Rutherford Cross is working with a Private Equity backed business, based in Glasgow, to recruit for the newly created role of Commercial Finance Manager. The role will be a welcome addition to the already established finance function and is essential in order to support the business on their upwards trajectory. The Commercial Finance Manager role will be operating at senior and strategic level, involving extensive liaison with stakeholders both internally and externally.

The role will own, develop and deliver a robust Procurement Function, managing all day-to-day activities, as well as leading and developing a small team. The purpose of this role is to strengthen the Procurement Function, act as a strategic leader and establish savings in contracts where there are opportunities within the business to do so. The Commercial Finance Manager will also lead the function in the development of forward-looking cost trajectories and lead the budget process while ensuring high levels of diligence around contracts.

A summary of key responsibilities is below:

• Lead and own all day-to-day activities within the Procurement function
• Develop, own and deliver a robust Procurement Strategy
• Develop and manage a contracts databank to articulate major spend areas, contracts, terms, costs and alternative options
• Develop and manage a detailed criteria databank, allowing efficiency of tendering and renewal processes (e.g., link to underlying volumes, assets and spends on which contracts are based)
• Instil a tendering methodology to standardise a process for robust, independent and appropriate contracting across multiple areas
• Advance, refine and own strategic cost management opportunities in all departments through understanding, capture and analysis of spends and alternative options across major spend areas
• Lead the function in the development of forward-looking cost trajectories focused on understanding market movements, risks, opportunities and risk
• Anticipate business challenges and recommend solutions to meet forecast commitments
• Lead, coach and develop direct reports in business partnering and financial activities
• Lead the budget process, identify and schedule expected inflationary movement across all impact lines

The successful candidate will ideally be a qualified accountant by training, who can operate at a senior level with the intuitive ability to understand and manipulate data. Some previous exposure to a Procurement function would be highly advantageous, as well as excellent interpersonal and communication skills to effectively negotiate on contracts. The role is offering a highly attractive salary up to circa £72,000 level DOE, along with a range of benefits.