OverviewGet AI-powered advice on this job and more exclusive features.Sazerac Company Overview Build your career at Sazerac! With almost 400 years of rich history, Sazerac Company has thrived as an independent, American family-owned company with operations in the United States and around the world. Since the 2000s, Sazerac has averaged double digit growth every year! Sazerac Company produces and markets the most award-winning bourbons and whiskeys in the world, including Buffalo Trace, Pappy Van Winkle, Eagle Rare, Blanton’s, Traveller, and Sazerac Rye. Additionally, Sazerac owns many popular brands across a range of spirits, including Fireball, Svedka, Wheatley, BuzzBallz, Southern Comfort, Seagram’s V.O., Myers’s, Goldschläger, Parrot Bay, 99 Brand, and Platinum Vodka.Company/Location Overview Sazerac UK is one of the UK’s leading spirit distributors with a diverse portfolio of award winning brands. Parented by Sazerac company, the #1 spirits manufacturer in North America that was founded in 1850 in New Orleans. Sazerac UK and Ireland are entrepreneurial businesses that were founded in 1999 and 2017 respectively, with both businesses experiencing exceptional growth that has resulted in becoming one of the top distributors. We believe in bringing the right brands to each consumer and have a flexible approach that allows us to work with brands with zero budget through to those with multi-million pound budgets.Job Description / ResponsibilitiesThe Commercial Finance Manager is responsible for partnering with the commercial teams to drive volume and profitability of the UK and Ireland business units whilst owning the governance on pricing and discounts. This will include being the business owner of our price decision tool Vistaar, regular interaction with the sales team to ensure schemes are setup, accrued, paid and closed appropriately. Ensuring controls and insightful analysis is in place that enable policy adherence. A self-starter who is naturally curious, building relationships with stakeholders to challenge and add value within our customer discounts to deliver profitability.Key ResponsibilitiesPricing OptimisationIdentify and implement execution plans to optimise customer and brand pricing that maximises volume and profit on key brands (BuzzBallz, Southern Comfort, Buffalo Trace, Fireball)Partner with commercial team to deliver annual price increases, addressing outliers (loss making prices), enabling further investment in key brandsOwn Vistaar, be the subject matter expert and develop the pricing tool, driving insightful analysis and efficiencies through the Vistaar toolImplement and maintain pricing guardrails to support profitable brand growth across portfolioProactively partner Sales to ensure price plans are submitted accurately avoiding undue delaysProactively partner Vistaar to ensure software meets commercial and business requirementsMonthly analysis of pricing accuracy comparing ERP system to VistaarEnsure accurate integration of pricing from Vistaar into ERP systemTrain and coach sales team to complete Vistaar price plans and invoice approvals to avoid undue delays in processingDrive pricing process improvements with Operations and Account ReceivablePartner internal IT team to ensure timely integration of customer and product master dataDepletion Allowance ManagementPro-actively challenge DA accruals with Account Managers and Sales DirectorManage, coach and support the Commercial Finance Analyst to report and provide insightful analysis on the followingIssuing Daily Sales report in PowerBIWeekly report on month to date DA accrual vs PY and PlanEnd of month analysis by customer and brandAgeing of DA'sProcess and pay all DA accruals and invoices in timely mannerWork with AR team to manage deductions, maximising cashflow and limit aged debtEnsure DA's are paid on a regular basis (monthly, quarterly, annually)Implement continuous improvement in the depletion allowance (DA) processes that drives efficiency and effectiveness of DAImplement ongoing ROI analysis of promotions partnering internal stakeholders to ensure efficient use of EPOS dataAccurate and timely internal and external reportingWork with Finance Director to enable “one version of the truth reporting” through local Power BI and global systemsMonthly review of DA accrual for completeness and accuracy, providing insightful commentary on key drivers of the mix/variance analysisOwn and prepare month end reporting/analysis and the annual auditing requirements for discounts, including Marketing accrualsEnsure external reporting for customer claims is accurate for retrospective invoicesUpdate forecast volumes (indirect DA’s) in conjunction with sales team to ensure accruals are accurateMaintain financial internal controlsMonthly balance sheet reconciliationsPartner the sales leadership team to monitor and track compliance with relevant policies and approval limitsEnsure discounts reported under IFRS and global accounting policy; accountable for NBD Value Chains creation and approvalOtherCommercial support to Finance Director and Finance ControllerRepresent UK and Ireland on key global projects (Oracle implementation, Marketing invoice automation)Qualifications / RequirementsKnowledge, Skills and ExperienceACA/ACCA/CIMA qualified with commercial finance experienceAbility to communicate with all levels of an organisationDemonstrated ability to work quickly and effectively in demanding situationsDetail oriented and demonstrated ability to perform work with high degree of accuracyGood time management skills and a strong ability to prioritiseWorking knowledge of MS Office Products (PBI, Word, Excel and Outlook), ability to manage large datasets is an advantagePersonal CharacteristicsHave a natural curiosity with the ability to operate in the detail and high levelPositive and pro-active work ethic with a ‘can do’ attitude (Drive for Results mindset)Ability to build strong relationships within finance and non-finance across several geographiesGood organisational and interpersonal skillsBe a team player with excellent attention to detailPro-active in seeking and suggesting ways to improve process/system efficiencyReferrals increase your chances of interviewing at Sazerac Company by 2x #J-18808-Ljbffr