With our game-changing off-price business model, Finance has a crucial role to play in everything we do. Through financial strength and flexibility we’re able to run our business day-to-day, adapt to the market, act with agility on new opportunities and – ultimately – grow. Which is why our Finance European Graduate Programme or Placement Programme will make you intrinsic to the success of the business right from the start of your career.
Our finance division is made up of three core pillars:
Commercial Finance and Business Planning & Analysis (BP&A) – Commercial Finance is a strategic business partner with Retail, Distribution, E-Commerce and all Head Office functions. As we continue to expand across Europe, they support and challenge the business, helping us make the informed decisions that maximise return on investment and deliver against our financial and operational targets. BP&A, meanwhile, is highly strategic, preparing the European long-range plans and budgets, and updating financial forecasts throughout the year. Additionally, it looks at information from our business (and our competitors) to analyse results and see, for example, how a particular in-store merchandising trial is performing.
Financial Control. We have 3 teams in financial control. The Analysis team partner with Buying & Merchandising, and provide analysis and insight into how we manage liquidity (so we can capture exciting deals), identify opportunities and manage risks. The Reporting team focuses on long-range budgeting, short-term forecasting and weekly reporting on gross margin and inventory flow, as well as reporting key financial metrics to the European and Global business. Finally, the Inventory Control team partner with various functions across the business and are responsible for ensuring the financial integrity in our stock ledger and that our supply chain operations are not compromised.
Financial Accounting is the home of the fundamentals of finance. It provides accurate and timely financial information to a variety of stakeholders including our Boston-based Corporate Accounting team (we’re NYSE listed so the reporting we provide supports our SEC filings and earnings announcements), local regulatory organisations in all of the countries in which we trade and – critically – managers who run the business.