At a Glance
- Tasks: Lead complex commercial projects and provide strategic advice to enhance profitability.
- Company: Join NTT DATA UK, a diverse tech company focused on innovation and client success.
- Benefits: Enjoy career development opportunities, a supportive culture, and access to cutting-edge technology.
- Why this job: Be a trusted advisor, drive commercial innovation, and make a real impact in a global environment.
- Qualifications: 6+ years in commercial management, finance degree preferred, strong Excel skills required.
- Other info: Work in a multicultural team and engage with clients worldwide.
The predicted salary is between 43200 - 72000 ÂŁ per year.
The successful candidate will be a trusted commercial advisor and will work closely with all areas of the business, including our sales and solutions teams as well as providing commercial assistance to both financial and non-financial personnel. The role requires involvement in the structure of new and existing complex business transactions and will require a firm commercial, financial and accounting background and a clear understanding of the relevant cost and revenue drivers associated with long-term contracts.
The role requires the provision of support on Client opportunities by providing best in class commercial thought leadership, modelling, risk management and commercial innovation to optimize both our win chances and profitability of multi-tower services. Take the commercial lead on large, complex, domestic and international client opportunities by ensuring profits are maximised, risks are understood and/or mitigated, and the client needs are met and exceeded.
Utilisation of Joint Venture, Risk / Reward, Gain Sharing, flexible consumption / utility-based pricing and other pricing variations. Maintenance and development of innovative and commercially sustainable pricing models. Responsibility and creation of the contract P&L reporting of new contracts and the ability to generate savings to both the client and the company throughout the life of the contract. Responsible for the completion of asset financing requests, cashflow forecast, risk register, client pricing templates.
Analysis of existing and new pricing methodologies to help drive continuous improvement and competitiveness while remaining profitable. Governance Monitor and adhere to relevant Governance Policies. Lead Commercial Reviews with internal stakeholders including but not limited to Board, sub-region and country management teams. Ensure relevant Commercial Finance authorisations are obtained and adequately documented for audit and governance purposes.
Other responsibilities include becoming a trusted advisor on client opportunities on key areas such as transactional models, cross-border taxation, logistics and forex. Bring commercial innovation, commercial thought leadership and modelling skills to client opportunities to differentiate NTT DATA against our competition. Act as a point of contact for both internal and external stakeholders for the commercial solutions and opportunities that you are responsible for, whilst ensuring that Client expectations are met. Attend at Client meetings, onsite and remote. Provide advice and support on ad-hoc commercial matters to all areas of the business. Work closely with procurement and the legal teams to ensure favourable commercial terms with clients and vendors. Peer-to-peer review and brainstorming to ensure alternative views and possibilities are considered on each opportunity.
What experience you'll bring:
- Minimum of 6 years’ commercial management experience in a multi-national organisation within the IT industry.
- Extensive experience in complex commercial modelling and financial understanding.
- Experience of working with, and building, complex Managed Services commercial models and P&L’s.
- Finance based University degree (or higher). Advantageous if qualified in or studying towards a Finance qualification such as CIMA or ACCA.
- Excellent knowledge of English (working language).
- Advanced Excel skills, Intermediate on Microsoft Word and Powerpoint.
Personal Attributes and Skills Required:
- Ability to elevate and bring to life the commercial proposition into a compelling successful client response.
- Confident presenting to all levels of an organisation.
- Strong negotiation and influencing skills.
- Commercially minded with the ability to multitask numerous projects within a pressurized and time sensitive environment.
- Global Mindset - Cross-cultural awareness; Comfortable in multi-cultural teams; Highly motivated self-starter with an excellent level of attention to detail.
- Communication Skills - Writing; Listening; Presentation; interpersonal skills; Persuasion; Self-motivated, ability to work un-supervised as well as being able to work as part of a team in a global and sometimes pressured environment; Proactive, flexible attitude to work with a willingness to constantly review and improve skills.
- Excellent networking and relationship building skills with the ability to collaborate at all levels within the organisation.
- Strong analytical, organisational and leadership skills.
- A “people driver” capable of gaining buy-in, achieving results and managing conflicting interests across multiple areas of the business.
Upon joining the NTT DATA UK family, you will experience a culturally diverse organisation living our values of Clients First, Teamwork and Foresight as we partner with our customers every day. At NTT DATA UK, we are proud to support and invest in our people. We offer a variety of rewarding career paths and opportunities to develop professionally - with access to cutting edge innovation.
Principal Commercial Architect employer: NTT DATA
Contact Detail:
NTT DATA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Commercial Architect
✨Tip Number 1
Network with professionals in the IT industry, especially those who have experience in commercial management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in commercial modelling and financial strategies.
✨Tip Number 2
Familiarise yourself with various pricing models and commercial strategies used in multi-tower services. Understanding concepts like Joint Venture, Risk/Reward, and Gain Sharing will help you stand out as a candidate who can bring innovative solutions to the table.
✨Tip Number 3
Prepare to discuss your experience with complex Managed Services commercial models during interviews. Be ready to share specific examples of how you've maximised profits and mitigated risks in previous roles, showcasing your analytical and leadership skills.
✨Tip Number 4
Demonstrate your global mindset by highlighting any cross-cultural experiences you've had. Show that you're comfortable working in diverse teams and can effectively communicate with stakeholders from different backgrounds, which is crucial for this role.
We think you need these skills to ace Principal Commercial Architect
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your commercial management experience, particularly in the IT industry. Emphasise your skills in complex commercial modelling and financial understanding, as well as any relevant qualifications like CIMA or ACCA.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your ability to elevate commercial propositions into successful client responses. Use specific examples from your past experiences that showcase your negotiation skills and ability to work under pressure.
Showcase Relevant Skills: Highlight your advanced Excel skills and proficiency in Microsoft Word and PowerPoint. Mention your strong analytical, organisational, and leadership skills, as these are crucial for the role.
Demonstrate Cultural Awareness: Given the global nature of the role, illustrate your cross-cultural awareness and experience working in multi-cultural teams. This will show that you can thrive in a diverse environment and collaborate effectively with various stakeholders.
How to prepare for a job interview at NTT DATA
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the Principal Commercial Architect role. Familiarise yourself with the key responsibilities, such as commercial modelling and risk management, so you can discuss how your experience aligns with these requirements.
✨Showcase Your Financial Acumen
Given the emphasis on financial and accounting backgrounds, be prepared to discuss your experience with complex Managed Services commercial models and P&L management. Bring examples of how you've successfully managed finances in previous roles.
✨Demonstrate Your Negotiation Skills
The role requires strong negotiation and influencing skills. Prepare to share specific instances where you've successfully negotiated terms with clients or vendors, highlighting your approach and the outcomes achieved.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities in real-world situations. Think about past experiences where you had to navigate complex client needs or manage risks, and be ready to articulate your thought process and solutions.