Financial Accountant, London HQ
About this role
JOB TITLE Financial Accountant
ROLE TYPE Full Time
DEPARTMENT Finance
REPORTING TO Head of Finance Operations and Treasury
LOCATION Fitzrovia, London
SALARY Competitive
COMPANY PROFILE
Orlebar Brown (Chanel group) launched in March 2007 as a more tailored approach to men’s beach and swim shorts. Based on the traditional pattern of a tailored pair of trousers for men, and with their distinctive side fasteners, they are not just a swim short; they are the original and best shorts you can swim in.
In 2010 we took Orlebar Brown off the beach, out of the pool and into the resort with a range of tees, polos and shirts, and have since then developed the product into a full lifestyle offer including shorts, trousers, sweats, outerwear, knitwear, footwear and accessories.
The brand has rapidly gained global recognition and is sold through multiple channels. Web is the largest channel, delivering to customers globally through www.orlebarbrown.com. The first Orlebar Brown store opened in London in 2011, and there are now five stores in the UK, twelve stores in the US, eight stores in Spain, 5 stores in France and four stores in Australia alongside stores managed by affiliate in France, Dubai, Greece, St Barth, Dominic Republica, Mexico, Italy and Thailand. The brand is sold in the world’s best Menswear retailers including Selfridges, Harrods, Mr Porter, Le Bon Marche and Holt Renfrew amongst others, as well as through key trend and regional independent menswear stores.
In 2018 Orlebar Brown was acquired by Chanel, with a plan to continue the brand’s growth and development internationally and across channels.
We are looking for another strong team player to join us on our journey in establishing Orlebar Brown as the luxury choice lifestyle brand for holiday clothes to wear every day.
THE POSITION
Working in a team of 8 people, reporting to the Head of Financial Accounting, you will have shared responsibilities across Accounts Receivable (AR) and Accounts Payable (AP) duties including processing purchases, expenses, inventory, and overheads invoices as well as billing, sending bill reminders to customers, and reconciling supplier and customers statements.
You will also assist with general ledger duties and bank reconciliations, and balance sheet reconciliations where applicable, and as well as contribution to finance team projects such as process automation, process improvement and sustainability initiatives and reporting.
GENERAL RESPONSIBILITIES
You will be responsible for:
- Process accounts and incoming payments in compliance with financial policies and procedures.
- Perform day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data.
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted, as well as other balance sheet reconciliations where applicable.
- Investigate discrepancies, verify the correct account position and resolve any clients’ billing matters or issues.
- Facilitate payment of invoices due by sending bill reminders and contacting clients.
- Generate financial statements and reports detailing accounts receivable status and understand the month of month position,
- Monitoring daily the shared Accounts receivable (AR) mailing accounts.
- Support the Assistant Financial Accountant in optimizing its financial transactions, processes, and systems.
- Comply with national and local financial regulations.
- Review invoices for appropriate documentation and authorisations, prior to payment.
- Establish and maintain a strong relationship with all commercial and operational teams across OB to help facilitate smooth and compliant AP and AR operations for each area of the business.
- Perform invoice and general-ledger data entry, journalling if required.
- Process accounts and incoming payments in compliance with financial policies and procedures
- Perform day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data
- Support and assist the Assistant Financial Accountant with ad hoc finance duties and analysis.
- Contribute to finance team projects such as process automation, process improvement and sustainability initiatives and reporting.
EXPERIENCE/SKILLS REQUIRED:
- Previous accounts experience is essential for this position.
- Previous experience of working with a financial system / ERP is essential (NetSuite knowledge is advantageous)
- Experience in a consumer-facing company is advantageous.
- Excellent attention to detail
- Good knowledge of MS Excel
CANDIDATE PROFILE:
- A team player, willing to get involved and collaborate with other areas of the business to get the job done.
- Excellent communication skills, ability to establish and develop rapport with all areas of the business.
- Self-motivated, uses initiative and problem solver.
- Willingness to go beyond the call of duty to get the job done.
- Strong communicator internal / external.
- Enthusiastic and dedicated, passion for seeking opportunities and self-development.
- Ability to question the “why” of doing things.
WHAT WE OFFER
Being part of a diverse working environment of people who we learn from every day
The chance to train and develop your skills in a fast-working environment
Competitive benefits package:
Physical wellbeing: Private medical insurance covering pre-existing medical conditions and the ability to add family members, an online GP app with 24/7 appointments, available within 24 hours, and cycle scheme participation for tax-exempt bike and/or accessories purchase.
Financial wellbeing: Company pension scheme.
Lifestyle: Orlebar Brown and CHANEL product discounts and employee-only sales.
Employee Recognition: Service award incentives, 1-week office closure in August to practice what we preach (paid leave and separate from 25 days annual leave plus UK public holidays).
It’s never just a job at Orlebar Brown. It’s a way of life. We live and breathe our brand values – Tailored, Vibrant and Brave. Our team define who we are and how we get the job done.
At Orlebar Brown, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to Orlebar Brown.
Direct applications only. Recruitment agencies – thanks for reading – but we’ve got this one covered!
Company at a glance
The idea for Orlebar Brown came on holiday. Adam Brown was at a friend’s birthday party in Rajasthan in 2005. When it was time for lunch, he arrived at the restaurant wearing wet swimming trunks. Not looking smart enough, he was turned away. And in that moment the idea for O.B was born – what he needed was not a better swim short - but a short that you can swim in.
OB launched in 2007 with one style in 4 lengths and 5 colours.
OB Classic swim shorts are still our best-selling product – a swim short based on the pattern of a traditional man’s suit trouser. They have a perfect fit and are instantly recognisable thanks to their signature side-fasteners. With over sixty elements in each pair, OB Classic swim shorts are made from 100% recycled plastic and we are so confident in their quality that they are guaranteed for 5 years.
In 2007 Orlebar Brown only made swim shorts.
In 2010 we moved out of the pool, off the beach and into the resort in with our first polos and t-shirts.
We have since expanded into shirts, trousers, jackets, shorts, knitwear, footwear and outerwear – everything you could possibly need to Holiday Better.
96% our products are made in Europe and they feature premium fabrics including cashmere, merino, cotton silk, linen and silk. They featured thoughtful tailored touches, classic colours and rich prints. And all of them are vibrant, tailored and brave.
Since 2018 Orlebar Brown has been part of Chanel. We are a global brand with more than 40 direct stores, and over 250 additional locations in great cities and gorgeous resorts around the world including London, Paris, New York, Miami, Los Angeles, Sydney, Dubai, St. Tropez, Marbella, Ibiza, Mykonos, St. Barths and East Hampton.
Top Benefits
- Private Medical Insurance
- Online GP App
- Cycle Scheme
- Company Pension Scheme
- Orlebar Brown and Chanel Product Discounts
- Employee-only Sales
- Service Award Incentives
- Paid Office Closure in August
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