Head of Commercial Finance

SPC Global (ASX:SPG) is an iconic food manufacturer with a 100-year commitment to playing a positive role in the Australian economy and manufacturing industry. Our commercial business office is transitioning to Melbourne CBD and runs four Business Divisions – SPC, The Original Juice Co, Nature One Dairy and Natural Ingredients.

This is an exciting time to join our agribusiness as we unlock new growth potential and take our business global. Our business has recently revisited our values with purpose of globalising an iconic Australian brand.

The Opportunity:

We have an exciting opportunity for an experienced and motivated Head of Commercial Finance to join the passionate SPC team.

The Head of Commercial Finance will lead the Commercial Finance function at SPC Global, driving strategic financial performance, operational efficiency, and profitability across the business.

Reporting directly to the Group Chief Financial Officer (CFO), this senior leadership role will be responsible for providing high-level financial analysis, decision support, and insight into the company's commercial activities.

The Head of Commercial Finance will oversee a team of [X] direct reports, ensuring that the function delivers value through business partnering, financial analysis, and governance.

Key Responsibilities:

Corporate Finance Function Leadership

• Finance Business Partnering: Define and embed finance business partnering across SPC Global, ensuring alignment between financial strategies and business objectives. Foster strong relationships with key stakeholders in commercial, operations, marketing, and senior leadership.
• Roles & Responsibilities: Lead and manage the Commercial Finance team, defining clear roles and responsibilities to ensure optimal performance. Provide mentoring and development to direct reports, ensuring they meet the evolving needs of the business.
• People Development: Lead and develop a high-performing Commercial Finance team. Implement professional development plans and foster a collaborative, results-oriented culture.
• Timing & Delivery: Ensure timely delivery of all financial insights, reports, and recommendations. Manage deadlines for monthly, quarterly, and annual cycles in line with business requirements.

Commercial Financial Focus

• Financial Analysis & Due Diligence: Lead and conduct detailed financial analysis and due diligence for key commercial initiatives, including product launches, customer negotiations, and market expansions.
• Return on Investment (ROI) Assessment: Evaluate and assess the ROI for key business projects and investments, ensuring that all financial considerations are factored into decision-making.
• Business Case Preparation: Prepare robust business cases for new investments, business strategies, and product launches. Ensure financial assumptions are realistic, and risks are identified.
• Scenario Planning: Develop and assess various financial scenarios to anticipate potential outcomes and provide actionable insights that drive business strategy.
• Trade Spend Management: Lead the management and optimisation of trade spend. Provide detailed analysis on the effectiveness of trade spend balancing marketing support and customer claims to maximise profitability. Manage the balance sheet impact of trade spend.
• VPCM Assessment & Insight to Action: Oversee the assessment of Volume, Price, Contribution, and Margin (VPCM) against plans, identifying insights and ensuring corrective actions are taken where needed to meet targets.

Monthly/Periodic Reporting

• Divisional / Channel Contribution Reporting: Oversee the preparation of divisional and channel contribution reports, providing detailed insights into profitability and financial performance.
• Divisional / Channel Indirect Reporting: Manage the reporting of indirect costs across different divisions and channels, providing valuable analysis to control cost drivers and enhance profitability.
• Analysis to Insights: Ensure that financial analysis is translated into actionable insights, helping the business optimise its performance and respond effectively to market conditions.
• Input to FP&A Reporting Cycles: Provide key input to the Financial Planning & Analysis (FP&A) cycles, ensuring that commercial finance insights are integrated into broader financial planning and forecasting processes.

Business Planning Cycles (Governed by IBP Framework)

• Monthly: Oversee the preparation and submission of monthly commercial finance updates, ensuring alignment with business performance and financial targets.
• Quarterly Forecast: Lead the quarterly forecast cycle, ensuring timely, accurate, and insightful updates on financial performance, risks, and opportunities.
• Half Year & Annual Budget: Play a key role in the preparation of the half-year and annual budget processes. Ensure alignment with company objectives and long-term strategic plans.
• 3-Year Plan: Contribute to the preparation of the company’s 3-year strategic financial plan, ensuring that key commercial and financial assumptions are accurately reflected.

Governance

• Discount Matrix & Delegations Management: Manage the governance of the discount matrix and ensure appropriate financial controls are in place for discount approvals. Ensure that delegations are clearly defined and adhered to across the organisation.

Integration/Strategy

• Functional Responsibility Delivery: Ensure that the Commercial Finance function delivers on its responsibilities and supports strategic objectives. Partner with key business leaders to drive strategic and financial outcomes.
• Monthly Reporting Cycle: Ensure that all commercial finance reporting is aligned with the company’s monthly reporting cycle and provide clear, actionable insights for the executive team and board.

The successful candidate will have:

• Experience: At least 10 years of experience in commercial finance leadership roles, ideally within a large, publicly listed FMCG or manufacturing company. Proven ability to manage a commercial finance team and lead cross-functional initiatives.
• Qualifications: A professional accounting qualification (CA/CPA) is required. An MBA or similar advanced qualification is highly desirable.
• Leadership Skills: Strong leadership and management capabilities, with a proven ability to lead and develop high-performing teams.
• Analytical Expertise: Exceptional financial analysis, modelling, and forecasting skills. Strong experience in managing trade spend, pricing strategies, and scenario planning.
• Strategic Thinking: Ability to think strategically and provide actionable insights that directly contribute to business growth and profitability.
• Communication: Excellent communication skills, with the ability to present complex financial information to non-financial stakeholders and senior executives.
• Technical Skills: Expertise in financial systems, ERP tools, and business intelligence platforms. Familiarity with ASX regulations and corporate governance.

Our Culture:

Our employees come from all walks of life, across many cultures and backgrounds. The strength of our brands is supported through the strength of our people.

This is a rare opportunity to join a diverse, exciting workplace during a transformation period and make positive contributions to the growth of SPC.

Aside from being part of one of Australia’s most iconic businesses, SPC will also make sure you are fully trained for the job you are asked to do, and you will work in a great team environment with others who have a wealth of experience to share. We offer a competitive salary and opportunities for personal and career development.

You will be required to meet SPC’s employment criteria which will include pre-employment medical screening. Interested?

For more information contact: [email protected] or visit www.spc.com.au or apply today!