Commercial Finance Analyst in Elgin

We are seeking an experienced Commercial Finance Analyst to join our Business Analysis team at Johnstons of Elgin. This role is pivotal in driving commercial performance through insightful analysis and strategic business partnering. You will work closely with our Chief Commercial Officers, other senior stakeholders and the finance team to provide actionable insights that influence commercial decision making, pricing strategies, product profitability, and margin optimisation. You will also play a key role in budgeting and forecasting processes. This is a full time, permanent position working 38 hours a week, Monday to Friday. The role is based in Elgin, with the option to work from home, provided the successful candidate can travel to our Elgin site regularly. Salary for this role starts at £45000 depending on experience.

About the Role

The successful candidate will have the opportunity to work in a dynamic and collaborative environment.

Key Responsibilities

• Act as a trusted business partner to the Chief Commercial Officer (Brand) and Chief Commercial Officer (Private Label) and their teams.
• Deliver insightful analysis on performance drivers, identifying opportunities for growth and efficiency.
• Analyse product costs and margins, providing recommendations to improve profitability and developing pricing models.
• Develop an in depth understanding of the product costing process and drive continuous improvement.
• Create profitability models and business cases for commercial opportunities to support strategic decision-making.
• Collaborate closely with the finance team in producing monthly management information for commercial areas and provide analysis into financial performance.
• Support the development of forecasts and budgets, ensuring alignment with business objectives.
• Prepare and present high-quality reports and dashboards for senior management using Business Intelligence tools such as Power BI.

Skills & Experience

• Proven experience in a commercial finance role, ideally within a fast-paced environment.
• Experience working for an international brand with both wholesale and retail sales would be advantageous.
• Excellent data analysis skills including advanced excel are essential; experience in Business Intelligence tools such as Power BI is desirable.
• Excellent communication and stakeholder management skills.
• Strong business acumen with the ability to influence and challenge decisions.
• Degree in Finance, Accounting, or a related field and/or a professional finance qualification. Support for further education and training would be available if appropriate.

About You

• Have a degree in Finance, Accounting, or a related field and/or a professional finance qualification.
• Bring a commercially focused mindset and enjoy translating data into meaningful insight.
• Be confident working with senior stakeholders and able to build strong, trusted relationships.
• Feel comfortable challenging assumptions and influencing decisions with evidence-based recommendations.
• Take a proactive, solutions-driven approach to problem-solving.
• Be naturally curious and motivated to understand products, processes, and commercial performance drivers.
• Communicate complex information clearly, concisely, and with purpose.
• Balance attention to detail with the ability to step back and see the wider strategic picture.
• Be self-driven, keen to keep learning, and motivated by the chance to make a real impact.
• Want to be part of a company with heritage, ambition, and a global reach — and play a role in shaping its future.

About Us

Founded in 1797, Johnstons of Elgin is an innovative, luxury clothing brand celebrating 225 years of experience in working with the world’s finest fibres. Across three centuries, our family-owned company has carefully sourced cashmere and fine woollen fibres from around the world, applying the latest technology and highest quality craft expertise in our very own vertical Scottish mills. Employing over 1,000 staff, our valued employees and communities are at the heart of everything we do, producing unique, high-quality designs that are made to last. Our brand is focused on sustainability, working with natural, renewable, and biodegradable fibres and we are committed to maintaining a minimal environmental footprint. Johnstons of Elgin is proud to be an equal opportunity employer wholeheartedly supporting the principles of equality and diversity to build an inclusive workforce. Our aim is to embed diversity and inclusion in everything we do to create an environment where our employees feel safe to be their whole authentic self without having to downplay or change parts of their identity. We celebrate diversity in all its forms, which goes beyond those characteristics protected by law to include everything that makes us unique, from our backgrounds and experiences to our personalities and ways of thinking. We endeavour to provide reasonable accommodations for individuals with disabilities and encourage any candidate who requires assistance to contact us.

Don’t meet every requirement? Studies have shown that women and people of colour are less likely to apply to jobs unless they meet every single requirement or qualification. At Johnstons of Elgin, we are dedicated to building a diverse, inclusive, and authentic workplace, so if you are excited about this role but think your experience doesn’t align perfectly with the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles. Please note all applicants must be able to provide evidence of their right to remain and take up paid employment in the country the job is based.