Stores Expenses Finance Analyst recruitment
As TJX Europe, our European businesses include TK Maxx in the UK, Ireland, Germany and Poland, and HomeSense in the UK. Our stores offer shoppers a huge range of brands with up to 60% off recommended retail prices. Our team of buyers deals directly with thousands of designers and brand owners all over the world. And then we pass the savings onto our customers.
The majority of our stock is fashionable, current season merchandise while a small percentage is past season or timeless classics. We really don't want to boast but we do secretly think our concept is a little bit unique, and that's why our commitment is to bring our customers big labels at small prices.
Working at TJX Europe, variety and diversity are not only ever present, they are essential. So, whatever your individual talents or interests, it's more than likely that we have exactly what you are looking for. With an extensive range of career options across the UK, Ireland, Germany and Poland, TJX Europe stands out as one of the most successful and exciting retailers in Europe.
Job Summary
To provide financial analysis, forecasting and control of all, non store payroll, store expenses for TK Maxx UK and Ire and Homesense.
Key Responsibilities
- Gift Cards - maintain the reporting and control of the pan European Gift cards programme. Works closely with Marketing and Business Development to ensure costs are understood and highlighted appropriately
- New Store and Expansions Models - Model revised forecasts and budget entry into TM1 and Oracle, according to the timing of new store openings.
- Undertake regular analysis of monthly actuals vs. budget on key cost lines.
- Maintain and issue monthly and quarterly red/green reporting to Store Management teams.
- Work closely with the Financial Accounts team to develop Store P L reporting - Ensure the relevance of the report and be the main contact for Store Management query resolution.
- Develop Store Ops and LP Direct G A costs reporting and analysis for Central and Regional management teams. Provide enhanced focus and understanding of Travel costs.
- Maintain close links with Procurement initiatives to evaluate and measure their impact on store expenses.
- Utilities Focus - Tariff and consumption analysis. Work with relevant teams to ensure understanding and control of costs.
- Close liaison with Financial accounts regarding fixed costs. R,T,C, Deprn and Insurance.
- Generate the monthly Supplies budgets for stores and liaise with Bunzl to develop improved analysis and control of monthly store spend.
- Prepare / understand forecasts and Budgets for all non payroll expense lines and ensure their accurate entry into TM1 in line with Rolling Plan and budget timetables.
Key Contacts / Customers
- Central and field store operations
- Individual Store Managers
- Gift Card project team
- Financial Accounts team
- Procurement Utilities manager
Key Skills, Knowledge Experience
- Intermediate Excel spreadsheet skills
- Experience of working with TM1 or similar data systems.
- Experience within an operations/finance department of a multi-site retail
operation would essential - Part qualified Accountant, willing to progress to qualification would be a advantage
Key Personal Attributes
- A 'hands on' approach with a high attention to detail.
- Customer focused with good interpersonal skills.
- Desire to succeed in a demanding environment
- Proactive, challenging, and uses initiative
