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A global technology leader seeks a Senior Commercial Finance Manager for B2B operations in Ottershaw, UK. This role involves strategic business partnering, commercial decision support, and driving financial performance. Candidates with FMCG backgrounds and experience in technology are preferred. The position offers hybrid working. Competitive benefits include a bonus scheme and generous holiday allowance.
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Senior Commercial Finance Manager- B2B page is loaded
Position Summary
Why join our team?Role and Responsibilities
Your Key Responsibilities
The purpose of the role is to support the Director of Commercial Finance in providing commercial and financial support to the B2B function of the MX Division of Samsung Electronics UK. The role sits within the Finance Operations team, is a senior business-partnering role supporting the divisional Product Management and Sales teams, and reports to the Director of Commercial Finance.
Strategic Business Partnering
Work closely with senior leadership and functional heads to influence and shape business strategy.
Present and communicate financial insights to non-financial partners in a clear and actionable manner.
Offer solutions to drive revenue growth by optimising investment to drive the best possible value for the business.
Handle relationships with external customers as they relate to commercial finance matters.
Understand the product portfolio, channelisation and customer strategy
Commercial decision support
Support with the development, and implementation of the investment and management frameworks aligned to divisional commercial objectives.
Increase efficiency and enhance commercial results derived from sales deduction investment across all product categories.
Provide financial insight, analysis and appraisal support as required.
Analyse and track the investment performance against the framework and plan, identifying risks and opportunities, working with the marketing team to prepare contingency plans for below plan performance
Day-to-day commercial decision making;
Evaluation of customer proposals and bids;
Understanding of leasing solutions
Financial planning
Ensure robust forecasts are in place having challenged and interrogated the key inputs with the relevant partners
Support the Divisions’ annual, quarterly and monthly financial planning processes.
Provide the appropriate level of challenge to ensure that plans are robust, stretching and achievable.
Prepare ad hoc analysis where necessary (e.g. scenario planning, sensitivity analysis).
Driving financial performance
Work closely and collaborate with Product Management and Sales to drive financial performance and ensure that the Divisions’ financial objectives regarding sales, profitability, cash conversion and market share are delivered.
Work with the FP&A team to prepare valuable reporting and analysis to support management and identify significant trends/issues, e.g. monitoring performance versus plan, customer/product profitability etc.
Discover opportunities to improve financial performance and grow the business.
Financial management and control
Ensure strong control and governance in the financial activities undertaken by the Divisions.
Provide guidance on the accounting for more complex customer deals, obtaining technical advice from other areas of Finance where necessary and ensuring that transactions can be supported within agreed accounting standards.
People
Lead and develop one indirect report
What we need for this role
To be successful, you will possess the following skills and attributes:
FMCG background required. Experience within technology sector and a fast paced sales environment needed.
B2B experience
Understanding of leasing/financing solutions
Soft Skills
Strong commercial competence.
Ability to work in a high pressure environment, take quick and effective decisions and direct others.
Excellent analytical skills to understand business drivers and interpret financial results.
Strong interpersonal skills, ability to communicate effectively at all levels, get key messages across succinctly and work with others.
Consistent record in demonstrating accountability and ownership; proactive approach.
Strong influencing skills to persuade management that your conclusions are correct and obtain agreement.
Strong reporting skills, display key information and convey messages clearly, concisely and with impact.
Work well in a fast paced environment, with good decision making skills under tight deadlines.
Hard Skills
Qualified accountant (ACA, ACCA or CIMA). with 5+ years’ experience in industry
Up to date knowledge of international accounting standards.
Experience of working in technology or FMCG sectors;
Hands on experience of using ERP systems (preferably SAP).
Ability to implement change process to streamline and make existing processes more efficient.
What does success look like?
Supporting your product category with accurate and timely support on all commercial proposals, balancing Sales Deduction investment, key brand/PI metrics, profit and sales volumes using market and channel insights to maximise ROI and minimise commercial risk.
Acting as a bridge between sales, product management and FP&A to support accurate financial simulations and commercial deal approval.
Ensuring that divisional and sub-divisional forecasts are accurate and reflective of the correct commercial and accounting treatment.
Management and continued development of the team, ensuring they are delivering on their objectives and getting development opportunities in line with their individual development plan.
Ensuring accurate forecasts of sales deduction budgets by product in line with internal forecasting schedule.
The interview process
There will be two interviews.
The first one will comprise an Excel test and a competency based interview with:
- the Head of Commercial Finance for Ireland and Projects and Director of Commercial Finance
The second interview will be with the Director of B2B.
Skills and Qualifications
Benefits of working at Samsung include
Hybrid working – 3 days in the office and 2 days at home per week
Bonus scheme linked to individual, team and company performance
Pension contribution
Three volunteering days each year
Holiday - 25 days plus bank holidays and an additional day off for your birthday
Access to discounts on a wide range of Samsung products
Access to a discount shopping portal
Partner Colleagues are not eligible for certain types of statutory leave such as Samsung Family Leave or Sick Leave policies but may be eligible for statutory payments via their agency
Up to 20 (pro-rata) Partner Absence days per calendar year to be used in times of need
A note on equal opportunities
We are an equal-opportunity employer and value diversity at our Company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, and network systems, and the entire semiconductor industry with our memory, system LSI, foundry, and LED solutions. Samsung is also leading in the development of the Internet of Things through, among others, our Smart Home and Digital Health initiatives.
Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies, and become recognized as one of the top global brands. Our network now extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. To discover more, please visit our official newsroom at ( https://news.samsung.com/global/ ).