Purpose
The Commercial Finance Director is a senior leadership role reporting to the VP of Commercial Finance, acting as a key commercial partner to Business Unit Leaders and the Executive Management Team.
Purpose
The Commercial Finance Director is a senior leadership role reporting to the VP of Commercial Finance, acting as a key commercial partner to Business Unit Leaders and the Executive Management Team.
Key Responsibilities
The tasks listed below outline the scope of this position. The application of these tasks may vary, based on current business needs.
The Commercial Finance Director will take on a broad remit, including:
Strategic Financial Leadership & Business Partnering
- Act as a trusted financial advisor to Business Unit Leaders, providing challenge and insight to improve operational and financial performance.
- Develop and support strategic plans for the financial success and growth of assigned business units.
- Apply strong commercial judgment, supported by data and analysis, to evaluate investments and operational decisions.
- Act as a thought partner to the CFO, COO, and Executive Leadership Team on financial and business strategy.
Advanced Analytics, Forecasting & Decision Support
- Lead the development of accurate and insightful financial forecasts in collaboration with operational teams.
- Utilize data analysis and financial modeling to identify trends, risks, and opportunities across client accounts.
- Support the creation and execution of profit improvement plans, using analytics to track performance and drive actions.
- Continuously enhance the use of analytical tools and techniques to improve the quality, speed, and impact of financial insights (including adoption of modern analytics platforms and AI-enabled approaches where appropriate).
Financial Planning, Reporting & Performance Management
- Own monthly internal management reporting across business units and client accounts, including:
- Revenue and volume performance
- Profitability and savings
- Working capital and cash generation
- KPIs, risks, opportunities, and trends
- Variance analysis against plan and forecast
- Establish and maintain KPI frameworks to monitor and drive business performance.
- Deliver external financial reporting for clients and present performance insights in review meetings.
Commercial & Contractual Support
- Provide financial analysis to support the negotiation of contracts, renewals, and commercial terms.
- Partner with Legal and Commercial teams to ensure financial implications are clearly understood and reflected in agreements.
- Present financial performance and insights directly to clients, ensuring clarity and transparency.
Operational Excellence & Finance Transformation
- Establish and maintain an effective operating rhythm within the Finance function, implementing structured processes and disciplines.
- Drive continuous improvement in reporting, forecasting, and financial processes through enhanced data usage and analytical rigor.
Leadership & Team Development
- Lead, mentor, and develop Finance team members, fostering strong analytical and commercial capabilities.
- Promote a culture of data-driven decision-making, continuous improvement, and professional growth.
Qualifications & Experience
- Degree in accounting, finance, or equivalent experience.
- Minimum of 5 years’ experience in commercial finance.
Technical & Analytical Skills
- Advanced Excel and AI skillsets and strong data manipulation capabilities.
- Experience with Power BI or similar tools preferred.
- Demonstrated ability to analyze and use AI to analyze complex datasets and translate findings into actionable business insights (aligned with the reporting and forecasting responsibilities defined in the role).
Leadership & Communication Skills
- Experience leading and developing teams with strong emotional intelligence.
- Ability to clearly communicate complex financial concepts to non-finance stakeholders.
Core Competencies
- Strong problem-solving and organizational skills with a proactive, resourceful mindset.
- High integrity, accountability, and ability to perform under pressure.
- Client-focused, collaborative, and commercially minded approach.
- Inquisitive, analytical, and willing to challenge constructively to drive business outcomes.
Veramed is a B Corp accredited company which means that we use the power of business to build a more inclusive and sustainable economy meeting the highest verified standards of social and environmental performance, transparency, and accountability. As an organisation that has people at the heart of it, Veramed is committed to creating a diverse environment and is proud to be an equal opportunities employer. We foster a working culture where employees have integrity, honesty and respect for one another without regard to race, national origin, religion, gender identity or expression, sexual orientation or disability. All qualified applicants will receive equal consideration for employment.
#J-18808-Ljbffr
Commercial Finance Director in Nottingham employer: Veramed
Veramed is an exceptional employer that prioritises employee growth and development within a warm and friendly working environment. With flexible working options, including remote and hybrid roles, and a strong focus on training and support, employees are empowered to advance their careers while contributing to innovative studies in the clinical research field. The company's unique approach to management fosters collaboration and encourages staff to take ownership of their roles, making it an ideal place for Statistical Programmers looking for meaningful and rewarding employment.
