Commercial Finance Manager

The Foschini Group / TFG London; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a proactive and driven Commercial Finance Manager to join their dynamic team. In this pivotal role, you will provide strategic insights and business partnering with key stakeholders while driving performance through effective analysis. Your expertise in budgeting, forecasting, and commercial finance will be essential as you manage financial reporting and support the core finance team. This opportunity offers a vibrant work environment with a commitment to inclusivity and professional growth, making it an exciting place to advance your career in finance.

Benefits

Staff Discount

Discounts across your favourite brands

Virtual GP Service

Virtual Wellbeing and Counselling Service

Financial Wellbeing Support

Early Pay through Access Early Pay

Discounted Gym Memberships

Qualifications

• Experience in a multi-site environment is essential.
• Strong commercial finance and business partnering skills required.

Responsibilities

• Review and report on monthly cost reports for head office departments.
• Prepare the annual budget and quarterly forecasts.

Skills

Commercial Finance Skills

Budgeting and Forecasting

Analytical Skills

Problem-Solving

Tools

Microsoft Office

Excel

Accounting Systems (e.g., SUN/Mercatus)

Job description

We are Phase Eight, the go-to destination for empowering style that inspires. Our people are at the heart of everything we do as we aim to remain at the forefront of cutting-edge fashion. We have a fantastic opportunity within our Commercial Finance Team for a Commercial Finance Manager. Reporting to the Heads of Commercial Finance, you will be responsible for providing strategic insights, business partnering with key stakeholders, and driving business performance through effective analysis and decision-making.

What you will be doing

As Commercial Finance Manager, you will be responsible for the following:

1. Review and report to senior management on monthly cost reports for all head office departments.
2. Hold monthly budget review meetings with each department and set action plans.
3. Present financial information to store managers at area meetings.
4. Oversee and review weekly trade analysis for all business channels regarding sales, margin, and stock.
5. Support the core finance team with monthly analysis to budget across all P&L lines.
6. Participate in monthly P&L and balance sheet reviews and take ownership of commercial finance/brand actions.
7. Prepare the annual budget, quarterly forecasts, and five-year plan, with assistance from the commercial finance analyst.
8. Manage monthly balance sheet and cash flow forecasting.

What you will need

To be successful in this role, you should have the following skills and experience:

Qualifications & Experience:

• Experience working in a multi-site environment.
• Retail experience is beneficial but not essential.
• Strong commercial finance and business partnering skills.
• Experience in budgeting and forecasting.

System Skills:

• Proficiency in Microsoft Office applications.
• Advanced Excel skills.
• Experience with accounting systems (e.g., SUN/Mercatus) is beneficial but not essential.

Attributes Required:

• A proactive, driven, organized, and forward-thinking individual with a logical approach to problem-solving.
• A desire to challenge existing processes and seek improvements.
• Strong attention to detail.
• Ability to deliver under pressure and meet tight deadlines.
• Strong analytical skills.

What's in it for you

We offer a competitive salary and benefits, including:

• Staff Discount
• Discounts across your favourite brands
• Virtual GP Service
• Virtual Wellbeing and Counselling Service
• Financial Wellbeing Support
• Early Pay through Access Early Pay
• Discounted Gym Memberships

About You

We are looking for a candidate with relevant experience and skills as described above.

About Us

At TFG Brands London, we Care, Connect, Collaborate, and Create. Our portfolio includes iconic fashion brands Hobbs, Phase Eight, and Whistles; our luxury Homewares brand Inside Story; and the recently acquired Lifestyle brand White Stuff. We are entrepreneurial and passionate about exceeding customer expectations. We are committed to creating an inclusive environment where everyone can thrive and grow.

Inclusion and Diversity: We are dedicated to fostering an inclusive culture that values diversity of backgrounds, experiences, and perspectives. We encourage authenticity and celebrate differences, ensuring everyone’s contribution is valued and respected.