What does a Commercial Analyst do?
Published 3 min read
A commercial analyst is responsible for providing analysis and support to the commercial team in order to drive business performance. They will work with data to identify trends, opportunities and risks, and will provide insights and recommendations to the commercial team.
Commercial Analyst job duties include:
- Research and compile data on commercial opportunities
- Conduct analysis on commercial opportunities and make recommendations
- Assist in the development of commercial proposals and presentations
- Negotiate commercial terms and conditions with suppliers and customers
- Manage commercial contracts and agreements
- Monitor supplier performance against contractual obligations
- Review customer invoices for accuracy and compliance with contract terms
- Analyze customer buying patterns and trends
- Identify new business opportunities with existing and potential customers
Commercial Analyst Job Requirements
A commercial analyst is responsible for providing analysis and support to commercial teams in order to drive business performance. The role requires a strong analytical background and the ability to think strategically. A commercial analyst typically has a bachelor's degree in business, economics, or a related field. Certification is not required, but it may be helpful in advancing one's career. Experience working in a commercial or financial role is preferred.
Commercial Analyst Skills
- Financial analysis
- Modeling
- Business analysis
- Excel
- PowerPoint
- SQL
- Tableau
- Data analysis
- Business intelligence
- Financial modeling
- Data visualization
Related: Top Commercial Analyst Skills: Definition and Examples
How to become a Commercial Analyst
A commercial analyst is a professional who provides analysis of data to help businesses make informed decisions. There are many ways to become a commercial analyst, but the most common path is to first earn a bachelor’s degree in business, economics, or a related field. After completing an undergraduate degree, many people choose to pursue a master’s degree in business administration or economics.
While pursuing an education is the most common way to become a commercial analyst, it is not the only way. Many people who have experience working in data analysis or who have strong mathematical skills can also be successful in this career. Commercial analysts typically work in office settings, but some may also work remotely.
The job of a commercial analyst can be very rewarding. Commercial analysts play an important role in helping businesses make sound decisions that can lead to increased profits and growth. If you are interested in becoming a commercial analyst, consider pursuing an education in business or economics and gaining experience in data analysis.
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