Commercial Analyst – 9 month FTC

Job Category: Finance and Business
Job Type: Full Time
Job Location: England
Company Name: Close Brothers

Company Overview

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. We employ approximately 4,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange. At Close Brothers, we are here to help the people and businesses of Britain thrive over the long term. This means supporting our colleagues, customers and clients, and the communities and environment in which they operate. It means helping people and businesses unlock their potential and plan for the future with confidence, building relationships that stand the test of time. It also means that we continue to be there for the long term, whatever the economic climate, making decisions that are right for today and for generations to come. What we do Banking Banking provides specialist lending and deposits across three businesses: Commercial offers specialist and predominantly secured lending principally to the SME market; Retail provides intermediated finance through motor dealers, motor finance brokers and insurance brokers, and savings products for individuals and corporates; and Property offers residential development finance to established UK property developers, funding for commercial properties, and bridging and refurbishment loans. Asset Management Close Brothers Asset Management is a leading, vertically integrated wealth manager, providing investment management and financial planning services to private clients in the UK. Securities Winterflood is a leading liquidity provider, also offering corporate advisory services to investment trusts and institutional sales trading. Winterflood Business Services provides outsourced dealing and custody solutions to c.60 corporate clients

About the job

Overall Summary

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join the Close Brothers WorkPlace Team where you will support the management of the financial budget including management of the properties under the Group Facilities contract and managing payments within the Property and projects team, inputting into the department’s strategy for service delivery and future forecasting.

The successful candidate will engage positively with all of our supply chain and P&F team to get the best value out of our contracts and operations.

Responsibilities

  • Support in commercial assurance role for all commercial and contractual changes, including supporting management and providing required management information to support senior decision making and reporting.
  • Manage Reactive budget spend – identify trends
  • Payment of supply chain within 30days
  • Maintain channels of communication with supply chain identifying and resolving commercial issues. Support in maintaining risk and issue logs and ensuring minutes are taken and filed.
  • Support management of suppliers against their contractual SLAs/KPIs, ensuring contractual obligations are met, and all contract related risks or issues are addressed.
  • Key in leading the commercial elements of all procurements and supplier negotiation processes to ensure legally and commercially sound outcomes.
  • Review and analyse supplier spend, identifying areas for saving and efficiencies.
  • Assess commercial data for both accuracy and audit purposes, and provide input to management reports and other requests for information

WE WOULD LOVE TO HEAR FROM YOU IF:

  • Management & Accounting qualification, BTEC/ ILM3 or above
  • Excellent Stakeholder management and communication skills both written and oral
  • Ability to produce reports and analyse data
  • The ability to demonstrate an analytical approach, good problem-solving and strong negotiation skills. – Making Effective Decisions
  • Experience of managing commercial suppliers and delivering value for money, including experience of contract management and measuring SLAs, KPIs and using contractual levers. Experience
  • Knowledge of procurements, with an understanding of Bank procurement rules.
  • The lead criteria is: Experience of managing commercial suppliers and delivering value for money, including experience of contract management and measuring SLAs, KPIs and using contractual levers
  • Forecast and budget management experience across a UK wide portfolio
  • Experience of negotiating contract including understanding industry standard clauses.

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