Value-adding and forward-looking specialists. Commercial professionals enable decision making and planning, leveraging data to drive growth.
Commercial finance, analytics, and pricing roles in technology businesses involve using financial analysis and modeling to support the company's sales, marketing, and product development efforts. These roles may include:
Commercial finance: This function involves creating financial projections, analyzing data to identify market trends and opportunities, and developing pricing strategies. This can include forecasting revenue, margin, and cash flow, and tracking performance against those forecasts.
Analytics: This function involves using data to gain insights into customer behavior, market trends, and competitor activity. This can include using tools such as Excel, Tableau, or R to analyze large data sets, and developing dashboards and reports to share those insights with stakeholders.
Pricing: This function involves determining the price of a product or service based on a variety of factors, including cost, competition, and customer willingness to pay. This can include conducting market research, analyzing data on customer behavior, and developing pricing strategies that will maximize profitability.
In technology business, these roles will likely work closely with other departments such as sales, marketing, and product management to ensure that the company's financial goals are aligned with its overall business strategy. Strong analytical and critical thinking skills, as well as experience with financial software and data analysis tools, are typically required for these roles.