Overview
Finance Manager Jobs in London Area, United Kingdom at Mira Mikati
Title: Finance Manager
Company: Mira Mikati
Location: London Area, United Kingdom
Job Title: Finance Manager (4 days a week)
Location: West London
The Brand
Happy, colourful, and vibrant are the words that best capture designer Mira Mikati and her collections. Her kaleidoscopic ready-to-wear, accessories, and collaborative capsules offer mood-boosting creations the world needs.
Carefree yet cool, Mikati's designs blend creativity with candid femininity, inspired by collaborations with visionaries like KAWS and Javier Calleja, global travels, and a resistance to convention. Her uplifting spirit reflects her positive outlook on life. Join us as we celebrate a decade of color, creativity, and craftsmanship.
The Role
We are seeking an experienced Finance Manager to join our London team and oversee the financial operations of our growing fashion brand. This role will be responsible for day-to-day financial operations, payroll processing, bank reconciliations, budget management, tracking expenses, preparing financial statements, and ensuring compliance with regulatory requirements. Other responsibilities include financial forecasting, analysing financial data for strategic decision-making, and liaising with external stakeholders such as auditors and tax advisors. The role would suit someone who can take full ownership of financial processes, implement best practices, and provide clear financial insights to support business decisions.
The ideal candidate will have experience in the fashion or retail sector, strong analytical skills, and the ability to work collaboratively across departments.
Key Responsibilities
- Oversee and manage financial reporting, including profit & loss, balance sheets, cash flow statements, and regular management information.
- Support the external Financial Accountants with the monthly close process, including expenses, petty cash journals, and preparation for year-end.
- Ensure that appropriate journals are posted to capture all relevant costs in the financial statements and perform monthly reconciliations across all balance sheet accounts.
- Prepare and maintain weekly cash flow forecasts and projections, ensuring clear visibility of current position, upcoming priorities, and funding requirements.
- Lead decision-making and implement changes related to cash flow and VAT.
- Keep the monthly budget updated, track performance against budget, and carry out analytical reviews of operating results, liaising with budget holders to understand variances.
- Manage and report on capital expenditure across all business units.
- Raise proformas and invoices for wholesale clients accurately and in a timely manner.
- Monitor and manage accounts payable and accounts receivable, including tracking incoming payments, following up on deposits, chasing overdue accounts, and maintaining the debt ledger.
- Process supplier invoices accurately, maintain payment schedules, and negotiate payment terms or supplier contracts where opportunities arise to secure improved commercial terms.
- Meet with internal teams on a weekly basis to agree payment priorities based on business needs and cash flow requirements.
- Reconcile revenue across both UK and EU warehouses to ensure completeness and accuracy of reporting.
- Work closely with the Production and Logistics teams to ensure the best financial plan is in place for each season, including the timing of payments, management of deposits, and early identification of financial risks.
- Liaise with external accountants to support the preparation, review, and completion of financial accounts and all year-end requirements.
- Run monthly payroll accurately and on time.
- Manage relationships with external funding providers, including drawdowns, repayments, and ongoing account administration.
- Handle annual insurance renewals and ensure appropriate cover is maintained across the business.
- Lead all necessary preparations for the End of Year close and organise and support quarterly and annual stock counts across warehouses and store locations.
- Establish and implement Finance KPIs to measure and drive key business performance, as needed.
- Collaborate with other financial consultants and department heads during periods of growth.
- Actively participate in cost reduction initiatives and improve efficiencies.
- Provide day-to-day operational and finance support to the store team and oversee office ordering and general supplies to support the smooth running of the business.
- Ensure compliance with data protection legislation, handling and storing financial data securely.
Qualifications & Experience
- Minimum 4+ years of experience in financial management, preferably in the fashion, retail, creative or manufacturing sectors.
- Professional certifications (e.g., CPA, ACA, ACCA, CIMA) are preferred.
- Strong understanding of financial regulations, compliance, UK legislation, HMRC policies, and relevant financial procedures.
- Proficiency in accounting software (Xero or similar) and Microsoft Excel.
- Experience with Zedonk software is a strong plus.
- Strong analytical skills with the ability to interpret complex financial data.
- Excellent communication skills and ability to work collaboratively across departments.
- Experience working with external accountants and financial auditors.
- Strong organisational, problem-solving and time management skills.
- Applicants must have the right to work in the UK. Please note that visa sponsorship is not available for this role.
If you're ready to be part of a dynamic and growing fashion brand, where you have direct impact on financial strategy and business success, we'd love to hear from you.
Note to recruiters
Please note that we are managing this recruitment directly and not accepting applications from agencies.