Manager, Commercial Finance

Full-time - Mid Level

Cayce, SC

Merchant Wholesalers, Nondurable Goods

About the position

The Commercial Finance Manager plays a pivotal role in driving the financial success of multiple markets within a designated geographic region. This position is responsible for overseeing the profit and loss (P&L) delivery of suppliers, ensuring optimal financial performance and growth. By managing key financial activities and fostering strategic relationships with suppliers, the Commercial Finance Manager contributes to the achievement of revenue and profit targets.

Responsibilities

• Lead the performance management processes for supplier divisions across the designated region, encompassing planning, forecasting, risk assessment, and operational execution within the RNDC network.
• Develop comprehensive P&Ls, analytical models, and reporting mechanisms to provide insights into financial performance, trends, and overall health of the division's suppliers and customers.
• Collaborate with finance associates within the Supplier team to align pricing strategies, mitigate risks, identify opportunities, and enhance revenue and profit delivery.
• Monitor performance against targets, track key performance indicators (KPIs), and identify areas for improvement within supplier divisions, with a focus on managing margins and key profitability drivers.
• Conduct financial analysis to identify performance gaps and prioritize investment opportunities aimed at accelerating growth and maximizing return on investment (ROI).
• Partner with the Revenue Management Center of Excellence (COE) to optimize pricing strategies, drive supplier revenue growth, and enhance profitability for RNDC.
• Input and approve pricing changes into the Vistaar system, ensuring alignment with strategic objectives and effective communication with Revenue Management and Supplier teams.
• Cultivate and maintain strong relationships with key supplier leaders, fostering collaboration and alignment towards shared objectives.
• Support the revenue management team in identifying pricing opportunities and communicating them effectively across the RNDC network.
• Collaborate with various departments including Corporate Finance, Portfolio, Trade Marketing, Operations, and Transportation to address issues impacting supplier performance in a timely manner.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related business field preferred.
• 2 or more years of relevant experience, preferably in commercial finance or within the wholesale beverage alcohol industry.
• Demonstrated proficiency in financial analysis, P&L management, and strategic planning.

Nice-to-haves

• Previous experience in the Wine and Spirits industry.

Benefits

• 401(k) with company matching
• Medical, dental and vision benefits
• Paid Time Off Program - work your way up to 5 weeks of PTO a year with the ability to carryover unused PTO
• Paid volunteer time
• Paid parental leave
• Paid caregivers leave
• Fertility benefits
• Paid training
• Company paid life insurance, short-term disability, and company-paid holidays
• Associate resource groups, and diversity, equity, and inclusion programs available for all associates