Commercial Assurance - Senior Associate
PwC’s Commercial Assurance team specialises in assisting clients identify, mitigate and manage commercial risks arising from their supply chain management and procurement activities. These activities are performed through the analysis or audit of both client’s and supplier’s financial and operational information to inform our client’s management decisions.
We are a fast growing proposition within PwC, bringing together multi-disciplinary professionals including accountants, contract managers, engineers and lawyers and have an opportunity for a Commercial Auditor to join our team at either a Senior Associate or Associate level.
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’.
About the Role
The role sits within out Commercial Assurance team in London, part of PwC’s Assurance practice. Working for teams within our business however the majority of the work is focused upon assisting clients to identify and mitigate risk in their business critical relationships and agreements. This opportunity is primarily client facing in often time-pressured environments; whilst there is frequent scope to innovate, recommendations must be based upon clear commercial logic and a robust understanding of the client’s unique circumstances and issues.
You will operate as part of a close knit team and will benefit from constant interaction from senior team members, therefore the successful candidate will have a high capacity and appetite for ongoing learning and development. This opportunity will allow the right individual to progress rapidly through the firm and develop a broad set of skills and experiences that are highly valued by senior executives at our clients.
Assessing financial and operational information to identify commercial and operational risks arising from third party relationships;
Providing incisive recommendations to mitigate commercial, delivery and operational risks;
Conducting investigations to achieve specific supplier management objectives; and,
Writing and delivering client facing reports and presentations summarising findings and recommendations.
Providing commercial advice to a variety of clients;
Planning and overseeing implementation of commercial policies;
Assisting with the preparation of engagement budgets;
Responsibility for the coaching and development of more junior members of the team;
Giving and supporting industry presentations;
Contributing to thought-leadership; and
Assisting with business development activities
Identify commercial and operational risks then assist clients to develop and implement appropriate mitigation strategies;
Design supplier management and risk control activities;
Design commercial contracting mechanisms to mitigate risk, drive value and capitalise upon opportunities; and
Identify, design and execute negotiating strategies during commercial negotiations.
We are looking for individuals who have at least 24 months previous experience of:
Commercial auditing and cost reduction programmes for Public Sector or FTSE 100 or similar clients;
Either studying towards, an accountancy qualification or other relevant professional qualification.
Contract management, Commercial management or procurement or consulting in these areas;
Performing financial auditing; or
Reviewing financial aspects of supplier productivity, contract compliance and procurement.
2:1 or above class degree (any subject); and
(Preferred) Chartered Accountant (incl. studying towards) or other relevant professional qualification which includes modules relating to accounting/data/financial auditing/contracting
A sound business understanding, commercially and risk aware;
Highly efficient and able to distil large volumes of information quickly;
Excellent written and oral capabilities;
Ability to identify recommendations in the context of the broader commercial environment; and,
Good ability to build a rapport and lasting relationships with clients.
Opportunity for working from home? Yes
Amount of time client based - 40%
Opportunity for job sharing? No
Need to travel/overnight stays away from home - Yes 20%
Opportunity for flexible working? Yes
Amount of time PwC office based 60%