At a Glance
- Tasks: Join a dynamic finance team as a Commercial Finance Analyst, focusing on costing and pricing strategies.
- Company: Be part of a respected manufacturing business in Alfreton with a strong reputation.
- Benefits: Enjoy hybrid working, study support, employee wellbeing programmes, and 25 days holiday.
- Other info: Casual dress code and modern office facilities with free parking enhance your work experience.
- Why this job: Contribute to impactful financial decisions while developing your analytical skills in a supportive environment.
- Qualifications: Ideal candidates should have analyst experience, strong Excel skills, and effective communication abilities.
We are currently working on behalf of a successful, well-respected manufacturing business based in Alfreton who are looking for a dynamic, part qualified Commercial Finance Analyst (Costing & Pricing) to join their strong and passionate finance team. This is a newly created role that will see you contributing to the achievement of the company objectives and help optimise and maintain accurate, competitive and profitable global pricing strategies.
Your responsibilities will include the following:
- Take ownership of collecting and maintaining accurate costing and pricing data to establish one source of the truth across the business.
- Work closely with the wider business to ensure data accuracy and usability, including an understanding of various costs like duty, import, and freight.
- Develop and evaluate seasonal pricing models to stay competitive and profitable and be comfortable discussing and making recommendations on RRP’s, mark-ups, wholesale price lists, and distributor pricing models.
- Provide pricing recommendations based on market trends and competitor analysis to help drive margin and be comfortable being part of wider discussions on NPD and minimum viable pricing.
- Provide content for and be a lead part in Strategic Sourcing Meetings, providing insightful reporting that helps to influence factory choice and commercial decision making.
- Play a key role in delivering a project to establish the next generation costing solution so that standard costings are accurately reflected in both current and future systems.
- Provide day-to-day analytical support and insights that align financial performance with strategic goals, including top performing products, product, customer and range profitability analysis.
- Identify pricing and costing trends to support planning and highlight risks and opportunities.
- Influence the forecasting process and provide information on margin performance at category, customer and territory level.
- Scenario planning and conveying various outcomes.
Ideal candidate will have:
- Significant experience in analyst roles, preferably gained in a commercial environment.
- Demonstrated excellent analytical skills and the ability to provide reporting insight and key decision support across the function.
- Recent, relevant experience within a busy finance team.
- Good knowledge of MS Office packages, particularly Excel.
- Effective communication skills at all levels.
- Experience of using an ERP accounts software package.
- Ability to work accurately under pressure and to deadlines.
- Ability to work as part of a team and on your own initiative.
- Proactive with a diligent approach to your work.
In return you will receive:
- Hybrid working (minimum of 3 days per week in the office), and early finish on Fridays.
- Study Support Package.
- Employee Wellbeing Programme.
- 25 Days Holiday & Bank Holidays.
- Great staff discounts.
- Casual dress code.
- Modern office facilities with free on-site parking.
If you are interested in finding out about this exciting opportunity, please click ‘apply now’.
Commercial Finance Analyst in Alfreton employer: Chase & Holland
Join a well-respected manufacturing business in Alfreton as a Commercial Finance Analyst, where you will be part of a dynamic finance team dedicated to driving profitability and competitive pricing strategies. Enjoy a supportive work culture that promotes employee wellbeing with a hybrid working model, study support, and generous holiday allowances, all within a modern office environment. This role offers significant opportunities for professional growth and the chance to make impactful contributions to the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Finance Analyst in Alfreton
✨Tip Number 1
Familiarise yourself with the specific financial analysis tools and methodologies that are commonly used in commercial finance. This will not only help you understand the role better but also allow you to speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in commercial roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could lead to job opportunities.
✨Tip Number 3
Stay updated on market trends and competitor pricing strategies. Being able to discuss current industry developments during your interview will demonstrate your proactive approach and genuine interest in the role.
✨Tip Number 4
Prepare to showcase your analytical skills through practical examples. Think of specific instances where you've successfully influenced decision-making through data analysis, as this will be crucial for the Commercial Finance Analyst position.
We think you need these skills to ace Commercial Finance Analyst in Alfreton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in commercial finance roles. Emphasise your analytical skills and any specific projects that relate to costing and pricing strategies.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the role and the company. Mention how your skills align with their needs, particularly in financial analysis and data-driven decision making.
Highlight Relevant Skills:In your application, focus on key skills mentioned in the job description, such as proficiency in Excel, experience with ERP software, and your ability to work under pressure. Provide examples where possible.
Showcase Your Analytical Experience:Detail your experience in conducting financial analysis and providing insights. Use specific examples of how your recommendations have influenced pricing strategies or improved profitability in previous roles.
How to prepare for a job interview at Chase & Holland
✨Know Your Numbers
As a Commercial Finance Analyst, you'll be expected to have a strong grasp of financial data. Brush up on your costing and pricing models, and be ready to discuss how you would analyse and interpret these figures to support decision-making.
✨Understand the Business
Familiarise yourself with the manufacturing sector and the specific challenges it faces. Research the company’s products and market position so you can speak knowledgeably about how your role will contribute to their objectives.
✨Prepare for Scenario Planning
Be ready to discuss how you would approach scenario planning and forecasting. Think about potential risks and opportunities in pricing strategies and how you would communicate these insights to the team.
✨Showcase Your Communication Skills
Effective communication is key in this role. Prepare examples of how you've successfully communicated complex financial information to non-financial stakeholders, as this will demonstrate your ability to influence decision-making.
