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[name] => commercial-and-finance-manager-job
[title] => Commercial and Finance Manager
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Commercial and Finance Manager
If you are an analytically minded and highly organised manager with at least 5 years’ experience in Financial and Commercial roles, we want to meet you!
This role is available due to internal promotion.
We are a rapidly growing fire and safety retailer and wholesaler with a network of nationwide service engineers. We are the UK’s largest online fire safety business with over 50 websites and 6000 products and services and have grown 30% year on year over each of the last 4 years.
Safelincs are innovative with over 50% of our workforce investment directed at development: from product, business and web development to marketing and design. This allows us to stay ahead of our competition.
The successful candidate will support our growth by further strengthening our financial and commercial control of the business. You will be involved in profit and cost optimisation as well as negotiations. You will also be managing our finance team.
Overview
- Responsible for the monitoring of the company’s finances and our sales profitability against our company targets
- Carrying out negotiations with suppliers and customers in support of our Commercial Development Manager (CDM)
- Assist with contract negotiations
- Ensure adherence to tax legislation, timely VAT declarations and tax returns
- Produce accurate business forecasts and financial reports
- Management responsibility for the Bookkeeping/Finance team
- Optimise investment strategies
- Lead purchasing process optimisation
- Lead stockholding optimisation
- Expected split between Financial and Commercial role is approximately 20-30% versus 70-80%
Roles and Responsibilities
Monitoring of the company’s finances and sales profitability
- Create top level financial reports based on the work of the bookkeeping/finance team and present these to the rest of the senior management team, providing supplementary information with regards to any potential risks or failings to meet targets
- Monitor all profit, cost and turnover developments and provide the earliest possible warning about unexpected developments
- Pro-actively assess and research company projects, expenditures or new products/services with regards to profitability or financial risks and actively feedback to other managers, both at the initial planning of the project and ongoing
Negotiations with suppliers and customers
- Deal with important supplier and customer negotiations in close co-ordination with Commercial Development Manager and MD
- Pro-actively drive annual cost-downs with suppliers supported by the Product Admin team
Assist with contract negotiations
- Support or lead contract negotiations e.g. with power suppliers, tenants, solar cell suppliers etc., requesting support by our solicitors and accountants as required
Ensure adherence to tax legislation, timely VAT declarations and tax returns
- In close co-operation with our accountants and our bookkeeping/financial team ensure that we strictly adhere to tax and VAT regulation
- Research any new legislation linked to tax, VAT and company recording and spread this information through the business as required and document the knowledge in procedures
Business forecasts and financial reports
- Contribute to the creation of the annual budgets and keep the records linked to these up to date
- Support MD with forecasts and financial reports
Management of Bookkeeping/Finance Team
- Directly lead the bookkeeping and finance team, carry out their appraisals, directing and supporting their report creation
- Manage late paying customers in conjunction with finance team
Investments
- Monitor all financial investments or bank accounts and optimise returns and reduce costs
- Assess our exposure with standard ratios and compare with benchmarks from other companies
Drive purchasing optimisation
- Work with CDM, purchaser and product team to reduce purchasing shipping charges, minimise time spent on purchasing, minimise cash tied by stock
Drive stock holding optimisation
- Work with CDM, purchaser and product team to identify slow moving stock and minimise risk of stock running out of date. Plan activities to deal with ageing stock and sell at maximum profit possible
We're looking for someone who possesses the following:
- Ability to understand problems/situations, to draw out logical conclusions
- Ability to accept new ideas and concepts with a willingness to try new approaches, responding positively to changing circumstances
- Strong interpersonal and influencing skills, as well as strong verbal and written communication
- Ability to gain acceptance of ideas and proposals in both formal and informal situations, using rational arguments and have the ability to compromise
- Ability to plan requirements and outcomes of a situation, detail specific milestones, activities, risks and resources required, and undertake on-going monitoring to ensure desired result
- Strong analytical skills, with the ability to present forecasts and to understand complex financial reports and figures
- A proven track record in managing a team, encouraging their professional development and their skill set to underpin the needs of the business
- A desire and interest in learning our diverse product ranges and the ability to understand the needs of our customers and our position in the marketplace
Please note that due to the successful candidate having access to both finances as well as customer/supplier data a DBS check is required.
What Safelincs can offer you
Safelincs can offer you the opportunity to join the UK's largest online fire and safety retailer. We will invest in you and provide you with promotional opportunities and career developments. You will be joining a committed and enthusiastic team that is driven to continually develop and offer customers new products and services.
Salary: Dependent on experience
Location: Alford, Lincolnshire
How to Apply
Please send your CV and covering letter to jobs@safelincs.co.uk.
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[metaDescription] => View details about the commercial and finance manager job vacancy at Safelincs and how to apply.
[metaKeywords] => Commercial and finance manager job, Safelincs jobs
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[TopBar] => We are looking for an analytically minded and highly organised manager with at least 5 years’ experience in Financial and Commercial roles to join our team. This role will support our growth by further strengthening our financial and commercial control of the business. You will also be involved in profit and cost optimisation as well as negotiations. You will have the responsibility of managing our finance team.
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