At a Glance
- Tasks: Lead a dynamic team, manage cost data, and improve processes in a commercial environment.
- Company: Join a thriving Commercial Services company in Stratford, London.
- Benefits: Enjoy a competitive salary, benefits package, and opportunities for professional growth.
- Other info: Full-time office role with a supportive team culture and career advancement opportunities.
- Why this job: Make a real impact by bridging leadership and your team while developing your management skills.
- Qualifications: Strong leadership, numeracy skills, and experience with cost data and contracts required.
The predicted salary is between 50000 - 65000 £ per year.
Grafton Banks Finance are working with a Commercial Services company with offices in Stratford, London to recruit a Commercial Cost Analyst/ Manager on a full-time permanent basis. Reporting into the team of Directors, this is a newly created role to manage the Commercial team acting as a link between senior leadership and the wider team. This role combines hands-on commercial responsibilities with full team management, ensuring the accuracy, consistency, and efficiency of all cost-related activities across the department.
The successful candidate will oversee the day-to-day workload of the team, support and develop team members, and take ownership of complex contract and cost management activities. They will play a critical role in maintaining high standards, improving processes, and ensuring the team operates effectively and collaboratively. This position is ideal for someone who is confident in managing people, comfortable making decisions, and able to balance operational detail with a broader, strategic view.
Duties and Responsibilities will include:
- Directly manage, support, and develop a team of Commercial Assistants and Coordinators, acting as the first point of contact for team queries, issues, and escalations.
- Conduct regular 1:1s, monitor performance, and support ongoing development.
- Oversee the accuracy and integrity of cost data, contract updates, and system entries, analysing the data and identifying discrepancies or risks.
- Review and validate cost sheets, contract amendments, and service changes.
- Ensure consistent processes and standards are followed across the team.
- Take ownership of more complex contracts, cost models, and commercial exercises.
- Ensure accurate and consistent use of internal systems.
- Identify opportunities to improve processes, efficiency, and data quality; implement best practices for data management, reporting, and auditing.
- Act as the key liaison between the Commercial team and senior management.
- Work closely with internal Managers to ensure cost sheets are accurate and up to date; escalate key risks, issues, or trends to the Head of Department as needed.
- Support senior leadership by providing clear, concise updates and insights, also with departmental planning and priorities.
- Contribute to recruitment, onboarding, and training of new team members, if necessary; carry out any other reasonable requests as required.
- Support and guide the team in investigating subcontractor charge discrepancies.
- Manage workload distribution across the team to ensure efficiency and balance.
Key Skills required for the role:
- Strong leadership and people management skills, with the ability to motivate and develop a team.
- Excellent numeracy skills and strong commercial awareness.
- Solid experience working with cost data, contracts, and financial information.
- Advanced Excel/Google Sheets skills, with the ability to review and guide others.
- High attention to detail with a structured and analytical approach.
- Strong organisational skills with the ability to manage multiple priorities.
- Confident decision-maker with the ability to work independently.
- Excellent communication skills, with the ability to liaise effectively across all levels of the business.
This is a full-time permanent role. Working full time in office working full time hours Monday – Friday. For your experience you will be rewarded with a competitive salary and benefits package.
Commercial Cost Analyst / Manager employer: Grafton Banks Limited
Grafton Banks Finance offers a dynamic and supportive work environment in Stratford, London, where employees are encouraged to grow and develop their skills. As a Commercial Cost Analyst/Manager, you will benefit from a collaborative culture that values leadership and innovation, alongside a competitive salary and comprehensive benefits package. This role not only allows you to manage a talented team but also provides opportunities for professional development and the chance to make a significant impact within the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Cost Analyst / Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills as a Commercial Cost Analyst/Manager can contribute to their success. Tailor your responses to show you're the perfect fit!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to build confidence. Focus on articulating your experience with cost data and team management clearly and concisely.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Commercial Cost Analyst / Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Cost Analyst/Manager role. Highlight your leadership skills, experience with cost data, and any relevant achievements that showcase your ability to manage a team effectively.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience in managing teams and your knack for improving processes, as these are key aspects of the job.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your advanced Excel or Google Sheets skills. Provide examples of how you've used these tools to improve efficiency or solve complex problems in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Grafton Banks Limited
✨Know Your Numbers
As a Commercial Cost Analyst/Manager, you'll be dealing with cost data and financial information. Brush up on your numeracy skills and be prepared to discuss how you've managed cost data in previous roles. Bring examples of how you've identified discrepancies or improved processes.
✨Showcase Your Leadership Skills
This role requires strong leadership and people management skills. Be ready to share specific instances where you've motivated and developed a team. Discuss your approach to conducting 1:1s and how you monitor performance to support ongoing development.
✨Demonstrate Your Analytical Mindset
With a focus on accuracy and efficiency, it's crucial to showcase your analytical skills. Prepare to talk about how you've approached complex contracts or cost models in the past. Highlight any tools or methods you've used to ensure data integrity and quality.
✨Communicate Effectively
Excellent communication is key in this role, especially when liaising between teams and senior management. Practice articulating your thoughts clearly and concisely. Think of examples where you've provided updates or insights that influenced decision-making.
