Senior Commercial Consultant

This Senior Commercial Consultant is responsible for implementing the special offer contract new/renewal process in support of the LMLF marketing segments. This involves frequent communication with personnel from several functional areas, especially CVM management, Sales and Account Management (SAM), Contracts Counsel (CCM/Legal), Strategic Marketing, SAM Finance, New Product Development, Order Fulfillment, Product & Pricing Services, Commissions and Billing.  The position provides pricing, contracting, and assisting with execution of contracts for some of TRs largest customers.  In addition, provide reporting and analysis relating to contract performance, competitive win-loss reporting, and other ad hoc analysis as requested by Finance/Strategic Marketing management. Finally, the Senior Commercial Consultant may be called upon to provide training related to special offer processes and/or act generally as a resource for contract information.

About the Role
In this opportunity as a Senior Commercial Consultant, you will:

• Implement the special offer contract new/renewal process, including the gathering of account-level information in cooperation with SAM, reviewing special offer performance data to determine which segment strategies and programs are most likely to lead to successful renewal, and working through implementation issues with Order Fulfillment and Product & Pricing Service to ensure appropriate account set-up and billing. Also act as a resource for determining new processes as additional programs and initiatives are launched.
• Work with Strategic Marketing to develop and implement pricing/content programs that lead to optimal contract sales and renewals. This includes providing feedback about the current market environment, implementing segment programs, and working through implementation issues as programs are expanded and fine-tuned to fit market needs.
• Assist SAM in the sale and renewal of special offer Westlaw contracts. This involves analyzing usage/revenue trends, customer content needs, and market pricing trends and contracting needs. Also responsible for maintaining a contract management database, which houses information about contract terms and provides data for monthly financial reporting and ensures adherence to SOX reporting and compliance.
• Act as an advisor to various groups regarding the performance and direction of special offer Westlaw contracts. This includes training certain groups about the types of contracts we write, how programs related to special offer contracts are intended to work, and how the special offer process works generally. Also a key resource for special offer reporting and analysis.
• Identify opportunities for improving special offer processes and performance and take on additional projects as assigned by lead/ manager.
• Provide insightful analysis on current pricing strategies, promotions, discounts, rebates, value-based pricing, price increases, etc., using data analytics tools such as Excel, Power BI, Tableau or SAS.
• Identify areas where existing pricing policies may not be optimal and suggest alternative solutions based on market research and customer feedback.
• Work closely with sales teams to develop effective pricing strategies aligned with business objectives.
• Collaborate with cross functional teams such as finance, legal, product management, marketing & sales to ensure alignment on pricing strategy.
• Support the implementation of pricing initiatives by coordinating efforts between relevant departments.
• Monitor performance metrics to measure effectiveness of implemented changes.
• Continuously evaluate existing processes to identify improvements.

About You:

You're a fit for the role of Senior Commercial Consultant if your background includes:

• Bachelor’s degree in business, finance, accounting or other relevant major required; MBA and/or knowledge of legal industry is a plus.
• 5-8+ years’ experience in a Finance and/or contract pricing environment
• Proven experience in financial accounting, management accounting, financial analysis, financial modeling, planning, forecasting and management reporting
• Detail orientated with strong analytical and quantitative skills
• Excellent written, oral, analytical and technical skills
• Highly motivated with the ability to work on a team as well as independently and drive results
• Proven experience in use and application of Excel and PowerPoint
• Strong communication, presentation and negotiation skills
• Basic knowledge of Thomson Reuters products

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What's in it For You?
You will join our inclusive culture of world-class talent, where we are c