Finance Analyst

Overview

Our finance function operates at the heart of ASOS. Say goodbye to preconceptions of bean-counters and hello to a multi-functional, business facing department. Our finance team controls the cash within the business and also provides support to the business to help it make decisions to lead us to being a global online fashion destination.

• Develop and maintain a detailed understanding of Group stock operations, including activities across retail, warehousing and accounts payable.
• Lead the accounting for stock related financial entries, incorporating input from Commercial Finance, with the ability to analyse detailed transactional data and translate this into clear, summary level reporting for key stakeholders.
• Apply appropriate financial accounting treatment for stock cost components, including weighted average cost (WAC) and stock capitalisation.
• Account for stock provisions in collaboration with Commercial Finance, ensuring judgement is applied consistently and in line with Group policy.
• Account for stock GRNI balances in collaboration with Accounts Payable, ensuring completeness and accuracy.
• Apply IFRS accounting standards for inventory, proactively reviewing current treatments and providing technical guidance to the business where required.
• Support testing and financial impact assessment for warehouse and operational change initiatives, including new warehouses, return centres and related system changes.
• Prepare and maintain stock balance sheet reconciliations, ensuring they are complete, accurate and provide value add commentary.
• Maintain a robust financial control environment across all stock related areas.
• Document and maintain stock related financial controls, processes and risks, identifying control weaknesses and recommending improvements as required.
• Support end to end stock lifecycle processes, including documentation, impact assessment and delivery of process changes, with training support where required.
• Support the delivery of interim and year end audit requirements, ensuring information is provided to auditors to an auditable standard and within agreed timelines.
• Communicate effectively with key stakeholders across Financial Control, Commercial Finance, Operations and Technology, delivering clear accounting insight, timely updates and well reasoned explanations on inventory related matters.
• Support the delivery of ongoing projects and change initiatives across the business that impact inventory accounting, contributing accounting input, analysis and financial impact assessment as required.
• Provide ad hoc analysis and support on Finance Manager led requests to deliver business insight and support the timely delivery of objectives.

• A qualified financial accountant (ACA, ACCA or equivalent).
• Strong working knowledge of IFRS, with the ability to apply standards effectively in practice.
• Experience preparing information for, and responding to, external and internal audit requirements in a clear and structured manner.
• Experience working collaboratively with non finance stakeholders across multiple business areas.
• Experience engaging with senior stakeholders, demonstrating a consistently professional and considered approach.
• Confident exercising professional judgement, particularly in areas involving estimates, assumptions and management judgement, with appropriate escalation where required.
• Ability to communicate complex accounting matters clearly to both finance and non finance stakeholders;
• Comfortable operating in a fast paced, evolving environment, able to prioritise effectively and manage competing deadlines;
• A proactive mindset, with a track record of simplifying processes and improving ways of working while operating within a strong control framework;
• Strong attention to detail, with experience in data analysis using Excel and other analytical tools; SQL experience desirable but not essential.
• A collaborative team player who role models ASOS' values and actively supports Diversity, Equity & Inclusion.

• Employee discount
• Employee sample sales
• 25 days paid annual leave
• Private medical care scheme
• Fixed Annual Payment in addition to your salary each year
• Opportunity for personalised learning and in-the-moment experiences that enable you to thrive and excel in your role.