Commercial Finance Manager

Found in: beBee jobs GB - 2 weeks ago


Edinburgh, Edinburgh, United Kingdom Sainsbury UK Full time
Location - Hybrid working with base location options of Edinburgh, London, Manchester, Coventry or Widnes.

In a Nutshell

We are looking for a Commercial Finance Manager who has the skills and expertise to act as the primary interface between the Finance and Insurances product team.

Providing support to the Insurances product teams you will offer a high degree of financial analysis and challenge where required.

This role is much more than maintaining existing products, you will be actively involved in helping to share the future of what our products look like through being a key business partner and providing reliable and timely financial plans to support business planning, pricing decisions, business cases and ad hoc papers.


What you need to do

Support & Challenge - will be responsible for providing financial support and challenge on current and future business performance and plans.

Working independently and using judgment and subject matter expertise will work with the Insurances businesses to shape future business performance and product strategy.

Responsibility will include month end P&L reviews, NPV preparation and analysis, KPI analysis, income patterns, new product development / investment appraisals and preparation of relevant PMC papers).

Planning - Co-ordinate and process information from various sources to ensure the delivery of all aspects of the annual planning cycle and regular forecasting processes.

In addition drive the understanding of the ongoing risks and opportunities in the product and how this impacts on the full year out turn projections.

Challenge assumptions - through analysis of trends and other MI available combine with judgment and product expertise to deliver realistic, challenging and balanced forecasts and budgets.

Scenario planning / desktop forecasts - develop models and best practice to assist the business in measuring impact of changes to the budgeted balance sheet and P&L positions.

Working with other finance teams, update and reforecast changes to products as a result of margin, commission or cost changes to support the forecasting and planning processes.

Financial Analysis/Commercial Support - Using output from existing models and developing new models provide product managers with financial information to assist in strategic or pricing decisions and any business cases.

Review and provide challenge to these business cases/pricing decisions ensuring delivery of financial results set out within the Banks wider strategy.


Relationship Management - act as primary point of contact within finance for your product area. You will be responsible for ensuring that business developments are shared with appropriate finance colleagues and are financially robust.

Lead, manage and coach - across wider team.

What you need to know and show

Strong financial modelling and commercial experience (a prior knowledge of financial services would be advantageous but not essential).

Well organised and able to prioritise workload in line with tight deadlines and work effectively under pressure.

Highly numerate, with excellent analytical and problem-solving skills and attention to detail (including excel knowledge).

Excellent team player demonstrating strong relationship management skills with an ability to work cross-functionally with others to deliver results.

Customer focused.

Proven track record of working on own initiative, demonstrating an ability to think and reason logically with the ability to introduce fresh thinking to the role and the wider team.



Communication:

excellent written communication (business and project reports) and an ability to communicate effectively across all levels of the organisation, e.g.

able to translate complex / technical issues to meet the audience's competency level.

Please note this position may close early if a suitable candidate is located.

#LI-MY1
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