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Financial Controller

Financial Controller

Job ID 
2018-3022
Position Type 
Permanent Full-Time
Location 
US-New York (USA offices)
Category/Function 
Accounting/Finance
Brand 
Pentland Group

More information about this job

 

Pentland_Brands_Recruitment_Banner - icims

 

Pentland Group plc is a privately owned, global brand management company with wholesale and retail businesses in sports, outdoor and fashion. 

 

The Group’s head office in Manchester Square looks after investments in businesses across a number of different industries.

 

The Group’s brand management division, Pentland Brands, comprises a portfolio of world-class brands covering sports, outdoor and fashion including Speedo, Berghaus, Canterbury, Mitre, Boxfresh, Kickers, Lacoste footwear and Ted Baker footwear.

 

The Group’s retail division comprises the activities of JD Sports Fashion in which Pentland Group holds a 57% share.  Pentland Group also invests in other businesses across a number of different industries.  Headquartered in the UK, Pentland Group employs more than 19,000 people.  Its brands are available across 200 countries, and it operates more than 800 stand-alone shops.

 

Founded in Liverpool, UK in the early 1930s as The Liverpool Shoe Company, Pentland was listed on the London Stock Exchange in 1964, before becoming privately owned again in 1999.

 

As a Financial Controller within Pentland North America you will:

 

Report directly into the Director of Corporate Accounting of Pentland North America (“PNA”) and be part of the Pentland Finance Community, participating in projects and processes as required

 

As a critical member of the Finance team, you will build your business knowledge and create strong relationships within the global Finance Community and with members of the Pentland North America Executive team. You will be responsible for pulling together results and reporting from the various functions across our brands and holding companies.

You will need to display the gravitas and leadership to develop strong working relationships with Finance Partners, and the Pentland North America Executive Team to ensure all information is robust, clear and overall achieves the goals and strategies of PNA.

The role is critical in the process of developing and supporting long-term goals for the North American business within Pentland. The Financial Controller needs a breadth and depth of understanding of the overall business in order to provide financial insight that supports the strategic direction of the Brands to drive growth and profitability.

In addition to supporting the team and providing financial expertise and insight, the focus will equally be on tactfully challenging the status quo and driving action in response to risk and opportunity.

 

  • Create the link between the commercial strategy and how this is to be cascaded down from 3 year plan, current year and then into each seasonal commercial forecast across the commercial function
  • Partnering with the commercial team, create and maintain the sales to margin financial planning targets within the trading brands. Reporting after each buy including details of key takeouts and actions going forward
  • Finance lead and support for commercial decisions as well as ongoing review of sell-in vs, sell-out performance in our key accounts to control markdown spend.
  • Analyze and understand market dynamics to develop market and pricing opportunities, driving growth and profitability including benchmarking wholesale growth, profitability, market share , customer profitability
  • Market visits including attending product launches when required
  • Pro-actively seek and share best practice with other finance colleagues across Pentland Brands

This role will have the responsibility of all North American entities, including local ownership of investments and taxation within Pentland USA.   
This remit includes but is not limited to:

 

  • Own the financial planning, budgeting and forecasting processes for the trading brands in North America
  • Analysis of plans, forecasts and targets to ensure a robust approach is taken
  • Proactively support the streamlining of all financial analytical processes (e.g., Budgeting)
  • Taking the lead on creating a finance community with Brand. Ensuring communication/guidance and sharing of key inputs and outputs from across the functions
  • Share learnings, data, and insights with the North America financial community, ensuring an overall Pentland North America focus
  • Building financial partnerships within a diverse and matrix organization

 

  • Own the Month End process, with direct input from the Finance Partners, including preparation and review of monthly management accounts: P&L, Balance Sheet, Cash flow with preparation of analysis schedules and commentary
  • Year-end statutory reporting preparation, including audit files and liaison and discussions with auditors and other authorities (PWC, taxes, customs, etc.)

 

  • Investments, including full accounting, tracking and reporting functions.
  • Taxation – Local responsibility for US corporate, US state, US operational tax returns, as well as ad hoc return needs for the business. 
  • Serve as a liaison to our Group Finance team regarding technical accounting requirements
  • Work closely with our UK tax team and our external tax partner, PwC, for all tax considerations impacting the market

 

  • Review of current systems and controls – taking a fresh perspective to make positive changes for the business
  • SAP continuous improvement and knowledge sharing within the team
  • Pro-actively seek and share best practice with other finance colleagues across Pentland Brands

 

  • Develop and manage a consolidated reporting framework providing timely, relevant and insightful information to the business
  • Regular presentations to the commercial team during product launches and commercial sales meetings
  • Key stakeholders are the Pentland North America Executive team, ensuring clear, concise communication of all monthly, forecast or budgeted results including key drivers, risks and opportunities

 

 

 

                         What you need to have

 

  • 3+ years post-qualified CIMA /ACA / ACCA with previous industry experience
  • Proficient in the accurate preparation and review of multicurrency consolidations and familiar with the latest accounting standards in UK GAAP / IFRS
  • A good level of commercial experience, working with partners, suppliers and non-finance teams
  • Experience of developing & embedding control frameworks
  • Excellent numerical, report writing and communication / interpersonal skills
  • Experience of consolidated internal management accounting, forecasting and budgeting
  • Excellent Excel and Powerpoint skills, enabling rapid assimilation of key insights / messages

 

 

                    What we need to see in you

 

  • Driven and take full ownership of the role
  • Able to set challenging deadlines and lead the team to meet them, whilst maintaining a high degree of accuracy
  • Take ownership and accountability for work produced by the department
  • Continuously looking for ways to deliver departmental efficiencies by challenging processes, systems and outputs
  • Process driven
  • Well planned, organised and detail conscious
  • Proactive and have the initiative to solve problems
  • Commercially aware with an ability to make the right decision for the organisation
  • To be a relation builder with strong communication skills
  • Able to influence others at all levels of the organisation with excellent interpersonal skills
  • A strategic thinker with high level of numeracy
  • Confident and willing to challenge
  • Willing to get involved in anything that needs doing with a can do attitude
  • Exceptional multi-tasking skills

 

This overview gives you a feel for what you’ll be doing day to day but it’s not an A to Z.

 

 www.pentland.com                                     https://careers-pentland.icims.com/