F&B Commercial Finance Manager
To partner the business stream in ensuring that sales & profit are optimized and effectively managed. Should provide strong commercial & financial advice on margin management, capital investment and other operational issues as well as ensuring that the senior management team is appropriately communicated with on actual & forecast performance.
The job holder is responsible and accountable for (but not limited to) the following:
Business Intelligence
• Lead and direct the business through each planning cycle and assist the General Manager in developing meaningful analysis to explain business performance
• Complete financial evaluation on all Promotions & NPD; Pre & Post launch, breakeven analysis and identify key learnings
• Reporting on key performance measures for the business on a weekly and monthly basis investigating and explaining key variances
• Work closely with Operations and Marketing teams, supporting with insightful sales / margin / promotional analysis ensuring the team understands the information (food cost/wastage)
• Produce ad hoc financial analysis to understand impact of operational decisions highlighting where corrective action required
• Continually improve both the way information is presented and the interpretation of results and trends.
• Manage month end reporting process - highlight any variance to overheads budget
• Identifying and addressing risks and opportunities v budget
• Prepare monthly Exec report including insightful commentary
• Manage relationship with Franchise partner
Operational Excellence
• Play key role in pricing and ranging strategy with food development chef
• Prepare and Evaluate all stores identified for refurbishment and track performance vs business case
• Work closely with property on pipeline of potential new stores. Complete detailed business case for all new store investments and perform Post Investment Appraisals to compare key metrics with original assumptions in business case
• Create exception reporting to focus on key issues and assist in developing operational plans to rectify, particularly loss making stores.
Control Framework
• Approve all expenditure before committed. Track and monitor key overheads (discounts, employment, consumables etc)
• Review, signoff and control all CAPEX spend, tracking cost and depreciation
• Continuous review of the Control Framework to manage business risk
• Month-end review of GLs and P&L, ensure accruals and provisioning in line with company Guidelines
Apply to Job