Description:
This would suit someone with a demonstrated commercial finance background who works well in a team setting.
Key responsibilities of the Commercial Finance Business Partner
Profit & Loss
- Review of Gross Margin and Sales with month end accounts preparation and reporting
- Work closely with the Commercial Team to ensure that all commercial agreements are correctly applied and deals are reclaimed accordingly
- Supporting Commercial/Business Support team on all Master data related issues (e.g. price changes, product set-up)
- Provide support to Commercial team on linking AP & AR queries to ensure information passed to the commercial team is correct
- Continuous Process Improvement and review of existing controls and processes
- Support Budgeting, Financial Planning process
- On-going review and assessment of controls , working with Process Integration/IT to implement or enhance internal controls
Balance Sheet (B/S)
- Prepare and review of monthly B/S reconciliations for Pre-Wholesale and implement B/S by Profit Centre
- Work with the relevant business partners (including AP, AR, Commercial, IT) to ensure resolution of reconciling items in a timely fashion
- Ensure that B/S accounts and valuations reflect the true value to the business, aligned to the Group Companies' policies
- Work with the Finance team to resolve outstanding issues on monthly balance sheet reconciliations
- First point of contact for external auditors for the annual audit of balance sheet accounts
- Responsible for reconciliation of Stock Accrual and improvement on controls and processes around Consignment stock
- Liaise with the Accounts Payable team to resolve issues encountered when posting invoices and assist in resolving GR/IR issues
- Liaise with the Accounts Receivable and Reclaims Team to resolve issues associated with Principal Debt/ Recharges
- Effectively manage Accounts Assistants to ensure they are adequately trained, monitored and developed
QUALIFICATION, EXPERIENCE & SKILLS REQUIRED
- Qualified Accountant with atleast 2/3 years accounts experience (SAP experience preferable) and strong commercial acumen
- Demonstrated and proven ability to work within a team to achieve common goals
- Significant experience in the area of Balance Sheet reconciliations
- Ability to work with significant volumes of data to investigate and arrive at a point which allows an information based decision to be made
- Ability to work on their own to deliver results within a short period of time
- Ability to analyse information and prepare key performance data.
- Ability to work effectively under time and delivery pressures
- Excellent communication skills