£60000 - £65000 per annum + Car allowance plus bonus
5 months ago
Commercial Finance Controller £60,000-£65,000 plus Car allowance plus bonus. Basingstoke, Hampshire.
The Commercial Finance Controller is responsible for ensuring that business is transacted to optimise the key objectives of the UK business and specifically ROCE, Profit and risk. Reporting directly to the Commercial Finance Director, leading a team of commercial finance analysts facing off to the Commercial, Purchasing and Marketing functions.
Commercial control & income optimisation
Reporting & insight
Support the directors of the functional areas above with reports and ad-hoc analysis to enable them to make decisions on commercial income in line with profit and ROCE expectations
Identify risks to commercial income resulting from trading performance & clearly communicate these to the Commercial FDs.
Working with the marketing finance analyst to ensure appropriate revenue recognition and accurate cost accruals along with risks to budget/forecast.
Balance sheet controls
Overview of monthly balance sheet reconciliation and review process, a key control for commercial income
Drive the sales/commercial teams to follow through on claims/queries to resolve balance sheet issues
Ensure all balance sheet reconciliations and controls are clearly documented and fit for both external and internal audit
Commercial income maximisation
Hold commercial profit reviews in conjunction with the commercial FDs that span across sales channel structure
Establish and maintain a supplier rebate framework that can be used to forecast rebate performance and ultimately drive the business to maximise rebate returns
Support in challenging in the internal decision-making process around the investment of vendor support, taking into account both the return and wider commercial context.
Purchasing & working capital
Support the Commercial/Purchasing director to ensure optimal stock holding and ageing profile & vendor scorecards with assistance from a dedicated purchasing analyst.
Working closely with the Commercial FDs, support the business to improve all aspects of working capital, in particular though by improving stock holdings, reducing rebate receivable aging and improving supplier payment terms
Management of internally funded pass through process, including follow up with commercial, customers and vendors as appropriate
The successful Commercial Financial Controller will be a qualified (ACA, ACCA or CIMA) Accountant with at least 3 years PQE experience. You will have visible and credible leadership skills. Demonstrable experience of strong controls and risk identification experience. You will be resilient and comfortable managing a multi-site team. Strong attention to detail. Hard working with strong personal integrity and excellent communication and influencing skills
Salary £60,000 - £65,000 plus car allowance plus bonus Basingstoke, Hampshire.
Applications are encouraged from all candidates meeting or exceeding the minimum criteria for the role regardless of age, disability, gender, orientation, race, religion or ethnicity.