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Commercial Finance Manager

The Commercial Finance Manager will be responsible for the financial support, management and governance of Global Accounts sales, contracts and portfolio. Reporting directly to the Group Commercial Finance Business Partner with a dotted line to the Global Accounts VP, this role will have day to day interaction and involvement in Global Accounts commercial reporting, pricing and decision making. Working closely with the Global Accounts lead, sales teams and key stakeholders, this is a pivotal role in ensuring the business grows the global accounts portfolio of agreements whilst maintaining margins.

Responsibilities:

● Global Accounts sales reporting process review & ownership

● Bids and Tenders (Global RFPs)

● Pricing and Margin analysis - overall contract profitability

● Management and calculation of Global Accounts prebates and rebates

● Commercial reporting and trend analysis (retention / terminations analysis, etc)

● Market analysis support in collaboration with Head of GA Strategy

● Researching and reporting potential new market and sector opportunities

● Build relationships with regional finance teams to ensure good control around adherence to pricing of global agreements

● Working with cross functional teams to highlight future opportunities for Global Accounts

● Provision of insightful analysis to help inform commercial decisions

To be considered for the Commercial Finance Manager position, you will ideally have the following;

● ACCA / CIMA / ACA Qualified

● Commercial experience

● Strong excel skills

● Highly numerate with excellent attention to detail

● Experience in dealing with large complex data sets

● Experience of business partnering

● Strong analytical experience

● Presenting to senior management

● Able to work in a fast-paced environment

● Some database knowledge Qlik, Big Query, Data Studio

  • Competitive salary and bonus scheme
  • Hybrid working
  • Rentokil Initial Reward Scheme
  • 23 days holiday, plus 8 bank holidays
  • Employee Assistance Programme
  • Death in service benefit
  • Healthcare
  • Free parking

At Rentokil Initial, our customers and colleagues represent diverse backgrounds and experiences. We take pride in being an equal opportunity employer, actively encouraging applications from individuals from all walks of life. Our belief is that everyone irrespective of age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs, has the potential to thrive and contribute.

 

We embrace the differences that make each of our colleagues unique, fostering an inclusive environment where everyone can be their authentic selves and feel a sense of belonging. To ensure that your journey with us is accessible if you have any individual requirements we invite you to communicate any specific needs or preferences you may have during any stage of the recruitment process. Our team is available to support you; feel free to reach out to (joanna.sharpe@rentokil-initial.com) if you need anything


Be Yourself in Your Application! At Rentokil Initial, we value innovation, but we want to see the real you! While AI can help with structure and grammar, make sure your application shows your true passion and understanding of the role. A personal touch will help you stand out.

What You Should Know About Commercial Finance Manager, Rentokil Initial Group

As a Commercial Finance Manager at Rentokil Initial, you'll dive into a pivotal role that shapes the financial landscape of our Global Accounts. Here, your analytical prowess will shine as you take charge of the financial support, management, and governance surrounding our diverse portfolio of global accounts sales and contracts. You will be collaborating directly with the Group Commercial Finance Business Partner and engaging daily with Global Accounts VP, ensuring that our commercial reporting processes are not just effective but also insightful. In this dynamic environment, you'll harness your strong Excel skills to analyze pricing, margins, and overall contract profitability, while keeping a keen eye on market trends. You'll also have the opportunity to research exciting market opportunities, support the sales teams, and build lasting relationships with regional finance teams. If you're ACCA/CIMA/ACA qualified and passionate about driving growth while maintaining high standards of financial governance, we want to hear from you! Join us at Rentokil Initial, where we prioritize diversity and inclusion, and foster a supportive atmosphere that appreciates every unique background. Let's make a difference together in a role where every detail matters!

Frequently Asked Questions (FAQs) for Commercial Finance Manager Role at Rentokil Initial Group
What are the key responsibilities of a Commercial Finance Manager at Rentokil Initial?

The key responsibilities of a Commercial Finance Manager at Rentokil Initial include overseeing the global accounts sales reporting process, managing bids and tenders for global RFPs, conducting pricing and margin analysis for contract profitability, and handling commercial reporting along with trend analysis. This role is crucial in ensuring the growth of the global accounts portfolio while maintaining profitability.

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What qualifications are needed for the Commercial Finance Manager role at Rentokil Initial?

To be considered for the Commercial Finance Manager role at Rentokil Initial, candidates ideally need to be ACCA, CIMA, or ACA qualified. Additionally, commercial experience, strong analytical skills, and proficiency in handling large datasets are essential. Experience in business partnering and presenting to senior management is also highly valued.

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How does the Commercial Finance Manager at Rentokil Initial collaborate with other teams?

The Commercial Finance Manager at Rentokil Initial collaborates closely with various teams, including the Global Accounts lead, sales teams, and regional finance teams. This collaboration helps to ensure adherence to pricing of global agreements, share insights for commercial decisions, and highlight future opportunities within the global accounts portfolio.

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What skills are essential for success as a Commercial Finance Manager at Rentokil Initial?

Success as a Commercial Finance Manager at Rentokil Initial hinges on strong numerical abilities, excellent attention to detail, and advanced Excel skills. Additionally, having solid analytical thinking, the capability to work in a fast-paced environment, and experience with database tools like Qlik or Data Studio are advantageous for excelling in this role.

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What kind of company culture can a Commercial Finance Manager expect at Rentokil Initial?

At Rentokil Initial, a Commercial Finance Manager can expect a diverse and inclusive company culture that values individuality and innovation. The company fosters an environment where employees feel comfortable being their authentic selves, supported by initiatives to promote equality and respect for all backgrounds.

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Common Interview Questions for Commercial Finance Manager
How can you ensure accuracy in financial reporting as a Commercial Finance Manager?

To ensure accuracy in financial reporting, a successful Commercial Finance Manager must implement systematic processes for data review, leverage advanced Excel functions for error checking, and maintain open lines of communication with other departments to validate data inputs. Regular audits and creating a culture of accountability also play vital roles.

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Can you explain your experience with pricing and margin analysis?

When discussing your experience with pricing and margin analysis, highlight specific instances where your analysis led to improved profitability. Illustrate how you utilized market data and historical performance to guide decision-making in setting competitive pricing while ensuring acceptable margins.

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Describe a challenging financial project and how you managed it.

In answering this question, choose a project that emphasizes your analytical skills and teamwork. Discuss the project goals, the obstacles encountered, and the strategies you employed to overcome them, showcasing your ability to work under pressure and deliver results.

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How do you prioritize your tasks during busy periods?

Demonstrate your ability to prioritize tasks by discussing your methods for assessing urgency and impact. Use examples to show how you balance short-term responsibilities with long-term goals, possibly through a task management system or time-blocking techniques.

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What tools have you used for financial analysis and reporting?

Detail your familiarity with financial analysis tools such as Excel, Qlik, and Big Query. Explain how you've utilized these tools in past roles to generate reports, streamline data management, and provide insights that inform strategic financial decisions.

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How do you stay informed about market trends that may affect pricing strategies?

To stay informed about market trends, elaborate on your routine of analyzing industry reports, engaging with market analysts, and reviewing competitive pricing. Explain how these insights have allowed you to anticipate changes and adjust pricing strategies accordingly.

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Can you provide an example of a successful business partnership you established?

In your response, illustrate a scenario where you partnered with another team or stakeholder to achieve a financial goal. Highlight the collaboration process, the roles involved, and the positive outcomes resulting from this partnership.

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What approach do you take when presenting financial information to senior management?

Discuss your approach to making presentations clear and engaging for senior management. Showcase your ability to tailor your message to your audience, focus on key insights, and use visual aids to enhance understanding.

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How would you handle a disagreement in financial strategy within your team?

Explain how you would facilitate constructive discussions to resolve disagreements. Emphasize your skills in active listening, mediation, and finding common ground to ensure that all perspectives are considered while working toward the best financial outcome.

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What motivates you in your career as a Commercial Finance Manager?

Share your passion for finance and your drive to support business growth through informed financial decision-making. Discuss how the impact of your work on the organization and your personal development goals fuels your motivation in this role.

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Full-time, hybrid
DATE POSTED
December 29, 2024

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