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VP of Finance (12m FTC - Maternity Cover)

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Lyst

1mo ago

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Banking & Finance
  • London
  • Quick Apply

AI generated summary

  • You need 5+ years in finance, ACA/ACCA/CIMA qualified, strong IFRS/FRS101 knowledge, stakeholder management skills, effective communication, coaching experience, and a strategic mindset.
  • You will manage financial strategy, oversee budgets and reporting, ensure compliance, drive process improvements, and lead the finance team while supporting strategic decisions and revenue growth.

Requirements

  • To be successful in this role you will need to have a rounded skill set as well as a fantastic work ethic. We're a high-performance, open and honest team, always pushing to learn and develop. We believe the right person for this role will have the below attributes.
  • Have at least 5 years of accounting and finance experience post qualification (ACA/ACCA/CIMA), demonstrating technical competence and able to decipher accounting standards for new and complex accounting topics
  • Be knowledgeable in IFRS/FRS101 and HMRC regulations (VAT, PAYE, corporation tax)
  • Be effective at stakeholder management, balancing the needs of internal and external stakeholders
  • Be an effective communicator, both verbally and in writing, able to articulate complex financial results in clear and concise updates
  • Be a hands-on finance leader with a strategic mindset and strong commercial acumen
  • Enjoy coaching and mentoring junior members of the finance team, with experience in managing a team
  • Enjoy reporting, always delivering accurate and engaging content
  • Have a strong sense of ownership and pride in their work, determined to push for impact
  • Be confident and efficient at making decisions, able to balance attention to detail with a commercial view, feeling comfortable in ambiguity and uncertainty
  • Be organised and adept at time management and prioritisation

Responsibilities

  • Financial strategy
  • Liaise with group management to ensure the successful merging of Lyst into the group
  • Ensure cash is effectively managed, monitoring future financing needs and optimising working capital
  • Oversee the bi-annual budget process, ensuring that financial progress follows the strategic plans set out by Lyst
  • Monitor performance against the strategic plans, enabling decision making and advising on the impact to future forecasts, ensuring financial accountability is embedded across the business
  • Manage business cases from stakeholders to unlock investment outside of the budget process
  • Support on hiring prioritisation decisions, ensuring financial impact is understood and headcount effectively managed
  • Financial operations & compliance
  • Ensure the successful launch of new revenue streams, balancing compliance and commercials and setting up processes to ensure the accurate capturing of revenue to cash
  • Ensure the successful integration and monitoring of a tax engine and corresponding filing and reporting requirements to manage US tax compliance
  • Be responsible for ensuring the delivery of accurate and timely monthly and quarterly reporting, to both external listed company owners and internal management
  • Ensure the successful delivery of the company's first audit under group management, complying with FRS101 following a transition during the year, a change in auditors and meeting listed parent audit timelines
  • Be ultimately responsible for all statutory and legislative compliance requirements of Lyst Ltd, as well as the relationship with external advisors
  • Be ultimately responsible for the everyday running of the core finance team; this covers the following functions: Payroll, Accounts payable, Accounts receivable, Tax and Treasury
  • Be ultimately responsible for the everyday running of the FP&A finance team; this covers the following functions: Commercial trading performance, Business partnering, Financial modelling and Planning
  • Finance leadership
  • Autonomously drive change in the finance team and across the wider business to improve processes, identify efficiencies and deliver insight
  • Be responsible for the strategic planning, creation and implementation of objectives and career development for the finance team

FAQs

What is the duration of the VP of Finance position?

The position is a 12-month fixed-term contract for maternity cover.

What is the main responsibility of the VP of Finance?

The main responsibility is to drive financial strategy, operations, and governance, while managing the FP&A and core finance teams and reporting directly to the CFO.

What experience is required for this role?

Candidates should have at least 5 years of accounting and finance experience post-qualification (ACA/ACCA/CIMA).

What financial compliance knowledge is necessary for the VP of Finance?

Knowledge in IFRS/FRS101 and HMRC regulations, including VAT, PAYE, and corporation tax, is necessary.

How does Lyst promote diversity and inclusion?

Lyst is committed to building an inclusive workplace and recognizes the value of diversity. They encourage candidates from all backgrounds to apply and emphasize fair and equal treatment.

Is there a training allowance for employees?

Yes, all employees are entitled to an annual training allowance of £1,000 for continuous learning and growth.

What benefits are offered in addition to the salary?

Benefits include a competitive family leave package, private healthcare, a clothing allowance, generous holiday time, and participation in social events.

What are the working hours for this role?

The role follows a hybrid working model, with mandatory office days on Tuesdays and Thursdays, and the option to work remotely on other days.

How will the VP of Finance interact with other departments?

The VP of Finance will partner cross-functionally to optimize decision-making across the business, ensure financial accountability, and provide commercial insight.

What kind of leadership skills are needed for this position?

The role requires effective stakeholder management, strong communication skills, a hands-on finance leadership approach, and the ability to mentor junior team members.

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Lyst

Fashion & Arts
Industry
201-500
Employees
2010
Founded Year

Mission & Purpose

Lyst is a fashion e-commerce platform that brings together thousands of fashion brands and retailers, offering users a convenient way to discover and shop for clothing, shoes, accessories, and more. Their ultimate mission is to revolutionise the online fashion shopping experience by providing a personalised and curated platform that helps users find the perfect fashion items that match their style and preferences. Lyst's purpose is to connect fashion enthusiasts with a vast array of fashion choices, making the process of discovering and purchasing fashion items enjoyable and efficient.