Our purpose is to create the food our nation loves most for modern life, and we’ve been doing it a long time - many of our much-loved brands have been part of UK life for more than a century.
We're one of Britain's biggest food companies and you'll find our leading brands in around 94% of British households, as well as across multiple international markets.
We're listed on the UK Stock Exchange, with annual revenues of in excess of £800m and employ around 4,000 colleagues, across 15 locations.
Our Brands include Mr Kipling, Cadbury, Bisto, Bachelors, Ambrosia, Sharwood’s, Oxo, Loyd Grossman, Homepride, Paul Hollywood and McDougall’s with some supported by our strategic partnerships with Mondelez and Nissin.
Commercial Finance Manager
To operate as an effective Business Partner to the Mults (Big 4 supermarkets)
Work hand in hand with CP&E team to influence the trade investment strategy for the channel via constant monitoring, analysing and interpreting of internal and external data, ensuring the efficiency and effectiveness of Trade Investment spend is consistently improved
Provide accurate and timely finance support to the Mults accounts to drive solid, informed and quality business decision making.
Understand the performance drivers and longer term issues of the channel and the implications of these for the wider business.
Integral part of channel team with full attendance and participation at key meetings
Management of one direct report
Provide first class financial support to the Mults Sales Director and Mults Account Directors influencing behaviours and performance through insights & visibility of key drivers
Support the creation and delivery of the Channel / Customer strategies using strong financial and commercial acumen
Ensure Business Partners understand financial priorities and provide support and coaching to improve their financial / commercial skills
Drive margin enhancement initiatives (Product / Customer mix, promo efficiency, ad-hoc projects)
Challenge JBP’s and ensure SMART conditional investment
Optimise returns on investment through analysis and ensure scenario modelling is presented clearly so decisions are easily made
Working with our Finance Shared Service Centre in Manchester and sales to actively monitor and control trade spend within relevant Customers, ensuring appropriate levels of promotional accruals are maintained, trade & pricing claims are promptly resolved & full participation on other cash improvement initiatives
Review of promotional plans with appropriate levels of interrogation and challenge
Working alongside CP&E team, provide input to trading strategies within the Channels to shape & consistently improve the efficiency, effectiveness and long term profitability of the business
Actuals, Budgeting, Forecasting & Strategic Planning
Own, develop & improve all reporting cycles embedding accuracy and data integrity throughout all processes
Review financial performance and ensure significant issues, risks and actions are clearly communicated and there are no surprises
Provide insight and in depth understanding of underlying performance, key drivers and trends
Lead challenge of Customer forecasts and in close collaboration with the Mults Sales Director and Mults Account Directors to ensure they are both robust and deliverable with clearly assigned actions to deliver the annual performance targets
Develop and monitor Customer action plans to realise opportunities and mitigate risks
Development and preparation of 3 year strategic channel & customer sales plans in partnership with the mults team
Reinforce communication of financial timetables and requirements to ensure all deadlines are achieved
Commercial Proposals & Tenders
Review and approve all commercial proposals, prior to communication to customer
Support the tender and new listing processes
Ensure financial risks / opportunities and sensitivities clearly communicated to the appropriate level within the business
Leadership & Team work
Line management of a direct report
Lead team to challenge and improve the efficiency & effectiveness of existing processes looking to make proposals for improvements for both Sales and Finance functions
Systems & Controls
Support the development, roll out and enhancement of Reporting Systems from an end user perspective identifying and driving best in class reporting and analytics using SAP, TPM, BOBJ & Invest
Ensure the existence of a strong internal control environment with robust accounting controls to deliver accurate and reliable accounting and operational information
Experience and Skills Required
Fully qualified accountant - ACMA, ACCA, ACA, CIMA
2 years PQE
Experience of FMCG or fast paced environment preferred within the Commercial sector preferred
Experience of creating & persuasively presenting strategic recommendations essential
First class analytical skills
Previous line management experience ideal