At a Glance
- Tasks: Support commercial finance and project accounting to drive successful bids and projects.
- Company: Join Chemonics UK, a leader in international development and consulting.
- Benefits: Enjoy private medical insurance, flexible working, and generous annual leave.
- Why this job: Make a real impact in a dynamic team while developing your finance skills.
- Qualifications: Experience in commercial accounting and strong communication skills are essential.
- Other info: Be part of a vibrant culture with exciting team events and growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
The Commercial Business Partner (CBP) will be responsible for undertaking various commercial assignments and project accounting tasks in support of the overall deliverables required from both the commercial finance team and project accounting team. The CBP is a fundamental member of the commercial team and will aid in activities to enable UKD to successfully bid on and win substantial future orders. In line with the Senior Commercial Leads, they will help set directions for our approach to the market, whilst understanding the trends within our customers and competitors. As part of the commercial team, the CBP will work with the Financial Director to ensure a clear and monitored set of pricing strategies. The commercial team ensures we operate within a risk framework for bidding and commercial compliance with our clients, the largest being the Foreign, Commonwealth and Development Office (FCDO). The CBP will use their accounting knowledge to support the project financial team and assist in continuous process improvement.
Key Responsibilities
- Commercial Finance
- Promotes a strong knowledge-culture of sound commercial bidding and business management practices aligned with corporate policies, procedures, and best practices and client regulations and expectations.
- Support in preparation of latest estimates to complete (ETC) and estimates at completion (EAC) for projects.
- Participates in departmental and cross-departmental functions.
- Guides proposal teams to prepare responsive commercial tenders that meet corporate standards, develops competitive bid pricing strategies, tailors standard budgeting practices to respond to client requirements, assesses a potential partner's financial and administrative capacity to select the appropriate subcontract mechanism.
- Guides bids to be priced profitably within strategic guidelines by having a solid understanding of company labour rates, cost structures for indirect and overhead costs and how they vary for differing types of contracts.
- Measures and monitors bid performance, conversion rates (in liaison with Business Development).
- Helps to develop tools to continually improve the division's commercial bid performance.
- Works with a business development team to professionally support and service the division's bids, fulfilling the roles of advisors, bid preparers, cost and spreadsheet reviewers.
- Responsible for the development of the commercial aspects of proposals, including production of commercially viable budgets that offer funders value for money but ensure resources are appropriate for programme needs and are aligned to programme aims and delivery.
- Provides advisory services to business development teams, proposal teams, PMUs, and other UKD staff, in collaboration with the UKD Project Management and Risk Office, on all aspects of commercial service delivery.
- Proactively responds to requests for assistance, information, and interpretation and provides direct support with complex issues in these areas.
- As and when the capacity is needed, provide support to project teams with clients and commercial requests including communicating and helping with adherence to project contractual requirements, government regulations, and Chemonics policies.
- Ensure project team(s) understand schedule slippage impacts costs, delivery of milestones (revenues, cash).
- Monitor and report on the level of risk held within Projects and risk evolution.
- Respond to all financial aspects of programme queries as they arise.
- Support programme finance discussion, internal and external.
- Prepare information for and ensure timely response to audits requests and queries both internally and externally.
- Help to drive forward the SAP by Design relaunch, assisting with the creation of management information reports from the system.
- Perform all tasks and responsibilities demonstrating behaviours consistent with Chemonics' values and competencies appropriate for the position.
- Develop effective working relationships with clients, counterparts and stakeholders and continually promote outstanding client service with corporate office staff and project teams.
- Support with the development of systems and processes to ensure efficiency.
- Adhere to Chemonics' quality standards and procedures.
- Maintain confidentiality and observe data protection guidelines.
- Participate in training associated with the role.
- Any other duties as appropriate to the position, as requested.
Person Specification
- Commercial and Programme Accounting experience, grant accounting experience and/or working with Institutional funders desirable.
- Communicates clearly and concisely in both verbal and written communications; strong cross-culture communication and sensitivity skills.
- Experience of working in a business partnering capacity with the ability to challenge the status quo is desirable.
- Demonstrated experience multitasking with attention to detail, organisation, and time management skills in a fast-paced environment.
- Demonstrated experience following standard practices and procedures, receiving general instruction, and contributing to projects and initiatives, whether in an academic or business setting.
- Excellent customer service and interpersonal skills.
- Works independently and as part of a team.
- Demonstrated resourcefulness in problem-solving and initiative to learn new skills.
- Strong knowledge of Microsoft Office applications.
- Foreign language proficiency in a relevant region we operate in is preferred.
Education / Professional Skills
- Active studier working towards a recognised accounting qualification.
Other
- UK work authorisation or ability to obtain it required.
Why Join Chemonics UK? Exciting Benefits Await!
- Private Medical Insurance – Enjoy coverage from day one, ensuring your health is a priority.
- Health Cash Plan – Get support for routine healthcare costs like eye tests, complementing your private medical insurance.
- Competitive Salary – We offer a highly competitive salary within the sector.
- Pension Scheme – Employees will be auto enrolled to the pension scheme.
- Childcare Workplace Benefit – Helping working parents save on Tax and National Insurance.
- Employee Assistance Programme – 24/7 confidential support whenever you need it.
- Flexible and Hybrid Working – Work from home with only two office days per week required.
- Remote Equipment Allowance – Receive up to £150 to set up your home office comfortably.
- Generous Annual Leave – Start with 25 days, increasing to 30 days after 7 years.
- Celebrations and Team Events – Join us for summer and end-of-year parties to celebrate our achievements together!
- Travel Accident Insurance – Coverage for work-related short-term travel assignments.
Pricing and Commercial Business Partner in London employer: Chemonics UK
Contact Detail:
Chemonics UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing and Commercial Business Partner in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Tailor your responses to show how your skills align with their needs. Practise common interview questions and think of examples that highlight your experience in commercial finance.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
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Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Pricing and Commercial Business Partner in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Commercial Business Partner role. Highlight your relevant experience in commercial finance and project accounting, and show us how you can contribute to our team.
Showcase Your Skills: We want to see your accounting knowledge in action! Include specific examples of how you've successfully managed bids or developed pricing strategies in previous roles. This will help us understand your approach and expertise.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Chemonics UK
✨Know Your Numbers
As a Commercial Business Partner, you'll need to demonstrate a solid understanding of pricing strategies and financial metrics. Brush up on key financial concepts like estimates to complete (ETC) and estimates at completion (EAC). Be ready to discuss how you’ve applied these in past roles.
✨Research the Company
Familiarise yourself with Chemonics UK’s mission, values, and recent projects. Understanding their approach to commercial bidding and compliance will help you tailor your responses and show that you're genuinely interested in the role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to work under pressure. Think of specific examples where you've successfully navigated complex financial situations or improved processes, and be ready to share these during the interview.
✨Showcase Your Communication Skills
Since the role involves cross-departmental collaboration, highlight your communication abilities. Prepare to discuss how you've effectively communicated complex financial information to non-financial stakeholders in the past.