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- Tasks: Lead a finance team to manage bids and tenders, ensuring accuracy and compliance.
- Company: Join a leading listed business focused on growth through strategic acquisitions.
- Benefits: Enjoy remote work, flexible hours, and a bonus pension scheme.
- Why this job: Be part of a new team driving business success and making a real impact.
- Qualifications: Strong financial skills and experience in managing teams are essential.
- Other info: Opportunity for continuous improvement and collaboration across finance functions.
The predicted salary is between 43200 - 72000 £ per year.
Citadel Source are delighted to be working on an exclusive basis with a leading, listed business to recruit a Commercial Finance Lead – Bids and Tenders to be employed on a predominantly remote basis for a UK role. This role is particularly interesting as it will be embedded within a new team within the business recently created to facilitate the successful acquisition of new business via a tender process for the listed enterprise, and represents an exciting new opportunity to lead the finance element of the division and partner the management team of this business.
The successful candidate will be a confident, personable individual, with strong partnering skills and the ability to relate complex financial information to senior leadership within the business, leading on commercial activities such as bid work, tenders, business cases, but also with a keen eye for continuous improvement as the business quickly needs to accelerate within this area and quickly win new business to drive growth.
This is an excellent opportunity for a candidate who likes to partner as the acquired business needs a significant amount of support to build a quality MI driven approach to their enterprise. The role will be supporting in building the business's budgeting and forecasting processes, ensuring that operational colleagues are set challenging but achievable targets, identifying risks and opportunities, and tracking progress against actions alongside the senior leadership team.
As the Commercial Finance Lead – Bids and Tenders, your role will include, but not be limited to:
- Manage a team of twelve finance professionals
- Responsible for ensuring all finance elements of centralised bids are delivered, complying with both internal and client requirements
- Accountable for leading a team of financial analysts / financial modellers through the bid process, ensuring the financial components of a bid are high quality, accurate while optimising commercial advantage and that they are delivered in a timely and comprehensive manner
- Accountable for the compliance (with client requirements) of the bid financial model template submission
- Responsible for testing sensitivities and scenarios in the bid financial model to demonstrate scale of risk and opportunity and create the financial insights required to robustly inform discussions around risk and reward
- Lead the finance governance process including ensuring the preparation of required governance briefings (supporting approvals, steering groups and other stakeholder briefing requirements), attending briefings required to achieve internal approvals to submit bids.
- Develop and own the finance framework for bidding across all bids
- Ensure the finance framework is understood and utilised across the wider finance function
- Support the Bid Finance Managers in providing financial support, guidance, understanding and challenge to colleagues providing inputs to the bids
- Liaise with the Mobilisation team post bid award to review bid assumptions and Project Agreements highlighting any known risks and opportunities taken within the bid
- Identify and introduce process improvement and promote the continuous development of the financial framework and governance
- Collaborate and partner with other teams within the finance function to drive efficiency and use of best practice across the function
Bonus ~10% matched pension ~ Majority remote working and flexible working policy
Commercial Finance Lead employer: Citadel Source
Contact Detail:
Citadel Source Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Finance Lead
✨Tip Number 1
Network with professionals in the finance and bidding sectors. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, making you a more attractive candidate.
✨Tip Number 2
Familiarise yourself with the latest trends in commercial finance and tender processes. Being knowledgeable about current best practices will not only boost your confidence but also demonstrate your commitment to continuous improvement, which is crucial for this role.
✨Tip Number 3
Prepare to discuss your experience in managing teams and leading financial projects. Think of specific examples where you've successfully guided a team through a complex bidding process or improved financial frameworks, as these will resonate well with the hiring managers.
✨Tip Number 4
Showcase your ability to communicate complex financial information clearly. Practice explaining financial concepts in simple terms, as this skill is essential for partnering with senior leadership and ensuring everyone is on the same page during the bidding process.
We think you need these skills to ace Commercial Finance Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial finance, particularly in bids and tenders. Use specific examples that demonstrate your ability to manage teams and lead financial processes.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strong partnering skills and ability to communicate complex financial information. Mention your enthusiasm for the role and how your background aligns with the company's goals.
Highlight Continuous Improvement Experience: In your application, emphasise any previous roles where you identified and implemented process improvements. This is crucial for the position as the company seeks someone who can drive efficiency and best practices.
Showcase Leadership Skills: Since the role involves managing a team of finance professionals, be sure to include examples of your leadership experience. Discuss how you've successfully led teams in the past and supported colleagues in achieving their targets.
How to prepare for a job interview at Citadel Source
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial modelling and analysis, especially in the context of bids and tenders. Highlight specific examples where you've successfully led financial components of a bid process, ensuring accuracy and optimising commercial advantage.
✨Demonstrate Strong Partnering Skills
Since this role requires collaboration with senior leadership and various teams, be ready to share instances where you've effectively partnered with others. Emphasise your ability to communicate complex financial information clearly and how you've supported operational colleagues in achieving their targets.
✨Emphasise Continuous Improvement
Discuss your approach to identifying risks and opportunities within financial frameworks. Share examples of how you've introduced process improvements in previous roles, particularly in budgeting and forecasting processes, to drive efficiency and enhance decision-making.
✨Prepare for Governance Discussions
Understand the importance of finance governance in the bidding process. Be ready to talk about your experience in preparing governance briefings and how you've navigated internal approvals. This will demonstrate your readiness to lead the finance governance process effectively.
