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- Tasks: Join us as a Commercial Analyst to forecast supplier income and enhance company profits.
- Company: Omega Resource Group connects talent with opportunities across various industries.
- Benefits: Enjoy 25 days holiday, free fruit, cycle-to-work scheme, and employee savings.
- Why this job: Be part of a dynamic team driving insights that impact business decisions and profitability.
- Qualifications: Experience in financial forecasting, strong Excel skills, and excellent communication abilities required.
- Other info: This is a hybrid role based in Cheltenham, perfect for balancing work and study.
The predicted salary is between 24000 - 42000 £ per year.
Our client is looking for a Commercial Analyst to contribute to achieving an accurate and robust supplier income and margin forecast to deliver company profit. The role will entail ensuring all financial information is accurate and up to date at all times.
Key Responsibilities:
- Financial forecasting including provision of insight and recommendations to senior business decision makers.
- Set up and deliver ongoing management reporting.
- Pricing and promotional management; identify opportunities to improve margin through supplier and product mix.
- Prepare and manage action plans and budgets including cost management.
- Delivering reports on time and in full, in line with board monthly cadence.
- Monthly insight deck on product switches to drive margin.
- To ensure the company delivers an accurate and robust supplier income and margin forecast to deliver company profit.
- To assist the Commercial Director in making effective category lead decisions based on supplier performance.
- To assist the Trading team with insight into supplier performance.
- To provide management reporting on supplier income and margin performance which equip the board to make effective business decisions.
- Ensure data integrity, security, and compliance with regulatory requirements.
Qualifications & Requirements:
- Financial forecasting and insight experience.
- Demonstrable experience in building forecast models using Microsoft Excel.
- Strong analytical skills and insight driven forecasting capability.
- Strong I.T and administration skills, numeracy, and a good level of English.
- Customer Service Focus, Excellent communication, interpersonal, relationship building, and stakeholder management skills.
- An action-oriented individual, who is solutions focused, exceptionally organised and can manage multiple priorities and deliver results on time.
- A good team player, with attention to detail and good problem-solving skills that follows processes.
- Experience working as a Commercial or Business Analyst or similar.
- Ability to set up and deliver weekly reports, monthly forecasts and monthly board deck to track, monitor progress and deliver insight and recommendations relevant to commercial revenue streams.
- Strong understanding of pricing and promotional management principles and best practice within a similar industry.
What we can offer:
- 25 days plus bank holidays.
- Free Fruit.
- Cycle to work.
- Tax free childcare.
- Employee saving scheme.
For more information on this role, please contact Zoey Bunn on 01453 829799 or send a copy of your CV.
Commercial Analyst employer: Omega Resource Group
Contact Detail:
Omega Resource Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst
✨Tip Number 1
Familiarise yourself with financial forecasting techniques and tools, especially in Microsoft Excel. Being able to demonstrate your proficiency in building forecast models will set you apart from other candidates.
✨Tip Number 2
Brush up on your analytical skills by working on real-world case studies or projects that involve pricing and promotional management. This hands-on experience will help you speak confidently about your insights during interviews.
✨Tip Number 3
Network with professionals in the commercial analysis field, particularly those who have experience in supplier income and margin forecasting. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss how you've successfully managed multiple priorities in past roles. Highlighting your organisational skills and ability to deliver results on time will resonate well with hiring managers looking for action-oriented individuals.
We think you need these skills to ace Commercial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial forecasting, analytical skills, and any previous roles as a Commercial or Business Analyst. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of pricing and promotional management principles. Mention specific examples of how you've contributed to margin improvement in past roles.
Highlight Technical Skills: Emphasise your proficiency in Microsoft Excel and any other relevant IT skills. Provide examples of how you've built forecast models or managed reporting in previous positions.
Showcase Soft Skills: Demonstrate your communication, interpersonal, and stakeholder management skills in your application. Provide examples of how you've successfully worked in teams and managed multiple priorities.
How to prepare for a job interview at Omega Resource Group
✨Showcase Your Analytical Skills
As a Commercial Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used analytical skills in previous roles, particularly in financial forecasting and reporting.
✨Demonstrate Excel Proficiency
Since building forecast models using Microsoft Excel is a key requirement, make sure to highlight your experience with Excel. You might even want to mention any advanced functions or tools you are familiar with that can enhance your forecasting capabilities.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenario-based questions where you may need to demonstrate how you would handle specific challenges related to supplier performance or margin improvement.
✨Understand Pricing and Promotional Management
Familiarise yourself with best practices in pricing and promotional management. Be ready to discuss how you can identify opportunities to improve margins through supplier and product mix, as this will be a significant part of the role.
