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Senior Finance Manager - Commercial Food

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Job Description

Summary

This is not just any Finance team...this is the M&S Food Finance team

Fully woven into the DNA of M&S, our Finance team plays a fundamental role in setting the pace for our key business decisions, shaping our budgets, analysing our sales, managing costs and making sure our most vital statistics and data are absolutely accurate.

With a focus on adding new value to all business areas by helping them make data-driven decisions and understand what is driving commercial performance - it's our job to make sure the right tools, processes, governance, and ways of working are in place to support this.

We are looking for a highly motivated and commercially minded Senior Finance Manager to join the Food Commercial Finance team as Business Partner to both our Supply Chain and Beers, Wines & Spirits Leadership teams. This role is critical to deliver the ambitious Food Supply Chain transformation programme and to drive revenue and profit targets in our Beers, Wines and Spirits business unit.

What's in it for you

Being a part of M&S is exactly that - playing your part to bring the magic of M&S to our customers every day. We're an inclusive, dynamic, exciting, and ever evolving business built on doing the right thing and bringing exceptional quality, value, service to every customer, whenever, wherever and however they want to shop with us.

Here are some of the benefits we offer that make working for M&S just that little bit more special...

  • After completing your probationary period, you'll receive 20% colleague discount across all M&S products and many of our third-party brands for you and a member of your household.
  • Competitive holiday entitlement with the potential to buy extra holiday days!
  • Discretionary bonus schemes awarded based on how you achieve your personal objectives and our performance as a business.
  • A generous Defined Contribution Pension Scheme and Life Assurance.
  • A dedicated welcome to our teams with a tailored induction and a wide range of training programmes to develop your skills.
  • Amazing perks and discounts via our M&S Choices portal to maximise your financial and personal wellbeing.
  • Industry-leading parental, adoption and neonatal policies, providing support and flexibility for your family.
  • Access to a fantastic range of wellbeing support for all colleagues including access to our 24/7 Virtual GP and PAM Assist to support you and your family.
  • A charity volunteer day to support a charity or cause you're passionate about through a dedicated day away from work.

What you'll do

Your key accountabilities will include

Act as a senior leader in the Food Finance team, directly managing 2 analysts but demonstrating influence and impact across the whole Group

Supply Chain

  • Key member of the Food Supply Chain Leadership Team, business partnering the Food Head of Supply Chain. Identifying and driving end to end value creation for the Food Group and providing critical support to connect Commercial inputs across the buying teams, retail and logistics
  • Owning and leading the financial governance of large-scale business cases for all projects (e.g FOA/Stock Integrity) relating to the M&S Foods Supply Chain transformation programme. Ensuring project teams maintain financial rigour at every stage of project delivery, from initiation and business case creation, cost control throughout programme delivery, benefits realisation, and post implementation review

Beers, Wines and Spirits

  • Business Partner the Beers, Wines and Spirits (BWS) Head of Trade and Leadership team to deliver growth in revenue and profit. Providing support with supplier negotiations ensuring that we receive the right price, value and quality
  • Understand short and longer term performance trends against the market, budget and forecast through weekly trade reviews and monthly performance analysis reviews. Identify & manage Risks & Opportunities, highlighting to food leadership as and when they emerge to embed a 'no-surprises' culture in trading

Who you are

Your skills and experience will include

  • Qualified Accountant - CIMA/ACCA/ACA/CA
  • Commercial Business Partnering in a Retail or FMCG environment is desirable
  • Experience / understanding of sales to gross profit is essential
  • Strong Commercial acumen and business partnering experience
  • Ability to communicate with impact to senior management, business stakeholders and wider Finance teams

Everyone's welcome

We are ambitious about the future of retail. We're disrupting, innovating and leading the industry into a more conscientious, inspiring digital era. We're transforming how we work together and offering our most exciting opportunities yet. Marks & Spencer strives to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers. Join us and make change happen.

We are committed to building diverse and representative teams, where everyone can bring their whole selves to work and be at their best. We support each other and work together to win together.

If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don't hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.

#LI-Hybrid #LI-CP2

Senior Finance Manager - Commercial Food

M&S
London, UK
Full-Time

Published on 09/10/2024

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