Commercial Finance Manager - Retail Group - Bury St. Edmunds Hybrid - Up to £38k
Business Partnering:
Work closely with commercial teams sales, marketing, etc. to provide financial insights and support.Assist in pricing strategy, contract negotiations, and assessing profitability of products/services.Provide advice on cost management and efficiency improvements.
Performance Management:
Monitor KPIs related to revenue, working capital, margins, and profitability.Identify and analyse trends, risks, and opportunities within the business.Support the development and implementation of performance improvement initiatives.
Reporting:
Prepare and present financial reports to senior management, highlighting key insights and recommendations.Ensure accurate and timely financial reporting for commercial activities.Support external reporting requirements related to commercial finance.
Strategic Support:
Play a key role in strategic planning, including market analysis and scenario planning.Support mergers, acquisitions, and other strategic initiatives by providing financial analysis and due diligence.
Risk Management:
Identify and mitigate financial risks associated with commercial activities.Ensure compliance with financial regulations and corporate policies.Statutory Reporting:
Produce monthly accounts and assist with the Audit.Own payment processes and collection processes. Looking for efficiency at all points.Own collection processes and payment collection processes and look to develop these into central tasks.
The successful candidate:Financial Acumen: Strong understanding of financial principles, accounting, and commercial finance.Analytical Skills: Ability to analyze complex data, identify trends, and make informed decisions.Business Insight: Understanding of the business environment and commercial operations.Communication: Excellent communication and presentation skills, with the ability to explain financial concepts to non-financial stakeholders.Problem-Solving: Ability to think strategically and solve problems in a dynamic business environment.Leadership: Experience leading a team and influencing senior stakeholders.Studying towards a recognized financial qualification.Fundamental understanding of accounting systems is essential.