Job Description

Job Category: Finance
:
The Commercial Manager - ORCs is responsible for the effective management of revenue from Other Regulated Charges (ORCs), representing a crucial income source for Heathrow amounting to 3240 million per annum. The role entails determining, implementing, and governing charges related to services and facilities provided to airlines, retailers, and other B2B airport users. This position offers significant exposure to Heathrow's operations, including Baggage systems and the PRM proposition, as well as interactions with senior colleagues within Heathrow and external stakeholders such as airlines and customers.
Key responsibilities include managing the annual pricing determination process, collaborating with various teams and departments to communicate, obtain, and critically analyse and model datasets to ensure accurate recovery of ORC revenue. Additionally, the role involves overseeing governance processes associated with these charges within a complex regulatory framework and engaging in challenging discussions with stakeholders to ensure compliance with Heathrow's H7 licence obligations.
Responsibilities:

• Owning the charging determination process from start to finish including collaborating cross-functionally, leading workshops, processing, and modelling data, and setting and publishing the charges.
• Managing the governance process that ensure Heathrow remains transparent about any changes to charges, complying with its H7 licence obligations, including understanding, and reviewing monthly trackers.
• Producing presentations, communicating with senior airline and non-airline customers and acting as secretariat for the documentation of meeting minutes and actions.
• Identifying new ways and working with internal stakeholders to implement them to ensure more efficient settlement of ORC revenue.
• Supporting the ongoing review of the structure of ORCs, proactively identifying and owning opportunities to deliver improved outcomes.

Qualifications:

• Strong data analytical skills and be able to tell story behind numbers, including knowledge of cost/pricing models.
• Articulate with excellent writing, presentation, and data visualisation skills.
• Comfortable in managing complex stakeholders (internal and external), building consensus, and securing buy-in for improved ways of working.
• Understanding of working within a regulatory business model.
• Knowledge of Heathrow's operations and key stakeholders.

#LI-Hybrid
About Us:
There's something so special about working at the world's most iconic airport. Its sights. Its sounds. Its constant air of excitement. Heathrow is an amazing backdrop to a career filled with unique opportunities.
Every day, you'll discover a world full of fresh possibilities and end the day buzzing with stories to tell, as you encounter people from all cultures, nationalities and experiences. A world full of pride for what we do and no end of exciting career prospects to explore.
It brings out the best in all of us. And inspires everyone to deliver on our ambitious plans. Together, we're working to welcome millions more passengers while ensuring aviation can continue to be a force for good by leading global efforts in sustainability.
Join us on that journey and we'll help you achieve your ambitions too. Supporting you to learn, encouraging you to be yourself, backing you to achieve more than you might ever have imagined. Because there's no place like Heathrow.
Our rewards
We offer competitive salaries and excellent benefits that will support you now and in the future. As well as performance-based annual bonuses and our longer-term Share in Success Bonus plans, we also offer generous annual leave allowances and market-leading pensions. With family friendly policies, access to private health insurance and a wide range of wellbeing tools, we'll support you to be at your best inside and outside work. And of course, we'll provide varied learning and development opportunities too. Here you'll find everything you need for a fulfilling career journey that can take you in exciting directions.
Working Location
Our Hybrid working approach offers the opportunity for colleagues in some roles to work from home for an average of two days a week, providing the flexibility to work in an agile way whilst ensuring we deliver for the operational needs of Heathrow. Working arrangements vary from team to team and will be confirmed during the recruitment process. You'll need to be based in the UK and within a commutable distance to Heathrow.
Sustainable Travel to work
Heathrow's sets out easy and sustainable travel options that everyone can access.
Equal Opportunities
As an equal opportunities employer, we encourage applications from all. We believe that diverse talent makes us stronger - not least because we welcome passengers from all corners of the globe, every single day. Heathrow is an accessible place to work. With five diversity networks, we champion inclusivity and celebrate individuality.
About the Team:
Heathrow is a city within a city. And there's no place like it when it comes to the scale of our ambitions. You'll be part of a Customer team that drives our profitability across everything from retail, property and airport transport, through to passenger services, forecasting and contracts with airlines. Customer insight is at the heart of what we do, supported by a strong commercial strategy. We have a pioneering agenda for digital, e-commerce and innovation, as we look to transform the way our passengers spend at our airport.
We believe the best way to drive growth across our iconic airport is by improving the services offered within it. So although we know generating income is critical to driving our business forward, we're also passionate about delivering the best possible passenger experience. You'll help us to get the balance right - not least so we can continue investing in an airport that leads the world.