At a Glance
- Tasks: Develop and analyse pricing strategies while collaborating with sales, operations, and finance teams.
- Company: Join a leading UK organisation based in Glasgow, known for its supportive culture.
- Benefits: Enjoy hybrid working, an on-site gym, and opportunities for personal development.
- Why this job: Shape business success in a dynamic team with real growth potential.
- Qualifications: Strong numerical skills, attention to detail, and excellent communication abilities required.
- Other info: Flexible working model: 2 days in-office, 3 days from home.
The predicted salary is between 28800 - 48000 £ per year.
Join one of the UK's leading organisations as a Commercial Analyst, based in their Glasgow headquarters with flexible hybrid working. This is a key role within the organisation responsible for developing, analysing, and maintaining pricing strategies that balance competitiveness with profitability across their service portfolio. You'll work closely with colleagues in sales, operations, and finance to deliver commercially viable pricing models that reflect market conditions, client needs, and legal obligations.
Key Responsibilities:
- Develop detailed pricing models that factor in labour, overheads, and operational requirements.
- Conduct cost analysis and variance reporting to highlight risks and opportunities.
- Support tender processes with accurate, competitive pricing input and documentation.
- Liaise with internal teams, clients, and contractors to ensure alignment on costs and budgets.
- Ensure all costings comply with company standards, legal regulations, and contract requirements.
- Maintain detailed records of costings, correspondence, and pricing documentation.
- Monitor project progress to ensure adherence to agreed pricing and contractual terms.
- Ensure compliance with employment legislation and internal policies in all cost estimates.
- Identify and recommend opportunities for cost optimisation and improved efficiency.
- Research market trends, competitor pricing, and customer expectations to guide pricing strategy.
What We’re Looking For:
- Strong numerical and analytical skills with excellent attention to detail.
- Confident communicator with strong interpersonal skills for engaging with clients and teams.
- Highly organised with strong time management skills and the ability to meet deadlines.
- A proactive and self-motivated individual who takes initiative and delivers results.
- Ability to work independently and collaboratively in a team environment.
- Solid understanding of labour costs and commercial pricing principles.
On Offer:
- Hybrid working model (2 days in-office, 3 from home)
- On site gym
- Be part of a dynamic and supportive team
- Play a pivotal role in shaping business success, real scope for development within the role
- Opportunities for development in a growing, people-focused organisation
Commercial Analyst employer: Hutcheon Mearns
Contact Detail:
Hutcheon Mearns Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies and commercial analysis. Understanding how competitors are pricing their services can give you an edge in discussions during interviews.
✨Tip Number 2
Brush up on your numerical and analytical skills. Being able to demonstrate your proficiency in data analysis and cost modelling will be crucial, so consider practicing with real-world examples or case studies.
✨Tip Number 3
Network with professionals in the field of commercial analysis. Engaging with others in similar roles can provide insights into the industry and may even lead to referrals or recommendations for the position.
✨Tip Number 4
Prepare to discuss your experience with cross-functional teams. Since the role involves liaising with sales, operations, and finance, having examples ready that showcase your collaborative skills will be beneficial.
We think you need these skills to ace Commercial Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Commercial Analyst. Familiarise yourself with pricing strategies, cost analysis, and market research as these are key components of the role.
Tailor Your CV: Highlight your numerical and analytical skills in your CV. Include specific examples of past experiences where you developed pricing models or conducted cost analysis, as this will demonstrate your suitability for the position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with their needs, particularly your ability to work collaboratively and your understanding of commercial pricing principles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Hutcheon Mearns
✨Showcase Your Analytical Skills
As a Commercial Analyst, you'll need strong numerical and analytical skills. Be prepared to discuss specific examples of how you've used data analysis in previous roles to inform pricing strategies or improve efficiency.
✨Demonstrate Communication Skills
This role requires confident communication with various stakeholders. Practice articulating your thoughts clearly and concisely, and be ready to explain complex pricing models in simple terms during the interview.
✨Highlight Organisational Abilities
With responsibilities like maintaining detailed records and managing deadlines, it's crucial to demonstrate your organisational skills. Share examples of how you've successfully managed multiple tasks or projects simultaneously.
✨Research Market Trends
Understanding market conditions is key for this position. Before the interview, research current trends in pricing strategies within the industry. Be ready to discuss how these trends could influence your approach to pricing at the company.