At a Glance
- Tasks: Drive revenue growth through financial insights and commercial analysis.
- Company: Join a dynamic team focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and professional development opportunities.
- Other info: Build strong relationships and enjoy excellent career progression.
- Why this job: Make a real impact by partnering with teams to enhance revenue and margin.
- Qualifications: Qualified ACA/CIMA/ACCA with experience in commercial finance.
The predicted salary is between 60000 - 75000 £ per year.
The successful candidate is responsible for providing financial insight, business partnering and commercial analysis that drive revenue growth and margin improvement. The role owns customer-level economics, pricing support, and commercial decision analysis, acting as a key partner to Commercial, Contracts and Data. You will be accountable for revenue management across the organisation and business partnering with the Commercial. This role ensures accurate monthly revenue accounting, delivers insightful forecasting analysis, and upholds strong financial controls.
Duties/Responsibilities
- Commercial & Forecasts
- Oversee the Commercial finance team to ensure accurate invoicing, revenue assurance and contract compliance.
- Work with FP&A to link commercial insights into forecasts and budgets.
- Partner with Commercial under the leadership of the line manager, to contract negotiation, pricing decisions and commercial negotiations.
- Produce regular commercial insight on revenue, margin, churn, and customer.
- Work with the Commercial and Contracts Teams to understand the performance, forecasts and areas of improvement.
- Responsible for building relationships and managing external stakeholders in tandem with the Contracts and Commercial teams.
- Drive continuous improvement in forecasting, revenue recognition processes and commercial data quality.
- Commercial Financial Reporting and Analysis
- Lead customer profitability, contract economics, and pricing/margin analysis.
- Provide monthly revenue analysis and variance explanations against budget and forecast.
- Support management reporting (e.g., revenue by specialism, customer, contract).
- Assist with budgeting and forecasting for revenue streams.
- Collaborate on KPI dashboards (e.g., debtor days, billing lag, cash conversion).
- Provide financial input into tenders, bids and strategic commercial opportunities.
- Challenge pipeline quality, forecast accuracy and revenue performance.
- Stakeholder Management
- Build relationships externally with Customers to manage the commercials.
- Develop robust relationships internally with Commercial, Contracts and Data teams to streamline process and resolve issues.
- Work closely with the Clarity team to build the commercial proposition.
- Revenue Management, Billing and Accruals
- Consolidate patient-level activity data into monthly contract-level invoices for billing and deliver timely and insightful profitability analysis.
- Ensure that product catalogues and prices within Stripe are maintained in a controlled manner.
- Responsible for monthly revenue accruals and reconciliations for activity completed during the month.
- Process weekly transaction data from Stripe and Chrysalis to prepare and post private revenue transactions.
- Ensure accurate revenue recognition across all business units and sites.
- Collaborate with operational teams to reconcile site-level revenue reports.
- Support annual audit revenue recognition testing and any other revenue-related queries.
Experience Required
- ACA/CIMA/ACCA Qualified
- Experience in commercial finance and revenue management
- Proven experience supporting commercial and contract teams
- Strong commercial acumen
- Ability to influence senior stakeholders
- Excellent business partnering ability
- Understanding of pricing, revenue recognition and commercial contracts
Commercial Finance Manager in Sheffield employer: Four Recruitment
As a Commercial Finance Manager at our company, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive benefits, including professional development opportunities and a supportive environment that encourages growth and career advancement. Located in a vibrant area, our organisation is committed to driving revenue growth while ensuring a healthy work-life balance for all employees.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Manager in Sheffield
✨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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
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.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Four Recruitment. 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 Sheffield
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 Four Recruitment.
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 Four Recruitment'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 Four Recruitment
✨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 Four Recruitment.
✨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 Four Recruitment 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 Four Recruitment 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.
