Commercial Business Analyst

THAMES WATER UTILITIES LIMITED; United Kingdom; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading UK water company is seeking a Commercial Business Analyst to join their team. This role involves analyzing large datasets to provide insights into historical spending and cost efficiencies. Candidates should have a numerical degree and substantial experience in a similar role, along with proficiency in Power BI and Visual Basic. The position offers a competitive salary and additional benefits, and allows for hybrid working arrangements.

Benefits

Competitive salary

26 days annual leave

Performance-related pay plan

Generous Pension Scheme

Health and wellbeing benefits

Qualifications

• Degree in Accountancy, Business Degree, Mathematics or equivalent.
• Experience in a previous role similar to this one.
• Experience with Power BI.
• Strong communication and stakeholder engagement skills.
• Understanding of commercial business.
• Advanced knowledge of Visual Basic.

Responsibilities

• Obtain, cleanse, and analyze data for insights.
• Attend stakeholder meetings and present findings.
• Develop commercial models and pricing templates.
• Provide commercial analysis for sourcing recommendations.
• Engage with stakeholders to define the scope of analysis.
• Support internal and external meetings regarding data analysis.
• Promote technology and run training sessions.

Skills

Commercial analytical skills

Strong communication

Stakeholder engagement

Power BI

Visual Basic

Multitasking

Education

Degree in a numerical field

Tools

Power BI

Visual Basic

Job description

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 to 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.

Essential criteria

• 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 (plus 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.

About Thames Water

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’re committed to making a difference and getting us to where we want to be in the years and decades to come.