At a Glance
- Tasks: Support profitability and costing excellence through data analysis and financial insights.
- Company: Join a dynamic team focused on commercial discipline and innovation.
- Benefits: Competitive salary, professional development, and collaborative work environment.
- Other info: Fast-paced role with opportunities for cross-functional collaboration and career growth.
- Why this job: Make a real impact by driving profitability and supporting sales teams with your analytical skills.
- Qualifications: 3+ years in Commercial/Finance with strong analytical and modelling capabilities.
The predicted salary is between 37800 - 46200 £ per year.
The Commercial Analyst supports the Head of CCP (Commercial Costing and Projects) in driving profitability, costing excellence, and commercial discipline across the business. The role acts as a key analytical partner to Sales teams, ensuring that high-quality data, financial insights, and costing models support day-to-day commercial decisions, providing financial input into customer negotiations. This position plays a hands-on role in costing related to the RFQ (Request For Quotation), cost modelling, profitability analysis, and cost recovery tracking, enabling the Head of CCP to focus on strategic leadership and stakeholder alignment.
Key Accountabilities:
- Costing & RFQ Support: Prepare detailed costings for RFQs, tenders, and pricing requests. Ensure all costings reflect latest standard costs, assumptions, and validated inputs. Support evaluation of capacity and sourcing options in collaboration with Supply Chain. Maintain consistency and accuracy across all submitted costings. Assist in implementing RFQ processes within CRM systems.
- Cost Model Development & Maintenance: Build, maintain, and update customer cost models and pricing structures. Support Sales teams with financial analysis for negotiations. Identify opportunities to simplify, standardise, and improve cost models.
- Profitability Analysis: Produce profitability reviews across products, customers, market segments, and geographic regions. Support deep-dive analysis to identify margin erosion drivers, pricing gaps, and cost inefficiencies. Prepare insights and recommendations for profitability review meetings.
- Cost Recovery Tracking: Track and analyse price increases and cost recovery actions. Support execution of targeted recovery campaigns (e.g., inflation impacts). Ensure alignment with Finance on performance tracking and reporting.
- Process & Governance: Support adherence to commercial and pricing processes. Support development and documentation of standard methodologies and tools. Improve data quality, transparency, and auditability of costing decisions. Contribute to continuous improvement initiatives led by Head of Commercial Costing.
Role dimensions:
- Strong focus on financial modelling, data analysis, and commercial insight.
- High degree of cross-functional collaboration.
- Exposure to multi-culture/multi-country/multi-market environment.
- Fast-paced, deadline-driven commercial decision support.
Internal and External Relationship / Contacts:
- Internal: Commercial Excellence team, Sales Directors and Sales managers, Finance teams (cost validation, profitability analysis), Technical/R&D (manufacturing capability), Supply Chain/S&OP (capacity & allocation), Operations (efficiency & manning assumptions).
- External: Very limited exposure (supporting role in customer-facing situations where required).
Requirements:
- Knowledge and Experience: Minimum 3 years of experience in Commercial/Finance. Knowledge and experience in financial modelling, data analysis, and business partnering within the manufacturing industry.
- Education and Certifications: University degree in Finance, Economics, Business or a related field.
- Job Specific Technical Requirements: Strong analytical and modelling capability. Commercial acumen and understanding of pricing dynamics. Attention to detail with high data accuracy standards. Ability to manage multiple priorities under tight deadlines. Strong communication and ability to translate data into insights. Proactive, solution-oriented mindset. Ability to work effectively in a matrix organisation.
Commercial Analyst in Chesterfield employer: Sonoco
Sonoco is an excellent employer that values its finance professionals by fostering a collaborative and supportive work culture. Located in a dynamic environment, employees benefit from comprehensive training and development opportunities, ensuring continuous growth in their careers. With a strong emphasis on teamwork and a commitment to excellence, Sonoco provides a rewarding workplace where your contributions are recognised and valued.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Analyst in Chesterfield
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Sonoco. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Analyst in Chesterfield
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sonoco.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Sonoco's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Sonoco
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sonoco.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Sonoco will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Sonoco employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
