Cost and Margin Analysts

North Wales, Head Office
Competitive + excellent benefits
22 Sep 2022
22 Oct 2022
Contract Type
Full Time

Here at Iceland we are different. We care. We are not a dull stuffy corporate. We are one big team. A diverse group of people who get stuck in and work together.

We are currently looking for people who enjoy solving complex problems and have an eye for detail and data to join our team. This is a great opportunity to kickstart your career and hone your technical and analytical skills.

We are looking for Cost and Margin Analysts. You will be part of an exciting growth time within Iceland and will support the business in delivering value for our customers. You will report into a Senior Analyst, within the Commercial Finance Team. You do not need to have a financial background just have a keen eye for detail and enjoy numbers.

In this role, you will be responsible for providing insight to the Trading team, which can then be used to drive business performance; and will use multiple data sources and tools to do this. The role will include analysis to support supplier negotiations, with a wide remit across product cost and other drivers of margin.

The work you will be carrying out is critical to our business.

Key Accountabilities

  • Solving complex problems in a fast-paced Trading environment
  • Building an in-depth understanding of the components and drivers of product cost
  • Owning and maintaining pricing models that reflect the latest commodity and market conditions such as: climate change, inflation and topical news subjects
  • Supporting both new and existing product development processes with insightful cost modelling and analysis. This will include activities like site visits, negotiations, and product testing sessions
  • Working closely with Trading to ensure you are proactively delivering actionable insight which has a positive impact on margin performance. This could include looking at pricing or promotion performance
  • Building your knowledge of the market and supply base.
  • Conduct and share relevant market, supplier and commodity research and analysis.

You Will Possess The Following Skills

  • Ability to work collaboratively with peers and share best practice
  • Ability to build strong relationships with key stakeholders
  • Strong communication skills and an ability to make detailed analysis easy to understand
  • Good numerical skills with some experience of working with a large volume of data
  • An ability to get into the detail and understand fully the drivers of product cost and how changing market conditions can impact these.

Your Personal Attributes

  • A willingness to learn and drive your own development
  • An ability to communicate in a clear and engaging way
  • A strong focus on control to ensure that the modelling performed is robust
  • The ability to work well under pressure and to tight deadlines
  • Experience within either Retail, Manufacturing or a Commercial Analytics environment would be advantageous
  • Be inquisitive
  • Have tenacity to be able to find solutions to problems

Desirable Skills

  • The ability to use data modelling tools effectively and ensure the data and models are always maintained.
  • Degree-educated in a related subject.

Make a difference to your career, we expect a lot but you’ll get a lot back in return. We will help you grow and develop your career and give you the freedom to show that you really care.

Alongside This We Can Offer You

  • A very competitive salary with an excellent benefits package
  • 25 days holiday, plus 8 days bank holiday
  • 15% store discount, 30% club individual restaurant discount
  • Free parking
  • Highly subsidised restaurant onsite with our own Michelin Star Chef!
  • Subsidised Costa onsite
  • Discounted gym membership
  • Charity fundraising events
  • Educational sponsorship
  • Enhanced maternity/paternity leave
  • Long service awards
  • Reward & recognition
  • Online discounts at over 150 retailers and cashback on shopping, holidays, insurance and more!

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