation of month end close consolidation journals
• Responsibility for calculating and posting the centrally controlled accounting and consolidation adjustments on a monthly basis
• Initial review of consolidated management accounts to ensure centrally controlled adjustments are accurately reflected
• Preparation of monthly analysis and reporting schedules to support review of month end journals and consolidated management accounts
• Ad hoc monthly reporting as required
• Month end FX rates reporting (on a rota basis)

Statutory Reporting (bi-annual basis)

• Review of regional interim and year-end submissions within BPC system to ensure they are aligned with group guidance
• 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
• Liaising with external auditors where necessary

Forecasting and budgeting (quarterly basis)

• Responsibility for preparation of centrally controlled accounting and consolidation adjustments for forecast and budget periods, for submission in to the Group FP&A team
• Preparation and analysis of reporting schedules for inclusion into the forecast / budget reporting pack
• Liaising with the Group FP&A team as required to provide additional ad hoc scenario reporting

Store impairment review (bi-annual basis)

• Drafting of impairment testing plan and presentation of this to internal stakeholders and external auditors
• Preparation of store impairment model including all inputs required to calculate the value-in-use of stores
• Working closely with the Commercial Finance teams in each region to obtain detailed overview of store performance
• Coordination with Tax, Treasury and other relevant teams to prepare group WACC rates
• Responsibility for preparing and posting the associated impairment journal entries
• Preparation of impairment disclosures in the group consolidated statutory accounts
• Preparation of schedules to support Audit Committee papers as required

Ad hoc tasks

• Weekly confirmation of Treasury deals (on a rota basis)
• Liaising with Group FP&A team to provide ad-hoc analysis as required
• Involvement in project work as required, including research and preparation of technical accounting papers; identifying/implementing improvements in reporting processes; general business support

PERSONAL PROFILE

• Qualified accountant - ACA or equivalent
• Proven IFRS experience
• Listed PLC international Group experience
• Experience with group consolidation accounting and systems (BPC & SAP preferred but not necessary)
• Retail industry experience / exposure preferred but not essential

FOOTER

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 ||