Commercial Finance Analyst

Job description

About the Company

Brompton wants to transform cities. By providing the means to commute or explore, with a bike that you can take anywhere, we can change the way people live in cities creating happier and healthier lives for our customers. Our high-quality products, combined with the resurgence in cycling, means that we are enjoying strong, sustained revenue growth of 30%+ over the past 3 years. COVID has accelerated the demand for cycling in cities around the world and lifted our ambition to grow global sales from c. £100m today to over £300m within the next 5 years.

We continue to make the Brompton bicycles in West London, where we started in 1975, but our product has travelled far - we now export 70% of our bicycles to 45 countries. In recent years we have invested in a new purpose-built production facility, transformed our digital architecture, opened new flagship stores, launched our ecommerce platform and had our biggest product launch in company history - and we’re not stopping there. To truly deliver on our purpose, we need passionate, innovative and talented people that want to challenge the status quo and make an impact.

If you are excited by the opportunity to help create products that make a difference to people’s lives across the world, and thrive on responsibility, we can offer you a job you will not find anywhere else.

Our sustained compound growth has put is in a position to offer a number of new and exciting opportunities to join us. There are currently over 700 employees across the world, with this set to top 800 in the next year. We recognise the different skills and contributions that varied backgrounds and perspectives bring to a company, developing the following communities to promote awareness and celebrate our differences: BAME@Brompton (Black, Asian and Minority Ethnic), Mental Health@Brompton, Parents@Brompton, Ability@Brompton.

The role

We want this role to enable Brompton to make better decisions, faster. The core of the commercial/finance function is data and we are firm believers in real-time analytics and the empowerment of the wider business. To achieve this, we are implementing new systems across the commercial/finance function and require the technical capability to ensure we maximise the value from these systems. We are looking for someone with that capability and ambition to optimise our systems/data across our global operations.

How you’ll contribute:

  • Business partnering the commercial team to improve understanding of their P&Ls & suggesting improvements.
  • Analysis and review of commercial spending as well as the required accruals and costs arising.
  • Month-end accounting with supporting reporting and analysis.
  • Supporting the commercial teams with long term strategic plans and to input monthly forecasts as well as the annual budget.
  • Building strong, collaborative relationships across key stakeholders’ including Marketing, Sales (direct & wholesale) & Finance.
  • To support the business in the commercial evaluation of new business opportunities through analysis, business cases and research e.g. modelling new distribution partnerships, product launches, brand collaboration partnerships.
  • To provide insight into current and historical business performance through analysis of the data produced by the business.
  • To identify opportunities for business improvement, define the required actions and lead the execution of improvement initiatives e.g. analysis of cost & profitability for the ecommerce channel.
  • To prepare / assist in preparation of weekly and monthly reporting packs and associated analysis
  • Project scope includes, but is not limited to: Process improvement, regulatory requirements, maintenance of existing data structures and flows, improvement of existing data structures and flows.
  • Process change: Provide tactical change support as needed to existing finance process.
  • Modelling business data, analysis and reporting e.g. margin analysis , ROI projections, reporting across product, channels & countries.  

Job requirements

You should apply if you:

  • ACCA/ACA/CIMA (part) qualified or qualified by experience.
  • Have strong SQL skills and are familiar with general data warehousing concepts and business intelligence tools such as PowerBI.
  • Have experience of developing and improving financial reporting and financial procedures.
  • Have previous experience of manufacturing and/or ecommerce.
  • Have previous experience of preparing management accounts.
  • Understanding of a group accounting principle.
  • Good communicator.
  • Able to manage heavy workload & strict deadlines.
  • Experience of managing multiple stakeholders.
  • Attention to detail.