Junior Commercial Finance Analyst

Job Description

A returning client of ours in the FMCG industry is seeking a Junior Commercial Finance Analyst to join their team at Head Office. This role will support the Commercial Finance Team in monitoring and understanding the business performance,providing key reports, review and insight.Key responsibilities:Pricing: Ensure contract prices are accurately uploaded in SAP and manage and maintain the pricing agreements between our Retailers and Sales team. Review and communicate pricing claims to the business and work collaboratively with Finance/Sales to how these can be reduced. Create reporting processes to enable insight on current pricing set up to ensure accuracy in both our forecasting and actuals, reviewing and highlighting issue areas with Finance analysts.Trade Spend Activities, Promotional and Residual Funding; and Year End Rebates: Post monthly trade spend accruals, ensure promotional and residual accruals are timely and correctly set up in SAP, process invoices and update balance sheet reconciliations. Ensure year-end rebate terms set up in SAP reflect the latest trade agreements with customers, process invoices and update balance sheet reconciliationsRebate Management Process Manage the interface of rebates from Promax to SAP, ensuring proactive management of issues that need to be resolved Lead management of daily rebate interface errors, resolving issues and involving Finance analysts where appropriate Lead Rebate risk meetings with Finance Analysts, highlighting areas of under-accruals, proposals for alternative rebates and flagging any concerns on assumptionsSales & Brand Controlling: Update templates and provide back-up for monthly Financial Account Reviews and Brand Performance Meetings. Ensure that account review file is fit for purpose for each account, working collaboratively with the Finance analystDaily and Monthly Reporting: Send out Daily Sales Report and MTD GP tracking, analysing material daily movements in GP and providing insight to the Commercial Finance team of the drivers and drainers Submit monthly sales data split by International Product Attributes and International Customer Attributes to Group and send out a summarized report to the Commercial Finance team Ownership of month end calendar update and task allocation, sending out key month end reports, supporting the FP&A manager on the WD2 submission and running the month end comment and BI tablesThis roles requires the individual to build and maintain relationships with key contacts: Finance, Sales, Marketing, IT and Supply Chain. The company is offering excellent company benefits including hybrid working 3 days office based and 2 days from home,free parking on site, study support as ideally seeking CIMA or AAT studiers, and other great flexible benefits.Ideal candidates will have the following: Studying towards an accounting qualification such as AAT or CIMA preferred At least one year of Commercial Finance experience Strong communication/presentation skillsshould be able to communicate effectively with people from both financial and non-financial backgrounds Be performance driven, tenacious and goal orientated Excellent planning and organisation skills, with good attention to detail Able to build solid relationships Good knowledge of Excel, experience of accounting systems - SAP, TPM and Cognos preferablePlease call Vinny Basra at Reed Accountancy the Staines/Hounslow office