Commercial Analyst in Milton Keynes

Commercial Analyst in Milton Keynes

Milton Keynes Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
East West Rail Company

At a Glance

  • Tasks: Support the Commercial function by monitoring spend processes and managing purchase orders.
  • Company: Join East West Rail, a key player in the UK's largest infrastructure project.
  • Benefits: Enjoy competitive salary, generous leave, pension contributions, and advanced learning opportunities.
  • Other info: Diverse and inclusive workplace committed to nurturing talent from all backgrounds.
  • Why this job: Make a real impact on transport connections and economic growth in vibrant communities.
  • Qualifications: Strong communication skills and experience in data reporting are essential.

The predicted salary is between 30000 - 40000 £ per year.

East West Rail is a nationally significant railway project which aims to deliver much-needed transport connections for the vibrant communities between Oxford, Milton Keynes, Bedford and Cambridge. Together these communities contribute around £111 billion to the national economy each year. EWR is one of the UK’s largest infrastructure projects, which the government committed to delivering in full in the Autumn 2024 Budget, and again in the 2025 Spending Review as part of its ambition to unlock the potential of the Oxford to Cambridge Growth Corridor. EWR is being championed by the Government as a key driver to economic growth leading to a potential £78 Billion boost to the UK economy: supporting new towns, housing, and regeneration.

This role reports into the Systems & Reporting Manager and provides support across the Commercial function within East West Rail, which involves assisting the Head of Commercial Operations and Head of Assurance and Compliance. This role is responsible for monitoring the low value spend end-to-end process within East West Rail, including producing status reports, chasing at award gates and raising and managing Purchase Orders (POs).

The Commercial function provides commercial and procurement capability across the programme lifecycle, including strategy (setting the commercial strategy and advising risk allocation underpinning the delivery strategy), delivering procurement activities for the goods and services required to deliver the asset and run EWR Co, and delivering contract management services for the complex network of suppliers supporting EWR Co. Across all three of these domains, the Commercial function will run governance and reporting to measure compliance and provide commercial assurance.

Key Responsibilities:

  • Monitoring existing Spend system for low value requests, ensuring award gates are met in a timely manner.
  • Raising POs in SAP/current ERP.
  • Compiling status reports on retrospective requests to provide to the Head of Assurance and Compliance.
  • Compiling procurement reports for the business, DFT and Cabinet Office.
  • Manage the Commercial Ticketing System and respond to tickets in a timely manner.
  • Analyse trends of tickets raised to identify training needs.
  • Collate and analyse data and deliver in a format that is clear and useable.
  • Reporting key data from procurement system.
  • Completing periodic data cleanse activities in procurement system.
  • Publishing data to comply with current procurement regulations.
  • Crosschecking EWR’s finance system to ensure all suppliers are live and have up-to-date bank details.
  • Setting up contracts in SAP to mirror physical agreements and link POs to.
  • General tendering and contract management support where needed.
  • Working closely with Finance on invoice queries, closing PO’s, VAT queries and others.
  • Offering basic commercial advice to other areas of the business.
  • Team document management & control.
  • Support on external reporting to DfT and others as required.
  • Work closely with Category Managers to provide data and insight that supports category management planning and strategic approach.
  • Support with meeting minutes and arrangements as required.

Skills Knowledge and Expertise:

Essential:

  • Excellent communication skills, both verbal and written, with proven ability to influence and manage stakeholder relationships.
  • Proven experience in reporting on key data, leveraging advanced skills in MS Excel.
  • Effective problem-solving skills.
  • Ability to prioritise under pressure and deliver to deadlines.
  • Understanding of PA23 required, including a holistic understanding of the Procurement lifecycle.

Desirable:

  • Prior experience working in a similar role within a Procurement function.
  • Prior experience working in the rail industry.
  • SAP, PowerBI and Jaggaer system knowledge.

Benefits:

  • Competitive salary that reflects your skills and experience.
  • Up to 12% employer pension contribution to support your future.
  • 36 days annual leave (including bank holidays) plus the option to buy up to 2 extra days.
  • 2 volunteering days, a chance for you to give back to the community.
  • Enhanced family-friendly policies to support you and your loved ones.
  • Life assurance (4x your annual salary) for peace of mind.
  • Employee Assistance Programme for confidential support when you need it.
  • Access to Perkbox for a wide range of discounts and wellbeing benefits.
  • Recognition programme, including on-the-spot and annual awards.
  • Advanced learning and development opportunities to help you grow.

Diversity and Inclusion:

At East West Railway Company, we’re committed to building an inclusive railway for all. We believe that to do that, we must nurture a diverse team that represents the UK communities that we impact. Our approach is simple - to create an environment where everyone is welcome and able to be themselves. We celebrate diversity and are proud to be an equal opportunity employer, encouraging applications from all backgrounds and experiences. If you want to connect lives and unlock the future, then we’d love to hear from you.

Commercial Analyst in Milton Keynes employer: East West Rail Company

East West Railway Company is an exceptional employer, offering a competitive salary and extensive benefits including up to 12% employer pension contributions, 36 days of annual leave, and advanced learning opportunities. Our inclusive work culture fosters diversity and encourages personal growth, making it an ideal environment for those looking to contribute to a nationally significant infrastructure project while enjoying a supportive and rewarding workplace in Milton Keynes.

East West Rail Company

Contact Details:

East West Rail Company Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Commercial Analyst in Milton Keynes

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like East West Rail Company. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Commercial Analyst in Milton Keynes

Excellent Communication Skills
Stakeholder Management
Reporting Skills
Advanced MS Excel Skills
Problem-Solving Skills
Ability to Prioritise Under Pressure
Understanding of Procurement Lifecycle

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to East West Rail Company.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on East West Rail Company's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at East West Rail Company

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with East West Rail Company.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at East West Rail Company will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former East West Rail Company employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.