Commercial Analytics Manager

Octopus Energy Group; Greater London; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Octopus Employee Benefits

Job summary

Octopus Energy is seeking a Commercial Analytics Manager to modernise forecasting, automate data pipelines, and optimise margins. You will collaborate with Data and Finance teams, delivering robust insights and strategic scenarios for senior leadership.

You will lead the transition from multi-tab spreadsheets to Python/SQL-based insights, ensuring accurate forecasting and meaningful variance analyses across business units.

Qualifications

• 3+ years using data and coding to solve commercial, pricing or financial problems.
• Proven track record replacing legacy spreadsheet processes with automated solutions.
• Strong financial acumen with margins, forecasting and variance analysis.

Responsibilities

• Provide portfolio-level reporting for net margins including revenue, cost of sales, debt and Opex.
• Lead development and management of the company’s forecast with accuracy and strategic alignment.
• Investigate variances and interrogate cost stack to influence pricing decisions.
• Develop margin optimisation strategies including pricing adjustments and process improvements.
• Improve gross margin calculations with Finance and Pricing teams.
• Lead meetings with senior stakeholders to present options for decision making.
• Provide monthly reporting packs covering budgets and variance analysis.
• Collaborate with business units for inputs and forecasting assumptions.
• Move forecasting tools from spreadsheets to Python and SQL-based analysis.
• Compare forecasts with monthly actuals and investigate variances across the book.

Skills

SQL

Python

Data analytics

Forecasting

Variance analysis

Stakeholder comms

Automation

Energy sector exp

Tools

Python

SQL

Job description

About Octopus Energy for Business

Octopus Energy for Business (OEB) is a rapidly scaling energy supplier with more than 130k business customers. We aim to accelerate the business sector’s transition to net zero whilst providing low-cost energy that meets the needs of our customers.

We’ve pioneered PPA-backed supply for mid-market businesses through Electric Match, led the way for SME smart tariffs with Shape Shifters and are the established market leader for enabling EV public charging through energy supply and services.

About the role

We’re seeking a highly skilled and data-driven Commercial Analytics Manager to modernise how we track and forecast our financial performance. In this role, you’ll take ownership of our business forecasting processes and lead the transition away from legacy, multi-tab spreadsheets. By leveraging modern data tools, you will build robust, automated pipelines to analyse margins, investigate variances, and provide actionable insights that optimise OEB's financial performance. You’ll collaborate closely with our Data team, finance teams, and senior leadership to ensure our financial strategies align with the company's sustainable growth objectives.

What you'll do

• Provide consistent portfolio level reporting for OEB to determine overall net margins. This will include revenue, cost of sales, debt and operational expenditure.
• Lead the development and management of the company’s forecast, ensuring accuracy and alignment with strategic goals.
• Work with the team to interrogate the entire cost stack to influence pricing decisions.
• Develop margin optimisation strategies, including pricing adjustments, cost reductions, and process improvements.
• Improve accuracy of gross margin calculations in partnership with Finance and Pricing teams.
• Lead meetings with colleagues and senior management to provide clear options in the decision making process.
• Work closely with the pricing team to influence key decisions to ensure we provide customers with a wide range of tariffs which are set with a conscious view of outturned margins.
• Provide monthly reporting packs to monitor different aspects of performance including budgets and variance analysis.
• Work closely with business units to gather key inputs and assumptions for accurate forecasting.
• Improve the tools behind our forecasting, moving away from spreadsheet-heavy processes towards Python and SQL-based analysis.
• Compare forecasts with monthly actuals and thoroughly investigate variances across the business's book.

What you'll need

• Strong proficiency in SQL to extract, manipulate, and transform complex commercial data.
• Experience using Python for data analysis, automation, or financial modeling.
• A minimum of 3 years experience of using data and coding to solve commercial, pricing, or financial problems.
• A proven track record of untangling complex, legacy spreadsheet processes and replacing them with streamlined, automated solutions.
• Strong financial acumen, particularly with reporting margins, forecasting, and variance analysis.
• The ability to bridge the gap between commercial finance and data analytics, summarising complex findings into clear narratives for senior, non-technical stakeholders.
• A self-starter mentality with the confidence to take ownership of a growing area, solve complex problems, and constantly introduce new processes.
• Ideally, previous financial, commercial, or pricing experience within the energy industry (considered a strong bonus, though we are open to exceptional data-driven candidates from other sectors).

Why else you'll love it here

Wondering what the salary for this role is? Once you're in the interview process with one of our recruiters, it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don’t advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn’t apply to Octopus - what's more important to us is finding the right octofit!

Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We were named the UK's top company to work for in 2025, and we ranked in the top ten in the Sunday Times Best Places to Work 2026. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership

Visit our UK perks hub - Octopus Employee Benefits

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential.Need any specific accommodations?Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we’re looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.