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Finance Business Partner (Grocery)

Employer
Wasabi Sushi & Bento
Location
Park Royal, North West London, United Kingdom
Salary
Competitive Salary
Closing date
Feb 14, 2024

View more

Job Role
Finance Business Partner
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Founded in 2003 by Dong Hyun Kim, his mission was simple, to make fresh and flavorsome sushi and bento available to everyone. Now more than 20 years later Wasabi have 41 branches across London, other UK major cities and New York.

The journey continued in 2019 with the launch of Wasabi Home Bento exclusively into Sainsburys. After several years of great success there, the grocery business expanded launching into Tesco in September 2022. Wasabi has now firmly established itself as the No2 chilled ready meal brand and a driver of significant market growth. And we’re just getting started. The leadership team have set out their 5 year strategy which encompasses company growth, franchise and international expansion.

Our menu is renowned for its distinctiveness, freshness and flavour. The cold food range of sushi, pokes and salads are made fresh daily in our branch kitchens and our hot bento, noodle bowls and soups offer an indulgent and comforting alternative to our broad and democratic demographic.

As we prepare for out next phase of growth and innovation, we have an incredibly exciting opportunity for a Finance Business Partner (Grocery) to join our Finance Team based in Park Royal.

The Role:

We are looking for an enthusiastic and motivated Finance Business Partner to work within our Support Office. As the business grows rapidly this is an exciting and challenging time for the Finance team and the company as a whole. This role will be focusing on the Grocery channel of our business, working closely with the Grocery Managing Director and Grocery Commercial teams. This role also is a critical role on the Finance Leadership Team playing a critical role in leading our Finance Transformation program.

This role will focus on supporting the Commercial, Supply Chain, Food and Marketing, and Finance teams across all channels, as well as ad hoc support across all areas of the business. Wasabi grocery is one of the fastest growing FMCG brands and just four years since initial launch, it is now a £50m RSV brand and the #2 ready meal brand in the UK.

The ideal candidate needs to be able to work to a high level of accuracy with large amounts of data and learn finance systems quickly. This role will also require the ability to think strategically and provide detailed commercial analysis, with the ability to take your stakeholders with you on the journey.

Key

Responsibilities:


Business partnering Managing Director (executive) for Grocery and their immediate team (x3 sales) as well wider cross functional teams (Supply Chain, Food, Marketing) to a high level, building strong relationships with stakeholders, challenging decision making and becoming a true thinking partner.

Ownership and control of the entire Grocery P&L including all financials from Gross Sales through to EBITDA. This includes: Promotional funding, Trade discounts, Consumer spend, Shopper marketing as well as all People spend. This also includes responsibility and oversight over Logistics, inc route to market and third-party hauliers cost within Grocery BU.

Sign off on the closing of Grocery monthly P&L and indirectly managing the management accountant and invoicing team on all Grocery specific items from accruals, prepayments, retailer invoicing, debit notes, promo accruals, complaints amongst others.

Produce weekly and monthly KPI reporting of key business drivers, both financial and non-financial; including sales trend analysis, product mix, gross margins, service levels, price and promotional effectiveness, with variance to targets.

Contribute to the regular forecasting and planning cycle, as well as ownership over annual budgeting and setting of targets.

Supporting in strategic 5-year planning for the grocery business unit.

Approving and controlling all external spend and advising / approving negotiations and terms around Joint Business plans (JBP’s) with retailers.

Financial governance of the S&OP process (Supply and Operations Planning). Ownership of M4 and Business Unit Review ensuring inputs are accurate and timely, and that action is taken where appropriate as well as all information consolidated, reported and presented in precise and clear manor back to executives and board for monthly, YTD performance and YTG forecast.

Playing a critical role within the Finance leadership team to drive finance capabilities, process efficiency and improvement as well as helping develop, train and coach the wider finance team

Leading critical elements of our finance transformation, including process/reporting simplification and automation.

Our Requirements:

ACA/ACCA/CIMA qualification in a must

Ability to influence and impact across multiple functions, businesses and levels across the organization.

Strategic planning capability

The suitable candidate will have advanced excel skills; able to produce financial models and work accurately with large datasets.

Prior experience of NAV and BI advantageous

Experience of commercial finance and working and building relationships built on trust and credibility with strong stakeholders.

Pricing and cost analysis experience would be an advantage

Role-models strong interpersonal and communication skills

High level of attention to detail.

Organised with a flexible approach, ability to work under pressure and to meet tight deadlines.

In return we provide:

A great working environment

Pension scheme

Target Bonus

Refer A Friend Scheme

Free Sushi or hot food (vegan options available)

50% discount in our Branches

Employee Assistant Programme

Hybrid working model

Additional Leave after 2 years

Long Service Awards

Wagestream - a financial wellbeing benefit that lets you access your pay as you earn it in real time and manage savings

Life Assurance

Cycle to work

Free on-site parking

A variety of discounts (shopping, food & drink, entertainment and health & fitness) through Perkbox and

The opportunity to develop your skills within a growing company.

Our people make us who we are. Join a company where you’ll have the opportunity to work for a growing company and build a real career.

COME ROLL WITH US

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