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Commercial Finance Manager
Job Posted: 12 hours ago
Salary: £ 45,000 - 55,000 / Annum
Job Type: Permanent
Location: Banbury, Oxfordshire
Expire in: a month
Job Description
We're working with a well-established and growing business in Banbury who is seeking an experienced and highly capable Commercial Finance Manager to join their SMT on a permanent basis. This is a newly created role and would suit someone in a commercial finance or FP&A roles in a large organisation, seeking to broaden their scope and experience. You will be required to oversee core operational finance functions and will report directly to the Group Finance Director.
Purpose of the Role
This role is critical to ensuring strong cash flow management, accurate monthly forecasting, while providing leadership to the Accounts Payable (AP) and Accounts Receivable (AR) teams and adding commercial insight into business performance. You will also take ownership of key financial processes, including FX management, cash flow forecasting, and duty deferment administration.
Key Responsibilities of the Commercial Finance Manager
Team Leadership & Supervision
Supervise and support the AP and AR functions and associated employees
Ensure timely and accurate processing of invoices, receipts, and customer/supplier queries
Drive improvements in AP/AR processes, systems, and controls Compliance & Operational Finance
Own the Duty Deferment Account, ensuring accurate tracking and payment to HMRC
Manage documentation collation and compliance related to Bonded Warehouse operations
Oversee and approve timely and accurate bank reconciliations Cash Flow & FX Management
Lead short-term cash flow forecasting to ensure day-to-day liquidity
Develop and maintain long-term cash flow forecasting models to support strategic planning
Own and manage foreign exchange (FX) exposure, ensuring effective hedging or mitigation strategies are in place Forecasting & Budgeting
Own the preparation of P&L forecasts, working closely with stakeholders across the business
Play a key supporting role in the annual budgeting process, providing critical insight and financial modelling Rebates Management
Own the rebates function, including:
Performing and reviewing rebate reconciliations
Approving and signing off new rebate agreements in line with commercial policy Experience, Skills & Attributes
Part / Fully Qualified accountant (ACA / ACCA / CIMA) or equivalent experience
Proven experience in a similar finance management role
Strong knowledge of forecasting, cash flow management, and AP/AR
Familiarity with customs processes, bonded warehouse regulations, and HMRC duty deferment is highly desirable
Experience managing teams and driving process improvements You'll need:
Strong leadership and team management skills
Excellent attention to detail and problem-solving ability
Advanced Excel and financial modelling skills
Effective communication and stakeholder management
Highly organised with the ability to manage multiple priorities under tight deadlines What's in it for you?
Salary £45,000-£55,000 DOE
Hours: 38.5 hours per week, 08:30-17:00 (Monday to Thursday), 08:30-15:30 (Friday)
23 days holiday plus UK bank holiday, rising to 25 days holiday after five years' service
Holiday Buying additional 5 days option to purchase
Life Insurance
Annual Bonus
Health Cash Plan Scheme
On-site training
Excellent career progression opportunities
Modern facilities
Employee functions including annual Summer Social
Charitable fundraising opportunities
Free car parking Application Process
If you're interested in this exciting opportunity, please forward your CV to Hannah as soon as possible or call to discuss furtherBefore You Apply
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