Group Commercial Finance Manager

6 days ago


Manchester, United Kingdom Novacyt Group Full time

Job title: Group Commercial Finance Manager

Reports to: Head of Group Reporting

Location: Manchester Science Park

Contract Type: Full-time, Permanent

Salary & Benefits: Competitive Salary + Benefits Package


About Novacyt:

At Novacyt, we pride ourselves on concentrating our expertise on specific market needs. Offering a comprehensive and developing portfolio of quality products, backed by proven supply and delivery services, to ensure the highest possible standards of customer service around the world.


Our passion is for customer-centric solutions that advance the science behind diagnostics. This fuels our drive to deliver products that save lives and help in the fight against infectious disease. We offer an increasing portfolio of in-vitro diagnostic tests, utilising molecular and protein detection technologies – supporting healthcare and disease prevention across the globe in the clinical and life science sectors. Deep strengths in product development, commercialisation, contract design, and manufacturing ensure quality products and robust supply.


Description of role:

We have a fantastic opportunity for a Group Commercial Finance Manager to join our finance team team on a full-time and permanent basis. This role is based at our Manchester offices located at Manchester Science Park.


Overall responsibility:

The Group Commercial Finance Manager for Novacyt UK Holdings Ltd, supports the Head of Group Reporting and the sales team. The successful candidate will be responsible for preparing weekly and monthly revenue reports, calculating and reviewing sales commissions, product costs analysis, and supervising the accounts receivable function. This role is an integral part of the Group Finance team and will work closely with VP of sales and customer service team to drive the business.


Key areas of responsibility:

  • Be a true Business Partner to the commercial teams.
  • Provide weekly and monthly revenue reporting, as well as other requested reports.
  • Prepare the revenue disclosure notes for the interim and annual accounts.
  • Prepare the trading update.
  • Monitor the revenue month-end closing progress.
  • Advise on revenue recognition criteria and accounting treatment.
  • Calculate and review the sales commission quarterly.
  • Participate in the pricing committee.
  • Conduct weekly meeting with all VP of Sales and present in the monthly sales scrum meetings.
  • Analyse the cost of products.
  • Supervise the credit controller for the accounts receivable function.
  • Maintain customer information such as assigning credit limits.
  • Implement transfer pricing policy.
  • Preform ad-hoc tasks as required.


Qualifications, Skills and Abilities:

  • Degree in Finance, Business Management or similar.
  • Minimum of 5 years industry experience.
  • Proficient in Excel.
  • NetSuite experience preferred.
  • Excellent communication skills to influence a diverse stakeholder group.
  • Proactive and able to take a flexible approach.


Closing Date:

Sunday 15th December, 2024


Novacyt Group is committed to encouraging equality, diversity and inclusion among our workforce. The aim is for our workforce to be truly representative of all sections of society and for each employee to feel respected and able to give their best.



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