Commercial Finance Manager

Vodafone; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Vodafone is seeking a Commercial Finance Manager for a vital 12-month project within Group Commercial Finance. The role involves transforming Group services into business units, managing complex pricing models, and collaborating with various stakeholders. The ideal candidate should possess strong analytical skills, financial modelling expertise, and a commercial mindset, ensuring effective execution and operationalisation within the company.

Qualifications

• Qualified accountant with strong financial modelling.
• University education in mathematics, economics, accounting, or finance.
• Exceptional analytical and organisational skills.

Responsibilities

• Support commercial product leads in service catalogue definition.
• Develop pricing models and conduct benchmark analyses.
• Drive advancements in financial management systems.

Skills

Analytical Skills

Excel Proficiency

Financial Modelling

Commercial Acumen

Organisational Skills

Technical Skills

Education

Qualified accountant (ACA/CIMA/ACCA)

University education in quantitative field

Job description

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Join Us

At Vodafone, we’re not just shaping the future of connectivity for our customers – we’re shaping the future for everyone who joins our team. When you work with us, you’re part of a global mission to connect people, solve complex challenges, and create a sustainable and more inclusive world. If you want to grow your career whilst finding the perfect balance between work and life, Vodafone offers the opportunities to help you belong and make a real impact.

Join Us

At Vodafone, we’re not just shaping the future of connectivity for our customers – we’re shaping the future for everyone who joins our team. When you work with us, you’re part of a global mission to connect people, solve complex challenges, and create a sustainable and more inclusive world. If you want to grow your career whilst finding the perfect balance between work and life, Vodafone offers the opportunities to help you belong and make a real impact.

What You’ll Do

A fantastic opportunity has arisen for a high calibre finance professional keen to join Group Commercial Finance for a 12-month project placement in an acutely commercial capacity. Assigned to the Group Services Commercialisation programme (PXQ), this role offers a unique chance to transform structured operations into product-focused business units that drive internal and external value.

The project will be executed in step with a carefully choreographed schedule of activities – including but not limited to:

• Service Catalogue Definition: Drawing upon your commercial acumen and robust grasp of core business fundamentals – support commercial product leads in the productization of existing Group services delivered. Function as a leading light in the required mindset shift away from a Group Cost Centre culture towards genuine business owner and supplier of products and services
• End-to-End Cost Base Formulation: Apply forensic analytical skills and systematic thinking to decipher fully loaded costs for assigned products. Constituent costs will derive from various production units, span multiple layers of organisational hierarchy, product specific to general business support cost, and complex cross-team/function/and organisational dependencies and consequent recharge. Additionally, costs will need to be reconciled to historical Group-to-OPCO recharging methodologies – coupled with detailed variance analysis to ensure completeness
• Cost Base Deep Dives: Drive the charge to ensure rigorous understanding of all cost components from allocation of headcount, to spend with external parties, across all functions commercial and technology, and cost classes. From underpinning technologies, to critical workstreams, human capital structures, and in turn cost behaviours and drivers – a total appreciation of each product cost base at depths not previously explored is essential
• Commercial Pricing Model Development: Deploy technical financial modelling skills to formulate pricing models – blending together relevant service catalogue components, formulated cost base, and appreciation of cost behaviours. Pricing models must be compatible with open market pricing dynamics, OPCO service demand, and transfer pricing principles – whilst retaining a healthy pragmatism that ensures designed solutions can be reliably and routinely operationalised with outcomes tested and approved across a broad stakeholder base: customer, commercial, finance, tax
• Benchmark Analysis: Collaborate with commercial teams to identify real market alternatives to new service lines, gaining insight into competitors’ offerings—scope, pricing, quality, and terms. Benchmarking is central to shaping our product strategy around scope, quality, and efficiency
• Critical Financial Tooling: Leave a lasting legacy in Group Commercial Finance via a complete rethink of our systems of financial management: from budgeting, to on-going fiscal control, reporting and product performance – commercialisation of Group services requires a fundamental break from traditional group operations: a product lens applied to everything we do. You will be responsible for driving critical advancements in our core financial tooling
• Operationalisation: From theory to practise – we plan to parallel run our commercialisation programme against traditional Group-to-OPCO recharge methodologies (INCA) from October 2025 with full go-live on April 1st 2026. This will unify all of your efforts on the programme to date: the trial of new pricing models with markets, and the impression of the PXQ blueprint on our annual budget cycle. As with any transformation programme of this scale, execution will undoubtedly yield various teething issues. You will take full ownership of your assigned products with a relentless drive to problem solve and ensure smooth transition
  
  
  

Who You Are

• will ideally be a qualified accountant (ACA/CIMA/ACCA), with a university education in a quantitative field such as mathematics, economics, accounting, and finance
• must have exceptional organisational skills to ensure success – the commercialisation of Group Services is a substantial programme of work with multiple concurrent tasks requiring collaboration across various stakeholders, in accordance with a complex schedule of deadlines
• needs outstanding excel skills comprising the deployment of formulae in unique and complex combination to effectively manipulate data with ease. Proficiency with VBA would be a significant plus
• will possess excellent technical financial modelling skills: multivariate models with inputs drawn from various sources of varying formats and completeness, capable of advanced scenario analytics – with effective presentation of results
• is enthusiastic and pro-active with a can-do attitude – always willing to get stuck-in and support fellow peers with a focus on high quality outcome. “Not-my-job” does not feature in their vocabulary
• is highly inquisitive in nature – always keen to learn: new skills, concepts, and contextual knowledge to more effectively support allocated function and products and guide decision making
• possesses or is at the very least hungry to develop strong commercial acumen intertwined with an enterprising spirit. A movement away from a cost centre culture to genuine supplier (mini-business) requires excellent commercial and business management skills
• has excellent communication skills – Vodafone is a complex matrix organisation and successful delivery of PXQ is a composite outcome requiring collaboration across a significant array of stakeholders of varying specialisms and focus e.g. Tax, Reporting, Legal, Commercial, Technology, HR
• is comfortable working in both structured and unstructured environments and is capable of managing uncertainty and ambiguity. Whilst the PXQ programme comprises a regimented structure of tasks – all products are a variation on a theme with some significant outliers re. complexity - lateral thinking is thus essential
  
  
  

Not a perfect fit?

Worried that you don’t meet all the desired criteria exactly? At Vodafone we are passionate about empowering people and creating a workplace where everyone can thrive, whatever their personal or professional background. If you’re excited about this role but your experience doesn’t align exactly with every part of the job description, we encourage you to still apply as you may be the right candidate for this role or another opportunity.

What's In It For You

Who we are

We are a leading international Telco, serving millions of customers. At Vodafone, we believe that connectivity is a force for good. If we use it for the things that really matter, it can improve people's lives and the world around us. Through our technology we empower people, connecting everyone regardless of who they are or where they live and we protect the planet, whilst helping our customers do the same.

Belonging at Vodafone isn't a concept; it's lived, breathed, and cultivated through everything we do. You'll be part of a global and diverse community, with many different minds, abilities, backgrounds and cultures. ;We're committed to increase diversity, ensure equal representation, and make Vodafone a place everyone feels safe, valued and included.

If you require any reasonable adjustments or have an accessibility request as part of your recruitment journey, for example, extended time or breaks in between online assessments, please refer to https://careers.vodafone.com/application-adjustments/ for guidance.

Together we can.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Information Services, IT Services and IT Consulting, and Telecommunications

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