Director of Commercial Finance | Retail

2 weeks ago


London, UK, United Kingdom Agora Talent Full time

Are you a Commercial Finance Leader looking for an opportunity within a market leading Retailer?


This Retail Group have an acquisition-led growth strategy; and are now looking for a Director of Commercial Finance to partner with their Senior Leadership team across all brands; lead their commercial finance function; and take a lead role in potential future acquisitions.


Leading a commercial finance team of eight, you'll be accountable for...


New Business

  • Commercial due diligence and internal benchmarking of new business opportunities
  • Onboarding of any new acquisitions
  • Drive efficiency recommendations
  • Delegate ad hoc commercial judgement analysis throughout the team


Business Partnering

  • Engage stakeholders to enable regular reviews and change recommendations
  • Business Partner all areas with commercial negotiations and contract approval


Leadership

  • Lead and support the development and growth of your team
  • Role model leadership qualities and have the drive and motivation to inspire team to deliver
  • Work closely with internal and external teams to achieve functional success
  • Promote and maintain effective communication at all levels across the function ensure all colleagues are focused on brand and group-wide objectives


Investment

  • Ownership of investment approval process and payback reporting for all business areas


Management Information and Reporting

  • Report and provide commentary on consolidation of UK group figures including balance sheet and cashflow.
  • Support Head of Financial reporting on commercial judgement areas
  • Monitoring and consideration of various different stakeholder KPIs
  • Ownership of monthly board packs
  • Providing internal and external context on trends and KPIs vs targets
  • Ensuring core governance metrics are reported accurately
  • Developing and maintaining a risk and opportunity schedule


Budgeting and Forecasting


  • Ownership of the budget, forecast and 3YP cycle
  • Manage internal communications on assumptions, deadlines and reporting requirements
  • Ownership of balance sheet and cashflow forecasting
  • Stakeholder presentations


Sales, Margin and Stock Planning


  • Build relationships with the brand product teams to support decision making
  • Agree sales and buy assumptions with the Merch Directors to present to board
  • Influence and develop reporting on stock efficiency


About you...


  • Experienced Commercial Finance leader with Multi-Site Retail background
  • You'll be very comfortable with full P&L ownership - and will have the strategic nouse and modelling capability to lead on commercial due diligence.
  • You'll be a people-focused leader, with experience supporting ande developing a sizeable team.
  • Highly advanced modelling skills including building and working with an integrated and detailed P&L, Balance Sheet, and Cashflow model.
  • Experience of Business case preparation and sign off, contract review and negotiation
  • Extensive experience of Stock Planning including markdown spend, stock targets, sales plans and stock buys


NB: This is a full time role, requiring you to be in the office (London) three days a week.



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