Commercial Analyst

Salary - £36,659 - £49250 plus excellent employee benefits and career progression

Location – Solihull (Hybrid working)

Fixed term – 12 months

npower Business Solutions (nBS) is the E.ON UK Industrial and Commercial (I&C) pillar and a market leader in the B2B energy retail sector.  I&C is a £6 billion revenue business serving c60,000 customers and around 300,000 meter points with a view to becoming the number one B2B energy supplier in the UK.

Are you an analytical professional with expertise in cost analysis and a passion for driving commercial success? E.ON is looking for a Commercial Analyst to join our nBS Commercial Team, playing a critical role in analysing I&C contract performance, managing commission reporting, and maintaining cost accuracy.

The post holder is accountable for analysis of I&C contract performance, commission reporting and cost maintenance with a key focus on supporting delivery of our over-arching Commercial vision to protect, enhance and grow our I&C business.

The role will require stakeholder engagement with a wide range of I&C segments.

Main responsibilities of the role

• The Commercial Analyst within nBS Costing operates as a Costing Analyst, specialising in non-commodity supply costs.
• Provide non-commodity cost updates in an accurate and timely manner reflecting current and forecast market conditions.
• Build and maintain expert knowledge of non-commodity supply costs and the components of fully delivered gas and power pricing, ensuring cost updates are robust and well-understood.
• Clearly communicate complex cost information to a broad range of stakeholders in a concise and accessible manner.
• Act as a subject-matter expert for non-commodity costs, responding effectively to queries and supporting commercial decision-making.
• Provide insight and challenge on non-commodity cost assumptions to improve pricing accuracy and commercial outcomes.
• Accurate sales commission reporting through efficient process and system enhancements that mitigate risks, aligns to commission schemes and challenges results.
• Evaluate and resolve data issues impacting pricing, invoice and reporting, that impact I&C P&L while ensuring data validation throughout.
• Analysis and reporting of contract and cost performance, evaluating underlying costs and providing insight to inform commercial decisions.
• Ensuring accurate invoicing through system reconciliation for all I&C products.
• Adjust costs within day to mitigate market price risk in accordance with commercial risk strategy.
• Effective & accurate management of queries within SLAs for internal stakeholders.
• Develop a thorough understanding of system, business applications and processes.
• Engagement with stakeholders to reduce operational risk by ensuring that knowledge is shared.

• Advanced level of numeracy, commercial judgement & analytical skills.
• Ability to identify and resolve complex numeric problems.
• Results orientated, able to meet tight deadlines in a high-pressure environment.
• Can demonstrate the ability to be a good team player.
• Flexible and forward thinking.
• Continuous improvement mindset in driving change.
• Close attention to detail with the ability to provide root cause analysis.

It would be great if you have

• Experience supporting or influencing commercial decision-making through cost analysis and insight.
• An in-depth knowledge of fundamental drivers in the energy industry.
• Experience with I&C systems and processes.
• Knowledge of I&C Supply products.
• Analytical and modelling skills in MS Excel.