At a Glance
- Tasks: Analyze client profitability and support financial decision-making.
- Company: VML is a global leader in creativity, technology, and consultancy with 30,000+ employees worldwide.
- Benefits: Enjoy competitive salary, professional development, and a flexible work schedule in London.
- Why this job: Join a dynamic team that values innovation and diverse perspectives while making impactful business decisions.
- Qualifications: Bachelor's degree in finance or related field; 1-2 years of relevant experience required.
- Other info: This full-time role offers career advancement opportunities in a fast-paced environment.
The predicted salary is between 28800 - 43200 £ per year.
At VML, we are a beacon of innovation and growth in an ever-evolving world. Our heritage is built upon a century of combined expertise, where creativity meets technology, and diverse perspectives ignite inspiration. With the merger of VMLY&R and Wunderman Thompson, we have forged a new path as a growth partner that is part creative agency, part consultancy, and part technology powerhouse.
Our global family now encompasses over 30,000 employees across 150+ offices in 64 markets, each contributing to a culture that values connection, belonging, and the power of differences. Our expertise spans the entire customer journey, offering deep insights in communications, commerce, consultancy, CRM, CX, data, production, and technology. We deliver end-to-end solutions that result in revolutionary work.
- Job Description: Junior Commercial Analyst (UK)
- Department: Commercial
- Reports to: Commercial Manager / Lead
Role Summary:
The Junior Commercial Analyst plays a crucial role within the Commercial team, providing financial and business analysis support related to client accounts. This position will be responsible for analysing client profitability, revenue forecasting, budgeting, and reporting. The Junior Commercial Analyst will work closely with various stakeholders, including Project Management, Account Management, and Finance, to ensure accurate and timely information is available to support business decisions.
Key Responsibilities:
- Develop and maintain financial models to forecast revenue, capacity planning and resource utilisation and expenses for client accounts.
- Prepare monthly, quarterly, and annual reports on client performance and key commercial metrics.
- Analyse client profitability and identify areas for improvement.
- Assist in the development of client budgets and monitor performance against budget.
- Analyse client contracts and identify potential financial risks and opportunities.
- Support the commercial and account management teams in pricing negotiations and contract renewals.
- Participate in the development and implementation of new commercial processes and procedures.
- Conduct ad-hoc commercial analysis and reporting as requested.
- Collaborate with other team members to ensure data accuracy and consistency.
- Stay up-to-date on industry trends and best practices in commercial analysis.
Role Requirements:
- Bachelor’s degree in finance, Accounting, Economics, Business Administration, or a related field.
- 1-2 years of experience in commercial analysis, financial analysis, or a related field, preferably within a services industry.
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel (advanced level, including pivot tables, vlookups, and other data manipulation functions).
- Experience working with large datasets.
- Knowledge of data visualization tools (e.g., Tableau, Power BI).
- Excellent communication and interpersonal skills, with the ability to interact effectively with individuals at all levels of the organization.
- Ability to work independently and as part of a team.
- Strong organizational skills and attention to detail.
- Ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
- Understanding of basic accounting and financial principles.
Additional Information:
- This role offers opportunities for professional development and career advancement within the commercial department of a large multi-national Advertising organisation.
- This is a full-time position.
- This role is based in London with 3 to 4 days per week in the office.
- A competitive salary and benefits package will be offered commensurate with experience.
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Junior Commercial Analyst employer: VML South Africa
Contact Detail:
VML South Africa Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Commercial Analyst
✨Tip Number 1
Familiarize yourself with the key responsibilities of the Junior Commercial Analyst role. Understanding financial modeling, revenue forecasting, and client profitability analysis will help you speak confidently about your skills during the interview.
✨Tip Number 2
Network with professionals in the commercial analysis field. Attend industry events or join online forums to connect with others who work at VML or similar companies. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, especially advanced functions like pivot tables and vlookups. Consider taking an online course or practicing with sample datasets to demonstrate your proficiency during the interview.
✨Tip Number 4
Stay updated on industry trends and best practices in commercial analysis. Being knowledgeable about current market conditions and tools like Tableau or Power BI will show your commitment to the role and enhance your discussions with interviewers.
We think you need these skills to ace Junior Commercial Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Junior Commercial Analyst position. Understand the key responsibilities and requirements, and think about how your skills and experiences align with them.
Tailor Your CV: Customize your CV to highlight relevant experience in commercial analysis, financial analysis, or related fields. Emphasize your proficiency in Microsoft Excel and any experience with data visualization tools like Tableau or Power BI.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and problem-solving abilities. Mention specific examples of how you've contributed to financial analysis or client profitability in previous roles.
Highlight Soft Skills: In your application, don't forget to mention your excellent communication and interpersonal skills. Provide examples of how you've effectively collaborated with teams or interacted with stakeholders at various levels.
How to prepare for a job interview at VML South Africa
✨Showcase Your Analytical Skills
As a Junior Commercial Analyst, your analytical abilities are key. Be prepared to discuss specific examples of how you've used data analysis in previous roles or projects. Highlight your experience with financial modeling and any tools you've used, like Excel or data visualization software.
✨Understand the Company’s Financial Landscape
Research VML's recent projects and financial performance. Understanding their client accounts and how they measure profitability will help you answer questions more effectively and demonstrate your genuine interest in the role.
✨Prepare for Behavioral Questions
Expect questions that assess your problem-solving skills and ability to work under pressure. Use the STAR method (Situation, Task, Action, Result) to structure your responses, especially when discussing past experiences related to budgeting or financial analysis.
✨Communicate Effectively
Since this role involves collaboration with various stakeholders, practice articulating complex financial concepts in simple terms. Show that you can communicate effectively with both technical and non-technical team members, which is crucial for success in this position.