Senior Finance Manager - Commercial Food

Senior Finance Manager - Commercial Food

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
M

At a Glance

  • Tasks: Lead financial performance and drive revenue for M&S Food's transformation programme.
  • Company: Join M&S, a brand redefining food retail with quality and sustainability at its core.
  • Benefits: Enjoy a 20% discount, competitive holidays, and tailored training from day one.
  • Other info: Inclusive culture focused on innovation and personal development.
  • Why this job: Be part of a team that influences key business decisions and shapes the future of food retail.
  • Qualifications: Qualified accountant with strong commercial acumen and leadership experience.

The predicted salary is between 60000 - 75000 £ per year.

M&S Food is on a mission to deliver exceptional quality, innovation, and value for our customers every day. We’re redefining what great food retail looks like, combining trusted sourcing with bold ideas to create products that excite and inspire. Our vision is to lead the market in quality and sustainability, while driving growth through data-driven decisions and customer-focused strategies.

Fully woven into the DNA of M&S, our Finance team plays a fundamental role in shaping business decisions, delivering targets, analysing performance, managing costs, and ensuring our most vital data is accurate. We add value by helping every area of the business make data-driven decisions and understand what drives commercial performance.

We’re looking for a highly motivated and commercially minded Senior Finance Manager to join our Food Commercial Finance team. In this role, you’ll lead a team and partner with our Trading teams to deliver the ambitious Food transformation programme, driving revenue and profit to meet business unit targets.

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.

Your key accountabilities will include:

  • Lead financial performance for Trading: Take ownership of the P&L, balance sheet, and controls, ensuring delivery of revenue and profit targets while influencing pricing, promotions, and supplier negotiations.
  • Provide insight and challenge: Use data and analytics to inform decisions, identify risks and opportunities, and assess strategic initiatives, ensuring shareholder value is at the heart of every decision.
  • Drive commercial planning and governance: Oversee budgets, forecasts, and performance reviews; manage robust governance processes around pricing, supplier performance, and compliance with GSCOP obligations.
  • Optimise supplier and commodity management: Support Joint Business Plans, track inflation impacts, and work with buying teams and suppliers to ensure competitive pricing and maximise supplier income opportunities.
  • Enhance reporting and capability: Collaborate with Business Service Centre and Analytics teams to improve reporting processes, deliver month-end insights, and participate in initiatives to build finance capability across the team.

Your skills and experience will include:

  • Qualified accountant (CIMA, ACCA, ACA, CA) with at least 5 years’ post-qualification experience.
  • Strong commercial acumen and experience in business partnering, ideally in retail or FMCG.
  • Proven ability to communicate and influence at senior levels, with a collaborative and solution-driven approach.
  • Expertise in budgeting, forecasting, business case appraisal, and governance.
  • Leadership experience with a track record of developing teams and driving performance.

What’s in it for you?

Working at M&S means being part of something bigger - helping to deliver quality, value and service to millions of customers every day. We’re inclusive, fast-moving and always evolving, with a strong sense of purpose and a focus on doing the right thing.

Here are just a few of the benefits that make working here even more rewarding:

  • 20% colleague discount on all M&S products and many third-party brands for you and someone in your household, available once you’ve completed your probation.
  • Competitive holiday allowance with the option to buy more.
  • Discretionary bonus schemes linked to your performance and ours.
  • Strong pension and life assurance to help plan for the future.
  • Tailored induction and training to support your development from day one.
  • Exclusive perks and savings through our M&S Choices portal.
  • Market-leading family policies, including parental, adoption and neonatal leave.
  • 24/7 wellbeing support, including virtual GP access and mental health services.
  • One paid volunteer day a year to support a cause that matters to you.

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.

Senior Finance Manager - Commercial Food employer: Marks & Spencer

Marks & Spencer is an exceptional employer that champions a collaborative and inclusive work culture, where employees are empowered to drive innovation in food retail. With a strong focus on personal development, competitive benefits including a generous colleague discount, and a commitment to sustainability, M&S offers a rewarding environment for those looking to make a meaningful impact in their careers. Join us in shaping the future of food retail while enjoying a supportive atmosphere that values your contributions and well-being.

M

Contact Details:

Marks & Spencer Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Finance Manager - Commercial Food

Tip Number 1

Network like a pro! Reach out to your connections in the finance and retail sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching M&S Food’s latest initiatives and challenges. Show that you’re not just a numbers person but also someone who understands their mission and values. Tailor your responses to highlight how your skills can drive their ambitious transformation programme.

Tip Number 3

Practice your storytelling skills! Be ready to share specific examples of how you’ve influenced financial performance or driven commercial planning in previous roles. Use data-driven results to back up your claims and demonstrate your impact.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the M&S team. Keep an eye on our careers page for the latest opportunities!

We think you need these skills to ace Senior Finance Manager - Commercial Food

Qualified Accountant (CIMA, ACCA, ACA, CA)
Financial Performance Management
P&L Ownership
Data Analysis
Commercial Acumen
Business Partnering
Budgeting and Forecasting

Some tips for your application 🫡

Show Your Passion for Food Retail:When writing your application, let your enthusiasm for food retail shine through! We want to see how your experience aligns with our mission to deliver exceptional quality and innovation. Share specific examples that highlight your passion for the industry.

Be Data-Driven:Since we’re all about making data-driven decisions, make sure to include any relevant experience you have with analytics and performance assessment. Use numbers and metrics to back up your achievements – it’ll show us you know how to drive commercial performance!

Tailor Your Application:Don’t just send a generic application! Take the time to tailor your CV and cover letter to reflect the key accountabilities and skills mentioned in the job description. This shows us you’ve done your homework and are genuinely interested in the role.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Marks & Spencer

Know Your Numbers

As a Senior Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to M&S Food, such as P&L management and budgeting processes. Be ready to discuss how you've used data to drive decisions in previous roles.

Showcase Your Commercial Mindset

M&S is looking for someone with strong commercial acumen. Prepare examples of how you've influenced pricing strategies or supplier negotiations in the past. Highlight your experience in business partnering and how it has led to improved performance.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills. Think about challenges you've faced in financial governance or performance reviews and how you overcame them. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

Emphasise Team Leadership

Leadership is key for this role. Be prepared to discuss your experience in developing teams and driving performance. Share specific examples of how you've motivated your team and fostered collaboration, especially in a fast-paced environment like retail.