Commercial Finance Job Description

Commercial Finance Job Description

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Commercial finance provides decision support for finance management related to plan, results reporting and forecasting; provide support to regional sales finance teams in areas of reporting, financial tools and systems, managing input templates and consolidating region inputs for review with management.

Commercial Finance Duties & Responsibilities

To write an effective commercial finance job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial finance job description templates that you can modify and use.

Sample responsibilities for this position include:

Regularly reviewing and creating an analytical assessment of the on-line arm of the business including results against forecast/ plan
Provide business and financial analysis on the performances of all project sites, and recommend new initiatives/propose cost optimization opportunities in supports of each region financial goals
Produce reporting to local management and Division to support decision making
Balance Sheet management - accruals, prepayments, Unbilled/ Deferred Income & Inventory reporting
Exception reporting and investigation
Interact with Marketing leadership team to review actual results and variances to budgets and forecast
Advise on opportunities to reduce costs, investigating variances further
Support the FC and Operations Directors with business cases
Manage the entire UK planning process for the full P&L, including operating plans and long-term forecasts
Key business partner with the marketing team, looking at pricing and promotional strategies

Commercial Finance Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Commercial Finance

List any licenses or certifications required by the position: CPA, CMA, AFSB, UCC, MBA, PMP, RE5, FAIS, FSB, NQF

Education for Commercial Finance

Typically a job would require a certain level of education.

Employers hiring for the commercial finance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, MBA, Business/Administration, Economics, Education, Engineering, Professional Accounting, Graduate

Skills for Commercial Finance

Desired skills for commercial finance include:

SAP
Reporting
Financial analysis
Finance and accounting practices
Excel
Relevant finance tools and systems
Reporting and evaluating alternative financial scenarios
Results
Techniques for exploring
Tools

Desired experience for commercial finance includes:

Detailed business performance reports for seniority including an insight into the drivers of business performance
Ensure the internal controls and processes comply with legislation
Validate accuracy, consistency and relevance of PM information, Sales, cost of sales, GM, cost wedge and business pipeline In SFDC
Accountable for the implementation of mass price increases
Degree (in accountancy/finance is preferable)
CIMA/ACCA/ACA part qualified or newly qualified

Commercial Finance Examples

1

Commercial Finance Job Description

Job Description Example
Our company is looking for a commercial finance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial finance
  • Be able to communicate complex investment strategies (eg freehold vs leasehold) and investment calculations
  • Fixed fee Schedule - Ensure accuracy and timely submission to the client on a monthly basis
  • Compensation Events - Track and drive to closure changes to the fixed price contract, ensuring compensation events/change notices are accurately reflected in the Fixed Price Contract
  • Variable Billing - Manage the Service Lines to ensure variable billing is accurate, client friendly and maximises the recoverability against the contract
  • Management of debt to ensure all invoices paid to contractual terms
  • Monthly preparation of key financial data for inclusion on the monthly client Board Pack
  • Hold monthly service line reviews to understand performance and to drive profitability
  • Act as key business partner to commercial team, project team and regional management team
  • Assist regional management team and project team in setting up rolling forecast, annual budget process
  • Work closely with supply chain, project team and IT to standardize policy, establish procedures and automate analysis reports across regions
Qualifications for commercial finance
  • Detail-oriented combined with solid data interpretation
  • Ability to influence key business strategies and initiatives
  • CPA/ACCA/MBA preferred
  • Travel up to 10 to 15% of work time under normal conditions
  • Familiar with Chinese GAAP and IFRS standard
  • Familiar with domestic economic law and government policies such as SAFE policies, tax regulations
2

Commercial Finance Job Description

Job Description Example
Our company is growing rapidly and is looking for a commercial finance. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial finance
  • Assist in monthly financial analysis and reporting for Power Generation
  • Participate in “best practice” efforts to improve reporting and analysis for the function
  • Assist in monthly business forecasting process and related reporting
  • Working with the Operations team to collect and analyse operational data and ensure that operational factors (synergies, integration costs, ) are reflected in forecasts
  • Perform scenario analysis of different plan structures to determine the optimal plan for the business
  • Support the legal and HR teams to create the language and financial backup in the official SIP contracts
  • Create baselines for every salesperson's quota
  • Ensure the sales team understands their plan and drivers incentive payouts
  • Create/Maintain schedule for monthly incentive cycle
  • Perform the monthly calculations for incentive payouts and conduct reviews with leadership team
Qualifications for commercial finance
  • A qualified Senior Finance Manager - with 'blue chip' commercial, multi site experience £100m+ t/o co's
  • Hands on track record
  • Ability to analyse and present financial data
  • Keen interest in films
  • Part / Qualified accountant with high level of commercial acumen
  • Analytical mindset with ability to understand, challenge and inform on investment decisions
3

Commercial Finance Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of commercial finance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commercial finance
  • Provide estimate and actual analysis on Service P&L (Revenue to CM) through deep-dive analysis on each cost category
  • Support monthly closing by performing QTD margin analysis, sales validation, and linearity analysis along with follow up and tracking of bad debt risk customers
  • Perform profitability analysis on Service P&L by segment and by product
  • Manage month-end close in timely and accurate fashion
  • Present month-end numbers at meetings with insightful commentary being responsible for meetings continuous improvement and enhancement
  • Play a key role in evaluating business performance and offering advice on the future direction to achieve business targets and KPIs
  • Strong working capital management and focus
  • Support the monthly forecasting and annual budgeting exercises for Project cost centres (value added services)
  • Business partner with the sales engine to provide partnership, challenge and drive deal shapes
  • Provide oversight to the billing team to ensure timely & accurate customer billing
Qualifications for commercial finance
  • Highly analytical approach to work
  • Support development of customer strategy, making sure thinking is understood and bought in to by Customer Directors
  • Support live customer negotiations, providing objective and pragmatic support while ensuring the outcome maximises value for the company AND Retailer in the short and long term
  • Retail experience would be preferred but not essential
  • Strong data analytical skill is required
  • Minimum Degree Qualification with preference Finance and or Accounting major
4

Commercial Finance Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of commercial finance. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial finance
  • Coordinate reporting to Finance and Sales teams, as needed
  • Regular financial reporting and metrics
  • Help drive the Marketing annual operating expense and revenue budget planning process
  • Support the Sr Finance Manager, APAC and APAC management team in preparing prepare short, medium and long-term strategy and financial forecasts
  • Support FP&A team & Sr Finance Manager, APAC with the regional financial planning and forecasting process
  • Responsible for completion of all tasks assigned as part of the monthly close process
  • Complete monthly Accounts Receivable (AR) tasks
  • Active involvement and business partner support for regional managers
  • Support for the scoping and completion of improvement projects
  • Analysis of new product financials through strong cross functional collaboration, developing system value chains and provide recommended options on pricing, margins and incidence rates
Qualifications for commercial finance
  • 6-10 years total Finance experience, preferably in a high growth environment
  • Fluent knowledge of the main elements and drivers of income statement, balance sheet and statement of cash flow
  • Proven ability to evaluate and solve complex problems and understand the strategic implications of different business approaches
  • Exceptional interpersonal soft skills, able to establish strong rapport and partnerships at all levels of the organization
  • Superb written communication and project management skills
  • Outstanding commitment to accuracy and quality while meeting multiple goals or deadlines
5

Commercial Finance Job Description

Job Description Example
Our growing company is looking to fill the role of commercial finance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commercial finance
  • Provide feedback from the monthly review meetings to the management accounting team to facilitate delivery of accounts to the required standard and accuracy
  • Working with the Head of online business to integrate new online acquisition
  • Responsible for the design, implementation and monitoring of the the stakeholders Bonus scheme
  • Lead on developing investment cases
  • Project work as allocated by the Group Finance Director or Head of Operations
  • Own the portfolio from a forecasting and annual planning perspective, ensuring theatre financial targets are met
  • Review and approve partner investments, associated contracts and local partner payments
  • Engage with finance and the APO and GPO teams to drive contra portfolio evolution and strategy
  • Lead the governance efforts for the Americas portfolio, teaming with others to maintain robust accounting and business compliance
  • Support the EMEAR Partner Organization on all financial matters
Qualifications for commercial finance
  • Explorer/Discoverer/Hyperion/Essbase
  • Working knowledge of Aerospace and Automotive commercial markets and forecasting process is preferred
  • Must be fluent in English and Japanese both
  • Confident, accountable and solution focused
  • Proven history of leading cross functional teams the ability to build organizational relationships with customers, peers and operating partners
  • MSc in Economics/Business Administration/Finance

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