Commercial Finance Manager
My client is an investment firm-backed (with other financing available) FMCG business in Leeds with a long, successful history of providing high quality, well-known products to consumers via its multi-channel retail strategy.
It's no secret that the Retail sector is faced with many challenges, but my client sees this as one of its biggest opportunities to re-evaluate its strategic objectives and re-consider its value proposition; growth is still forecast. Recent analysis performed by a leading consulting firm showed, not only the current strengths that my client can maximise, but also, in comparison to key competitors, many of whom are slipping backwards, how well they can continue to perform, and grow, by these shifts in both focus and strategy. It has established excellent, long-term retail partnerships as well as having built other sustainable retail platforms to launch, promote and sell their products. However, there are still areas to improve and work to be done to ensure the growth plans and targets are implemented, challenged and tweaked as part of their ongoing evolution.
As such, the CFO, who is excited to be spearheading much of the change and challenge, is now needing to accelerate the improvement programmes with the appointment of a Commercial Finance Manager, which will be a newly-created, and pivotal, role. The key areas of responsibility are below, but certainly won't be limited to these:
Lead in all commercial finance activitiesEstablish stronger business partnering across all areas of the company in order to be able to truly add value to each corner of the companyReport on risks and opportunities, creating strategies to overcome, or take advantage, of themBe a key part of driving overall business performance
It goes without saying that the successful candidate will already see themselves as a value-added, hard-charging and engaging professional. The ability to be able to converse with, and challenge, a varied pool of senior, experienced stakeholders is, without exception, the quality that will be most sought so evidence of business partnering and strategic thinking will be essential.
There will be plenty of support provided by the CFO as this is still seen as a developmental role where the individual will cut their teeth and start moving towards a Head of Finance role (this is not time-limited) and then successor to the CFO. You should be a qualified finance professional with a minimum of 3 years PQE, ideally gained from an industry role, but other backgrounds may well be considered.
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