At a Glance
- Tasks: Analyse costs, manage budgets, and support project performance across the Industrial division.
- Company: Join Rehlko, a leader in energy resilience with over 100 years of innovation.
- Benefits: Enjoy competitive pay, flexible work-life balance, and career development opportunities.
- Other info: Be part of a culture that values curiosity, trust, and excellence.
- Why this job: Make a real impact in creating an energy-resilient world while growing your skills.
- Qualifications: Experience in commercial analysis, strong Excel skills, and a keen eye for detail.
The predicted salary is between 45000 - 55000 £ per year.
Why Work at Rehlko
Our work is guided by our purpose: creating an energy-resilient world for a better future.
This purpose embodies the legacy we bring, with more than 100 years as the global leader in energy resilience, delivering solutions critical to sustain and improve life.
Our teams have the opportunity to provide a critical resource – energy – that ensures safety, security, and independence for people around the world.
Our team members are focused on pushing boundaries, continuing to innovate in an ever-changing landscape, and keeping up with the pace required to create solutions for today’s world demands.
Our product range includes engines, generators, power conversion, UPS systems, EV components and electrification solutions, microgrid controls and management, and clean energy solutions that serve a broad spectrum of OEM, residential, industrial, and commercial customers.
At Rehlko, you have the freedom to identify, create, and deliver solutions – large and small – that help people and communities thrive in the moments that matter.
At Rehlko, our team members are the essential energy that powers our organization’s success.
We are committed to fostering a safe and sustainable work environment where safety is everyone’s responsibility.
We empower every team member to actively participate in our Zero Is Possible safety culture by encouraging open communication, proactively reporting hazards, following protocols, and suggesting improvements.
Join us in creating an energy resilient world for a better future!
What We Offer
At Rehlko, our Total Rewards programs are designed to accelerate growth, energize performance, and support a culture of inclusion at every stage of life and work.
We offer total rewards that are easily understood, recognize results, enable career mobility, and reflect our commitment to valuing diverse needs in a fast-moving world.
We provide
- Competitive compensation and benefits
- Work-life flexibility
- Recognition and rewards
- Development and career opportunities
- A safe and inclusive workplace
- Why You Will Love this Job
- Senior Commercial Cost Analyst (Industrial)
Reporting to
Head of Commercial
Role Summary
The Senior Commercial Cost Analyst is responsible for providing commercial administration, reporting, cost analysis and financial control support across the Industrial division.
The role works closely with Project Managers, Operational Managers, Commercial and Finance teams to ensure project costs, revenues and commercial information are accurately maintained, reported and controlled throughout the project lifecycle.
The position plays a key role in supporting commercial decision-making through the provision of accurate financial reporting, cost analysis, forecasting and performance monitoring.
The role is responsible for identifying commercial risks and opportunities, maintaining robust reporting processes, and ensuring compliance with company procedures, governance requirements and contractual obligations.
The Senior Commercial Cost Analyst supports the management of lower-value and lower-risk contracts whilst providing detailed commercial insight that enables improved project performance, profitability and cash flow management across the division.
Key Responsibilities
- Work in accordance with Wilmott Group and subsidiary company procedures, using bespoke systems and complying with ISO 9001, ISO 14001 and ISO 45001 standards.
- Produce accurate and timely commercial and financial reports for senior stakeholders.
- Prepare and maintain Cost Value Reconciliations (CVRs), including condensed CVR reporting for high-risk projects.
- Analyse actual costs, budgets, forecasts and variances to identify trends, risks and opportunities.
- Maintain commercial risk registers and Level 1 commercial master trackers.
- Develop and maintain commercial dashboards, Key Performance Indicators (KPIs) and performance metrics.
- Support operational teams in the implementation and continuous improvement of reporting dashboards.
- Provide detailed analysis of revenue, margins, profitability and project cost drivers.
- Participate in weekly project progress reviews and monthly project health meetings with operational leadership.
- Monitor project, contract and operational costs against approved budgets and forecasts.
- Identify opportunities for cost reduction and efficiency improvements, working closely with Project Management and Procurement teams.
- Support contract administration activities, including applications for payment, invoicing and retention tracking.
- Ensure accurate cost allocation and accounting treatment in line with business requirements.
- Partner with operational and commercial managers to improve financial performance and project outcomes.
- Present analysis, insights and recommendations to senior leadership teams.
- Ensure compliance with commercial governance frameworks and financial controls.
- Maintain high standards of data integrity, reporting accuracy and commercial record keeping.
- Support internal and external audit activities and provide commercial reporting documentation as required.
- Drive continuous improvement initiatives across commercial reporting processes.
- Identify and implement reporting enhancements and process automation opportunities.
- Key Performance Indicators (KPIs)
The Senior Commercial Cost Analyst will be measured against the following key performance indicators:
- 1. Customer Invoicing Performance
- Achieve monthly customer invoicing targets as agreed by Finance and the Head of Commercial.
- Ensure invoicing is accurate, complete and submitted within agreed timescales.
- Support the achievement of cash flow and working capital objectives through timely invoicing.
- 2. Goods Received Note (GRN) Performance
- Achieve monthly GRN matching targets for supplier invoices as agreed by Finance and the Head of Commercial.
- Ensure supplier invoice matching is completed accurately and within agreed timescales.
- Promptly resolve discrepancies to maintain accurate cost reporting and financial control.
- 3. Cost Value Reconciliation (CVR) Reporting
- Prepare and complete monthly CVRs for all designated high-risk projects.
- Deliver CVRs within agreed reporting deadlines to support operational reviews.
- Provide accurate cost, value, margin and risk analysis for review with the Head of Project Delivery (Industrial).
- Knowledge, Skills and Experience
Essential
- Experience in a Commercial Analyst, Cost Analyst, Commercial Administrator, Quantity Surveying support or similar commercial role.
- Strong understanding of project cost control, budgeting, forecasting and Cost Value Reconciliations (CVRs).
- Experience analysing financial and commercial data to identify risks, trends and opportunities.
- Advanced Microsoft Excel skills and proficiency in commercial reporting systems.
- Ability to interpret financial data and provide meaningful commercial insight.
- Excellent numerical, analytical and problem-solving skills.
- High attention to detail and accuracy.
- Strong organisational and time-management skills.
- Excellent communication and stakeholder management skills.
- Ability to work collaboratively across commercial, finance and operational teams.
Desirable
- Experience within the construction, industrial, engineering or infrastructure sectors.
- Knowledge of contract administration, payment applications and retention management.
- Experience creating performance dashboards and management information reports.
- Experience using ERP, commercial management or project control systems.
- A relevant qualification in Finance, Commercial Management, Business or a related discipline.
- Key Competencies
- Commercial Awareness
- Financial Analysis
- Attention to Detail
- Data Integrity and Accuracy
- Stakeholder Management
- Planning and Organisation
- Problem Solving
- Communication and Influencing Skills
- Continuous Improvement
- Results Focused
- Working Relationships
The Senior Commercial Cost Analyst will work closely with
- Head of Commercial
- Head of Project Delivery (Industrial)
- Project Managers
- Operational Managers
- Commercial Teams
- Procurement Teams
- Finance Teams
- Senior Leadership Team
- Internal and External Auditors
About Us
Rehlko proudly offers a rich history steeped in creativity and commitment to our associates and communities, along with competitive benefits and compensation.
Our Purpose—Creating an energy resilient world for a better future—and
Values: Curiosity, Trust, Pace, and Excellence, are important cultural components that shape the way we work and relate to one another.
Learn more about Rehlko at https://www. rehlko. com/who-we-are.
In addition to the investment in your development, Rehlko offers a comprehensive package with competitive salaries and a range of additional benefits.
Rehlko is an equal opportunity employer that prohibits discrimination and will make decisions regarding employment opportunities, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination, promote equal opportunities in every aspect of our process.
Our Values
- Curiosity
- Seek, learn, share
- Trust
- Go farther together
- Pace
- Focus to go faster
- Excellence
- Find the win every day
Senior Commercial Cost Analyst in Nottingham employer: Rehlko
Rehlko is an exceptional employer, dedicated to creating an energy-resilient world while fostering a culture of safety, inclusion, and innovation. With competitive compensation, comprehensive benefits, and ample opportunities for career progression, employees are empowered to thrive in a supportive environment that values their contributions. Located in Loughborough, our manufacturing facility offers a dynamic workplace where team members can engage in meaningful work that directly impacts communities and the future of energy solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Cost Analyst in Nottingham
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Rehlko. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Rehlko.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Rehlko. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Senior Commercial Cost Analyst in Nottingham
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Rehlko and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Rehlko how you can be a team player!
How to prepare for a job interview at Rehlko
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Rehlko.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Rehlko's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
