Commercial Control
California Garden (Americana Group)
Total years of experience :11 years, 3 Months
• Working closely with brand / category marketing teams providing support with monthly financial analysis, budgets / forecasts.
• Coordinate and direct the preparation of the budget and financial forecasts and report variances
• Analyze monthly P&L by brand/ category/ Product.
• Complete ad-hoc financial analysis on commercial initiatives to ensure robust financials behind decision making process.
• Analyze trade spends for channels and markets, compare actual spends vs budget and In Market Sales trend.
• Prepare financial models to assess profitability of Category product launches.
• Analyze returns from commercial initiatives executed by sales.
• Work closely with Brand teams to ensure commercial plans are consistent and complementary to the company’s strategies.
• Conduct IMS analysis reports.
• Create and modify financial forecasting models
• Budget preparation, forecasting and planning
• Conduct profitability analysis of new business opportunities
• Identify opportunities for cost savings or revenue improvement
• Support group’s need for data and analytical support
AR Modules
• Assist in the setting up of the credit control system
• Ensure that debts are paid in a timely manner
• Meet cash & debtor day targets set by the Firm
• Chase overdue invoices by telephone, email & letter within agreed timescales
• Maintain accurate records of all chasing activity
• Regular meetings with Fee Earners to ensure all relevant debts are managed as necessary
• Identify changes in payment patterns and propose action to avert indebtedness
• Ensure that all transactions are compliant with SARs and HMRC regulations
• Handle disputed bills and negotiate to bring payment within the agreed terms
• Provide accurate advice on billing queries
• Respond promptly and completely to both client and internal enquiries
• Propose write off of irrecoverable WIP and disbursements
• Prepare files for transfer to the Debt Recovery Dept
• Providing ad-hoc reporting as and when requested
• Post payments to accounts and allocate as required
• Undertake account reconciliations as required
• Ensure monthly processing deadlines are met as required
• Send out monthly client statements/letters as may be agreed from time to time
• Develop the credit management capability within the practice
• Provide cover for other accounting functions as requested
• Other duties as delegated from time to time by the Finance Manager or any other person
• Responsible for the collection of past due accounts, including the reference of delinquent accounts to the Dart Legal Department.
• Make recommendations to Account Managers and Sales force to reduce and/or eliminate payment deductions
• Review current Information System programs and offer ideas to increase the efficiency and accuracy of the Credit Department staff.
• Monitor the both long term and short term accounts receivables and ensure a limited overdue exposure
• Receivables annual estimate and target with analysis of the actual follow-up
• Reconciling of general ledger accounts; ensure accuracy of balances
• Preparing Annual budgets, variance analysis and timely management reporting including the monthly financial reports profitability analysis
• Customer master data management
• Issue the statement of account to the customers and ensure the balance is reconciled and agreed by the customers on quarterly basis.
• Close monitor and follow-up of the receivables for those accounts with historic collection issues; weekly report and collection forecast is required for the stakeholders.
• Regular customer visits as required to ensure indisputable receivables reconciliation and prompt collection
GL Modules
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• Provide appropriate accounting information to customers when needed
• Assist various departments in accounting issues and queries
• Analyze and perform foreign currency exchanges
• Support Auditor in conducting internal and external audits
• Reconcile general ledger accounts and revenue accounts
• Review financial reports to identify and explain variances
• Follow documentation retention policy to maintain accounting files
• Prepare cash flow statements and resolve outstanding balancing issues
• Adhere to standard accounting principles and company procedures
• Perform accounting analyses and reporting to support decision-making purposes.
• Perform month-end account closing activities and reconciliations.
• Maintain general ledger accounts and prepare journal entries for accruals and variances.
• Generate and distribute account management reports on monthly basis.
• Perform accounting analysis for cash accruals, account payables, account receivables, reconciliations and foreign exchange.
