Commercial Finance Manager - Mississauga, Canada - Puratos

Puratos

Verified Company

Mississauga, Canada

2 weeks ago

Posted by:

Sophia Lee

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Description

Do you have the appetite to Grow Your Magic?
Consumers everywhere are increasingly conscious of the quality of the food they eat.

Puratos develops, produces and distributes a unique range of ingredients for bakers, pastry-chefs and chocolatiers who demand the very highest quality.

Founded in Belgium in 1919, Puratos is growing rapidly with over 9000 employees in 75 countries, with a consolidated turnover of over €2 billion.

Our passion for innovation, pioneering spirit and core values continue to propel our global ambitions. This coupled with our commitment to our communities is what makes working at Puratos so magical.

Commercial Finance Manager

(Mississauga, ON)

Reporting to the Director of FP&A, the Commercial Finance Manager will be a key leader on the commercial side of the business and strong business partner to sales, marketing, R&D on driving pricing and probability throughout the organization.

This person will provide both insights and corrective actions on all commercial activities that impact the financial health of the company (pricing, margin etc.)
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_Overview_

Job Title: Commercial Finance Manager
Department: Finance
Direct Superior: Director, FP&A (interim VP of Finance)
Direct subordinates: Financial Analyst, FP&A
Location: Mississauga, Ontario

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_Key tasks_

Be a primary financial business partner to the business development team, providing insight on pricing strategies and account profitability for existing and new business opportunities
Ability to translate data into business insight and provide management with direction for operational efficiencies
Development of financial plans including partnering with Sales team to budget and forecast for the short and long term
Provide financial visibility, including the profitability, revenue, and pricing for new and existing opportunities
Work crossfunctionally across the business with exposure to senior leadership on financial efficiencies
Drive efficiencies to ensure contracts remain financially viable and are delivered on budget
Review financial models to assess future profitability of identified opportunities
Identify opportunities to optimize sales and profitability through pricing strategies
Guide the sales team on the best approach to customer opportunities using the knowledge of the market, business strategy, plant capacities, customer value created by Puratos analytical models providing trend information & the behavior of the buyer
Project cost evolution and detect ingredients risks. Adjust pricing approach and protect profitability accordingly.
Work closely with Purchasing department to establish booking of ingredients for long term contracts
Determine new prices by obtaining ingredient costs from purchasing due to seasonality and/or market fluctuations
Responds to complex pricing inquiries and supports the resolution of price discrepancies
Regular pricing benchmark across customers and market alignment
Simplification of pricing processes and reduction of anomalies (manual pricing, credits...)
Provide pricing quotation analysis for Sales management. Confer with sales and marketing teams to develop proposals and quotations
Perform margin and pricing analysis in order to support business initiatives & guarantee profitability
Supports the timely and accurate execution and monitoring of price adjustments and new product pricing
Participates on crossfunctional and system related projects as a Subject Matter Expert

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_Management _

Establish overall strategic vision of both short term and long term goals to be achieved by team
Manage overall day to day work, projects and other ad hoc requirements of team members
Inspire and create a positive, challenging and rewarding work environment for team that ensures their goals are aligned with company goals
Coach, mentor and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities.
Empower employees to take responsibility for their jobs and goals. Delegate responsibility and expect accountability and regular feedback.
Lead employees using a performance management and development process that provides an overall context and framework to encourage employee contribution and includes goal setting, feedback, and performance development planning.
Lead employees to meet the organization's expectations for productivity, quality, and goal accomplishment.

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_Key contacts_

Finance / Administration/Sales/Operations/R&D and Management teams
VP of Sales and VP of Marketing
Internal & external auditors

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_Requirements_

Education
University degree in related field
CPA / MBA preferred
Experience
5+ years of practical experience in pricing, finance and risk management
Skills
Strong analytical skills, excellent verbal & written communication skills
Excel & systems guru proficiency in Microsoft Office required; SAP experience required.