Commercial Finance Analyst
Commercial Finance Analyst
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Job Description
Version 1 proves that IT can make a real difference to our customers businesses. We are trusted by global brands to deliver IT services and solutions which drive customer success. Our 2000 strong team works closely with our technology partners to provide independent advice that helps our customers navigate the rapidly changing world of IT. Our greatest strength is balance in our efforts to achieve Customer Success Empowered People and a Strong Organisation underpinned by a commitment to our values. We believe this is what makes Version 1 different and more importantly our customers agree. You will get exposed to bringing cuttingedge technology to bear in driving topline commercial performance whilst working within a dedicated and expanding team environment where you can shape your own future with us.
We promote a flexible work environment that empowers our teams to go the extra mile for our clients. We encourage our employees to find new and innovative ways to deliver impact and leverage new technologies.
We are looking for an innovative and selfstarting Commercial Finance Analyst to support driving our businesss competitiveness and profitability. A recently established function in Version 1 this position will be a key enabler in accelerating our business growth and success. This role will provide you with the opportunity to develop into a senior member of the Commercial Finance team as the function expands.
In this role you will typically support a more senior Commercial Finance professional on some of Version 1s most strategic pursuits or lead the financial stream of your own pursuits when required. Your role will be key in driving the pricing strategy on a particular pursuit and helping to ensure that standardised pricing models are used to optimise deal wins value delivery and deal profitability. You should be an experienced finance professional ideally with 5 years of experience of deal pricing in the IT services industry. Your responsibilities will include:
- Preparation of client pricing models as well as conducting sensitivity and data analysis on Version 1s cost base for a particular pursuit.
- Preparation of P&L / Cash Flow and other key financial indicators to enable decisionmaking for our leadership team.
- Apply statistical modelling methods to determine the potential impact of pricing strategies on profitability.
- Articulate and present key financial risks within our opportunities to make sure they are well understood and what mitigations are in place.
- Presenting the deal financial summary to our leadership team and wider stakeholders in a clear unambiguous way.
- Forecast revenue potential and market share based on market trends costs profit margins and sales volumes.
- Use industry experience to define win prices: utilise benchmarking previous deal data customer budgets and business case analysis.
- Keep informed on general pricing analysis methods and industry trends and translate into evolutions of our pricing strategies.
- Maintain a close watch on competitor pricing and bid outcomes conducting relevant analysis and determining appropriate pricing positioning for specific bids and other opportunity circumstances.
- The location is Bangalore India. Successful candidate would be expected to be based in Version 1s Bangalore office.
Qualifications :
- Commercial and analytical experience evidence of working on complex deals in IT Services would be desirable.
- A minimum of 5 years experience as a pricing professional and possess good knowledge of our industry specifically as it relates to market and competitor positioning offerings pricing approaches & strategies and general trends
- Ideally experience in developing analysing and executing pricing proposals
- Indepth knowledge of relevant statistical methods and data analysis techniques
- Proficiency in data modelling using Excel and/or other relevant toolsets.
- Excellent verbal and written communication skills
- Ability to influence key stakeholders.
- Effective reporting and presentation skills
- Enthusiastic and proactive team player.
Desirable Qualifications
- Strong problemsolving capabilities.
- Ideally possess an accountingbased qualification
- Drive to become the lead authority on pricing at Version 1 and build a scalable function to support significant growth objectives.
Additional Information :
At Version 1 we believe in providing our employees with a comprehensive benefits package that prioritises their wellbeing professional growth and financial stability.
One of our standout advantages is the ability to work with a hybrid schedule along with business travel allowing our employees to strike a balance between work and life. We also offer a range of techrelated benefits including an innovative Tech Scheme to help keep our team members uptodate with the latest technology.
We prioritise the health and safety of our employees providing private medical and life insurance coverage as well as free eye tests and contributions towards glasses. Our team members can also stay ahead of the curve with incentivized certifications and accreditations including AWS Microsoft Oracle and Red Hat.
Our employeedesigned Profit Share scheme divides a portion of our companys profits each quarter amongst employees. We are dedicated to helping our employees reach their full potential offering Pathways Career Development Quarterly a programme designed to support professional growth.
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Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
