At a Glance
- Tasks: Lead finance operations, manage cash flow, and oversee AP/AR teams.
- Company: Established business in Banbury with a focus on growth and innovation.
- Benefits: Competitive salary, generous holiday, life insurance, and health cash plan.
- Other info: Excellent career progression and modern facilities await you!
- Why this job: Join a dynamic team and make a real impact on financial strategies.
- Qualifications: Part/Fully Qualified accountant with strong finance management experience.
The predicted salary is between 60750 - 74250 £ per year.
We're working with a well-established and growing business in Banbury who is seeking an experienced and highly capable Commercial Finance Manager to join their SMT on a permanent basis.
This is a newly created role and would suit someone in a commercial finance or FP&A roles in a large organisation, seeking to broaden their scope and experience.
You will be required to oversee core operational finance functions and will report directly to the Group Finance Director.
Purpose of the Role
This role is critical to ensuring strong cash flow management, accurate monthly forecasting, while providing leadership to the Accounts Payable (AP) and Accounts Receivable (AR) teams and adding commercial insight into business performance.
You will also take ownership of key financial processes, including FX management, cash flow forecasting, and duty deferment administration.
Key Responsibilities of the Commercial Finance Manager
- Team Leadership & Supervision
- Supervise and support the AP and AR functions and associated employees
- Ensure timely and accurate processing of invoices, receipts, and customer/supplier queries
- Drive improvements in AP/AR processes, systems, and controls
- Compliance & Operational Finance
- Own the Duty Deferment Account, ensuring accurate tracking and payment to HMRC
- Manage documentation collation and compliance related to Bonded Warehouse operations
- Oversee and approve timely and accurate bank reconciliations
- Cash Flow & FX Management
- Lead short-term cash flow forecasting to ensure day-to-day liquidity
- Develop and maintain long-term cash flow forecasting models to support strategic planning
- Own and manage foreign exchange (FX) exposure, ensuring effective hedging or mitigation strategies are in place
- Forecasting & Budgeting
- Own the preparation of P&L forecasts, working closely with stakeholders across the business
- Play a key supporting role in the annual budgeting process, providing critical insight and financial modelling
- Rebates Management
• Own the rebates function, including
- Performing and reviewing rebate reconciliations
- Approving and signing off new rebate agreements in line with commercial policy
Experience, Skills & Attributes
- Part / Fully Qualified accountant (ACA / ACCA / CIMA) or equivalent experience
- Proven experience in a similar finance management role
- Strong knowledge of forecasting, cash flow management, and AP/AR
- Familiarity with customs processes, bonded warehouse regulations, and HMRC duty deferment is highly desirable
- Experience managing teams and driving process improvements
You'll need
- Strong leadership and team management skills
- Excellent attention to detail and problem-solving ability
- Advanced Excel and financial modelling skills
- Effective communication and stakeholder management
- Highly organised with the ability to manage multiple priorities under tight deadlines
What's in it for you?
- Hours: 38.5 hours per week, 08:30-17:00 (Monday to Thursday), 08:30-15:30 (Friday)
- 23 days holiday plus UK bank holiday, rising to 25 days holiday after five years' service
- Holiday Buying additional 5 days option to purchase
- Life Insurance
- Annual Bonus
- Health Cash Plan Scheme
- On-site training
- Excellent career progression opportunities
- Modern facilities
- Employee functions including annual Summer Social
- Charitable fundraising opportunities
- Free car parking
- Application Process
If you're interested in this exciting opportunity, please forward your CV to Hannah as soon as possible or call to discuss further.
Commercial Finance Manager in London employer: Cameo Consultancy
Join a thriving team in Buckingham as a Customer Service Administrator, where you will be part of a supportive and dynamic work environment. With a competitive salary of up to £26,000, generous holiday allowance, and opportunities for training and development, this role offers not just a job but a pathway to grow within a successful business in the garage equipment sector. Enjoy the added benefit of private healthcare after your probation period, ensuring you and your family are well taken care of.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Cameo Consultancy. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Finance Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cameo Consultancy.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Cameo Consultancy's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Cameo Consultancy
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cameo Consultancy.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Cameo Consultancy will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Cameo Consultancy employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
