About Musgrave
Musgrave is one of Europe's most successful family-owned businesses, with a 140-year heritage in food and brand innovation. We support communities across the island of Ireland and Spain.
Our Impact
We feed one in three people in Ireland through 18 market leading food and beverage brands, including Super Valu, Centra, Frank and Honest, and Musgrave Market Place.
Our Commitment
We're committed to becoming the most trusted and sustainable business in Ireland. We're making changes across the company to achieve this goal.
Joining Our Team
We want to make a positive impact on the world and support our suppliers and customers to make a difference too.
Job Description: Retail Accountant
Role Purpose
To maximise the profitability of Musgrave NI by providing professional service and advice through:
* Delivery of financial guidance and business advice
* Evaluation and assessment of Musgrave investment in retail stores
* Management of relationships with solicitors and professional advisors
* Implementation and further design of financial risk management procedures
* Collation, analysis and benchmarking of accounts
Area of Responsibility: Financial Projections and Modelling of Business Proposals
The primary focus of the role will be to work closely with colleagues and customers on areas of Musgrave NI financial risk, and managing/mitigating those risks.
Key Activities
* Complete appropriate financial assessments of new and existing stores
* Prepare financial projections at both wholesale and retail level
* Assist the sales and business development teams on acquisitions, churns and disposals, including providing and/or reviewing due diligence information
* Evaluate business proposals and assess the implications of various structures (e.g. company owned and operated, head lease, franchise and grants)
* Prepare Group credit committee requests for approval, which includes extensive financial analysis
Area of Responsibility: Risk Management & Legal Process
Support the sales and business development teams with any legal aspects of business proposals, including licence agreements, facility letters, leases, franchises.
Key Activities
* Manage the legal processes around the acquisition and disposal of stores, including a full due diligence process on the commercial aspects of the transaction
* Ensure adequate security is in place for all stores within portfolio
* Proactive support of the Credit Control Manager and Sales team in the area of problem accounts/high risk accounts and assessing adherence to facilities conditions
* Work with professional advisers regarding high risk accounts to assess proposals and mitigate the risk to Musgrave NI
Area of Responsibility: Provision of Business Advice and Support to Relevant Stakeholders on an Adhoc Basis
Act as a business partner to the sales and business development team on retailer proposals.
Key Activities
* Provide financial advice and analysis to the sales team on new customers wishing to join the group or existing customers
* Provide financial planning models to assist decision making
* Negotiate and liaise with third party service providers on behalf of our retailers (e.g. banks, card services)
Area of Responsibility: Collation, Analysis and Benchmarking of Retailer Accounts
Collections and analyse accounts from retailers in a timely manner, with a particular focus on franchise and debt risk stores.
Key Activities
* Analyse accounts by store type in standard Musgrave format
* Benchmark accounts and identify best practice
* Prepare an annual retailer profitability report for Super Valu and Centra retailers
Essential Qualifications
Accountancy qualification to ACA, CIMA or ACCA standard.
Essential Knowledge & Experience
At least 1 year's post-qualification experience, including:
* Accounts preparation
* Previous experience of building relationships with both internal and external customers
* Financial Planning and Forecasting