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- Tasks: Maximise supply chain income and optimise purchasing across diverse suppliers.
- Company: Global hospitality business with a dynamic commercial team.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Join a leading company and make a real impact on financial performance.
- Qualifications: Finance experience, strong analytical skills, and advanced Excel proficiency.
- Other info: Collaborative environment with opportunities to work closely with senior stakeholders.
The predicted salary is between 42000 - 58000 £ per year.
£50,000
Hybrid working - 2 days in the office
The Consultancy Group are working with a Global Hospitality business on a Finance Manager opportunity. This is an opportunity within the Commercial team, where you will work closely with senior stakeholders and interpret complex data.
Key ResponsibilitiesAs part of the Commercial Finance team, you will play a critical role in maximising and controlling supply chain income across a complex supplier base. Your responsibilities will include:
- Driving the optimisation of purchasing income across a broad and diverse supply chain.
- Ensuring supplier income and rebates are accurately tracked, reported, and collected in line with contractual terms.
- Identifying opportunities to improve commercial performance through supply chain consolidation and improved supplier engagement.
- Managing supplier rebate income end to end, ensuring accuracy, completeness, and timely recognition through robust validation, reconciliation, and issue resolution.
- Reviewing and preparing documentation for all agreed supplier rebates to ensure contractual compliance.
- Producing accurate forecasts of future rebate income using business forecasts and supplier participation rates.
- Supporting the recovery of outstanding supplier income and assisting with debt resolution where required.
- Acting as a subject matter expert for supply chain income, providing guidance and support to stakeholders across the business.
- Supporting the preparation, analysis, and ongoing monitoring of supply chain income budgets and forecasts.
- Working closely with the Supply Management team to enhance income reporting and clearly communicate targets, reporting requirements, and performance expectations to buying teams.
- Finance professional - Looking to Study/Qualified by experience or Part Qualified.
- Proven experience working within commercial finance functions, ideally in a large or global organisation.
- Experience in a complex, contract-driven environment and/or within a Supply Management function.
- Strong IT capability, with advanced Excel and Microsoft Office skills; experience with SAP and Power BI is highly desirable.
- Excellent communication skills, with the ability to translate complex financial data into clear, actionable insights for stakeholders at all levels.
- Highly developed analytical and problem-solving skills, combined with the ability to think strategically and understand the wider commercial context.
Finance Manager in City of London employer: The Consultancy Group (London)
Contact Detail:
The Consultancy Group (London) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in commercial roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge and understanding the company’s supply chain. We want you to be able to discuss how you can optimise purchasing income and improve commercial performance with confidence!
✨Tip Number 3
Showcase your analytical skills! Be ready to share examples of how you've used data to drive decisions in past roles. This will help you stand out as someone who can translate complex financial data into actionable insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Finance Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience in commercial finance and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've optimised purchasing income or managed supplier rebates in the past. Let us know what makes you tick!
Show Off Your Analytical Skills: Since this role involves interpreting complex data, make sure to showcase your analytical skills in your application. Mention any tools like Excel, SAP, or Power BI that you've used to drive insights and improve performance. We love a data-driven mindset!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at The Consultancy Group (London)
✨Know Your Numbers
As a Finance Manager, you'll be dealing with complex data. Brush up on your financial metrics and be ready to discuss how you've optimised purchasing income in the past. Prepare specific examples that showcase your analytical skills and how they led to improved commercial performance.
✨Master the Art of Communication
You'll need to translate complex financial data into actionable insights for various stakeholders. Practice explaining your previous projects in simple terms. This will not only demonstrate your expertise but also your ability to engage with non-financial colleagues effectively.
✨Showcase Your IT Skills
With advanced Excel and experience in SAP and Power BI being highly desirable, make sure you highlight your technical skills. Be prepared to discuss how you've used these tools in your previous roles to enhance income reporting or manage supplier rebate income.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in a contract-driven environment. Think of scenarios where you've had to resolve issues related to supplier income or rebates. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
