Senior Finance Business Partner - Retail (Full-time)

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Contract: Permanent

Location: Hybrid working model with a Central London office

We are hiring a Senior Finance Business Partner to support the Sales Director and the wider British Isles sales team to drive business performance through accurate, reliable and insightful financial reporting and analysis to aid commercial decision-making.

In the UK, we are very proud to have recently been recognised in the Sunday Times 'Best Places to Work 2023', one of only 11 in the 'very large' employers category.

About Pandora

The largest jewellery company in the world, we give a voice to millions of people's loves every day. We sell three pieces of our handcrafted jewellery every second and have the largest network in the industry, with almost 7,000 points of sale around the globe and a strong online business.

We pursue sustainability in everything we do and have set ambitious and measurable targets across every touchpoint of our business, from sourcing through to the materials we use and the marketing of our products.

Our People

Our global workforce is made up of over 33,000 passionate people who, in 2023, helped Pandora record the highest earnings to date, led by a refreshed long-term growth strategy. The pace of our progress has created an energising, ambitious culture where we are empowered to be ourselves and equipped to deliver our very best.

As we continue to grow, we also continue to invest in our talent. We're looking for people who share our values and can help us bring our ambitions to life.

What to expect from the role

This role reports into the Commercial Finance Manager and business partners with the Retail Director, Divisional Sales Managers, Key Account Managers and the Retail Operations team. You will assist them in driving retail business performance through accurate, reliable and insightful financial reporting and analysis to aid commercial decision-making. Core finance routines include month-end, forecasting and annual budgeting processes, flagging risks and opportunities and extracting accurate data to provide meaningful analysis.

Retail

• Business partner with the Sales Director and wider sales team to provide commercial finance insights and support
• Review weekly trade performance by KPIs (footfall, ASP, UPT, etc.) with the Sales Director and create a rolling 13-week Latest Estimate. Confidently present this view to Commercial Directors, highlighting key assumptions, risks and opportunities
• Provide insightful monthly store profitability reporting to aid in commercial decision-making for the owned and operated network and host quarterly P&L review meetings with the sales team
• Monitor and track all OPEX spend (excluding employee costs) such as packaging, logistics, travel, admin etc., proactively highlighting risks and opportunities
• Collaborate with Key Account Managers to achieve wholesale partner's sell-in revenue forecast and challenge key assumptions
• Manage and develop a Finance Business Partner, focusing on both technical and soft skills

Budget/forecasting

• Work closely with the sales, FP&A and global teams to produce revenue and OPEX forecasts within agreed timelines
• Review and challenge retail sales, orders and promotional KPI assumptions vs prior year/forecasts
• Variance analysis and commentary to ensure differences are explainable
• Take initiative to continuously improve and streamline the planning process

Month End Close

• Prepare month-end journals for the Shared Service Centre (SSC)
• Investigate and challenge material cost variances with SSC before ledgers close
• Conduct month-end reviews with the FP&A Manager and Finance Director (calling out key messages/drivers, variance analysis and implications to forecast/budget)

The successful candidate

An ideal candidate will have:

• A professional qualification (CIMA/ACCA)
• Previous experience in a commercial finance environment, preferably within retail (multi-site experience would be highly advantageous)
• Strong Excel skills (use of financial models, VLOOKUP, SUMIF, pivot tables etc.)
• P&L management experience is highly advantageous
• Solid analytical and data interpretation skills
• Effective communication skills (both written and verbal) with the ability to confidently challenge when required and work well within all levels of the organisation
• Ability to work to strict timelines
• Excellent stakeholder management skills
• A solution-focused approach
• The ability to thrive in a dynamic, changing, and fast-paced environment

Why work with us?

Our people are an integral part of our success. Our commitment to unforgettable career progression is just the start. We offer a competitive rewards package that is second to none.

• A highly competitive salary with regular salary reviews
• Generous bonus scheme
• Private Healthcare
• Choice of lunch on us, delivered to you whenever you are in the office!
• Early finish Fridays (weekends with Pandora start every Friday at 3pm!)
• 55% employee discount
• 25 days annual leave (plus bank holidays)
• Buy/sell holiday options
• Celebrate your birthday with a day off!
• Pandora Perks: access our exclusive online platform provided by Reward Gateway, where you'll have access to: Discounts on retail brands, cinema tickets, holidays, gym memberships and more
• Wellness Hub: videos to help you lead a healthy lifestyle
• Employee Assistance Programme: a completely confidential, free, counselling phone line open 24/7, all year round
• Recognition programme: celebrate and share achievements with the wider business
• At Pandora we love a party! Especially at Christmas, when you will receive an extra special gift

If you are looking for a new challenge, come and craft the incredible with us!

Please understand that due to the large number of applications, we regret that only online applications can be considered. Please click apply to submit your application.

Pandora's recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status and age.

*If you require reasonable adjustments in place during your interview(s), please make us aware as soon as possible*