The posting
About THG
We are THG, a global ecommerce group on a mission to be the global online leader in beauty and sports nutrition.
Our portfolio of leading retailers and brands such as LOOKFANTASTIC, Myprotein, ESPA, Perricone MD, and Cult Beauty form our two core businesses: THG Beauty and THG Nutrition.
From Manchester to New York, we’re powered by a team of over 2500 people who work together, lead by example, and think BIG.
With us, you’ll go further, faster. What are you waiting for?
Location: Icon 1, WA15 0AF
About the Division - THG Beauty Brands
With an industry recognised portfolio of market leading beauty brands, we are accelerating our momentum to become the number one Health and Beauty retailer globally. With brands across skincare & Hair; ESPA, Biossance, Perricone MD, Ameliorate & Christophe Robin, we have people and their ambition, passion and unremitting determination at the heart of what we do - whether we are innovating our packaging, building disruptive ecommerce capabilities or creating a powerful brand campaign.
About Finance at THG
THG’s Finance department is a rapidly growing and evolving team, covering all areas of central functions such as Accounts Receivable and Payable, Treasury, Tax and Group Finance, to specific Commercial teams for each of THG’s divisions.
With the company’s global presence increasing at an unprecedented rate, the Finance team continues to drive change while remaining agile; keeping pace with the business while never compromising on financial control or sales performance.
THG Finance is helping to deliver rapid growth for THG’s fast-moving, global brands. It’s an incredibly exciting time to be joining the team.
About the Role
The Head of Finance for Beauty Brands is a high-impact finance leadership role, owning the financial performance of our Beauty Brands portfolio. You’ll partner closely with brand leadership to drive growth, profitability and cash performance, providing the insight and challenge behind key commercial and strategic decisions.
As the Head of Finance for Beauty Brands you will:
- Own and lead the financial performance of the Beauty Brands portfolio, including P&L, balance sheet, cash flow and working capital.
- Act as a strategic finance partner to the Brands leadership team, providing clear insight, challenge and recommendations.
- Lead budgeting, forecasting and long-range planning, ensuring plans are commercially robust and aligned to business strategy.
- Drive understanding of key performance drivers including revenue, gross margin, price, volume, mix, channel, product and operating costs.
- Lead monthly financial reporting and performance reviews, providing clear analysis of actuals versus budget, forecast and prior year.
- Partner with Commercial, Marketing, Supply Chain and Operations to improve profitability, inventory and cash generation.
- Provide financial modelling and business cases to support new product launches, investment decisions, market expansion and strategic initiatives.
- Ensure strong financial controls, balance sheet integrity and appropriate accounting across the brands.
- Identify financial risks and opportunities and work with stakeholders to deliver appropriate actions.
- Lead, develop and coach the Brands Finance team, building a high-performing and commercially focused function.
- Drive continuous improvement across finance processes, systems, reporting and data.
What skills and experience do I need for this role?
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Significant experience in a senior commercial finance or business partnering role.
- Experience within beauty, FMCG, consumer, retail or another branded environment preferred.
- Strong P&L, forecasting, financial modelling and commercial analysis experience.
- Strong understanding of gross margin, inventory and working capital.
- Proven ability to influence and challenge senior stakeholders.
- Excellent analytical, communication and leadership skills.
- Commercially minded, proactive and comfortable operating in a fast-paced environment.
What's in it for me?
Career Development
- Access bespoke development programmes that have been designed and developed by our in-house L&D team.
- Continued development through our upskilling programme that is delivered in partnership with an industry-leading training provider.
Enhanced Leave
- 25 days annual leave plus bank holidays.
- Don’t want to work on your birthday? We don’t either! Enjoy your day off on us!
- Enhanced maternity and paternity pay, depending on length of service.
- Up to 10 days compassionate leave.
- Buy back up to 3 days each year.
- Unlock 2 days volunteer leave after 12-months.
Wellbeing Support
- Access face-to-face and virtual appointments with our in-house GP.
- Access our 247 Employee Assistance Programme (EAP) which is provided by Bupa.
- State-of-the-art on-site gym.
- Access to our on-site physio.
Other Perks
- Save up to 12% on the cost of personal tech through our salary sacrifice scheme.
- Subsidised bus pass from Manchester City Centre to our ICON office.
- Up to 50% staff discount on THG brands.
- On-site staff shop.
- Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation.
- Anniversary gifts when you hit 5 and 10 years of service.
THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability.
THG is committed to creating a diverse & inclusive environment and hence welcomes applications from all sections of the community.
Because of the high volumes of applications our opportunities attract, it sometimes takes us time to review and consider them all. We endeavour to respond to every application we receive within 14 days. If you haven't heard from us within that time frame or should you have any specific questions about this or other applications for positions at THG please contact one of our Talent team to discuss further.
