Rapha creates the finest cycling clothing and accessories in the world. Designed without compromise for the most discerning rider, Rapha products blend optimum performance, the finest fabrics and modern style. At Rapha, it’s our purpose to inspire the world to live by bike. But why? What does riding bring to our lives? It’s different for everyone but all of us at Rapha believe that life is better by bike. All of us believe that it’s never just a ride and it’s never just a job!

The Management Accountant plays an integral role in the month end process including cost centre partnering, accrual postings and balance sheet reconciliations, ultimately ensuring that accurate and timely financial information can be reported to the Board and key business stakeholders.

The Finance function operates at the heart of Rapha as a multi-functional, business facing department. Rapha is dynamic and we are looking for an individual who is happy to get into the detail to support the business and continue our growth as a world class omni-channel retailer.

THE ROLE

Month-End Ownership

• Full ownership of P&Ls and Balance Sheets for entities across UK, Europe and APAC as required
• Collating and posting general accruals and communicating releases with cost centre owners
• Calculation of royalties and commissions due to Rapha sponsored teams / athletes and brand collaborations
• Monthly loan interest and management fee postings
• Collation of PAYE and BIK accruals
• Monthly assessment of exceptional costs (below EBITDA) before delivering to management to review
• Help preparing month-end board reporting

Cost Centre Partnering

Produce annual Budgets and Forecasts, prepare monthly spend reports and deliver to Budget Owners identifying performance in month and key variances to Budget and last year. Summarised commentary for inclusion in month end packs and maintenance of rolling Forecast views for the following departments; Digital Experience, Technology, People & Culture, Product Design, Atelier and Hard Goods, Executive and Admin / Occupancy charges for all regions.

Balance Sheet

Postings, releases, general maintenance, monthly reconciliations, commentary and review of risks and opportunities for:

• Accruals accounts
• Deferred and accrued revenue accounts including voucher and event sales
• Accrued interest balances
• Sundry debtors

Compliance

Assist with queries for the above balances during our annual audit. Assist Group Financial Accountant with global financial compliance tasks during the year.

THE CANDIDATE

The ideal candidate will have the following skills and qualities: 

• Part-qualified to newly qualified accountant (CIMA, ACCA, ACA)
• Strong technical ability with experience working through P&L postings during month-end
• Good knowledge of a range of Balance Sheet accounts
• Strong communication & presentation skills, demonstrating ability to present information to a range of audiences in a compelling manner
• Experience working in a fast paced environment managing multiple time-sensitive deadlines

WORKING AT RAPHA

We are continuously looking into ways to invest in our employees and build a better working culture and environment. Here are some of the internal benefits we offer. 

• Flexible working hours 
• Support ad-hoc remote working during the week 
• No meeting Fridays - giving you time back for things like personal development
• Free barista coffee and Friday afternoon social drinks in the office
• Monthly department social events and quarterly office social away days
• We offer a flexible riding benefit to allow you to go out riding on a Wednesday morning with colleagues or learn to cycle through our Getting Started Scheme
• 50% apparel discount
• Annual clothing allowance 
• F membership to the Rapha Cycling Club 
• Company Pension Scheme
• Enhanced Parental Leave 
• Study support