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- Tasks: Drive commercial performance and support strategic decisions in a dynamic retail environment.
- Company: Join Asda, a leading retailer focused on innovation and sustainable growth.
- Benefits: Enjoy hybrid working, competitive salary, bonuses, discounts, and comprehensive wellbeing services.
- Why this job: Be at the forefront of transformation projects with exposure to senior leadership and impactful decision-making.
- Qualifications: Qualified accountant (ACA, ACCA, CIMA) with experience in commercial finance and strong analytical skills.
- Other info: Flexible working arrangements with a focus on inclusivity and personal development.
The predicted salary is between 43200 - 72000 £ per year.
Job Title
Commercial Finance Manager – George & GM Optimisation
Location
George House
Employment Type
Full time
Contract Type
Permanent
Hours Per Week
37.5
Salary
Competitive salary plus benefits
Category
Financial Planning and Analysis
Closing Date
22 August 2025
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.
Your Role
- 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.
About You
- 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
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Everything you\’ll love
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.
You will also get an excellent benefits package including:
- 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\”
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Commercial Finance Manager - George & GM Optimisation employer: ASDA
Contact Detail:
ASDA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Finance Manager - George & GM Optimisation
✨Tip Number 1
Familiarise yourself with the latest trends in retail finance, especially in non-food sectors. Understanding how these trends impact commercial decisions will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the retail finance sector, particularly those who have experience in commercial finance roles. This can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've driven financial performance improvements in previous roles. Highlighting your analytical skills and ability to influence stakeholders will set you apart.
✨Tip Number 4
Research Asda's current initiatives and challenges in the non-food sector. Being knowledgeable about their strategic goals will demonstrate your genuine interest in the company and the role.
We think you need these skills to ace Commercial Finance Manager - George & GM Optimisation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial finance and financial planning. Use keywords from the job description, such as 'financial modelling', 'cost savings', and 'analytical skills' to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background as a qualified accountant (ACA, ACCA, or CIMA) aligns with the responsibilities of driving commercial performance improvements and supporting strategic decisions.
Showcase Your Analytical Skills: Provide specific examples in your application that showcase your analytical abilities. Mention any experience you have with financial forecasting, margin analysis, or cost reduction initiatives to illustrate your capability in enhancing commercial tools.
Highlight Stakeholder Management Experience: Emphasise your ability to build and maintain relationships with senior stakeholders. Include examples of how you've successfully influenced decision-making processes in previous roles, as this is crucial for the position.
How to prepare for a job interview at ASDA
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Commercial Finance Manager. Familiarise yourself with financial modelling, cost analysis, and how these contribute to strategic decision-making in a retail environment.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical abilities and how you've used them in previous roles. Be ready to provide examples of how you've driven commercial performance improvements or influenced financial decisions.
✨Engage with Stakeholders
Highlight your experience in building relationships with senior stakeholders. Be prepared to discuss how you've successfully challenged and influenced teams to achieve better financial outcomes.
✨Demonstrate a Growth Mindset
Express your eagerness to learn and develop both technically and personally. Share examples of how you've embraced challenges and sought out opportunities for growth in your career.