Monica Vinader Ltd Careers

Job Title: NPD Commercial Coordinator

Location: Holkham, Norfolk

Reporting To: Senior Commercial Manager

Who we are

At Monica Vinader, we’re on a mission to prove that buying better, wearing longer and doing better don’t have to be mutually exclusive. From our commitment to making the most sustainable jewellery we can using precious materials, to the timeless style and endless versatility of our pieces, we are driven to making everyday fine jewellery accessible and affordable.

And don’t just take our word for it, we are proud to be recognised in the industry through recent awards:

●        Ethical Jewellery Business of the Year 2021, Retail Jeweller

●        Queen's Award for Enterprise: Sustainable Development 2022

●        Responsible Luxury Business of the Year 2023 & 2022, Positive Luxury

●        Best Sustainable Luxury Jewellery Brand 2022, Marie Claire UK

We are digital first, omni-channel, customer obsessed, female led and inclusive, focused on creating meaningful relationships with our community, who we owe our success to. We are looking for someone special to join our team to help us make luxury something we can all enjoy everyday.

Where we need your help

We have all the makings of an iconic brand - beautiful products that are timeless and designed to last, service that exceeds our customers’ expectations, a passionate founder that cares deeply about doing what is right and a loyal and growing community who advocate for us.

As part of the New Product Development (NPD) team, the Commercial Coordinator role is an exciting opportunity to join our fast paced, energetic business, to help us continue with our ambitious development and growth plans.

The successful candidate will join this high energy team, helping to support the important commercial function that keeps the NPD team running strongly and successfully. As Commercial Coordinator, you will work & learn, to provide resources, knowledge and tools that help the team deliver exceptional product to our consumers, and support the company’s growth and profitability. 

Working very closely with the Senior Commercial Manager, you will drive input and close coordination within the daily running of the team function, by delivering to varying project briefs in parallel with taking responsibility and ownership of multiple commercial coordination (product costs, product analysis, benchmarking, product data attribute management)

This role has strong potential for a candidate looking for progression, with the role providing ‘on the job’ training across the different facets of the team making it a strong place to learn and develop in.

This is a Norfolk based role with a requirement for a minimum of 4 days per week at our Holkham office, with the ability for remote working for 1 day of the week.

What you’ll do

Commercial NPD Development

-          Issue costing templates to suppliers and chase costs, taking a considered approach to avoid unnecessarily overloading of suppliers

-          Input all received costs into the master costing file and perform accuracy checks (eg Silver Weight, Diamond Quantity, Cost per Ct, Plating uplifts etc) and push back issues with accuracy to suppliers

-          Support with Commercial Presentation Maintenance, ensuring distribution and RRP’s are correct based on ranging decisions. Identify gaps or unconfirmed decisions

-          Support with integration between commercial and product development as products are reverse engineered, with pre-alignment on cost & attribute targets

NPD Launch Planning

-          Own the Handover Process from NPD to the Merchandising Team which will trigger the ordering of NPD launch quantities within Critical Path timelines

-          Pull together range line lists to be shared to internal and external teams

Range Insights

-          Produce and issue quarterly and monthly Top 20 reports to internal teams

-          Produce sales insights & performance analysis as and when required, for internal reporting purposes

Benchmarking

-          Ownership for ordering, expensing, documentation and filing benchmark samples for use within meetings

-          Management of benchmark samples in an orderly way to maximise output

-          Provide regular External Benchmarking analysis, understanding how our portfolio sits within the market and providing insights on both design, price point, materials etc of our competitors for discussion within the team and input into internal pricing strategy

RRPs

-          Supporting work on RRP insights & analysis, benchmarking and proposed changes in line with RRP reviews

What you’ll bring

●         A positive can do attitude and strong willingness to learn and progress within the NPD Team

●         Commercial & analytical ability

●         Good knowledge of understanding data and formatting clearly

●         Experienced organised administration skills

●         Good communication skills (written and verbal)

●         You are calm under pressure

●         Adept at managing multiple priorities and with meticulous attention to detail

●         Sound ability of Microsoft Office including Excel

●         A passion for getting things done, always willing to offer support and help to others

To be successful at Monica Vinader...

●        You are a doer

●        You’re a team player

●        You’re humble

●        You are honest, straightforward, and transparent

●        You are a good teacher/mentor (approachable and accessible)

●        You want to get your hands dirty

●        You solve problems

●        You are resilient

●        You are flexible

●        You are entrepreneurial, smart, and passionate

●        If you don't know something, you say so. Then go figure it out quickly

●        You love working in a creative environment

●        You have a sense of humour

●        You are an insatiable learner

Additional Requirements

Ability to document your authorisation to work in the United Kingdom.

Travel Requirements

Ad hoc travel to our London office will be required

Full UK driving licence required

Our Aims and Values

Our mission is to be the leading accessible luxury brand, by delivering outstanding quality, design and customer service. We are:

Customer Obsessed

Our customers are at the core of everything we do. We will always deliver an outstanding and personal experience to them every time they interact with us, to ensure their ongoing support and loyalty.

Caring

We treat people with respect, as we would want to be treated. We are apolitical and assume good intentions in others. We are open and honest with each other while ensuring we take an empathetic and supportive approach.

Fast Paced

We are passionate about what we do, and we want to reach as many customers as fast as we can. We combine focus with pragmatism and flexibility so that we can move at pace in whichever direction we need to take.

Exceptional

We have a relentless desire to continually learn and improve to ensure our products and approach are exceptional. Our tenacity, high standards and attention to detail give us a competitive advantage.

Commercial

We focus hard on facts and approach things in a logical, rational and analytical way. We challenge each other to make sure we make decisions and take actions that create value for our business and our customers.

Monica Vinader as a global business makes the following inclusive culture pledge:
Our jewellery is for everyone and so is our community. Together, we will continue to implement sustainable changes to ensure that career opportunities and progression are open to all. We commit to celebrating the diverse voices of our employees, partners, and the customers we serve.

This job description is not intended to be an exhaustive list of duties to be performed by the employee. This job description may be altered to reflect the business needs of the company.