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Commercial Finance Manager Finance · Wirral · Hybrid Remote

Posted 17 days ago

  • Bromborough, Merseyside
  • Any
  • External
  • Expires In 2 months
Founded in 2015, Oh Polly creates high-quality, innovative designs that are trend-driven, meeting our customers’ needs in an ever-evolving market without compromising on our global responsibility and ethical values. Our business model is social first, centred around our industry-leading Instagram and Facebook accounts. 2020 saw the launch of Bo+Tee, Oh Polly’s much-loved gym and activewear brand, followed by the launch of Swim in 2021, focusing solely on stylish swimwear. Fast forward to 2024 and we now have a combined following of over 8 million across the brands, selling products in almost every single country around the world. Operating via offices in Glasgow, Liverpool, London, Los Angeles, Dhaka and Guangzhou, the business has over 400 employees in the UK and 1500 directly employed worldwide. As we continue to expand our global presence, we are looking for talented, driven, and ambitious individuals to join the Oh Polly team! Here, you can expect an environment to flourish, develop and take your career to the next level.The Role:In the Finance Department, we are going through an exciting period of growth and we need more people to help us achieve this. We have a fantastic opportunity to join the Finance team. Given the fast-paced nature and variety of the Finance department, there will never be a dull moment in the role.As a Commercial Finance Manager – Gross Margin in our Finance Department, you will play a pivotal role in supporting the company's financial objectives and driving business growth. Working closely with cross-functional teams, you will provide strategic financial guidance, insightful analysis, and actionable recommendations to senior management.Responsibilities:Gross Margin AnalysisLead the analysis of gross margin performance by product category, SKU, and sales channel. Identify factors impacting gross margin, including pricing, cost of goods sold, promotions, and markdowns. Provide actionable recommendations to optimise gross margin and mitigate margin erosion risks.Pricing StrategyPartner with Merchandising, Ecommerce, and Marketing teams to develop and implement pricing strategies that balance profitability with market competitiveness. Conduct pricing elasticity analysis, competitive benchmarking, and promotional impact assessments to inform pricing decisions.Product Assortment OptimizationCollaborate with Merchandising and Product Development teams to optimise product assortment and mix based on gross margin objectives, customer demand, and market trends. Evaluate the profitability of new product launches and assortments to maximize gross margin contribution.Cost ManagementWork closely with Production teams to manage product costs and optimise sourcing strategies. Evaluate vendor negotiations, production efficiencies, and supply chain optimisation initiatives to reduce costs and improve gross margin.Promotions and Markdown ManagementEvaluate the financial impact of promotional activities, discounts, and markdowns on gross margin. Develop strategies to minimize margin dilution while effectively managing inventory levels and driving sales.Lead the development of gross margin forecasts, budgets, and targets in collaboration with the wider team. Monitor actual performance against targets, analyse variances, and provide insights to support decision-making and course corrections.Requirements:Qualified accountantPrevious experience in a similar roleStrong commercial acumenExperience working in a fast-paced environment and implementing new ways of doing thingsExcellent communication skills at all levelsMust take a hands on roleProactive and positive attitudePrevious experience of Microsoft Power BI and SQL would be an advantageCompany pensionLocation - Bromborough, Wirral - 1 day WFHCycle to work scheme50% discount on all productsExtra day off for your birthdayThis Company is an equal opportunities employerOh Polly job positions are open to all suitably qualified candidates, regardless of age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex or sexual orientation.WirralSome of Our Perks & BenefitsWe review our salaries regularlyEnhanced Holiday EntitlementYou deserve a break after all your hard workYour Birthday Off50% Discount on Company ProductsBy far our most popular benefitFlexible Working OptionsWe want to make it work for youEnhanced Company PensionYour future is importantHelping to keep you healthy in body and mindEnhanced Maternity/Paternity LeavePersonal Development PlanCycle to Work SchemeIts good for you and your environmentCompany Sick PayTo help when you are not 100%They really are lovely places to workEmployee Assistance ProgrammeSupporting physical and mental healthEmployee Rewards PlatformTo say thank you and give recognitionWorkplace, Culture & DiversityOur culture is diverse, creative and collaborative. Our teams are committed, ambitious and hard working. We offer an environment to flourish, develop and take your career to the next level.All of our clothes are designed in the U.K and we are passionate about nurturing fresh and upcoming talent within the fashion industry – whether this is through working with the latest bloggers or spotting the next marketing guru in the making!We work with hundreds of women across the world, with 70% of global senior management positions in the UK and LA being held by women – a striking contrast to the majority of fashion brands globally. Furthermore, there is no gender pay gap among workers in the same roles, regardless of where they are based around the world.We are currently experiencing phenomenal growth and there are many opportunities to join our fun and dynamic teams across the globe. Click on our current vacancies or contact our recruitment team, they would love to hear from you!About Oh Polly
Founded in 2015
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