Senior Finance Business Partner – Groceries

Hybrid - Full Time - New Verticals Finance

Cyprus

Application ID: 5330

We are looking for a Senior Finance Business Partner – Groceries who will own the commercial finance function for our most complex operational vertical. Groceries operates across three countries with multiple subsidiary entities under two accounting standards, and is expected to become our highest-frequency business. In this role, you will define the standardised financial framework across all entities, build driver-based forecasting models from scratch, challenge growth assumptions and unit economics with the business leadership team, and lead the clean-up of fragmented financial data into reliable, automated reporting. You will own target-setting, rolling reforecasts, path-to-profitability modelling, and investor-ready narratives — acting as the single commercial finance voice for a vertical that today has no independent financial challenge. This is a greenfield role with significant autonomy and direct impact on IPO readiness.
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Key Responsibilities

  • Define and enforce the standardised financial framework for Groceries across all entities and countries — common KPI definitions, contribution margin waterfall (CM1–CM5), and LFL vs non-LFL separation. Work with subsidiary accounting teams and InDrives financial controllers (in the Accounting team) to ensure reporting infrastructure delivers clean, timely, and reconciled data that supports commercial decision-making
  • Build and maintain the path-to-profitability model: store maturity curves, private label margin impact, expansion scenarios, and 3–5 year forecasts
  • Own and challenge annual and quarterly revenue targets — build bottom-up from store-level driver assumptions, reconcile against top-down targets, and formally flag where targets are not supported by operational reality
  • Lead business-side financial governance for grocery subsidiaries: coordinate audit support with subsidiary accounting teams, oversee US GAAP transition impact on commercial metrics, and ensure consolidated reporting inputs are accurate and delivered on time. You do not own the accounting entries — you own the commercial integrity of what gets reported
  • Challenge and validate reported revenue and cost actuals received from subsidiary teams before they feed into commercial models and forecasts — ensure the numbers make sense commercially, flag anomalies, and push back where source data is inconsistent or unexplained
  • Drive the clean-up and automation of Groceries financial data flows: work with InDrives accounting team and subsidiary accountants to move from manual, fragmented spreadsheet-based reporting to structured, system-based data feeds that provide reliable actuals at entity, geography, and store level
  • Own the groceries KPI driver model at consolidated level: orders → GMV → AOV → take rate → net revenue, with entity, geography, and store maturity splits
  • Weekly performance tracking against budget and stretch targets with early warning escalation when run-rates indicate risk to quarterly or annual commitments
  • Own monthly rolling reforecasts — update driver assumptions based on latest actuals, quantify risks and opportunities, and provide management with a credible landing range
  • Scenario modelling: quantify the impact of growth levers (new store openings, private label, geographic expansion, frequency improvement) and give the business a range of outcomes, not a single number
  • Automate consolidated forecasting into Workday Adaptive Planning and build Tableau dashboards for executive reporting
  • Commercially challenge the Groceries Director on growth assumptions, unit economics, and investment cases. Prepare investor-quality narratives for board and IPO workstreams
  • Own the annual Groceries budget: revenue by entity, OPEX by cost centre, CAPEX (darkstore build-out). Build from store-level drivers

Skills, Knowledge & Expertise

  • Management consulting, Big 4 advisory background or CIMA/ACCA qualification (or equivalent management accounting credential) strongly preferred
  • Experience with marketplace, e-commerce, or grocery/retail economics (GMV, take rate, contribution margin, store-level unit economics) is a strong advantage (especially darkstores)
  • 7+ years experience in commercial finance, FP&A, or finance business partnering, with at least 2 years in a senior or lead role
  • Demonstrated experience in multi-entity consolidation, ideally across different accounting standards (IFRS/US GAAP)
  • Strong financial modelling skills: able to build driver-based models from first principles in Excel — comfortable with a blank spreadsheet, not just inherited templates
  • Proven ability to commercially challenge senior business stakeholders – comfortable presenting data-backed recommendations and saying “no”
  • Experience with Workday Adaptive Planning and/or Tableau is preferred but not required
  • People management experience: track record of developing junior finance professionals into commercially capable partners
  • Experience in audit coordination and financial governance across subsidiary entities
  • Strong communication skills: ability to translate complex financial analysis into clear recommendations for non-finance audiences
  • Problem-solving orientation: hypothesis-driven, comfortable with ambiguity, can structure analysis without templates

Job Benefits

  • Stable salary, official employment
  • Health insurance
  • Hybrid work mode and flexible schedule
  • Relocation package offered for candidates from other regions
  • Access to professional counseling services including psychological, financial, and legal support
  • Discount club membership
  • Diverse internal training programs
  • Partially or fully paid additional training courses
  • All necessary work equipment

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