Return to jobs Return to jobs

Finance Analyst (FP&A)

Rapha

Clock

Posted 2 weeks ago

Join Rapha's Dynamic Finance Team and Propel Your Career in a Passion-Driven Environment

Overview

icon Salary

No salary declared 😔

icon Location

N19 4AG

icon Nomad Friendly?
icon Expires

Expires at anytime

Rapha, a leader in the cycling industry, is seeking a diligent Finance Professional to join its vibrant team. This position offers the chance to work in a spirited environment focused on advancing cycling culture. Rapha is not just about high-quality cycling apparel; it's a community that invests in its employees, offering flexible working hours, study support, and a robust benefits package, including generous discounts and parental leave.

  • Assist in financial planning, budgeting, forecasting, and strategic planning.
  • Engage in KPI analysis, capital expenditure analysis, and prepare reports for executives and the Board.
  • Manage treasury functions, including cash flow reporting, currency requirements, and liquidity analysis.
  • Partner with various business channels to provide financial insights and reports, influencing commercial decisions.
  • Analyze cost variances, identify financial risks and opportunities, and communicate findings to leadership.
  • Relevant degree or part-qualified with a strong understanding of accounting and financial reporting.
  • Commercial acumen with advanced Excel skills and a fast-paced work ethic.
  • Excellent communication, analytical, and organizational skills.
  • Ability to work under pressure and meet tight deadlines.
  • Desirable: Experience with Power BI, Microsoft Business Central, cash flow management, and retail environments.
  • Interest in cycling or sports is advantageous.


The Role

As a key member of the Rapha finance team, this role is responsible for supporting the execution of the financial planning process as well as taking a key role in partnering with senior stakeholders in the business and aiding in commercial decision making. The role encompasses budgeting, forecasting, long-term strategic planning, KPI analysis, analysis for capital expenditure, executive and Board reporting, treasury analysis as well as month-end deliverables.


Responsibilities

Financial Planning:


  • Work closely with the Head of Finance and FP&A Manager to support the delivery of full business budgets, rolling forecasts and long range models as required


  • Work closely with channel owners across the business to produce and collate forecasts


  • Work with budget holders and business partners to prepare forecasts for central and regional marketing


  • Responsible for managing the forecasting system loads and reconciliations


Treasury:


  • Prepare the weekly cash flow report file, explaining variances to forecast and weekly movements in inflow and outflow forecasts.


  • Analyse weekly bank balances and payment runs alongside the Head of Transactional Services to manage currency requirements.


  • Prepare the currency cash flow model, formulate quarterly hedge requirements and provide cash and liquidity analysis.


Business Partnering and Reporting:


  • Business partner with channel owners and budget holders as required


  • Produce monthly reports using a range of sources, with a focus on sales, margin and variable costs across all territories


  • Provide routine and ad-hoc reporting and analysis to the team and to business partners which includes key metrics, financial results and variance reporting


  • Own monthly Flash reporting


Cost Analysis:


  • Complete monthly overheads variance analysis; understanding movements and highlighting any risks or opportunities to the Budget/Forecast


  • Summarise and explain variances for senior leadership, enabling the right decisions to be made


  • Work with management accountants and budget owners across the business to understand and challenge their costs each month, ensuring commercial basis and accuracy


About You:

Essentials:


  • Solid understanding of accounting and financial reporting - relevant degree or part qualified


  • Strong commercial and analytical mindset


  • Proficiency in working in a fast-paced, complex, dynamic, global business environment


  • Advanced Excel skills


  • Excellent verbal and written communication skills


  • Strong academics


  • Strong organisational skills; ability to manage multiple projects in an efficient way


  • Ability to work under pressure and to tight timelines


  • Energetic, excited to learn with a growth mindset


  • Flexible approach to work, acting in the best interest of the business


Desirable:


  • Experience with Power BI and/or Power Query and/or working with data cubes


  • Experience with Microsoft Business Central


  • Experience working with cash flow and/or treasury forecasts


  • Passionate about cycling or other sports


  • Experience in a multi-territory, multi-currency retail environment


  • Commercial understanding of retail gross margin



Working at Rapha 

We are continuously looking into ways to invest in our employees and build a better working culture and environment. Here are just some of the internal benefits we offer.


  • Flexible working hours


  • Support ad-hoc remote working during the week - Minimum 3 days in office


  • Study support for ACCA or CIMA (courses and first time exams up to 4 per year)


  • Free barista coffee and Thursday afternoon social drinks in the office


  • Monthly department social events and quarterly office social away days


  • We offer a flexible riding benefit to allow you to go out riding on a Wednesday morning with colleagues or learn to cycle through our Getting Started Scheme.


  • We offer all our employees a 50% apparel discount


  • An annual clothing allowance


  • Free membership to the Rapha Cycling Club


  • Company Pension Scheme


  • Enhanced Parental Leave


Medal
Computer

Hire with Escape

Showcase your progressive organisation and post your open roles to the biggest UK community of purpose driven job seekers.

Get Started