Senior Commercial Accountant

Senior Commercial Accountant

Location: Newark (Hybrid working)

Working Hours: Monday to Friday – 37.5 hours per week

Contract Type: Permanent  

Salary: Competitive plus pension, healthcare and up to 10% bonus

 

We're the biggest name you've never heard of. You've probably eaten our food - you just didn't realise it. We make innovative fresh products, with around 18,500 colleagues working across the UK, US and China. We’re the market leader in the UK fresh prepared food industry supplying meals, salads, desserts, pizza and bread to leading grocery retailers (including Tesco, M&S, Sainsbury's and Waitrose). We’re ambitious. We’re full of ideas. And we’re ready for more people who share our values and passion for quality to join us.

 

Senior Commercial Accountant

 

We’re proud to offer you a career with real scope for development. To reward your hard work and ambition as a talented Senior Commercial Accountant with plenty of support and opportunity. And empower you to drive your own success and create a career you can be proud of too.

 

The role:
Provide strong financial insight into areas of improvement, focussing on margin growth, with clear understanding of new launches and product development, commodity price recovery, growth models and cost improvement plans · Ownership of reporting requests e.g. over-rider submissions and commodity models, understanding the accruals required and reconciliations · Drive efficiency projects across the team to ensure better ways of working and processes are correct across the Sector


Duties will include:

• accurately complete various overrider models in place with customers to understand the accruals required and ensure these are reflected accurately in the forecast view
• full ownership of live commodity models, updating with volumes and understanding price fluctuation impact on the EBITDA of the business, ensuring visibility of price changes for commodities not covered by models
• support the Commercial Accountants Assistant in preparing the MSP reconciliation for the sector on a monthly basis, ensuring its accuracy for reporting
• lead ad hoc analysis such as tail reviews, understanding standard resets and ensure Commercial have clarity around financial impact and actions
• attend weekly S&OP meetings for specific sites
• drive efficiency through the team by identifying areas of improvement and leading these to ensure strong results in ways of working
• support the Commercial Accountant and Financial Controller in ad hoc tasks and reporting

About You:
You will have a good understanding of Commercial principles such as MSPs, margin, mix, forecasting etc and experience in Commercial modelling such as overrider/rebate accruals, commodity tracking,

 

What you can expect from us

 

When joining us you can expect a highly competitive rewards package including group pension, bonus, private medical insurance, and other flexible benefits - alongside excellent career progression prospects across the Bakkavor group.