Senior commercial business analyst
What is the purpose of this role?
We are currently seeking a Senior business analyst to provide invaluable analytical support to the wider procurement team, who deliver against strong savings targets across this and the next period, as well as delivering value over and above the pound sign.
You will be heavily involved in the assessment of opportunities with stakeholders and closely involved in the day-to-day delivery of sourcing projects ensuring that recommendations reflect the best possible value and are in line with business objectives.
As a Commercial Business Analyst, your time will predominantly be split between data analytics, supporting sourcing managers with market analysis, and stakeholder engagement.
What makes this opportunity unique?
You will gain great exposure to a huge range of projects, business stakeholders, suppliers and wider business streams. The team is currently responsible for ??1.5billion worth of spend per year, with contract values ranging between circa ??100,000 through to hundreds of million pounds.
This role will suit candidates with good commercial experience and a strong numerical background. Opportunity to move into the wider business is actively encouraged, and those joining analytical positions are seen as a great talent pool to other business streams.
What will this role involve?
Obtaining, cleansing and analysing large and complex data files to provide insight on our historical spend as well as identifying opportunities in cost and operational efficiency using historic and forecast information.
Leading and supporting stakeholder (project) meetings and presenting findings in front of stakeholder group, which may involve senior level commercial and operational managers to drive decision making.
Developing and recommending appropriate commercial models and pricing templates/bid sheets for each sourcing initiative either by using existing templates or creating new models working closely with the project team.
Supporting the development of sourcing recommendations, by providing commercial analysis of final costs verses budgets and baseline outlined in sourcing strategy, and evidencing what additional business value has been enabled.
Demonstrating a thirst for knowledge to understand the macro and micro trends in the wider supply chain and applying these to commercial strategy.
Regularly engaging with stakeholders to elicit information and define scope of analysis and providing support to internal and external (supplier) meetings to explain data analysis as requested.
Undertaking a key role in the strategical planning process within commercial including analytical support to enable project forecasting and prioritisation including recommendations to Commercial Business Partners of future opportunity areas.
What skills are we looking for?
Do you have extensive experience within a similar role? Have you got a degree in Mathematics, Accountancy, Business Studies or equivalent? If yes, apply now!
This role requires a self-starter with a proven strong analytical mind set and proven background in a Commercial setting.
You will possess intermediate PowerPoint, Visual Basic and Excel capabilities (pivot tables, v look ups and creating charts) as well as either a relevant degree or equivalent.
You will be self-sufficient, hold strong communication/stakeholder engagement skills, and be able to prioritise/multitask to produce required deliverables efficiently. Key to this role is also the ability to isolate key issues and draw sound conclusions from various sources of information.
As an effective Senior Commercial Analyst you will already have a good understanding of a commercial business and experience with business analysis techniques. Experience with business analysis techniques, Datamodelling tools would be desirable but is not essential.
Information & Salary
This role is based in Reading, only minutes from Reading train station and 25 minutes from London Paddington. We're offering a salary of up to ??45,000 depending on skills and experience, plus a competitive pension scheme and wider benefits package.