Commercial Business Analyst

About the role

This role is within Thames Water Commercial, which is an excellent development opportunity and will suit candidates with some relevant commercial experience and a strong numerical background. Opportunity to move into the wider business at Thames Water is actively encouraged, and those joining analytical positions are seen as a great talent pool for other business streams. You will be joining at a time when the entire Water industry is transforming towards a more competitive market – the biggest change since privatisation.

What you’ll be doing as a Commercial Business Analyst:

• Obtaining, cleansing and analysing large data files to provide insight on our historical spend as well as identifying opportunities in cost and operational efficiency.
• As part of this process, using the historical data, you may also be required to provide information on our future demand.
• Attending stakeholder meetings and presenting your findings in front of the stakeholder group.
• With support from the project team, develop appropriate commercial models and pricing templates/bid sheets for each sourcing initiative, either by using existing templates or creating new models.
• Supporting the development of sourcing recommendations by providing commercial analysis of final costs versus budgets and baseline outlined in the sourcing strategy, and evidencing what additional business value has been enabled.
• Regularly engaging with stakeholders to elicit information and define the scope of analysis.
• Providing support to internal and external (supplier) meetings to explain data analysis as requested.
• Support the Analytics team to promote and embed our technology through championing our systems and running training sessions for the Commercial and wider business.

Base location: Hybrid – Clear Water Court, Reading. 36 hours a week.

What you should bring to the role:

• Degree in a numerical field such as Accountancy, Business Degree, Mathematics or equivalent.
• Extensive experience in a previous organisation in a similar role.
• Experience with Power BI.
• Hold strong communication/stakeholder engagement skills, and be able to prioritise/multitask to produce required deliverables efficiently.
• Have a good understanding of a commercial business and experience in the relevant functional area.
• Advanced knowledge of Visual Basic to be able to create macros.

What’s in it for you?

• Competitive salary.
• Annual Leave – 26 days holiday per year, increasing to 30 with the length of service (bank holidays).
• Performance‑related pay plan directly linked to company performance measures and targets.
• Generous Pension Scheme through AON.
• Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance.

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people, and the planet to thrive. It’s a big job, and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Working at Thames Water:

Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits. If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else, just let us know. We’re here to help and support.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.

Disclaimer: Due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.