Commercial Business Analyst

Procurement at Thames Water will be looking to deliver against strong savings targets across this and the next period, as well as delivering value over and above the pound sign. Working within a matrix environment, the successful candidate will gain great exposure to a huge range of projects, business stakeholders, suppliers and wider business streams.

The successful candidate 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.

What you’ll be doing as a Senior Commercial Analyst

• Obtaining, cleansing and analysing large and complex data files to provide insight on our historical spend.
• 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.
• 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.
• Driving the wider team to promote and imbed our technology through championing our systems and running training sessions for the Commercial and wider business including recommendations of how to enhance and develop our current commercial tools.
• 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.
• Be seen as a leader amongst the wider team of analysts providing guidance, support and coaching to further the capability of the collective.
• Be seen a subject matter expert in the wider commercial team providing guidance, support and coaching to further the capability of the collective.

Base location – Hybrid – Clear Water Court, Reading

36 hours a week.

What you should bring to the role

To thrive in this role, the essential criteria you’ll need is:

• Degree in a numerical field such as Engineering, Accountancy, Mathematics or equivalent.
• Extensive relevant experience in a previous organisation in a similar role.
• Previous experience in presenting  business cases to senior stakeholders in an organisation.
• This role requires a self-starter with a proven strong analytical mind set and proven ability to work well under pressure.
• The successful candidate must possess advanced capabilities in Excel, VBA, Power BI and Power Point. 
• Strong communication/stakeholder engagement skills.
• An effective Senior Commercial Analyst will already have a good understanding of a commercial business and experience with business analysis techniques and data modelling tools.

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.

Find out more about our benefits and perks

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.
Learn more about our purpose and values

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.

Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

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.