Commercial Analyst
*Job Type: Contract (6 months)
*Location: Farnborough (with parking) / Hybrid
*Salary: 35k to 45k per annum (with some flexible hours)
My client is seeking an immediately available Commercial Analyst to join their team on an initial 6-month contract basis. This role involves working closely with the finance, sales, and the operations teams to create a comprehensive cost library and conduct various financial analyses to support business decisions.
Day-to-day of the role:
*Create a cost library by drawing data from various systems and spreadsheets into a single, user-friendly spreadsheet format for business-wide use.
*Conduct variance analysis comparing actual results to forecasts and budgets.
*Build commercial revenue forecasts to aid strategic planning and decision-making.
*Support the annual product budget process, ensuring financial efficiency and accuracy.
*Analyse pricing effectiveness by comparing their market position to competitors.
*Calculate variable costs per hour to optimise operational efficiency.
*Compare revenue versus operating costs to assess profitability.
*Perform financial modelling for the onboarding of new products, projecting future financial impacts and opportunities.
Required Skills & Qualifications:
*Proven experience in a commercial analyst role or similar.
*Strong proficiency in financial modelling and analysis.
*Excellent skills in Excel and other financial software tools (power BI advantageous).
*Ability to draw insights from complex data sets and present findings clearly.
*Strong analytical skills and attention to detail.
*Ability to work effectively in a team and communicate financial concepts to non-financial colleagues.
Benefits:
*Opportunity to work in a dynamic and challenging environment.
*Exposure to strategic projects with significant business impact.
To apply for this Commercial Analyst position, please submit your CV and get in touch with Nina Mulhall at Reed Accountancy.