Musgrave is one of Europe's most successful family-owned businesses with a 140-year heritage in food and brand innovation, supporting communities across the island of Ireland and Spain.
Every day we feed one in three people in Ireland through 18 market leading food and beverage brands that include Super Valu, Centra, Frank and Honest and Musgrave Market Place.
We support thousands of retail and foodservice family businesses who live and work in the heart of the communities they serve.
We are committed to becoming the most trusted and sustainable business in Ireland and we are making changes across the company to make sure that happens.
We want to make a positive impact on the world and we will support our suppliers and customers to make a difference too.
Retail Accountant Job Description
The Retail Accountant role at Musgrave Northern Ireland is responsible for maximising 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
Key Responsibilities
Financial Projections and Modelling of Business Proposals
To 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 i.e. Company owned and operated, head lease, franchise and grants
Risk Management & Legal Process
Support the sales and business development teams with any legal aspects of business proposals, i.e. licence agreements, facility letters, leases, franchises
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
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
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
Support the sales team to improve the profitability of Musgrave NI and the retailer
Collation, Analysis and Benchmarking of Retailer Accounts
Collect and analyse accounts from retailers in a timely manner with a particular focus on franchise and debt risk stores
Work closely with the sales team to understand the profitability of stores to Musgrave NI and highlight any potential debt risks
Analyse accounts by store type in standard Musgrave format
Benchmark accounts and identify best practice
Support for Company Owned and Operated and Franchise Stores Accounting
Support the financial evaluation of investment in Company owned and operated stores
Manage the acquisition process of stores into the own stores portfolio and any franchises or disposals to independent retailers, including managing the legal and commercial due diligence process
Input into the quarterly review of franchise stores to assess the profitability to Musgrave NI
Evaluation of capex proposals for franchise stores, including upgrade work to ensure Musgrave NIs profitability is maximised
Provision of other support to the Finance Team as required on an ad-hoc basis, including forecasting