Commercial Finance Analyst Job Description
Commercial Finance Analyst Duties & Responsibilities
To write an effective commercial finance analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial finance analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Commercial Finance Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commercial Finance Analyst
List any licenses or certifications required by the position: CPA, CMA, MBA, SAS, CA
Education for Commercial Finance Analyst
Typically a job would require a certain level of education.
Employers hiring for the commercial finance analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Business, Economics, Business/Administration, Education, MBA, Engineering, Graduate, Professional Accounting
Skills for Commercial Finance Analyst
Desired skills for commercial finance analyst include:
Desired experience for commercial finance analyst includes:
Commercial Finance Analyst Examples
Commercial Finance Analyst Job Description
- Responsible for the budgeting and forecasting process, including agreeing assumptions with the Business, overseeing input of financial data and assumptions into Finance systems, and gaining Business “sign-off”
- Communication of Budget/Forecast assumptions and outputs to the wider Finance department and the Business “Heads of”
- Input to Budget presentations and narratives, including strategic and category analysis, yield, agency impact
- Comparing and analysing actual results against plans and forecasts
- Improving financial status by analysing results
- Maintaining SQL database by entering, verifying, and backing up data
- Preparing reports based on this analysis
- Assist in the provision of commercial advice/direction, risk analysis and assistance with dispute resolution to internal customers in relation to vendor and contract management
- Work with key business owners and managers in determining/developing expectations from the vendor market
- Any experience in the medical manufacturing space is a plus
- Likely to hold numerate degree as minimum
- Experience of pricing preferred but not essential
- Professionally fully qualified in area of expertise with proven commercial experience
- Focus on key messages and communicate these in a clear way to diverse audiences
- Ensure adherence to internal controls and implements policies & procedures to reinforce compliance
- Design and construct complex & interactive models relevant for decision making support
Commercial Finance Analyst Job Description
- Prepare any year end rebalances reviews and conduct thorough due diligence of any significant variances or anomalies that may occur
- Provide other ad-hoc analysis as needed
- Assist in cost/benefit reviews for all strategic initiatives
- Control of payroll budget for all stores
- Ensuring strong cost focus over the Retail overhead cost centers including Marketing, Retail Field team and Buying/ Planning
- Maintaining master data, including PCR and FMIS changes
- Maintaining accurate tracking of all operating leases across the group
- Develop and manage the sales incentive plan for the US and Canada from inception through completion
- Work with leadership to develop the structure of the plan to optimize the strategic initiatives of the business
- Design the plan to support sales and margins that drive increased profitability of the overall business unit
- Proactively provide alternative scenarios to address specific business and finance issues
- Perform advanced and complex analysis tasks on large and incomplete data sets
- Explain and quantify trends and patterns in data
- Present conclusions clearly to a financial & non-financial audience
- Be flexible and balance competing demands and conflicting priorities
- Adapt communication style for particular audiences to influence others to deliver results
Commercial Finance Analyst Job Description
- Continuously monitoring of, and reporting on, the external marketplace to feed into team processes and outputs
- Be known as a SAP Business Warehouse (including Bex / Webi) expert throughout the business
- Overarching objective to reduce Commercial Finance Business Partners’ time spent on reporting to allow improved customer focus
- Variance analysis and reporting on actual results vs
- Production of internal reporting and commentary to help management run the business
- Maintain official incentive folders
- Manage all field related questions regarding payouts and how they were derived
- Report out monthly on the performance of each salesperson against quotas
- Perform close-loop analysis on plan performance to determine what worked and what didn't and implement changes accordingly
- Special projects and analysis as needed
- Provides analytical support during month end and quarterly processes
- Have strong communication skills in a cross-cultural environment
- Lead new product launching from a financial point of view
- Assist with the budgeting process and provide detailed financial insight and analysis
- Lead Trade Finance process, including bank guarantee, LC review
- Very strong focus on accuracy and quality of information provided
Commercial Finance Analyst Job Description
- Data analysis for CFM EPM and Finance Business partners (depletions, stock, historic data)
- Support Commercial team, Marketing Team and Commercial Finance Manager in driving great Business Performance through
- Proactively track performance versus target and
- Channel/Region P&L outlook projection and R&O
- Preparation of monthly Commercial Dashboard report and commentary
- Preparation of monthly and quarterly financial reports for Channel/Region and Category
- Bring financial insights by identifying & tracking key metrics
- Provide financial support on indirect channel… Dealer performance analysis, dealer inventory review, dealer price
- Communicating and liaising with business and finance colleagues to investigate performance, develop opportunities, maintain alignment and share information
- Analysing financial and business data and information using a variety of proven statistical and other analytical techniques to determine causality, significance, business impact or implications and developing advice or recommendations
- One of the great global confectionery brands
- Additional experience on advanced level in FP&A Operations will be an advantage
- University or college degree in Business/Finance
- 2 years relevant work experience in finance (RTR, Corporate Finance, Finance Systems& Data, etc)
- Financial modelling skills is an asset
- Good numerical and computer literacy skills
Commercial Finance Analyst Job Description
- Monthly reporting of Business Unit results
- IT Literate with extensive knowledge of Microsoft Excel
- Contributing to a wide variety of projects and initiatives potentially including internal reviews, development initiatives and corporate transactions
- Running and/or contributing to the development of financial models, forecasts and analytical processes to meet business needs
- Promote and drive data integrity and one version of the truth within Dunelm’s MI catalogue
- Develop intra report checks and balances and monitor data consistency
- Target reduction in report volume
- Supporting BAU and Strategic projects considering potential MI requirements
- Support User Acceptance Testing of new IT developments and oversee testing programmes
- Ad-hoc analytical tasks and supporting in-depth data-mining activities for colleagues/ customers throughout the business
- Requires a candidate with advanced Excel and analysis skills to enhance the business, bringing insight and innovation
- Solid SAP and financial database experience (COGNOS knowledge is an asset)
- MS Office (MS Excel, Outlook are essential)
- Provide business partnering support to the Ukraine Country Commercial Finance manager in order to drive performance of the business through financial analytics behind the topline growth and profitability of the system
- This global role is very fast paced and requires an incredible amount of agility, speed without sacrificing accuracy, and a strong ability and comfort working effectively under pressure
- The candidate will work very globally and cross functionally with the regional finance teams and executive leadership, so effective communications skills, both verbal and written, are crucial