We rise to challenges together
Bakery Commercial Finance Manager
Location: Newark ideally but can be based from any of the Bakery sites (Devizes, Highbridge, Crewe, Nantwich, Barton, Holbeach, Harrow) Hybrid 3 days in the office 2 from home
Business Area: Finance
Contract Type: Permanent
Working Hours: Monday to Friday – 8:30am to 5:00pm
Salary: GBP60,000 to GBP70,000
Plus GBP8,400 Car Allowance, Pension, Family Healthcare and Bonus up to 20%
Why join us?
We're ready for anything. We thrive on challenge and change. The undeniable pressure and pace of our 24/7 operation keeps us on our toes and offers a variety of career pathways and options to explore and pursue. We encourage everyone to work hard, push further and show resilience. And it's exciting. Because only by mentoring and role modelling our success and innovation, will we continue to diversify, grow as individuals and succeed together.
About the role
In this busy and exciting role, you will lead the Commercial Finance Business Partnering relationship across our Pizza and Bread sector (GBP400m MSV – acting as the key conduit between all senior stakeholders across the matrix.
Providing financial conscience for all major commercial decisions within the sector and ensuring all relevant analysis is readily available to inform decisions on a timely basis, will be top of your agenda.
Role Accountabilities
Customer Champion
* Play a lead role supporting the Heads of Commercial and Commercial Controllers with any relevant customer finance interaction
* Contribute to the development of the Customer business strategy
* To build strong relationships with the Commercial team and act as their financial conscience and business partner
Commercial Forecasting
* Lead the commercial forecast review process for the Pizza & Bread sector
* Ensure clear, relevant bridges and sensitivities exist which clearly tell the story
* Underpin the forecast with robust commercial scorecards in place
* Ensure that all stakeholders understand the key forecast drivers and ensure forecast accuracy is constantly challenged
Commercial Appraisals & Decision Making
* Ensure that all Pizza & Bread sector commercial decisions are appraised on a timely basis, using consistent models and analysis where appropriate
* Work within the control framework agreed by all key stakeholders
* Ensure that feedback and evaluation of these decisions becomes the norm so that the Business can learn moving forward
Commercial Control & Compliance
* Ensure a clear, standardised framework of control is in place (with RACI's where necessary) to ensure that all commercial decision making is compliant with UK finance policy
* Ensure that all models, outputs have the same look and feel across the UK so that business partners see clear and consistent approach to decision making
Commercial Reporting
* Ensure that there is clear, accurate and timely commercial reporting in place; into site (commercial BRM); into Commercial (Forums); into the Group (commentary, EBITDA recs)
* Provide clarity and insight into the commercial story coming through the EBITDA Rec
* Working with the Commercial Finance Insights team, ensure the robustness of information sent out centrally
Margin Analysis
* Ensure a robust process in place for understanding actual margin
* Understand the key changes to margin dynamics
* Ensure communication of actual margin position across the sector
* Ensure plans in place to drive margin position forward.
Commercial Margin Improvement
* Work with the customer and sector teams to ensure that a pipeline of sales & margin improvement initiatives are in place for all retailers
* Ensure that the sector is using robust actual margin analysis to identify and create challenging category improvement plans
* Where necessary ensure corrective action plans are in place to bridge any gaps against expected delivery
About you
Skills & Experience:
Ideally, you will have Commercial Finance experience with a strong grasp of core commercial principles, controls and a clear vision of what good looks like.
Sound commercial acumen with a firm understanding of dynamics impacting the market, will be key – as will evidenced examples of tender processes, driving margin improvement plans and influencing commercial decision making.
You will be a clear and articulate communicator with excellent leadership skills and the ability to influence – using a variety of techniques that will affect positive change.
As a strong relationship builder with the ability to influence decision making among senior stakeholders within a matrixed environment, you will have excellent presentation skills and competence at presenting complex information from multiple sources clearly and with meaning.
Comprehensive MS Office skills, a Professional Accounting Qualification (e.g., ACA, ACCA, CIMA) 2–3 Year+ PQE, the ability to achieve results in a dynamic, consistently changing and demanding environment, and a high level of analytical capabilities & understanding longer term trends in the market – will also be key.
If you are a solution focused achiever with excellent customer service and collaborative skills, this could be the perfect role for you.
What you'll receive
As an equal opportunity employer, we're committed to providing a safe and rewarding environment for you to thrive in. This is why we work hard to deliver benefits, rewards and wellbeing offerings that are important to you.
You'll enjoy:
* Life Assurance (2.5 x salary)
* Private medical insurance (employee & family cover)
* Car allowance GBP8,400
* Annual Bonus Scheme up to 20%
* 25 days holiday plus 8 bank holidays as standard (may vary by role)
* Staff Shop
* Stakeholder Pension Scheme
* Discount & cashback platform
* Personal Accident Insurance
* Free health check
* Employee Assistance Programme
* A range of voluntary benefits (holiday purchase scheme, additional life assurance, dental & hospital cash plans)
* Salary sacrifice car lease scheme
* Free independent mortgage advice
* Discounted tutoring for children
* Access to financial learning tools and affordable loans via your salary
* Free car parking – Site dependant
Plus, a commitment to your wellbeing that includes emotional, physical and financial support services delivered by our fantastic team of wellbeing champions.
Proud to be Bakkavor
We're proud to be the market leader in the UK fresh prepared food industry. We're proud to supply meals, salads, desserts, pizza and bread to leading grocery retailers including Tesco, M&S, Sainsbury's and Waitrose. We're driven by the hard work and passion of our people and are delighted to offer a wide range of careers across our business – come and join our dedicated Bakkavor team!
Find out more and apply.