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- Tasks: Join us as a Commercial Analyst, forecasting supplier income and margins to boost profits.
- Company: Omega Resource Group connects talent with opportunities across various industries.
- Benefits: Enjoy 25 days holiday, free fruit, childcare savings, and a vibrant work culture.
- Why this job: Be part of a dynamic team, making impactful decisions and driving business success.
- Qualifications: Experience in financial forecasting, strong Excel skills, and excellent communication abilities required.
- Other info: Hybrid working model available; perfect for balancing studies and work.
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.
- Ensure the company delivers an accurate and robust supplier income and margin forecast to deliver company profit.
- Assist the Commercial Director in making effective category lead decisions based on supplier performance.
- Assist the Trading team with insight into supplier performance.
- 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.
- 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.
- 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.
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
Network with professionals in the industry, particularly those who work as Commercial Analysts or in similar roles. Engaging with them can provide valuable insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest trends in pricing and promotional management. Understanding best practices in these areas will help you speak confidently about how you can contribute to improving margins.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data to drive business decisions in previous roles. This will showcase your analytical skills and your ability to provide actionable insights.
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 align your skills with what the company is looking for.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in pricing and promotional management can contribute to their goals. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: Provide examples of how you've used Microsoft Excel to build forecast models or manage data. Highlight any experience you have with reporting and insights that have influenced business decisions, as this is crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. Ensure that all information is clear and concise, as attention to detail is essential for a Commercial Analyst.
How to prepare for a job interview at Omega Resource Group
✨Showcase Your Financial Forecasting Skills
Be prepared to discuss your experience with financial forecasting. Highlight specific models you've built using Excel and how they contributed to business decisions. This will demonstrate your analytical skills and understanding of the role.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve hypothetical problems related to pricing and promotional management. Think about past experiences where you identified opportunities to improve margins and be ready to share those insights.
✨Demonstrate Your Communication Skills
As a Commercial Analyst, you'll need to communicate complex data clearly. Practice explaining your past reports and insights in a way that non-analysts can understand. This will show your ability to build relationships and influence stakeholders.
✨Emphasise Your Attention to Detail
Given the importance of data integrity in this role, be ready to discuss how you ensure accuracy in your work. Share examples of how your attention to detail has positively impacted your previous projects or reports.
