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Finance Intern (12 month contract) at ASOS
London, United Kingdom


Job Descrption

Company Description

We're ASOS. We blend our flair for fashion with our love of cutting-edge technology, but more importantly were interested in how we can bring the best out of you. 

We exist to give people the confidence to be whoever they want to be, and that goes for our people too. At ASOS, you're free to be your true self without judgment, and channel your creativity into a platform used by millions.  

Through our Fashion with Integrity strategy we are driving diversity, equity and inclusion across every aspect of ASOS and ensuring every ASOSer can be their authentic self at work.  We want our people to be whoever they want to be, because we believe people who bring their best selves to work, do their best work.   

Job Description

Start date: Mid July 2024

Assessment centre and interview to be onsite at our ASOS HQ in Camden, London. Date TBC but candidates can expect for this to be towards the end of April/Beginning of May.

Hybrid working: 2 - 3 days minimum expectation to be in the office

Here at ASOS, working in Finance means working collaboratively with the business to deliver our mission. Simply put, the role of ASOS Finance is to build and protect business value. As a team, we enable ASOS to be its best self by: 

  • Driving long-term growth, profitability, and free cash flow  
  • Implementing brilliant processes and controls, levering lean, automation and data science 
  • Ensuring ASOS delivers its shorter-term goals 
  • Building a leading team and defining new ways of doing finance 

We have an exciting opportunity for two Finance Interns to join our Commercial Finance teams to help ASOS deliver on its Financial and Commercial objectives!

The Commercial Finance team are responsible for short and long term forecasting of all KPIs, and providing insight and analysis to support or challenge business strategies. The team provides the business with detailed analysis on sales, costs, profitability and behavioural trends and is a vital support function to all departments across ASOS.

Within Commercial Finance we also have a dedicated Supply Chain Finance team who work with the Logistics Leadership team to optimise our logistics and delivery networks, ensuring we have a cost-effective and high performing service to our customers across every global region.

On a 12 month fixed term contract, you can expect to work closely with our Product and and Supply Chain stakeholders  You will build a broad understanding of the role finance plays in a modern business environment and gain the key skills and experiences you will need to pursue a future career in Finance or related fields. 

Things that you will be involved in:

  • Extracting & interpreting data to measure the success of the business
  • Work on consolidating data inputs and reporting to support re-forecasts and building new budgets.
  • Playing a key part in planning & delivering monthly actuals and reforecasting; including setting up monthly meetings, posting accruals and prepayments, analysing variances between actuals and forecasts & maintaining all forecast & cost schedules
  • Learn about other areas of Finance and gain a basic understanding of specific areas of the Income Statement and Balance Sheet, such as CapEx and Cash.
  • Supporting the Finance team on current initiatives
  • Producing weekly and monthly reporting in a timely and accurate manner and updating the Finance Manager on key highlights and trends
  • You will learn to use our integrated Finance systems and reporting tools (such as Power BI and Alteryx), and use these in practice to make informed data-driven decisions and improve processes where possible.
  • Understanding of margin, intake, and stock from a commercial finance perspective.
  • Working closely with the business to forecast and track accurately.
  • Liaising with other Finance teams, to ensure a collaborative approach towards business planning and forecasting.
  • Any other ad hoc analysis
  • Supporting our culture by championing Diversity, Equity & Inclusion strategies

Qualifications

Who are we looking for?

We love people who are as passionate about our journey as we are, who have initiative and who embrace change. If this sounds like you, we'd like to hear from you and your experience for this role!

  • A University student looking to fill their placement year in industry
  • A strong interest in Finance and appetite to learn more
  • Enjoys working in a fast pace, reactive environment.
  • A proven ability to plan and prioritise own workload to meet tight deadlines.
  • Basic skills in Excel preferred, but not essential
  • A high standard of accuracy with financial and statistical data.
  • An ability to determine insightful observations in detail for management attention.
  • Commercial awareness.
  • An ability to work independently and to take initiative
  • Good communication, interpersonal and influencing skills.
  • Driven and proactive attitude

Additional Information

What’s in it for you?

  • Paid internship 
  • Employee discount (hello ASOS discount!)
  • ASOS Develops (personal development opportunities across the business)
  • Access to weekly employee sample sales
  • Access to a huge range of LinkedIn learning materials
  • 25 days paid annual leave + an extra celebration day
  • Discretionary performance related bonus scheme
  • Private medical care scheme
  • Flexible benefits allowance - which you can choose to take as extra cash, or use towards other benefits
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