Commercial Finance Manager - adm Promotions

adm is seeking a highly technical, commercially savvy Commercial Finance Manager who will act as a true business partner, implementing change, gaining trust, and delivering highly complex finance information in a succinct and clear manner to non-finance individuals. This role will be a great fit for someone who is adaptable, innovative, and results oriented who will thrive in a creative and fast paced environment.

The Commercial Finance Manager partners with client services teams to support implementing new contracts, setting up processes to satisfy the contract obligations, and driving the operational teams to improve financial performance. This individual manages and controls financial performance for a small group of key blue-chip clients; owning the internal and external forecasting and reporting processes for the client accounts and developing and coordinating relevant financial and risk analysis to drive good decision making.

This role is based on a hybrid work arrangement in Minneapolis, Minnesota. 

Responsibilities:

Financial Planning & Analysis

• Annual budget and monthly forecasts supporting a small group of accounts generating 30M annual revenue.
• Manage month-end close and liaise with accounting and operations teams on ensuring accurate journals are posted.
• Interpret and evaluate monthly analyses of business trends, including budget variance of financial results and key performance indicators to identify areas of risk and opportunities and provide recommendations.
• Create board presentations summarizing financial results and business insights.

Supply Chain

• Develop insightful analytics on product costs, logistics, and business trends.
• Liaise with strategic sourcing to analyze savings opportunities and various supply chain optimization initiatives.
• Develop procedures and tools for executing the savings validation process including baseline cost development, pricing data management, and periodic audits on data integrity.
• Oversee operational processes for ensuring compliance to DOA.

Client Partnership

• Act as subject matter expert on reporting, financial systems and processes, business analytics, data management, and P2P.
• Develop and manage client reporting including monthly spend dashboards, savings analysis, and contractual KPIs.
• Support client P2P process by ensuring proper procedures and reporting in place for timely billing and collections.
• Develop content for client meetings and present financial information to senior stakeholders.

Commercial Management

• Act as subject matter expert on client contracts.
• Oversee the savings validation process, educate account management teams on commercial requirements, enforce SOP adherence, and report on results and carry out periodic audits.
• Enforce & improve governance model to ensure pricing decisions are properly executed and maintained.
• Support commercial modeling on new business opportunities and contract renewals.

Qualifications & Experience:

• Bachelor’s degree in finance or a related discipline with 5 years of experience in similar roles overseeing a large outsourcing/management consulting contract.
• Strong understanding of supply chain management and strategic sourcing analytics.
• Proven project management skills and process implementation experience.
• Extensive financial modeling & analysis skills.
• Strong technical acumen including working knowledge of relational database management systems, report automation expertise, advanced Excel (power query/VBA), and MS Access.
• Possesses a business partnership and client service mindset, positive can-do attitude, with strong intellectual curiosity and continuous improvement mentality.
• Strong analytical abilities including the ability to identify and communicate insights, opportunities, and trends from complex data sets.
• Strategic thought leadership – a big-picture view while executing functional requirements.
• Ability to challenge the status quo where appropriate and motivate internal teams towards successful delivery of commercial commitments.
• SQL experience and the ability to write queries a strong plus.

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