Commercial Business Analyst in Reading

Join to apply for the Commercial Business Analyst role at ACCA Careers. This role is within Thames Water Commercial and offers an excellent development opportunity for candidates with relevant commercial experience and a strong numerical background. Opportunity to move into the wider business at Thames Water is actively encouraged, and analysts are seen as a valuable talent pool for other business streams. You will be joining at a time when the entire water industry is transforming towards a more competitive market – the biggest change since privatisation.

What you’ll be doing:

• Obtaining, cleansing and analysing large data files to provide insight on historical spend and identify opportunities in cost and operational efficiency. This may also include providing information on future demand.
• Attending stakeholder meetings and presenting findings to stakeholders.
• With support from the project team, developing commercial models and pricing templates/bid sheets for sourcing initiatives, either by using existing templates or creating new models.
• Supporting the development of sourcing recommendations by providing commercial analysis of final costs versus budget and baseline outlined in the sourcing strategy, evidencing enabled business value.
• Regularly engaging with stakeholders to elicit information and define scope of analysis.
• Providing support to internal and external (supplier) meetings to explain data analysis as requested.
• Supporting the Analytics team to promote and embed technology through championing systems and running training sessions.

What you should bring to the role:

• Degree in a numerical field such as Accountancy, Business, Mathematics or equivalent.
• Extensive experience in a similar role.
• Experience with Power BI.
• Strong communication/stakeholder engagement skills and ability to prioritise/multitask to produce required deliverables efficiently.
• Good understanding of commercial business and experience in the relevant functional area.
• Advanced knowledge of Visual Basic to create macros.

What’s in it for you:

• Competitive salary.
• Annual leave – 26 days holiday per year, increasing to 30 with length of service (plus bank holidays).
• Performance‑related pay plan linked to company performance measures and targets.
• Generous pension scheme through AON.
• Access to benefits for health, wellbeing, and finances, including annual health MOTs, physiotherapy and counselling, Cycle to Work schemes, shopping vouchers, and life assurance.

About Thames Water:

We’re the UK’s largest water and wastewater company, serving more than 16 million customers every day to supply water for taps and toilets. We aim to build a better future, helping customers, communities, people, and the planet thrive.

Working at Thames Water:

Thames Water is a diverse, rewarding, and inclusive place to work with meaningful career opportunities, flexible arrangements, and excellent benefits. If you desire a sustainable career that makes a daily difference, we’ll support you every step of the way. We welcome applications from everyone and ensure you feel supported throughout the recruitment process. If you need adjustments, we’re here to help. When a crisis occurs, we rally to support customers, offering frontline ambassador training.

Disclaimer: Due to high volume of applications, the advert may close earlier than advertised. Apply as soon as possible to avoid disappointment.

Seniority level: Mid‑Senior level. Employment type: Full‑time. Job function: Business Development and Sales. Industry: Accounting.