At a Glance
- Tasks: Analyze cost data, generate pricing scenarios, and support project managers in bid strategies.
- Company: Join BAE Systems, a leader in defense and aerospace, committed to diversity and inclusion.
- Benefits: Enjoy flexible working, competitive salary, pension schemes, health benefits, and shopping discounts.
- Why this job: Fast-paced role with diverse challenges, perfect for developing analytical and interpersonal skills.
- Qualifications: Proficient in Excel, numerate, analytical, and able to communicate effectively with stakeholders.
- Other info: Opportunities for progression and a commitment to inclusive recruitment practices.
The predicted salary is between 20000 - 24000 £ per year.
Job Title: Finance/Data Analyst Location: Rochester, Kent. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role. Salary: £25,000 – £30,000 What you’ll be doing: Preparing, analysing and evaluating estimates/cost data for reasonableness, accuracy, consistency and completeness Generating cost and pricing data using the ProPricer toolset/Excel and presenting this to relevant stakeholders. This includes analysis and explanation of the impact of various factors such as exchange rates, overhead rates, risk and profit on the resultant price and cash flow Data analysis and visualisation, using toolsets such as Power BI/Excel Supporting and assisting the Capture Manager/Project Manager in the development of bid strategies by providing various pricing scenarios to enhance our PWin (Probability of Winning) Supporting the Commercial function through customer negotiations by analysing the impact of changes and answering fact find queries Your skills and experiences: Essential: Competent in Microsoft Excel; skilled at Intermediate/Advanced level (pivot tables, lookups, SUMIFS etc) Highly numerate and analytical and aptitude to learn and develop in financial/numerical environment Ability to communicate with various levels of stakeholders and confidently challenge more senior decisions if required Ability to work accurately, methodically and adaptably when under time pressure and on multiple dynamic activities Desirable: Qualification or equivalent experience in finance, maths, science, engineering or business Experience in Pricing and/or Data manipulation / analysis Experience of data visualisation tools such as Power BI Benefits: As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts – you may also be eligible for an annual incentive. The Pricing team: You will be joining a team, supporting the delivery of the bid and proposals requirements for the Rochester business, spanning all product areas and stages in the lifecycle (Development, Production, and Support). This role will provide you with an opportunity to work in collaboration with all functions within the business, providing various cost and pricing options, analysis and scenarios to support the Request for Bid Approvals (RBA), customer negotiation and fact finds. This is a fast paced, varied role full of challenges where no two days are the same that will help you to develop your interpersonal and self-management skills. It will also give you access to future opportunities for progression within finance and the wider business. Why BAE Systems? This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments. Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks. Closing Date: 30 th January 2025 We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible. #LI-HD1 #LI-Hybrid
Finance/Data Analyst employer: BAE Systems
Contact Detail:
BAE Systems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance/Data Analyst
✨Tip Number 1
Familiarize yourself with the ProPricer toolset and Excel, as these are essential for generating cost and pricing data. Consider taking online courses or tutorials to enhance your skills in these areas, especially focusing on advanced Excel functions like pivot tables and lookups.
✨Tip Number 2
Brush up on your data analysis and visualization skills, particularly with Power BI. Being able to present data effectively will be crucial in communicating with stakeholders and supporting the Capture Manager.
✨Tip Number 3
Practice your communication skills, especially in challenging scenarios. You may need to confidently engage with senior stakeholders, so role-playing these conversations can help you prepare for real-life situations.
✨Tip Number 4
Stay updated on industry trends related to finance and pricing strategies. Understanding how factors like exchange rates and overhead rates impact pricing will give you an edge in discussions and analyses during the interview process.
We think you need these skills to ace Finance/Data Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with Microsoft Excel, data analysis, and any relevant qualifications in finance or mathematics. Use specific examples that demonstrate your analytical skills and ability to work under pressure.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the job requirements, particularly your experience with data visualization tools like Power BI and your ability to communicate effectively with stakeholders.
Showcase Relevant Experience: If you have experience in pricing, data manipulation, or financial analysis, be sure to include this in your application. Highlight any projects where you successfully analyzed cost data or supported bid strategies.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Finance/Data Analyst role.
How to prepare for a job interview at BAE Systems
✨Showcase Your Excel Skills
Since the role requires intermediate to advanced Excel skills, be prepared to discuss your experience with pivot tables, lookups, and SUMIFS. You might even want to bring examples of how you've used these functions in past projects.
✨Understand Cost Analysis
Familiarize yourself with cost estimation and pricing strategies. Be ready to explain how various factors like exchange rates and overhead rates can impact pricing and cash flow, as this will likely come up during the interview.
✨Demonstrate Analytical Thinking
Highlight your analytical abilities by discussing specific instances where you've successfully analyzed data or solved complex problems. This will show that you can thrive in a fast-paced environment and handle multiple dynamic activities.
✨Prepare for Stakeholder Communication
Since the role involves communicating with various levels of stakeholders, practice articulating your thoughts clearly and confidently. Think of examples where you've had to challenge decisions or negotiate effectively, as this will demonstrate your communication skills.