Commercial Finance Manager - Leeds

Asda Stores Ltd.; Leeds; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading UK retailer is seeking a commercial finance professional to drive transformation initiatives and support strategic decision-making. The role requires an ACA, ACCA, or CIMA qualification, with responsibilities including financial modeling and analysis of capital investments. The ideal candidate will have strong analytical, communication, and customer relationship skills. The position offers a hybrid working model based in Leeds and various company benefits.

Benefits

Discretionary company bonus

Company pension up to 7% matched

Company Car allowance of £5,700

15% colleague discount in store and online

Free access to wellbeing services

Excellent parental leave policies

Responsibilities

• Drive the non-food transformation agenda to identify efficiency and cost savings.
• Financially model and assess proposed capital investments.
• Analyse commercial tools to support financial planning.

Skills

Commercial finance experience

Analytical skills

Strong communication skills

Customer relationship management

Education

ACA, ACCA or CIMA qualification

Job description

Overview

Do you want to work in a fast-paced and dynamic environment with the opportunity to work in a truly commercial role at the forefront of driving decision making? You will support strategic decisions within our transformation program that underpins our three-year plan. These projects include investments in store layout and kit, the commercial review of Asda Living (a non-food retail park format), supplier partnerships and end to end costing, and pricing optimisation, among other new initiatives to deliver sustainable growth. You will play a key support role in the investment approval process, by liaising and challenging teams to produce high quality business cases that maximise commercial performance and support the approval governance at the exec level, providing exposure to senior board members. You will be responsible for understanding and driving commercial performance improvements, stimulating strategic decision making, driving financial discipline and accountability.

Responsibilities

• Drive the non-food transformation agenda - work with the business to identify opportunities to increase efficiency and cost savings, ultimately tracking and driving the delivery.
• Be an integral part of the project teams to develop a fast, responsive, and cost-effective operating model.
• Financially model and assess proposed capital investments (e.g., tech, infrastructure).
• Identify and recommend opportunities to reduce costs and increase the visibility of spend on the supply chain such as product costs, freight and retail operations.
• Analyse and enhance commercial tools to model the impact of exchange rate fluctuations, provide accurate financial forecasts and support financial planning.
• Provide trading and sourcing functions with Margin Building Blocks for their seasonal plans to ensure external economic factors (Ex. rates, labour rates, wage inflation etc.) are incorporated within the buying team's strategy.
• Analyse and propose opportunities to increase working capital.
• Deliver analytics at supplier level and identify margin opportunities.
• Provide net profitability insight.
• The role would suit a qualified accountant ACA, ACCA or CIMA background interested in working in retail.
• Trading finance have experience in commercial finance with confidence to set the agenda.
• An inquisitive mind with a desire to understand how things work and connect together.
• A growth mindset to invest in the development opportunities available both technically and personally.
• Ability to build and maintain exceptional customer relationships
• Pro-active with the ability to challenge and influence senior stakeholders; strong analytical and communication skills
• Ability to operate within a broader customer leadership team
• To ensure we balance moments where we know we need to collaborate together and the need for flexibility, Asda has a hybrid way of working with a minimum 3 days a week in one of our Home Offices. Over and above this, each area of Asda may have additional requirements which may require spending more days in the office, visiting suppliers, stores or depots.

Qualifications

• ACA, ACCA or CIMA qualification preferred.

Benefits

• Discretionary company bonus
• Company pension up to 7% matched
• Company Car allowance of £5,700
• 15% colleague discount in store and online
• Free access to wellbeing services such as Wagestream, 24/7 virtual GP, counselling, health and dental cash plans and a 24/7 employee assistance helpline, alongside discounts across a range of services and activities, from airport parking, enhanced to theme parks and cinemas.
• Asda Allies Inclusion Networks - helping colleagues to make sure everybody is included and that our differences are recognised and celebrated
• Excellent parental leave policies, including maternity & adoption leave, paternity leave, shared parental leave, neonatal care leave, and support for those doing fertility treatments.
• We want all colleagues to be able to bring their best and true selves to work, every day. Simply put, we want our colleagues to be Proud to be Asda and proud to be themselves