Head of Commercial Finance
Hereford, England, United Kingdom
Type: Permanent
Working Pattern: Hybrid working (3 days required on site)
Who Are we?
MandM is one of the biggest employers in Herefordshire and one of Europe’s leading online, off-price retailers, selling branded Fashion, Sport & Outdoor products for Men, Women and Children.
We offer our customers fantastic value by partnering with companies who we have built long term relationships with, enabling us to offer our customers big household names and up-and-coming brands, giving fantastic value all year round.
We are located in the heart of Hereford City Centre in our brand new, state of the art office. The modern, stylish workspace was designed to encourage collaborative working, teamwork and creativity - everything that MandM is all about.
As our business continues to grow we are recruiting for a talented Head of Commercial Finance to join our growing team.
Why not come be a part of our journey to success and take advantage of all MandM can offer you!
More than a role
✨ Competitive Salary: Your talent deserves recognition
🏆 Company bonus: We succeed, you benefit
🚀 Career Growth: Opportunity to grow
🎁 Staff Discounts: Stay stylish with our exclusive discounts.
🏦 Company Pension: Secure your financial future.
🏖️ Generous Holiday Allowance: Enjoy 5 weeks of well-deserved breaks. You even have the option to buy an extra week
🎁 Birthday Delight: Take your special day off to celebrate YOU
🚗 Free Parking
💊 Health & Wellbeing programme; we’ll look after you
The Role Scope
As a key member of the finance team, this role takes ownership of all commercial finance, financial planning, financial analytics and management accounting. As the primary finance owner of trading costs in the P&L (north of £100m), the role will support and drive business decision making, business partnering with senior stakeholders across the business. The position will lead and manage 1 qualified and part-qualified accountant and work closely with the financial control and purchase ledger teams. The role also works closely with the Data team to ensure that data and systems are used to deliver accurate financial information and the optimal level of business insight and business efficiency.
✨Role key responsibilities
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Be the finance lead for key business functions, predominantly Operations, Customer and HR but also Buying & Merchandising.
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Help to define and refine business KPIs ensuring they are monitored and understood across MandM.
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Drive and deliver commercial analytics across the P&L to support decision-making and identify opportunities / risks.
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Oversee the Senior Finance Business Partner aligned to Operations and understand costs, KPIs, opportunities and risks.
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Oversee the finances of the EU warehouse operation ensuring 3PL performance is understood.
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Business owner of all Postage income working with Customer and Operations team around pricing and profitability
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Support capex and opex requests including new contracts / contract renewals through investment appraisal including costs / benefits
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Ownership and preparation of budgets and forecasts, including bringing together all financial information
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Lead update and refinement of MandM’s 5 year plan.
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Drive the Finance team to utilise all available data tools to enhance effectiveness and work closely with the Data team to realise data opportunities impacting both Finance and the wider business.
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Ownership of key P&L lines and accountable for parts of the balance sheet.
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Management of the preparation, content and distribution of Management Accounts
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Oversee month end reporting, management accounts prep, Group and Board reporting.