Vallum
27/03/2024
Full time
Role- Commercial Analyst Location: London/Nottingham - Hybrid/Flexible working including a 4-day week. What you will do: Develop a deep understanding of the Client data, tools, products, and capabilities Establish a clear segmentation of the energy and wider utilities market based on where these would offer value in solving problems, improve profitability, improve business processes, and assist in compliance with regulations, etc. Develop an understanding of the value of these to all potential customers of Client data and establish a pricing approach, methodology, and policy focused on value-based pricing Build an external network of capable and relevant professionals and academics to ensure continuous learning and relevance Validate the approach with a market competitor analysis and assessment of successful strategies and methodologies and share understanding with the business Test the pricing approach with legal, procurement and the core individuals who understand the Client market and competitive and regulatory landscape Secure acceptance and buy-in to the pricing approach from the SMT (Senior Management Team) and the key commercial stakeholders and ensure traction in all commercial pricing decisions before these are presented to the customer Ensure application of the approach in all pricing decisions and strategies Work with Marketing and Engagement (M&E) enabling effective communication of complex to customers in a way that encourages sales Contribute to the annual business strategy and plan ensuring optimised value-based pricing forms a core component of revenue and profitability growth and optimisation Working effectively as a finance team member in the commercial teams being accepted as an integral part of their ability to deliver Your typical week might be: Market and product research. Supporting/working with sales teams in developing pricing proposals. Engaging with SMT/CDO/Head of Business Development/FD on pricing strategies and approaches to optimising revenue and profit. External networking building pricing-related contacts and understanding. Building pricing models and proposals. Sharing knowledge and building an understanding of the role and importance of value-based pricing.