Senior Commercial Finance Manager

Notonthehighstreet Enterprises; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading eCommerce platform is seeking an experienced Commercial Finance Manager in London. You will own financial aspects of Gross Margin, partnering with marketing teams, and provide valuable insights to drive profitability. Candidates should be a qualified accountant with strong Excel skills and a commercial mindset. This position offers the chance to impact business strategy and performance. A flexible hybrid working scheme ensures an inclusive environment, alongside employee wellbeing and development initiatives.

Benefits

BUPA healthcare

Life insurance

25 days annual leave plus bank holidays

Flexible working

Qualifications

• Experience in a relevant finance role in industry, preferably eCommerce.
• Ability to explain complex financial concepts to non-financial people.
• Experience working with senior leadership.

Responsibilities

• Own financial aspects of Gross Margin and trading strategies.
• Assess and model new initiatives as well as budgeting and forecasting.
• Provide financial insights and reporting for Trading teams.

Skills

Advanced Excel

Commercial acumen

Financial modeling

SQL

Education

Qualified accountant (ACA/ACCA/CIMA)

2:1 degree

Job description

We are Not On The High Street We believe the big things should be celebrated – hard. Milestone birthdays, mates getting hitched, new pads… But we also love making a big deal about the small things, too.We’re home to 5,000+ phenomenal small creative businesses that we are proud to call our Partners. So we’re doing all we can to shine a light on these dynamic entrepreneurs, waving the flag for small businesses and generally championing their socks off.On top of our brilliant Partners, products, and customers (not to mention our incredible team), we have seen some really amazing recent changes. We’ve rebranded (check out the new site and app), have a whole host of new products and as well as that, Leanne Rothwell, with NOTHS for over 10 years, was honoured to take over as CEO to drive the next era at NOTHS.We are now looking to build on this momentum to drive our business to the next level. And that’s where you come in.We’re a team of 150 or so who all thrive in roles that make an impact and a difference and we are looking for like-minded people. You’re laser-focused when it comes to the task at hand. You’re not afraid to make big decisions and take some risks. You have a positive attitude to learn if things don’t go to plan and re-iterate to get your idea working. You’re a team player willing to lift others up and collaborate. If this applies to you then we are the right fit for you, our perks and benefits are at the bottom of the description but if you want to know more about the role itself read on. Purpose We are looking for an experienced Commercial Finance Manager to become a member of our Finance Team.In this role, you’ll be the go-to person for all things relating to commercial finance and aspects of planning and analysis and partner with our Marketing, Commercial, and Insight teams to bring a financial and commercial lens to the table. This role will initially report to the CFO, has ample independence and carries a high impact in the strategy and steering leadership to make decisions laddering up to profitable growth.This is a great role for someone who is experienced in owning broad areas of commercial finance and has experience and interest in trade aspects of eCommerce (knowledge of performance marketing mechanics and measurement is a core part of the role). Someone that can balance short-term requirements with a depth of output, has strong commercial awareness and an interest in the “big picture”. You’ll need to be a self-starter and confident working independently, passionate about business partnering and able to build good working relationships with Finance and non-Finance teams alike. This is an exciting opportunity to make a real commercial difference to the business and to drive improvement in both top- & bottom-line performance.

Accountabilities

• Owning all financial aspects of Gross Margin from working with the Head of Marketing on how to develop the trade strategy, to financial scenarios for partner events.
• Build out scenarios, assess and model new initiatives as well as Budgeting, reforecasts and inputting into 3-year plans
• Provide financial insight and reporting for the Trading teams, Performance Marketing and wider commercial stakeholder
• Partnering with other Finance leaders in developing and turning our strategic plans into financial reality, planning ahead, assessing risks & ways to overcome these
• Oversight of Daily, Weekly and Monthly performance reporting in partnership with the Insights team, articulating the key trends and challenges facing the business for the Leadership team to address.
• Supporting the Financial Controller with information gathering and monthly processes around performance and marketing spend
• Business partnering across a range of teams, including supporting budget holders - primarily marketing - in monitoring spending, planning, forecasting and analysis
• Produce financial reviews of post-marketing campaign and activity analysis which helps to inform the future plan
• Broadening the financial awareness of the functional teams
• Support the Finance team and wider business with ad hoc analysis when required

Technical Skills

• You will be qualified with a recognised accountancy body (ACA / ACCA / CIMA) and will have experience in a relevant Finance role in industry, preferably eCommerce or involving performance marketing channels (eg MTA models or other financial measurements of ad performance
• Proven experience working with Snr leadership and ability to influence decision-making with strong commercial acumen. Be the person in the room bringing a commercial perspective with an eye for ROI and profitable growth
• Advanced Excel ability is essential, with proven experience building solid models. This role is a Snr role that suits an experienced financial professional that enjoys the hands-on side of model building alongside partnering with key stakeholders.
• Ability to develop 3-way Excel models a plus (BS, Cash Flow and P&L)
• Ability to work in SQL looked on favourably but not essential
• You’ll be highly numerate with strong attention to detail, with the ability to explain complex financial concepts to non-financial people
• You have the ability to think on your feet and your problem-solving skills are second to none
• You’ll show good commercial awareness & interest
• Excellent communication skills will be key, and developing & maintaining good working relationships with colleagues will come naturally to you
• You’ll enjoy working in a fast-paced environment and thrive in the pace

Extra Brownie points

• Previous experience working in an online / retail and partnering with performance marketing teams is highly desirable
• At least a 2 : 1 degree (or equivalent)

Human Skills

• Enthusiastic, organised, self-motivated & curious are qualities you pride yourself on
• You’ll be a good team player, but also able to work under your own guidance as required

Our perks It’s important to us that our people are well looked after, which is why we offer BUPA healthcare, Healthshield, life insurance and additional Mental health support through SpillWe have also worked very hard to come up with a set of policies that support work / life balance, flexible working, diversity and inclusion that help to reduce the stress of life.We offer 25 days of annual leave plus 8 days of bank holidays and the ability to swap other religious holidays for theseWe hold regular social events as well as holding hackathons and encourage our team to attend conferences and other L&D or networking events Hybrid workplace We endeavour to support our people to make sure work... well, works for them. To that end the NOTHS team visit beautiful Richmond once a week to ensure we all still get together as one #teamNOTHS (although you can come in more if you like)For 2022 we began trialling fully remote months in January (to avoid the snow) and August (to enjoy the sun). Diversity and Inclusion Diversity and Inclusion is really important to us and that’s why everyone’s welcome at Not On The High Street – whoever they are, whatever their background. As part of your application, you’ll be asked to complete an optional demographic survey to help us learn more about who wants to work with us and will only be used to help us figure out how to make our team(s) even more inclusive and attract more brilliant people to join us!We have a DEI focus group as well as affinity groups that have their own budgets and can use this to help serve diversity and inclusion at NOTHS Apply to join #teamNOTHS Our recruitment processes are fully remote, taking advantage of the wonders of modern-day technology.You’ll speak with one of the recruitment team first (30 minutes) who will help you understand the role and company even better, you’ll then speak with the line manager (30 minutes), you’ll be asked to complete a task before meeting key stakeholders (60 minutes) then a final interview (90 minutes)We’d love to hear more about you, your experience and why you want to join our team. Good luck!