Commercial Finance Manager - SFM & JBPs - FTC

Vacancy NameCommercial Finance Manager - SFM & JBPs - FTCVacancy NoVN748Job TypeFixed TermLocationHatfieldJob Details

Commercial Finance Manager - SFM & JBPs - FTC

Contract type : Fixed Term Contract - 6 months

Location : Hatfield (Blended working - 3 days in the office)

Working hours per week : 40 hours - Full Time

Level : Manager

Application closing date : Wednesday 13th November

About us

Our mission is to deliver joy in every shop, through unbeatable choice, unrivaled service, and reassuringly good value.

We’re Ocado Retail , a market-leading, joint venture between Ocado Group and M&S and the world’s largest dedicated online supermarket . Not only is Ocado.com the only place to shop a full range of M&S food online, but it’s also the home to the widest online supermarket range in the UK and champion of small, independent brands. We’re also the brains behind , our same-day grocery delivery service.

About the team and the role

Reporting to our Senior Finance Manager for Commercial Strategy, you will be responsible for supporting the implementation of our Supplier Funding Transformation changes.

It’s an exciting time for our business with the launch of several new tools and initiatives across finance and media, as well as some key changes to our reporting calendar. The role will be pivotal in the evolution of our “Joint Business Plan” process, helping to manage the successful roll out of these changes and ensuring our buying teams have the right tools and reporting available to support negotiating supplier contracts and achieving the businesses ambitious targets.

What you’ll do

• Work with key stakeholders across our commercial and finance leadership teams to revolutionise our JBP process, ensuring its fit for purpose in the fast paced grocery retail environment.
• Be the trusted finance lead, managing the implementation of key projects across our Supplier Funding process for FY25. This will include the roll out of new tools, reporting and forecasting processes.
• Ensure that the new processes and tools are utilised to strengthen the existing financial controls for commercial income, ensuring that income is accounted for correctly and the wider process is GSCOP compliant.
• Transform and standardise documentation for negotiated contracts by identifying best practice, also ensuring consistency in record keeping across all PODs and systems
• Working alongside our data & insights colleagues, automate documents & reporting to enable faster evaluations and decision making
• Support in sensitivity analysis and forecasting of JBPs, ensuring that changes to pricing / promotions / mix by department & category are understood, and that forecasting can be more fluid
• Support our Finance Business Partners with insightful data to ensure buying plans are evaluated, with clear actions proposed to improve performance where appropriate.
• Ensure accurate reporting of JBP negotiations and analysis to CEO / CFO / CCO as part of monthly Business Performance Reviews

Who you are

What’s in it for you

By joining Ocado Retail you’ll have the chance to experience life at the world’s largest online retailer, work with an amazing bunch of people who challenge what’s possible each day, and grow your skills and career in online retail.

If that’s not enough to tempt you, you’ll also get access to loads of great benefits to sweeten the deal. Here’s a taste of what we offer :

Health & Wellbeing : Private medical insurance with the option to add your family, Digital GP appointments, market-leading family policies, mental health support, discounted gym memberships, dental insurance, and more.

Spend & Save : Recognition with reward platform, up to 7% matched pension contributions, 15% Ocado discount, 20% M&S discount, free breakfast every day in the office, electric vehicle leasing scheme and free shuttle bus from Hatfield station to the office.

Never miss the moments that matter : Blended / Hybrid working, 26 days holiday plus 8 flexible bank holidays, options to buy an extra holiday, 2 weeks work from anywhere, and lifestyle break opportunities.

Our Hiring Process

Lucky for us, we get loads of great applications and we really appreciate that so many people put the time and effort in to apply. To recognise that, we treat all applications respectfully and fairly. So, if yours stands out, you’ll follow our standard hiring process - one of our Talent Partners will talk you through this in an initial call.

Everyone’s welcome

We’re an equal opportunities employer. That means that we make sure all potential colleagues are treated fairly and equally. If you require reasonable adjustments during the recruitment process, please let us know on the application form.