Group Commercial Finance Manager

Monday- Thursday 08:30am- 17:00pm, Fridays 08:30am- 3:30pm

We are seeking a highly capable and detail-orientedCommercial Finance Managerto oversee core operational finance functions, based in theBanbury office(Tibbetts Group Ltd, Tibbetts House, Beaumont Road, Banbury, OX16 1RH). This position will report directly to the Group Finance Director.

Purpose

This role is critical to ensuring strong cash flow management, accurate monthly forecasting, while providing leadership to the Accounts Payable (AP) and Accounts Receivable (AR) teams and adding commercial insight into business performance. The successful candidate will also take ownership of key financial processes, including FX management, cash flow forecasting, and duty deferment administration.

Key Responsibilities

• Supervise and support the AP and AR functions and associated employees
• Ensure timely and accurate processing of invoices, receipts, and customer/supplier queries
• Drive improvements in AP/AR processes, systems, and controls

Compliance & Operational Finance

• Own the Duty Deferment Account, ensuring accurate tracking and payment to HMRC
• Manage documentation collation and compliance related to Bonded Warehouse operations
• Oversee and approve timely and accurate bank reconciliations

Cash Flow & FX Management

• Lead short-term cash flow forecasting to ensure day-to-day liquidity
• Develop and maintain long-term cash flow forecasting models to support strategic planning
• Own and manage foreign exchange (FX) exposure, ensuring effective hedging or mitigation strategies are in place

Forecasting & Budgeting

• Own the preparation of P&L forecasts, working closely with stakeholders across the business
• Play a key supporting role in the annual budgeting process, providing critical insight and financial modelling

Rebates Management

• Own the rebates function, including:
• Performing and reviewing rebate reconciliations
• o Approving and signing off new rebate agreements in line with commercial policy

Other

• Other ad hoc duties as required by the business

Required Experience & Qualifications

• Part / Fully Qualified accountant (ACA / ACCA / CIMA) or equivalent experience
• Proven experience in a similar finance management role
• Strong knowledge of forecasting, cash flow management, and AP/AR
• Familiarity with customs processes, bonded warehouse regulations, and HMRC duty deferment is highly desirable
• Experience managing teams and driving process improvements
• Strong leadership and team management skills
• Excellent attention to detail and problem-solving ability
• Advanced Excel and financial modelling skills
• Effective communication and stakeholder management
• Highly organised with the ability to manage multiple priorities under tight deadlines

The Benefits

• 23 days holiday (plus UK bank holiday, rising to 25 days holiday after five years' service)
• Holiday Buying Scheme (giving you the opportunity to buy an additional five days' holiday) - after probationary period
• Cycle Scheme - after probationary period
• Life Insurance
• Annual Bonus (should the business hit agreed targets) - after probationary period
• Health Cash Plan Scheme (after one years' service) including:
• Optical
• Health & Wellbeing and health screening
• Combined Physiotherapy
• On-site training
• Excellent career progression opportunities
• Modern facilities
• Ad-hoc employee functions including annual Summer Social (usually held in June each year)