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Commercial Finance Manager

Commercial Finance Manager

  • Location

    Hampshire, England

  • Sector:

    Accountancy & Finance, Senior Appointments

  • Job type:

    Permanent

  • Salary:

    £55000 - £65000 per annum + £5000 car allowance and 20% bonus

  • Contact:

    Miles Gallagher

  • Contact email:

    miles.gallagher@wademacdonald.com

  • Job ref:

    26355/001_1539073835

  • Published:

    about 1 month ago

  • Expiry date:

    2018-10-28

  • Consultant:

    #

Commercial Finance Manager £ 55,000 - £65,000 plus £5,000 car allowance and 20% bonus

Wade Macdonald is currently recruiting a Commercial Finance Manager for a rapidly growing global hi-tech company based near Basingstoke.

Reporting into the Commercial Finance Director (Consumer), the Commercial Finance Manager role will be partnering directly with the Sales/Commercial leads and their teams to assist them in driving profitability and Return on Capital employed by providing high quality financial analysis, forecasting and budgeting support, and appropriate challenge and balanced decision-making support. The Sales and Commercial teams that this role will be supporting deal with many of the well-known brands and retailers, delivering a diverse range of products and services in a highly competitive industry.

  • Develop a thorough understanding of the P&L and the drivers of profitability through presentation of the sales and commercial contribution statements.

  • Responsible for the reconciliation and onward reporting of vendor balance sheet accounts, including regular reviews with vendors and internal commercial teams.

  • Provide support to the sales teams in negotiation and tracking of performance of customer tenders and any associated customer rebate agreements.

  • Evolve and update our vendor and customer profitability analysis to highlight changes in profitability over time and enable improvements in commercial terms.

  • Key contact for the business area in three-year, annual and quarterly planning cycles. Ensuring that the business is familiar with forecast and year on year variances and work with them to maximise opportunities and mitigate risk.

  • Perform calculation and review of sales and commercial bonuses.

  • Drive continual improvement in the Finance function and out in the business.

  • Provide ad-hoc support to the sales/commercial business leads as required.

  • Ensure decision making is based on rounded considerations including costs, working capital, future ramifications and external response.

  • Support the full evaluation of organic and acquisitive opportunities.

  • Ensure that the business has a clear analysis of its competitors.

  • Support the integration of acquired businesses.

  • Provide direct support to senior Commercial and Sales leads in pursuit of their objectives.

  • Provide balanced council when functional objectives clash.

The successful Commercial Finance Manager will be a qualified accountant with at least 3 years post qualified experience. You will have a proven track record in financial analysis and interpretation skills. High level of attention to detail. Excellent Excel skills and good systems experience (SAP experience would be beneficial but not essential). Experience in a FMCG, Retail or Distribution environment is desirable.

Commercial Finance Manager £ 55,000 - £65,000 plus £5,000 car allowance and 20% bonus

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.