Bakery Commercial Finance Business Partner

Bakery Commercial Finance Business Partner 

Location: Ideally Newark (Hybrid working) however can work from any Bakkavor site 

Working Hours: Monday to Friday – 37.5 hours per week 

Contract Type: Permanent   

Salary: Competitive plus pension, healthcare and up to 10% bonus 

We're the biggest name you've never heard of. You've probably eaten our food - you just didn't realise it. We make innovative fresh products, with around 18,500 colleagues working across the UK, US and China. We’re the market leader in the UK fresh prepared food industry supplying meals, salads, desserts, pizza and bread to leading grocery retailers (including Tesco, M&S, Sainsbury's and Waitrose). We’re ambitious. We’re full of ideas. And we’re ready for more people who share our values and passion for quality to join us. 

Commercial Finance Business Partner 

We’re proud to offer you a career with real scope for development. To reward your hard work and ambition as a talented Commercial Finance Business Partner with plenty of support and opportunity. And empower you to drive your own success and create a career you can be proud of too. 

The role: 
This role will support the Commercial Finance Business Partnering team within the Bakery sector (£800m MSV), acting as a conduit between all stakeholders across the matrix (Site  and Customer). 

Acting as the financial conscience for commercial decisions within sector, this role will assist with relevant analysis and financial insight to inform decisions on a timely basis. 
 
Duties will include: 

Customer Champion 

• Play an integral role supporting the Commercial Controllers and Commercial Managers with any relevant customer finance interaction.   

• To build strong relationships with the Commercial team and act as their financial conscience and business partner. 

Commercial Forecasting 

• Support the commercial forecast review process for the Bakery sector. 

• Ensure clear, relevant bridges and sensitivities exist which clearly tell the story. 

• Underpin the forecast with robust commercial scorecards in place. 

• Ensure that all stakeholders understand the key forecast drivers and ensure forecast accuracy is constantly challenged. 

Commercial Appraisals & Decision Making 

• Support timely appraisal of Bakery sector commercial decisions, using consistent models and analysis where appropriate. 

• Work within the control framework agreed by all key stakeholders.  

• Ensure that feedback and evaluation of these decisions becomes the norm so that the Business can learn moving forward. 

Commercial Control & Compliance 

• Ensure a clear, standardised framework of control is in place (with RACI’s where necessary) to ensure that all commercial decision making is compliant with UK finance policy. 

• Ensure that all models, outputs have the same look and feel across the UK so that business partners see clear and consistent approach to decision making. 

Commercial Reporting 

• Clear, accurate and timely commercial reporting in place; into site (commercial BRM); into Commercial (Forums); into the Group (commentary, EBITDA recs). 

• Provide clarity and insight into the commercial story coming through the EBITDA Rec. 

• Working with the Commercial Finance Insights team, ensure the robustness of information sent out centrally. 

Commercial Margin Analysis & Improvement 

• Help to deliver a robust process for understanding actual margin. 

• Understanding the key changes to margin dynamics. 

• Support communication of actual margin position across the sector. 

• Work with Commercial Finance leads to develop plans to drive margin position forward. 

• Work with the customer and sector teams to ensure that a pipeline of sales & margin improvement initiatives are in place for all retailers.   

• Where necessary support with corrective action plans to bridge any gaps against expected delivery. 

About You: 
You will have a good understanding of Commercial principles such as MSPs, margin, mix, forecasting etc and experience in Commercial modelling such as overrider/rebate accruals, commodity tracking. 

Ideally studying towards Professional Accounting Qualification (e.g., ACA, ACCA, CIMA) or fully qualified. 

What you can expect from us 

When joining us you can expect a highly competitive rewards package including group pension, bonus, private medical insurance, and other flexible benefits - alongside excellent career progression prospects across the Bakkavor group. 

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