The Role
At Hain Daniels we are currently recruiting for a Commercial Finance Manager working across our sites in the UK./ PURPOSE OF ROLE / USP's
Key Responsibilities
Reporting to the Head of Controlling, the Commercial Finance Manager manages the Commercial Finance Team, with 2 direct reports - Commercial Finance Analyst x2.
The role provides influential insight to the business, partnering with senior business leaders, primarily UK Sales Director, UK Finance Director, Heads of Marketing and Heads of Finance. The position supports and influences the business to make well informed decisions, driving topline revenue and bottom-line EBITDA.
The role is a pivotal contact for unlocking operating efficiencies, driving process improvements and challenging both the Finance team and the business to make improvements.
The role holder needs to have experience in leading people, project management and profit initiatives, preferably within an FMCG company with strong brands, operating in multiple categories and should have the energy and drive required to lead a high performing team.
The role guides the business to making effective commercial decisions based on robust data, thereby providing competitive advantage to the business, through greater understanding of our data, driving sales and margin improvement.
Position will complete miscellaneous projects as assigned.
Business Reporting
1. Attend regular meetings as representative of Finance function i) CMBR’s ii) Weekly Trading
2. Manage an aligned costing process for the UK, from procurement data, to cost calculation, through to invoice pricing for commodity increases and decreases
3. Lead the standardisation of process, enhancement of management information and analysis, including but not limited to merging divisional finance structure into functional, simplifying reporting and improving efficiency
4. Support IBP process including leading Integrated Reconciliation stage
5. Control the preparation, analysis and commentary relating to key sales performance indicators, including monthly presentation of financial results to UK Executive leadership team
6. Lead on the development and improvement of business models in conjunction with the finance team i.e. EBITDA by Brand / factory
7. Create scenario models, offering insight and clear recommendations. Drive simplification and automation of financial modelling.
8. Build strong relationships, trust, and credibility with senior stakeholders, acting as the financial advocate and providing guidance on profitability improvements
9. Collaborate as a proactive Business Partner with the Marketing team, understanding and improving reporting for Marketing & Advertising ROI
10. Collaborate with Finance department heads to ensure accurate, and timely data is fed into C&PF team, supporting the automation of processes where possible, while maintaining financial integrity
35%
Budget & Forecast Reporting
11. Lead "bottom up" Commercial budgeting alongside Sales Director, as well as forecasting processes - annually and quarterly - presenting to exec and group
12. Detailed challenge and review of budgets and forecasts with Sales controllers and Sales Director
13. Lead 3 year financial planning, designing model and driving assumptions
14. Strategic input into the direction of the UK business
15. Maintain "short term" forecasts
16. Decision support - scenario analysis and what ifs
17. Risks and Opportunities tracking from inception to delivery, and post implementation
18. Develop then lead monthly financial planning and analysis sessions with Sales Controllers to provide accurate forecast for use in CMBR meetings.
35%
Systems
19. Support the successful development and embedding of the new sales forecasting system, ensuring the tool can be utilised by commercial finance for effective reporting and business planning
20. Lead the automation of regular reports through the development of a B.I environment, challenge other business functions to deliver resources needed
20%
Training & Performance Management
21. Develop financial acumen within direct team and non-financial colleagues
22. Develop and nurture strong relationships with internal stakeholders / customers and generate insight to support and where necessary, challenge proposed procurement strategies
23. Build and drive personal development plan in conjunction with line manager
10%
Technical/ Other Competencies
Description
Execution Skills/ Project Management
Ability to complete assigned goals and priorities of varying complexities. Experience of managing multiple tasks, completing priorities and conflicts; producing value added results, both as part of a team and individually
Communication, Influencing, Persuasion
Oral, written communication skills; able to address both small and larger groups; senior management presentation experience; ability to influence, persuade, convince and align stakeholders to ideas and direction
Problem Solving Approach & Methodology
Experience with problem solving situations; includes approaches used, tools, tactics used; managing for effective outcomes
Analysis Skills
Advanced Excel, ability to consider a situation and propose methods to understand it more effectively through data and numbers
Strategy Development, Innovation, Invention
Ability to use multiple inputs to establish direction; ability to set a pathway and establish a plan to achieve; critical thinking and creativeness to invent or re-engineer approaches; innovative, out-of-box thinking
Initiative/ Intuition & Entrepreneurial skills
Ability to independently evaluate, assess and initiate action; recognition of positive and negative impacts of actions, decisions other market forces on business and people; application of ideas and insight into daily work practice
Data, Process Analysis, Opportunity Assessment
Identification and quantification of business improvement, cost reduction and value add opportunities; includes utilization of tools, tactics and resources to leverage data; structure, framework and process to develop and propose opportunities
Continuous Improvement
Experience identifying, leading and managing continuous improvement efforts; structuring successful supplier relationships; addressing corrective action efforts; exposure to quality/ improvement philosophies and relevant applications
Relationship Management/ Collaboration
Developing trust from stakeholders and suppliers. Aligning people behind ideas and concepts; influencing and achieving outcomes through other groups. Resourcefulness, relationship development, tool utilization, and experiences of working with others to accomplish objectives through other groups. Resourcefulness, relationship development, tool utilization and experiences of working with others to accomplish objectives; proactively seek others for feedback, interest; sharing knowledge; inclusion and involvement
Interpersonal Contacts
Internal Contacts
All departments at levels of management
Finance Teams across the business. Cross functional supply chain teams.
Daily
External Contacts
Data and Finance institutions
Understand market trends (food and commodity)
Daily
Hain Daniels Values
Ambition and Energy
“Reach For The Stars”
24. Do the best you can every day
25. Sets challenging objectives
26. Creates focus to achieve objectives
27. Demonstrates a Can Do attitude
28. Is proactive and looks ahead
29. Uses initiative to develop own skills
30. Challenges self to go outside own comfort zone
31. Celebrates success amongst team colleagues
Collaboration
“Teamwork makes the Dream Work”
32. Engages others in a common goal
33. Works together towards shared goals
34. Encourages input from others
35. Seeks to understand others’ priorities
36. Breaks down cross-functional barriers
37. Encourages visibility/knowledge of our sites
38. Shows empathy with people in all divisions
39. Builds relationships across divisions/teams
Honest Open Communication
“Keeps it clear, transparent and real”
40. Keeps communication simple
41. Explains the ‘Why’ as well as the ‘What’
42. Communicates key messages in a timely manner
43. Listens actively to others
44. Welcomes honest communication
45. Provides constructive, non-emotive feedback
46. Is prepared to have a difficult conversation
47. Treats private issues confidentially
Innovation
“Create the future”
48. Challenges the status quo
49. Seeks better ways of doing things
50. Researches new ideas and solutions
51. Pushes the boundaries
52. Encourages people to share ideas
53. Creates engagement to implement new ideas
54. Empowers others to try something new
Excellent Quality
“Meet expectations with pride”
55. Seeks to understand task requirements
56. Probes deeper to identify the issues
57. Keeps own customer front of mind
58. Applies best practise
59. Plans major projects with key stakeholders early
60. Delivers what is required Seeks feedback from key stakeholders
61. Challenges any shortfalls in quality
Versatility
“Wears Many Hats”
62. Is willing to change
63. Is flexible to perform other roles/tasks
64. Adjusts own approach to the situation
65. Is open to constructive feedback
66. Is keen to gain new skills/experience
67. Expands own comfort zone
68. Shares own knowledge/experience
69. Encourages and coaches colleagues
Equality
“Respect each other all the time”
70. Shows respect to everyone
71. Treats everyone fairly
72. Provides equal opportunities for all
73. Appreciates the value of different experience
74. Establishes the facts before making decisions
75. Ensures consistency in policies/procedures/actions
76. Fosters an inclusive environment
SECTION 6 – CONDITIONS OF ROLE
Travel requirements, site specific/multi-site, Physical conditions i.e. Hot/Cold, indoors/Outdoors, hazardous, etc.)
Home office ideally Histon or Leeds Thorpe Park
Frequent domestic travel between HD UK sites.
What can we offer you?
77. Competitive salary / rate of pay
78. 25 days annual leave, plus 8 Bank Holiday
79. Option to purchase additional annual leave
80. A day off work to support our charity partners
81. Flexible working options
82. Pension
83. Medical benefit
84. And access to a HUB that offers many discounts from a range of suppliers and retailers
About Us
The Hain Daniels Group is one of the UK's leading food companies. We create food and drink products with natural goodness at their core. We're the business behind a host of household brands - Hartley's jams and jellies, Sun-Pat peanut butters, New Covent Garden Soup Co., Linda McCartney's meat free food, and Yorkshire Provender to name a few. Nearly half of our business is private label - we create quality freshly prepared fruit and juices, desserts, soups, sweet spreads and meat free products for our retail partners.
Our Vision
To make it easier for everyone to lead a healthier, balanced lifestyle. Without our great team of people, this vision couldn't be our reality.
Top Talent across the UK
Over our sites up and down the UK, we employ circa 1,200 people in roles within Production, Supply Chain, Product Development, Sales and Marketing, and through to our Finance, HR, IT and beyond. Each of our colleagues is vital to our continued success. That's why we target the best talent, and help to develop them through the ranks. In fact, almost a third of our vacancies were internal promotions and transfers last year.
Our Business behaviours
As a business we strive to promote from within and our underlying business behaviours really enable us to drive this strategic objective. We believe we can provide an opportunity for all individuals to grow and achieve with Hain Daniels through demonstrating core behaviours such as ambition & energy, collaborative working, honest communication, innovation, delivering excellent quality, embracing versatility and equality
If Hain Daniels sounds like the company you'd like to contribute your energy and enthusiasm towards, and come on an exciting journey with us, then we can't wait to hear from you!
Qualifications Benefits Not Specified