Rutherford Cross retained by Bute Island Foods to appoint Commercial Finance Manager

Bute Island Foods is an award-winning vegan food producer. With 30 years’ experience Bute Island Foods is one of the UK’s leading manufacturers and suppliers of dairy, lactose, and gluten free vegan cheese products. Its Sheese range is award winning, and its proud to say that all its products are certified Vegan, and most are Kosher too. The company was bought over in 2003 with the new owner and directors determined to develop and produce a wide range of alternatives to dairy food products. In the last few years with the growth of veganism and the demand for Bute Island products, Sheese-branded products are now available in all 4 of the UK’s major supermarkets, Tesco, Asda, Sainsbury’s and Morrisons as well as Waitrose and Lidl. The business now also supplies Papa John’s with Sheese for their range of vegan pizzas and side dishes. In its latest set of accounts published in 2020, the business recorded a turnover of £16.7m achieving an EBITDA of £5.3m.

In 2021 Bute Island Foods was acquired by Saputo Inc, who produce, market, and distribute a wide array of dairy products of the utmost quality across the globe, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. The deal is regarded as an indication of Saputo’s growing interest in the vegan food category. Saputo is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid milk and dairy processor.

Saputo has ambitious growth plans for Bute Island Foods, and as a result there is a need to appoint a Commercial Finance Manager. The post-holder will be tasked with, putting in place more robust processes for the preparation of management accounting and providing timely and accurate commercial information to the Sales & Marketing functions of both Bute Island Foods and Saputo. This includes planning, budgeting/forecasting, reporting, analysis, and general commercial and financial support. The opportunity to play a key role in the evolution of a vegan food production business, as it taps into new channels provided by a global corporation, represents a unique and exciting opportunity for a recently qualified accountant. There is scope for development and progression within the organisation and parent company as the business grows.

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