Commercial Analyst

Commercial Analyst

Full-Time 37502 - 41669 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse commercial data and improve processes to support NHS performance.
  • Company: Join NHS Supply Chain, making a real difference in healthcare.
  • Benefits: Hybrid work, competitive salary, 27 days holiday, and wellness support.
  • Other info: Inclusive culture with opportunities for personal and professional growth.
  • Why this job: Be part of a transformative team that puts patients first.
  • Qualifications: Experience in financial analysis and strong problem-solving skills.

The predicted salary is between 37502 - 41669 £ per year.

NHS Supply Chain has an opportunity to support the Commercial Directorate during an exciting period of transformation, working to make it easier for the NHS to put patients first. The Commercial Analyst role will report into the Commercial Manager, mainly supporting the Medical Technologies space and will be a key conduit between the Commercial Directorate, the Corporate Finance function and our Business Performance Team.

Every day you will …

  • Collect, analyse, and present commercial, business and financial data for the purpose of commercial performance, pricing integrity and saving performance.
  • Build strong relationships with stakeholders across directorates, provide expert guidance on commercial processes and influence decision making.
  • Identify root causes and implement process improvements to reduce errors, streamline workflows, strengthen controls, and improve overall operational performance.
  • Manage and enhance rebate reconciliation processes, improving accuracy, timeliness, supplier engagement, and resolution of discrepancies to maximise financial recovery.
  • Support all commercial activity within the respective Category including financial analytics and insights, savings and sales performance management and providing wider business intelligence and data governance.

What can we offer you?

  • Hybrid working opportunities, giving you the flexibility to work collaboratively in the office and remotely.
  • Annual bonus schemes, long service, and VIP colleagues' awards.
  • 27 days holiday plus bank holidays, with the option to purchase an additional 5 days.
  • In-house training, support, and access to external qualifications to maximise your potential.
  • 1 day of paid well-being leave and free access to the 24/7 Employee Assistance Programme.
  • Generous pension scheme (with us contributing 12% when you contribute 6%).
  • Access to our Flexible Benefits Scheme, where you can choose from a variety of benefits such as Life Insurance, Critical Illness Cover, Income Protection, Health Cash Plan, Dental Insurance, and additional pension contributions that suit you.
  • 2 days of paid volunteering leave, allowing you to give back to your community.
  • Access to many discounts from the Blue Light Card to NHS Discounts.

NHS Supply Chain, who are we?

Our role is to support the NHS to save lives and improve health. We are a part of the NHS family, and our role is to source, deliver and supply healthcare products, services and food for NHS trusts and healthcare organisations across England and Wales. We serve every NHS Trust and operate a national network of distribution centres, managing relationships with more than a thousand suppliers and delivering more than 8,000,000 orders each year to more than 17,000 locations. Doing all of this on behalf of the NHS gives NHS staff more time to focus on their main priority of providing excellent patient care.

What skills will help you thrive in this role?

  • Financial acumen / financial analysis – Has experience or a working knowledge of financial processes and cycles and can apply them when completing analysis tasks.
  • Costing and Budgeting - Uses comprehensive knowledge and skills to work independently on costing, budgeting and finance tasks while providing guidance and training to others.
  • Financial Modelling - Works without supervision and provides technical guidance when required on developing financial and economic models for planning and monitoring purposes.
  • Managing Complexity - Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
  • Analyse Alternatives and Recommend Solutions - Works with full competence to analyse potential solutions and create recommendations based on the expected benefits, costs, and overall value of the solution for key stakeholders and consensus forming activities.

Our Inclusive Commitment

At NHS Supply Chain, we are committed to building an inclusive environment where difference is not only valued, but celebrated, giving everyone the opportunity to thrive in their career. Developing our people is key to our success, so if this role sounds like the right next step in your career but your experience doesn’t match perfectly with the job advert, we encourage you to still apply.

Commercial Analyst employer: Supply Chain Corporation

NHS Supply Chain is an exceptional employer that prioritises the well-being and development of its employees, offering a hybrid working model that promotes work-life balance. With generous benefits including 27 days of holiday, a robust pension scheme, and opportunities for professional growth through training and qualifications, we foster a supportive and inclusive culture where every team member can thrive. Join us in making a meaningful impact on healthcare while enjoying a rewarding career in a dynamic environment.

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Contact Details:

Supply Chain Corporation Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Commercial Analyst

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We think you need these skills to ace Commercial Analyst

Financial Acumen
Financial Analysis
Costing
Budgeting
Financial Modelling
Data Analysis
Stakeholder Management

Some tips for your application 🫡

Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.

Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.

Tailor Your Documents for Us:When applying for a full-time role at Supply Chain Corporation, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!

Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.

How to prepare for a job interview at Supply Chain Corporation

Show off your analytical skills

In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!

Practice your technical know-how

Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.

Portfolio of Projects

Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.

Know their business model

Get familiar with Supply Chain Corporation’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.