At a Glance
- Tasks: Drive revenue and profit targets while collaborating with trading teams in a dynamic retail environment.
- Company: Join M&S, a leading retailer known for its commitment to quality and inclusivity.
- Benefits: Enjoy 20% discount, competitive holidays, bonuses, and extensive wellbeing support.
- Other info: Hybrid working model with a focus on collaboration and personal development.
- Why this job: Be part of a transformative team making a real impact in the retail industry.
- Qualifications: Qualified Accountant with strong budgeting, forecasting, and analytical skills required.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Commercial Finance Manager - Protein, Dairy & Deli - London, Greater LondonEveryone is welcome at M&S. No exceptions. It’s your background, abilities and differences that make you, uniquely you.
And when you’re part of M&S, that individuality has the potential to make waves.All the detailsSummary Are you a commercially minded finance professional ready to make a real impact in a fast-paced retail environment? Join M&S as a Finance Manager supporting our Protein, Dairy & Deli commercial teams – a business unit generating over £2 billion in annual revenue. As a key member of our Finance team, you’ll be fully embedded in the heart of our commercial operations.
You’ll partner with trading teams to drive revenue and profit targets, deliver strategic insights, and ensure robust financial governance across one of our most dynamic product areas. To stay close to customers, our support teams are in the office three days a week as we believe that skills are developed through collaboration, and that spending time together makes us more creative and connected.What’s in it for you Being a part of M&S is exactly that – playing your part to bring the magic of M&S to our customers every day. We’re an inclusive, dynamic, exciting, and ever evolving business built on doing the right thing and bringing exceptional quality, value, service to every customer, whenever, wherever and however they want to shop with us.
Here are some of the benefits we offer that make working for M&S just that little bit more special… After completing your probationary period, you’ll receive 20% colleague discount across all M&S products and many of our third-party brands for you and a member of your household. Competitive holiday entitlement with the potential to buy extra holiday days! Discretionary bonus schemes awarded based on how you achieve your personal objectives and our performance as a business.
A generous Defined Contribution Pension Scheme and Life Assurance. A dedicated welcome to our teams with a tailored induction and a wide range of training programmes to develop your skills. Amazing perks and discounts via our M&S Choices portal to maximise your financial and personal wellbeing.
Industry-leading parental, adoption and neonatal policies, providing support and flexibility for your family. Access to a fantastic range of wellbeing support for all colleagues including access to our 24/7 Virtual GP and PAM Assist to support you and your family. A charity volunteer day to support a charity or cause you're passionate about through a dedicated day away from work.
What you’ll do Your key accountabilities will include Partner with trading teams to deliver revenue and profit targets through strategic initiatives, cost analysis, and supplier collaboration. Lead budgeting and forecasting processes, and provide insights through weekly trade and monthly performance reviews. Influence pricing, inflation tracking, and supplier negotiations to ensure commercial competitiveness.
Support Joint Business Plans and supplier performance reviews, identifying risks and opportunities. Deliver commercial analysis and insights to senior stakeholders and support month/quarter-end reporting. Advise on space, pricing, and promotional strategies – especially around our “Home of the Dine In” proposition.
Enhance reporting capabilities and finance processes in collaboration with Shared Service and Analytics teams. And governance and compliance across pricing, supplier income, and GSCOP obligations. Who you are Your skills and experience will include Qualified Accountant (CIMA/ACCA/ACA/CA) Strong experience in budgeting, forecasting, and management accounts Advanced Excel and analytical skills Proven business partnering experience in Retail or FMCG Deep understanding of sales to gross profit Strong commercial acumen and stakeholder communication Everyone’s welcome We are ambitious about the future of retail.
We’re disrupting, innovating and leading the industry into a more conscientious, inspiring digital era. We’re transforming how we work together and offering our most exciting opportunities yet. Marks & Spencer strives to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers.
Join us and make change happen. We are committed to building diverse and representative teams, where everyone can bring their whole selves to work and be at their best. We support each other and work together to win together.
If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.#LI-Hybrid #LI-CP2
Commercial Finance Manager - Protein, Dairy & Deli - London, Greater London employer: Marks & Spencer
At M&S, we pride ourselves on being an inclusive and dynamic employer that values individuality and collaboration. As a Commercial Finance Manager in London, you'll enjoy competitive benefits such as a generous colleague discount, flexible holiday options, and industry-leading parental policies, all while working in a supportive environment that fosters personal and professional growth. Join us to be part of a team that is not only committed to excellence but also to making a positive impact in the retail sector.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Manager - Protein, Dairy & Deli - London, Greater London
✨Tip Number 1
Familiarise yourself with M&S's commercial operations, especially in the Protein, Dairy & Deli sectors. Understanding their product lines and recent initiatives can help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of M&S, particularly those in finance or commercial roles. They can provide insights into the company culture and expectations, which can be invaluable for your application.
✨Tip Number 3
Stay updated on industry trends in retail and FMCG, especially regarding financial strategies and consumer behaviour. This knowledge will allow you to demonstrate your commercial acumen during discussions with the hiring team.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully partnered with trading teams in the past. Highlighting your experience in driving revenue and profit targets will show that you're a strong fit for the role.
We think you need these skills to ace Commercial Finance Manager - Protein, Dairy & Deli - London, Greater London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in commercial finance, particularly in budgeting, forecasting, and management accounts. Use specific examples that demonstrate your skills in these areas.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the retail environment and how your background aligns with the role. Mention your experience in partnering with trading teams and driving revenue, as this is crucial for the position.
Highlight Your Qualifications:Clearly state your qualifications, such as being a qualified accountant (CIMA/ACCA/ACA/CA). Emphasise any advanced Excel and analytical skills, as well as your commercial acumen, to stand out to the hiring team.
Showcase Your Soft Skills:In addition to technical skills, highlight your communication and stakeholder management abilities. Provide examples of how you've successfully influenced decisions or collaborated with teams in previous roles.
How to prepare for a job interview at Marks & Spencer
✨Understand the Business Unit
Familiarise yourself with M&S's Protein, Dairy & Deli sectors. Research their recent initiatives and performance metrics to demonstrate your knowledge during the interview.
✨Showcase Your Financial Acumen
Prepare to discuss your experience with budgeting, forecasting, and financial analysis. Be ready to provide examples of how you've influenced revenue and profit targets in previous roles.
✨Highlight Stakeholder Engagement Skills
Emphasise your business partnering experience. Share specific instances where you successfully collaborated with trading teams or senior stakeholders to drive strategic initiatives.
✨Prepare for Scenario-Based Questions
Anticipate questions that assess your problem-solving abilities. Think of scenarios related to pricing strategies or supplier negotiations, and be prepared to discuss your approach and outcomes.
