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For Companies At a Glance
- Tasks: Drive profitable growth by partnering with commercial teams and managing financial performance.
- Company: Join McCormick, a leader in flavour and food solutions, committed to diversity and innovation.
- Benefits: Enjoy a fixed-term contract with opportunities for professional development and a collaborative work culture.
- Why this job: Be part of a dynamic team influencing key business decisions and enhancing financial strategies.
- Qualifications: Bachelor's degree in finance or economics; ACCA/CIMA qualification preferred; strong analytical skills required.
- Other info: This role is based in Haddenham, UK, and offers a chance to make a real impact.
The predicted salary is between 43200 - 72000 £ per year.
Haddenham, UK
Fixed Term Contract: 6 months
Position Overview
Reporting to the UK Consumer Finance Director, the Finance Manager will play a crucial role in business partnering with the commercial teams to drive profitable growth. This role will actively identify, drive and implement improvements to processes and ways of working to drive accuracy and control, improve efficiency and deliver key insights to the business to influence decision making. This role is responsible for the proactive pursuit, development and execution of key initiatives and profit-improving programs.
Main Responsibilities
- Business Partnering with commercial team to drive growth and profitability – (75% time)
- Full P&L management for EMEA Foodservice including business partnering Foodservice commercial team across UK, France and Switzerland, providing insightful analysis to support decision making (25%)
- Finance ownership of customer negotiations including business tenders and Trade accruals BS management (15%)
- Prepare analysis and insights on the key drivers of financial performance for the Foodservice business unit and determine areas for improvement (10%)
- Provide Finance support and guidance to commercial teams on key projects to support profitable growth (10%)
- Conduct ongoing O&R process to analyse volume and spend (5%)
- Provide financial guidance to the commercial team and lead “commercial finance” training delivery to local commercial teams to develop capabilities focused on margin enhancement inclusive of pricing and promotional spend management and effectiveness (5%)
- Build peer support and strong internal-company relationships with other key management personnel (5%)
- Ensure accurate and efficient distribution of commercial finance reports and other business intelligence essential to the commercial organization (5%)
- Participate in the development and adoption of new reporting tools as needed (up to 5%)
- Support month-end processes, quarterly financial forecast and budget (10%)
- Work to improve core commercial finance processes and reporting (5%)
- Ensure all processes are documented and Sarbanes Oxley compliant (up to 5%)
Key capabilities
- Good communication skills with the ability to articulate points of view across levels and functions
- Comfortable with constructive challenge and building strong working relationships with business partners and leadership team
- Resourceful and proactive and takes initiative
- High standards of accuracy
- Strategic Business partner
Qualifications:
- Bachelor's degree in various technical functional fields in finance and/or economics
- Part/newly qualified in a professional qualification such as ACCA, CIMA, or MBA is highly regarded.
- Proven experience in finance and business management including partnering with marketing, sales and/or supply chain functions.
- Proven experience in financial planning and analysis
- In-depth knowledge of profit and loss statements and Balance sheet as well as excellent analytical with a strong financial planning and reporting experience.
- Experience developing sales trends, forecasts, etc. and a demonstrated understanding of the impact of analytical data on company planning (volume/revenue).
- Superior work ethic, flexibility, time management and organizational skills including the ability to manage multiple projects with tight deadlines and high accountability.
- Ability to lead by influencing peers and colleagues using collaborative, flexible styles; generate buy-in and ownership.
- Excellent organizational and communication (written and oral) skills
As an Equal Opportunities employer, McCormick is committed to a diverse workforce.
Commercial Finance Manager employer: McCormick UK Limited
Contact Detail:
McCormick UK Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Finance Manager
✨Tip Number 1
Network with professionals in the finance and commercial sectors, especially those who have experience in business partnering. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the specific financial tools and reporting software mentioned in the job description. Being able to demonstrate your proficiency in these tools during interviews can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your previous experiences in financial planning and analysis, particularly how you've partnered with commercial teams. Use specific examples that highlight your ability to drive profitability and improve processes.
✨Tip Number 4
Research McCormick's business model and recent initiatives in the Foodservice sector. Understanding their strategic goals will help you tailor your discussions and show how you can contribute to their success.
We think you need these skills to ace Commercial Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and business management, particularly in areas like P&L management and financial analysis. Use specific examples that demonstrate your ability to partner with commercial teams and drive profitability.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your qualifications align with the key capabilities mentioned in the job description, such as communication skills and strategic business partnering.
Highlight Relevant Qualifications: Clearly state your educational background and any professional qualifications, such as ACCA or CIMA. Emphasise your experience in financial planning and analysis, and how it relates to the responsibilities of the Commercial Finance Manager role.
Showcase Analytical Skills: Provide examples of how you've used analytical data to influence decision-making in previous roles. This could include developing sales trends or improving financial processes, which are crucial for the position.
How to prepare for a job interview at McCormick UK Limited
✨Understand the Role
Make sure you have a solid grasp of what a Commercial Finance Manager does. Familiarise yourself with P&L management, financial reporting, and business partnering. This will help you answer questions confidently and demonstrate your knowledge.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios where you've had to analyse financial data or improve processes. Prepare examples from your past experience that showcase your analytical skills and ability to drive profitability.
✨Showcase Your Communication Skills
Since this role involves working closely with commercial teams, highlight your communication abilities. Be ready to discuss how you've effectively communicated financial insights to non-financial stakeholders in previous roles.
✨Demonstrate Proactivity
The job description emphasises being resourceful and proactive. Share instances where you've taken the initiative to implement improvements or drive key initiatives in your previous positions.
