Trainee Commercial Analysis - Kingswinford, United Kingdom - IBP Group

IBP Group
IBP Group
Verified Company
Kingswinford, United Kingdom

4 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Company History
Conex Universal Limited is a UK based business part of IBP group.

As a business established since year 1909 Conex has built a reputation as one of the top five designers and suppliers of high-quality plumbing fittings and valves in the world.

The business is committed to maintain its leading position in delivery of consistently quality products and services to customers in the domestic, commercial, industrial, HVAC and shipbuilding markets worldwide.

The Conex Bänninger brand brings together two great manufacturers of fittings and valves.

Bänninger in Giessen, Germany started as a manufacturer of iron fittings in 1909, whilst Conex Sanbra, founded in 1919 in Birmingham, UK manufactured a range of brass and chromium plated water fittings, valves, lavatory and sink mixers.

1920 saw the first introduction of the distinctive >B< trademark into the market, identifying Bänninger products.

During the 1930's, the businesses went from strength to strength with Bänninger becoming the only producer at that time of red brass fittings in Europe.

In the 1940's, Sanbra launched their unique rib-nut design compression range, and the name Conex became the one to ask for when it came to compression fittings.

'Excellence since 1909' is not only an ethos that acknowledges the history and heritage of innovation and quality, but a promise to bring the ideal of excellence to everything we do in the future.


Our strategic direction over the next five years is to take advantage of the expanding UK construction industry and gain an increased level of sales and profitability through improved investment in the manufacturing capacity, innovation, and customer service areas of the business.


Trainee Commercial analyst

Location
Kingswinford (currently operating hybrid - to be reviewed)


Salary Range
Competitive

Company pension, 5% contribution

Organisational social gatherings

Life assurance

25 days holiday plus bank holiday

Ensure the implementation and adherence to the group pricing strategy
Provide analytical support in a wide range of commercially related activities
Help monitor and improve the commercial processes and policies


Key objectives

Pricing structure and policies

  • Price controlling and margin monitoring
  • Ensure the integrity of the group price lists as per the agreed pricing strategy, including price changes and price increases.
  • Work to implement agreed price lists or price set up changes within the ERP system in all business units of the Group.
  • Take full ownership of pricing upload within the ERP system
  • Be responsible for maintaining customer tiers, terms and term comparison
  • Implement and maintain price files across different platforms including excel, ERP system and any other defined database software, including customers' own systems
  • Establish a continuous pricing audit process
  • Support multicurrency price review activities incorporating variations in raw material, internal cost change and market benchmark prices

Budget and forecasting

  • Support the multi territory monthly forecasting exercise
  • Assist the yearly Group budgeting exercise and provide necessary pricing input into the budget planning process for existing lines, regions and subregions and the evaluation of new schemes

Audits and Reports

  • Take ownership of the daily monitoring and control of order activities across the group, including volume and margin checks by territory, customer and range, to ensure compliance to the group pricing strategy
  • Manage the daily margin, price change and manual entry hold and release process
  • Check any unexpected volume demand and liaise with the planning team and local customer service teams to ensure adequate allocation of stock
  • Monitor of cost change updates and their impact on profitability for the group as well as by individual business units, product ranges, items and customers
  • Extract and optimise the information from automated reports to facilitated decision making

Tender and analytical work

  • Supporting the local commercial teams on RFQs, large bids and tenders with the potential to taking such tasks independently in the future
  • Support the analytical study of pricing for new product ranges and product range extension
  • Completing adhoc volume price and margin analysis showing the financial impact of different pricing scenarios.
  • Support regular benchmarking comparison report
  • Audit price variation linked to agreed LME adjustment agreement

Knowledge, skills and abilities

  • Excellent Excel skills including Vlookups and Pivots
  • Very strong analytical skills
  • A process and system driven person
  • Versatile in the use of various IT Systems (ERP / Mpower/CRM)
  • Must have a strong sense of urgency and ability to meet deadlines
  • Being able to plan ahead and consider potential challenges a must
  • Good time management skills and the ability to cope with several projects simultaneously
  • Flexible, adaptable, dynam
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