Senior Finance Manager - Cash Flow Forecasting
Internal use only - Grade D
Closing Date - 4th October
About Us.
We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love.We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.
About the role.
We are recruiting for a Senior Finance Manager of Cash Flow Forecasting who will be a key person in the consolidation and understanding of the daily, weekly, and monthly cash flows of the Group’s various entities. The role sits within the Treasury department and works closely with the Group Finance teams to ensure latest cash flow projections are aligned and factored into the financial planning of the Group.
Key Responsibilities:
Weekly cash forecasting process:
Continuous development of reporting and variance analysis
As part of the Treasury team working closely with the other parts of finance and business to understand risks and opportunities.
Cash optimisation:
Identify opportunities to improve the liquidity of business.
Business decision support:
Provide analysis and support to commercial negotiations with suppliers with regards to payment timing and payment terms
Continuous improvement of the forecasting process for Merchandise Payments.
Partner with stock and supplier funding teams ensure alignment of forecasts in the planning processes.
Planning
Partner with planning team to ensure group forecasts are embedded into cash forecasts and any variances understood.
Provide challenge and insight as appropriate.
Understand and monitor cash initiatives.
External stakeholders
Provide analysis and support regarding cash reporting queries.
Ad hoc projects
Support on projects
About you.
The scope of the role will mean that you will have relationships with all areas of finance, the wider business, and key external stakeholders. The consolidated cash flows of the Group are affected by all areas of the business and as such you will be expected to communicate and influence to ensure the right outcome is achieved from a cash flow/liquidity perspective.
Ideally you will have some or all of the following:
- ACA, CIMA or ACCA qualified
- Experience of working in a treasury function
- Forecasting experience of complex scenarios
- Comfortable and confident when dealing with senior management
- A deep understanding of working capital management
- Proven successes of developing insightful reporting and analysis
- Able to work to tight deadlines and high levels of accuracy
- Confident, influential, be able to offer constructive challenge and build strong working relationships
How to apply
Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check.Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.
What happens next?
Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review.Our interview process is tailored to each role and can be in-person or held remotely.
You can expect a one-stage interview process for this position: .
1st Stage – A one-hour formal interview where you can expect both competency and technical questions. This can be held either in-person or remotely.
As an inclusive employer please do let us know if you require any reasonable adjustments.
If you'd like to know more about our interviews, you can find out here.
Equal opportunities
We’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.Please contact us to request accommodation.