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Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Job Title:  Commercial Finance Manager

Travel Required?:  No Travel
Date:  Jan 7, 2022
Partial remote working option

No Relocation Assistance Offered
# 121447 - Copenhagen, Copenhagen, Denmark

Location: Virum, Denmark

Reporting to: Finance Director, Northern Europe


Why Work For Colgate Palmolive:


  • The learning & development opportunities: You will refine your commercial mind-set and continue to learn new skills working closely with a cross-functional team giving you exposure to all local market departments.
  • The challenge & variety: You will operate in a fast paced operational environment, directly impacting the day-to-day performance of the business, with personal accountability for your business.
  • The global experience: You will have the opportunity to work with global brands, participate in global strategies with potential to develop your career internationally.
  • The Colgate Values: Caring, global teamwork and continuous improvement are integral to how we operate every day


Job Purpose

  • Act as a key business partner providing financial service and guidance to the General Manager, Customer Development & Consumer Experience Teams, providing operational recommendations and advice, financial planning and analysis
  • Effectively running the Country Budget processes within the agreed Company goals and Strategy. Working directly with the Northern Europe Hub to ensure accurate financial reporting
  • Proactively assisting the Customer Development Managers (CDMs) to manage Account performance
  • Strict controlling of Gross To Net spending process (accruals, analysis, reconciliations)
  • Effectively monitoring Accounts Receivable balances
  • Partner with Hub team to Control & Manage local Advertising and NVO spending
  • Ensuring that the financial processes in Denmark comply with Colgate Financial Policy and local laws


Main Responsibilities

  • Work with Customer Development organisation to determine the Account profitability and recommend appropriate changes for improvements
  • Drive the Account Planning processes, ensuring appropriate input into Budget & Estimates by Account into Planning Systems (SAP/P2A/Atlas)
  • Monitoring Risks & Opportunities (Volume/ASP/Margin) against the Account budgets, proactively proposing solutions. Working with individual CDMs to analyse and resolve Account issues
  • Leading role within the monthly commercial controlling process to present latest estimates & ensure appropriate financial rigour
  • Ensure effective internal controls are in place and monitored
  • Work closely with CDMs and Consumer Experience to ensure that brand strategy is followed in a consistent and correct manner
  • Maximise financial return through promotional effectiveness (ROI, pre & post evaluations)
  • Provide a monthly financial overview to the Hub Finance Director and General Manager, recommending changes to improve financial effectiveness and profitability. Continuously stay updated of potential customer claims and their impact on GtN
  • Provide Customer Development teams with appropriate accounting treatment for sales promotions
  • Monthly review of Trade payment accruals and current Customer Claims, to ensure adequate provisions exist
  • Support the Customer Development team in Customer negotiations & on-going evaluation of trade spend
  • Be an active member of the Hub Finance team
  • Manage, guide and develop one direct report who is responsible for Commercial Finance for Norway


Personal Attributes

  • The role is highly team based and requires highly developed interpersonal skills that enable a good team performance
  • It requires strong leadership skills to challenge and influence commercial teams
  • Strong communicator (verbal and written) and presentation skills, fluency in Danish an advantage
  • The role requires an ambitious, proactive, gregarious, innovative change agent capable of challenging all levels within the organisation
  • With many conflicting demands and aggressive timetables, the role requires a professional, planned, organised and prioritised approach to work, along with an objective and pragmatic manner
  • There is a requirement to “roll the sleeves up” and accept that, alongside the strategic work, there are day to day tasks to be completed
  • Credibility of the Team is generated by consistently accurate financial plans requiring attention to detail


Key Competencies

  • Analytical/Decision Making
  • Results Oriented
  • Consumer/Customer Focused
  • Planning/Priority Setting
  • Strategy/Vision
  • Relationship Building
  • Business/Global Perspective
  • Self-awareness/Personal Impact


Key Challenges

To be able to play a pivotal role in determining and impacting the commercial direction of the company, whilst retaining and improving tight financial control.


Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. 

For more information about Colgate’s global business, visit the Company’s web site at To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit To learn more about Tom’s of Maine  please visit

Reasonable accommodation during the application process is available for persons with disabilities. Please contact with the subject "Accommodation Request" should you require accommodation.

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