Commercial Finance Manager

1 month ago

Central Singapore Reckitt Full time
Description

Trade Investments Management: 
Manage the entire Trade Investments accrual and accounting for all 3 business of Reckitt with a full control on the rationale of variance vs approved budgets, evaluating ROI for the spends to recommend future actions, Partnership with business to optimize trade investments & maintaining a healthy balance sheet with proper justifications on accruals, etc.  
•    Monthly TMLV preparation & approvals with details of trade activities and explanation on variance vs latest Forecasts.
•    Month end: Closing the Shipments (Basis the Distributor week cover), Trade spends for the month and closing the Net revenue in the system
•    Monthly trade investments variance reviews of actuals vs. forecast and to understand business reasons for variances
•    Monthly/ Quarterly closures with Account/channel heads of Trades spends accrual and accounting the same post approvals and sufficient documentation for the same.
•    Administrator & Owner of TSM System: Managing the Trade accruals in “TSM Portal” and ensures the provision made in TSM can be supported and explained, able to show the over and under provision/spend by customers.  Also, ensure sales team on the function and usage of the TSM.
•    Review of distributor stocks and engage with supply team to optimize the stock holdings.  Also, work with the sales team  to identify opportunities for clear SLOB/NEP.  Strengthen control in trade returns charge to trade spend bucket and perform sufficient checks to minimize the activities.
•    Monthly Reporting of IMS, Customer/ Channel P&L and other reports as necessary.
•    Manage the Monthly Balance sheet of Trade Spends accruals with proper supporting, Ageing of accruals, etc. Also, assist in audits for the Trade spends related GLs for internal/external audits.  

Trade Claims & Receivable Management
•    Process claims (through the team) & ensuring processing with proper approvals/ documentation as per Reckitt policy.
•    Ensure collections are received from the customers as per the trading terms, any outstanding ageing items needs to be taken up with Channel/ Account head for a resolution.  
•    Monthly update on the status of the receivables with management along with ageing & reasons for the long outstanding.
•    Advise and monitor sales team to resolve any customer outstanding claim disputes.

Commercial Orientation and FP&A
•    Forecast projections for sales/Trade Investments by working closely with channel/ Account heads & assisting Finance Director to accurately project the year.
•    Assist Business team in simulating P&Ls for New product Launch, SKUs and review them before it goes for next approval to Leadership team.
•    Load the Yearly projections (for each Forecast / Plan cycles) in Fusion for all 3 GBUs
•    Fusion GMVA for the month and Forecast/ Plan Scenarios for all Bus.

Requirements:
•    Bachelor degree in Finance and/or Accountancy from a recognized university 
•    Preferably a member of CIMA/CPA/ACCA
•    At least 5 years of relevant working experience
•    Experience in managing a team of 4 to 5 people 
•    Knowledge of JD Edwards would be an added advantage 

Equality

At Reckitt, we recognise that in real life, great people don’t always ‘tick all the boxes’. That’s why we hire for potential as well as experience. Even if you don’t meet every point on the job description, if this role and our company feels like a good fit for you, we still want to hear from you. Come and join a team whose purpose is to protect, heal and nurture in the relentless pursuit of a cleaner and healthier world.

All qualified applicants to Reckitt will receive consideration for employment without regard to age, disability or medical condition; colour, ethnicity, race, citizenship, and national origin; religion, faith; pregnancy, family status and caring responsibilities; sexual orientation; sex, gender identity, gender expression, and transgender identity; protected veteran status; size or any other basis protected by appropriate law.

  • Commercial Finance Manager

    3 weeks ago

    Singapore APAC Michael Page Full time

    This is a newly created Commercial Finance Manager position with a retail brand that has gained huge following over the last few years. Capitalising on this growth, the team is looking to further its brand abroad, hiring for this position to support their growth ambitions. Client DetailsMy client is a fast growing retail brand with diverse range of products...

  • Manager - Commercial

    3 weeks ago

    Singapore, Keppel Bay Tower Vallianz Holdings Limited Full time

    Job Description: To handle commercial aspect of dealing with shipyards/clients Job Responsibilities: Commercial Support for all New Building Projects/ Tenders. Review & negotiate all quotations from shipyards/ vendors. Manage budgets for all New Building Projects. Monitoring and resolving commercial and contractual issues of a newbuild project Liaising...

  • Senior Manager

    23 hours ago

    Singapore Sembcorp Industries Ltd Full time

    PURPOSE AND SCOPETo lead commercial and financial evaluation, including but not limited to end-to-end due diligence and financial modelling, to support the various projects undertaken by Singapore and Southeast Asia market on renewable and low carbon energy transactions. The position will be part of the Commercial team for Singapore and Southeast Asia...

  • Manager - Commercial

    3 weeks ago

    Singapore Vallianz Holdings Limited Full time

    Job Description:To handle commercial aspect of dealing with shipyards/clientsJob Responsibilities:Commercial Support for all New Building Projects/ Tenders.Review & negotiate all quotations from shipyards/ vendors.Manage budgets for all New Building Projects.Monitoring and resolving commercial and contractual issues of a newbuild projectLiaising with the...

  • Finance Manager

    4 weeks ago

    Singapore Randstad Singapore Full time

    about the companyLong standing history with presence in different regions, this tech company is looking for a Finance Manager to help with the growing needs of the business in Singapore.about the jobYou'll be responsible for preparing accurate financial and management reports on time, analyzing financial data, and forecasting cash flow, budgets, and...

  • Commercial Finance Manager

    2 weeks ago

    Singapore Reckitt Benckiser (singapore) Pte Ltd Full time

    Responsibilities:A. Trade Investments Management:Managing the entire Trade Investments accrual and accounting for all 3 business of RB with a full control on the rationale of variance vs approved budgets, evaluating ROI for the spends to recommend future actions, Partnership with business to optimize trade investments & maintaining a healthy balance sheet...

  • Commercial Finance Manager

    3 weeks ago

    Singapore RECKITT BENCKISER (SINGAPORE) PTE LTD Full time

    Roles & ResponsibilitiesResponsibilities:A. Trade Investments Management: Managing the entire Trade Investments accrual and accounting for all 3 business of RB with a full control on the rationale of variance vs approved budgets, evaluating ROI for the spends to recommend future actions, Partnership with business to optimize trade investments & maintaining...

  • Manager, Commercial Procurement

    2 weeks ago

    Singapore Vallianz Corporate Services Pte. Ltd. Full time

    Purpose of the Job:To handle commercial aspect of dealing with shipyards/clients.Role and Responsibilities:Commercial Support for all New Building Projects/ Tenders.Review & negotiate all quotations from shipyards/ vendors.Manage budgets for all New Building Projects.Monitoring and resolving commercial and contractual issues of a newbuild projectLiaising...

  • Assistant Commercial Manager

    2 weeks ago

    Singapore Beng Kuang Marine (b&chew) Pte. Ltd. Full time

    As an Assistant Commercial Manager in Beng Kuang Group, you will provide crucial support in handling the commercial aspects of shipyard projects, including assisting with quotations, project costings, and contract management within Singapore and Indonesia.You will work closely with the Commercial Manager and other internal teams to ensure the smooth...

  • Assistant Commercial Manager

    1 week ago

    Singapore Onehub Tank Coating Pte. Ltd. Full time

    Job Summary:As an Assistant Commercial Manager in Beng Kuang Group, you will provide crucial support in handling the commercial aspects of shipyard projects, including assisting with quotations, project costings, and contract management within Singapore and Indonesia.You will work closely with the Commercial Manager and other internal teams to ensure the...

  • Commercial and Procurement Manager

    2 weeks ago

    Singapore Faststream Recruitment Full time

    Faststream Recruitment has partnered with a Shipbuilder to identify, attract and engage an experienced Commercial and Procurement Manager.Our client provides offshore support vessels and integrated services to the oil and gas industry.Commercial Support for all New Building Projects/ Tenders. Review and negotiate all quotations from shipyards/ vendors....

  • Commercial and Procurement Manager

    3 weeks ago

    Singapore Faststream Recruitment Full time

    Faststream Recruitment has partnered with a Shipbuilder to identify, attract and engage an experienced Commercial and Procurement Manager.Our client provides offshore support vessels and integrated services to the oil and gas industry. Commercial Support for all New Building Projects/ Tenders. Review and negotiate all quotations from shipyards/ vendors....

  • Assistant Commercial Manager

    7 days ago

    Singapore ONEHUB TANK COATING PTE. LTD. Full time

    Roles & ResponsibilitiesJob Summary:As an Assistant Commercial Manager in Beng Kuang Group, you will provide crucial support in handling the commercial aspects of shipyard projects, including assisting with quotations, project costings, and contract management within Singapore and Indonesia.You will work closely with the Commercial Manager and other internal...

  • Senior Manager, Commercial Excellence

    2 weeks ago

    Singapore Abbott Laboratories Full time

    About Us: At Core Diagnostics Division we are empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people. Our diagnostic solutions are used in hospitals,...

  • Summer Associate

    23 hours ago

    Singapore Actis Manager Singapore Pte. Limited Full time

    The Summer Associate role involves working as a member the Private Equity Energy and Infrastructure deal team in Singapore, applying research, analysis and financial modelling skills to assist in the discovery and tracking of investment opportunities and to support Investment Professionals in executing and managing transactions.This will encompass gaining...

  • Associate / Senior Associate, Corporate Finance

    2 weeks ago

    Singapore PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. Full time

    Roles & ResponsibilitiesAs part of our Corporate Finance team, the responsibilities will include:· Pro-actively manage day-to-day execution for advisory and capital-raising deal.· Project management due diligence with auditors, lawyers and other professionals.· Manage communications and expectations between clients, professionals and regulators.· Manage...

  • Associate / Senior Associate, Corporate Finance

    2 weeks ago

    Singapore Primepartners Corporate Finance Pte. Ltd. Full time

    As part of our Corporate Finance team, the responsibilities will include:. Pro-actively manage day-to-day execution for advisory and capital-raising deal.. Project management due diligence with auditors, lawyers and other professionals.. Manage communications and expectations between clients, professionals and regulators.. Manage workflow with associates and...

  • Modern Trade Commercial Manager

    2 weeks ago

    Singapore Tvi Pte. Ltd. Full time

    Job Description1. Able to be a farmer and a hunter for the modern trade business2. High EQ and communications skills, able to close deals with Modern Trade Customers3. Analyse sales numbers and retail space to spot the gaps in the market and fill in to boost revenue4. Chart product roadmaps, marketing programs to grow the modern trade business segment5. Farm...

  • Commercial Director

    4 weeks ago

    Singapore Hegen Pte. Ltd. Full time

    Hegen is a fast-growing company specialising in mother and baby products and with a mission to enhance the breastfeeding journey and help ease the transition into parenthood with meaningful products and services. As one of the top 10 fastest growing companies in Singapore, Hegen takes pride in creating innovative and practical solutions for time-strapped...

  • Cluster Finance Manager

    1 week ago

    Singapore Sodexo Services Asia Pte. Ltd. Full time

    The Cluster Finance Manager is a key member of the account team and contributes significantly to delivering the value of this contract to the client and to Sodexo. The contract is new to both client and Sodexo with a proportion of the service delivery to be actioned through coordinated services arrangement.Job Responsibilities: . Contributing to the key...