Commercial analyst jobs are currently very popular roles. This is because they incorporate an opportunity to bring your opinion into your work. So although reconciling and closing are a key part of the job, it is also about looking at the business and making informed judgments and predictions about the market.
With businesses now investing in the future more than before, we are seeing more commercial analyst opportunities become available at the part-qualified level.
Employers are currently looking to maximise their investments and seeking people who can act as a business partner but who are also cost-effective.
"Although the job will vary depending on the organization, the main objective is to maximize savings and minimise spending. As part of this, you will be having constant meetings with stakeholders, reviewing daily and non-daily KPIs (both financial and non-financial) and monitoring cashflow within the business." - Nick Louca, Associate Director.
The job is not for everyone though. Making future predictions is not an exact science - no-one can read the future after all - so you have to be confident in trusting your gut instinct to a degree. Your forecasts need to be underpinned by a solid understanding of current market conditions. As part of this, you’ll need to take into account your competitors’ performance, external regulatory developments, while considering dividends and shareholder pressure.
Although the job will vary depending on the organization, the main objective is to maximize savings and minimise spending.
To be successful in securing one of these jobs, very strong systems experience and strong analysis skills are essential. You’ll also need to be very confident dealing with other people in the business. For example, part of the job will be convincing sales directors of your arguments when they may not be fully on board with what you have to say initially. You will need to demonstrate on your CV where you have made savings and managed projects of this nature.
For part-qualified accountants, these roles offer very exciting opportunities in themselves and, beyond that, excellent career development potential. The natural next step is into a full-on business analyst role and, from there, you can specialise in a niche area (e.g. procurement, M&A etc.) and really progress your career forward in that way.
Start your analyst job search today.
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For more information, please contact:
Nick Louca, Associate Director - Commerce (New York)
+1 212 704 9900