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In partnership with Round Hill Capital, Nido Student has a huge expansion plan to not only grow their existing student accommodation offering throughout the UK and Europe, but also diversify into a wider range of residential markets.
Nido Student delivers the best customer experience by creating and maintaining communities which place resident wellbeing and safety at their centre. Our teams and their focus on the student experience is what makes us stand out and win awards. Our aim is to redefine industry standards for residents and investors.
Nido Student currently operates residences across various cities in the UK, Ireland and Germany, with further developments currently in construction around Europe.
With such an exciting growth plan, Nido Student has a long and prosperous journey ahead, which offers a great opportunity for an enthusiastic, like-minded individual to join us along the way. Please refer to the website for further information on Nido atwww.nidostudent.com.
The Role
The Commercial Manager will have a key role in our commercial operations and the continuous improvement of the commercial reporting suite, affording insight and expertise to deliver an industry grade tech stack. This role will work closely with Operations, Finance and Marketing teams to drive commercial performance across the business in all territories. The role will lead collation of all our business information and help to convert it into management information that all departments can use to measure success and make decisions based on pertinent data being surfaced.
Key responsibilities:
- Working with the Head of Commercial Operations to develop and implement the commercial strategy for the business in the UK and Europe
- Providing critical information to inform our commercial decisions and business performance
- Monitoring and analysing sales trends, customer behaviour and competitors’ services to identify profitable commercial opportunities for the business
- Undertaking market research and analysis and producing business plans to fully evaluate all commercial opportunities
- Maintaining leasing and commercial reporting to investors and the wider business
- Collating and analysing business data pertaining to all commercial activities.
- Maintaining a broad awareness of the market in all operational territories - student numbers, University recruitment strategy, planning applications/pipeline bed numbers etc
- Taking ownership for the production of quarterly commercial performance presentations to the business and external stakeholders
- To manage the process of producing business case proposals, Opex and Rate budgets for the Investment Management team upon identification of a suitable project and to take ownership of their accuracy and timely production
- Work with senior Operations and Marketing team members to ensure all costs are correctly identified and included prior to submission
- Owning any business case proposal on behalf of Nido alongside the Round Hill Capital Investment and Asset Management teams
- To manage the process of storing all business case proposals and aligning them by size, territory, asset class etc
- Liaise with the Finance team in support of quarterly investor reporting
Candidate Profile
- Strong analytical and quantitative skills
- Excellent IT skills with an emphasis on Microsoft Excel and the ability to create, amend and customise large Excel spreadsheets
- Experience in a business development, customer management or sales related sector.
- Experience of managing multiple projects
- Experience of producing budgets and reforecasting as appropriate
- Used to writing executive reports without support
- Strong understanding of customer and market dynamics
- Experience of working in the PBSA, residential or hotel market across multiple jurisdictions is desirable
