Head Of Commercial Finance

SF Recruitment; Watford; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading financial recruitment firm is partnering with a private equity-backed manufacturing business to find a Head of Commercial Finance. In this key role, you will develop and implement the commercial financial strategy while overseeing the financial reporting and budgeting processes. The ideal candidate is a qualified ACA/ACCA/ACMA with experience in manufacturing and exposure to private equity environments. This position is hybrid, requiring four days on-site with a flexible work-from-home option.

Qualifications

• Qualified ACA/ACCA/ACMA with strong finance lead experience.
• Experience in a manufacturing environment.
• Exposure to private equity backed business is ideal.

Responsibilities

• Develop commercial financial strategy and support CCO.
• Oversee financial reporting processes for accuracy and timeliness.
• Design and improve reporting systems for stakeholders.
• Manage commercial budget and forecasting processes.
• Monitor key financial controls and provide assurance to the board.
• Provide data-driven support for customer negotiations.
• Conduct ROI and payback analysis for value creation.
• Drive working capital improvements in debtor management.
• Advise on process improvements within commercial finance.

Skills

Commercial financial strategy

Financial reporting

Data analysis

Budgeting

Business partnering

Education

Qualified (ACA/ACCA/ACMA)

Job description

SF Executive is partnered with a private equity backed, manufacturing business that is seeking a Head of Commercial Finance (HCF). You will report to Chief Commercial Officer (CCO) and have a dotted line to the Chief Financial Officer (CFO).

Responsibilities

• Accountable for the commercial financial strategy for the business and supporting the CCO in financial value creation
• Oversee weekly and monthly operations financial reporting processes, ensuring accuracy and timeliness and which are action-oriented
• Design, implement and continuously improve reporting system throughout the business to ensure that stakeholders get the right data and insights in a timely and actionable manner
• Responsible for the commercial budget and forecasting process, including sales, trade promotions, gross margins and marketing spend
• Working with the Group Financial Control, ensure ongoing monitoring of key controls in the areas of commercial finance to provide reasonable assurance to the board that the system of internal controls is fit for purpose
• Ensure appropriate business partnering capability to ensure in equal measures, both support and constructively challenge to the commercial organisation
• Support the customer negotiations that the commercial function undertakes, by providing a data-driven approach and scenario analysis
• Perform ROI and payback analysis to ensure constant value creation
• Ensure full understanding of margin drivers and to highlight/advise stakeholders on margin variances and how to capitalise/correct on margin trends.
• Working with the Head of Shared Service in terms of driving working capital improvements in the area of debtor management
• Ensure robust processes in the way that commercial finance functions. Advising the commercial function in terms of wider process improvements

Qualifications

The successful HCR will be a qualified (ACA/ACCA/ACMA) and experienced finance lead. You will have worked within a manufacturing environment and you will have ideally been exposed to the pace of private equity backed business.

This role is being offered on a hybrid basis. The expectation is to work 4 days from site with a flexible day from home.