Business Associate - Commercial

Job no: 703822
Work type: Full Time
Location: Perth
Categories: Finance / Accounting

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Our team members nourish the bodies and minds of thousands of people every day, through food and support services focused on health and wellbeing. Creating bonds and connections between people and communities across Australia, Compass Group’s corporate footprint is designed for people, the planet, and communities in which we work to thrive now and long into the future.

 

We are currently recruiting a Business Associate - Commercial. In this role, you’ll play a key part in supporting one of our top 5 client partnerships, working collaboratively across business segments to drive business success and improve financial performance.

 Join a global leader that feeds innovation, drives hospitality, and powers possibility!

THE POSITION

This role will lead the Commercial team for one of Compass Group's TOP 5 portfolios and provide sound commercial support to the operations team. Key responsibilities include leading and developing a team of three, managing end-of-month reporting, budgeting, and forecasting, driving invoicing compliance, and enhancing the commercial awareness of our operational team. Promoting and supporting our Safety Culture framework is expected. A hybrid working role is offered with a minimum of 4 days in the office per week.

 

Main responsibilities:

  • Month End Close
  • Accurate & timely close process across multiple contracts
  • Performance Reporting & Analysis
  • Deliver easily digestible and actionable financial reporting, analysis and commentary to management to support decision-making, forecasting outcomes of commercial initiatives and drive value creation
  • Planning Cycle
  • Deliver 90-day forecast, annual budget, & periodic forecasting
  • Stakeholder Management
  • Provide commercial guidance to Area Managers and on site leadership teams across sites to support decision-making
  • Liaise daily with other functional areas of the business including but not limited to FP&A, business development, supply chain and legal
  • Contract and Client
  • Ensuring commercial compliance with the contract
  • Liaise and work through contract variations
  • Preparation of Contract Price Escalations
  • Lead and manage a team of 3 direct reports
  • Monitor performance and use effective leadership, coaching and communication techniques to motivate, empower and develop team
  • Cash ManagemenT
  • Timely and efficient cash collection and ultimate responsibility for the billing process
  • Commercial Modelling and Contract Compliance
  • Develop business cases for internal projects
  • Ensure contractual price escalations and variations are implemented effectively
  • Identify and implement opportunities for improvement and streamlining of existing processes
  • Encourage and embed best practice across the commercial teams
  • Retain focus on continuous improvement in all process driven activities
  • Provide regular training

 

THE PERSON               

Essential

  • Commerce / Finance / Accounting Degree qualified
  • Minimum 5+ years relevant experience
  • Sound technical and analytical skills
  • Excellent written and verbal communication skills
  • Ability to build strong stakeholder relationships and successfully influence senior management
  • Experience in budgeting and reporting across multiple service lines within a portfolio

 

Desirable

  • Post degree qualification (CA/CPA)
  • Experience in ORACLE accounting system
  • Proven ability in providing senior operations leadership with advanced finance support and influencing outcomes based on well-presented analytics

 

Please note: This role will be based in our Perth office - 12 Newcastle Street, Perth WA 6000.

 

The Benefits

Working with a large global company means you can be assured that we have an attractive benefits program! This includes comprehensive learning & development offerings, a variety of recognition programs and company discounts, an excellent salary benchmarking matrix and at this management level also includes an incentive bonus scheme! You can read all about these here: Why work at Compass

We are committed to providing a recruitment process that is fair, equitable and accessible for all. If you require adjustments or alternative methods of communication in the recruitment process, please reach out to us on either 1300TALENT or careers@compass-group.com.au 

Advertised: W. Australia Standard Time
Application close:

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