Commercial Finance Manager

RESPONSIBILITIES: Oversee all aspects of commercial finance, manage master data, including suppliers and product items. COGS / Margin Improvement: - Liaise with business leaders to continuously drive margin improvement initiatives- Coordinate with Commercial Team on initiatives to drive better categories/ financial performance- Prepare margin analysis, gross-to-net visibility for Commercial team to provide sufficient and timely information for decision-making, including but not limited to Sales, GP, supplier performance evaluation- Validate effectiveness of promotion programs, support for registration with local authorityTrading Term Agreement (“TTA”): - Provide insights and advice to Commercial team in TTA negotiation with suppliers- Validate and ensure terms are correctly stated in TTA (both historical and future)- Manage TTA including checking, updating and filing Buying Income: - Monitor trade agreements (any agreement which do not link to purchase value), including but not limited to claim back, rental display, promotion funding, listing fee - Timely track and follow up with Buyers on pending agreements. Frequently monitor aging reports of pending buying income items with Commercial team- Liaise with Finance & Accounting and Commercial teams to timely bill and collect buying income items Master Data:- Ensure all commercial master data (include but not limited to suppliers & product items, prices) are properly and timely maintained (create, change, delete). - Frequently review master data reports, coordinate with across functions to timely address issues e.g. with inactive & deleted products, incorrect prices/promotion set-up, etc.- Policies: design and implement SOP and related internal controls for master data, TTA and Buying income maintenance- Process simplification: drive simplification with automation and/or process improvement - Manage and develop team members - Other tasks assigned by line manager