Commercial Accounting Analyst

Date: 22 Feb 2024

Location: Hemel Hempstead, GB, HP2 4TZ Solihull, GB, B90 4NA

Company: Britvic

At Britvic we’re on a journey to become the most dynamic soft drinks company. As one of the UK’s leading players in the FMCG market we pride ourselves on setting high standards, being courageous and pushing ourselves to think outside the bottle.

 

We offer consumers a range of family favourite and global premium brands such as Robinsons, Tango, J2O, R. White’s & London Essence. We exist to help people enjoy life’s everyday moments.

 

About the Role:

The Commercial Accountant Analyst is responsible for supporting the accounting and reporting of the trade investment spends (long Term Discounts (LTD), Account Development Fund (ADF) and Promotional Discounts (PD) across all routes to market.

The Commercial Accountant will also be responsible for:


•    Period-end activities and financial reporting, including working with Finance/Non Finance Managers and the Sales Teams. 
•    Business Partnering with the Channel Finance and Customer Management Teams/Sales Operations to help with managing their investment spend
•    Tight balance sheet management with regular in-depth reviews with customer management team
•    Assisting with external audits for LTD, ADF and PD
•    Supporting projects and IT system upgrades
•    Supporting manager in effective monitoring of the Promotional investment processes
•    Own the Pepsi Bottling Incentive process by managing the P&L and balance sheet by customer along with timely invoicing to PepsiCo.


Key Responsibilities:

Periodic
•    Support the preparation of robust and timely period end accounts for PD, ADF and LTD in GB in line with the group timetable 
•    Prepare SAP v SAC reconciliations
•    Create periodic reports, and ensure period end reconciliations are prepared for all investment spend balance sheet accounts, fully supported with adequate documentation and narratived
•    Support the corrective workaround and resolution of system issues impacting LTD, PD & ADF
•    Reconciling to the GB MIP to a trading contribution level by customer.
•    Run and manage the Financial Account Review process for each sector in GB.

 

Business Partnering 
•    Support the Team Leader  in the delivery of training to drive process compliance and best practise to the commercial functions
•    Provide appropriate financial support and guidance as required to Commercial teams
•    Provide support to the channel finance team and ensuring they achieve their deliverables.
•    Ad-hoc support for the Commercial Accounting Manager

 

Audit & Control
•    Identify opportunities for process improvement to improve efficiency and control
•    Prepare and provide all necessary material for the external audit in relation to investment spend GB


Knowledge, Skills & Experience Required:

•    Good understanding of financial & accounting principles
•    Good Excel skills – Minimum knowledge SUMIFS, VLOOKUPS and PIVOT tables
•    Background in FMCG preferable – retailer or manufacturer

 

Qualifications:

Part Qualified & actively studying (other financial qualifications will also be considered)

We believe we are stronger together and that’s why we’re committed to providing equal opportunities to all applicants and employees. We know that by building a truly inclusive environment where everyone feels celebrated, safe and respected - diversity and wellbeing will naturally thrive