Group Financial Accountant, Rapha
3+ days a week in office (Rapha Works, London)
Cycling apparel brand
Open for applications
Cycling apparel brand
201-500 employees
Open for applications
3+ days a week in office (Rapha Works, London)
201-500 employees
Company mission
To inspire the world to live life by bike.
Role
Who you are
- The ideal candidate will have a strong foundation in accounting, an eagerness to learn, and a desire to progress within the retail industry
- Part-qualified accountant
- Solid understanding of accounting and financial reporting
- Ability to work under pressure and to tight timelines
- 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
- Energetic, excited to learn with a growth mindset
- Strong commercial and analytical mindset
- Flexible approach to work, acting in the best interest of the business
- Useful:
- Passionate about cycling or other sports
- Experience in a multi-territory, multi-currency retail environment
- Commercial understanding of retail gross margin
What the job involves
- This role offers an exciting opportunity to gain exposure to group-level financial reporting and accounting processes
- This role plays an integral role in the month end and annual audit process as well as taking a key role in partnering with both internal and external stakeholders to ensure financial compliance across the group
- Assisting role in Group Audit, maintaining close contact with group auditors and management of audit deliverables
- Manage and assist with subsidiary audits and financial statement fillings for all entities in the group across UK, USA, Europe and APAC as required
- Manage periodic VAT, Consumption Tax and Intrastat submissions
- Support FP&A cash flow forecasting for VAT and Consumption tax
- Oversee Corporation Tax exercise including producing deliverables and stakeholder and timeline management
- Support with production of global Financial Statements
- Support with compliance related projects including R&D and Capital Allowances recovery and Transfer Pricing reviews
- Manage the Docusign process for compliance procedures
- Full ownership of Intercompany balance sheet accounts, postings and reconciliations
- Management of resulting Balance Sheet risks and ops
- Prepare and review consolidation elimination journals
- Collating and posting general accruals and communicating releases with cost centre owners
- Produce monthly overheads and Balance Sheet commentary documents
Salary benchmarks
Our take
Rapha is a cycling apparel brand that aspires to create items of the highest possible quality by using advanced manufacturing techniques. Having been the clothing supplier to Team Sky between 2012-2016, as well as the women’s UCI WorldTour team CANYON//SRAM, Rapha has worked to align itself with the best names in sport. It also launched The Rapha Foundation which aims to fund NGOs that support the next generation of racers to succeed in the sport.
The company has seen a series of ups and downs as UK consumer interest in cycling rises and falls. For example, it was able to capitalise on peaks in the market generated first in the wake of the 2012 Olympics, as well as during the pandemic - though now it faces a lull as bike sales throughout 2022 fell to a two-decade low. Despite this, and despite undergoing a refinancing operation, the company remains positive, claiming that this transaction will "better position Rapha to unlock its next phase of growth” as it looks towards the future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Access to a Global Employee Assistance Programme
- A variety of resources to support your mental health and wellbeing
- Monthly social events
- Quarterly team away days
- Regular talks and events organised by our Culture Club
- Generous annual leave rising with length of service
- Enhanced parental leave options
- Enhanced pension schemes
- Healthcare
- Lessons to build confidence, inspire and support those at the beginning of their cycling journey (you don't need your own bike to take part)
- Annual testing allowance so you can put our products through their paces
- Significant staff discount
- Flexible working - we just have core hours for collaboration and time with out teams
Company values
- LOVE THE SPORT - The relationships we build mean everything
- SUFFER - Your wildest ambitions are achievable
- INSPIRE OTHERS - Lead by example
- THINK FOR YOURSELF - Work on your weaknesses, share your strengths
Company HQ
Archway, London, UK
Articles
Leadership
Simon Mottram
(Chief Executive)Previously Brand Marketing Consultant at various companies, including Interbrand, Sapient, Circus and Fourth Room.
Share this job
View 4 more jobs at Rapha