At a Glance
- Tasks: Create financial models for competitive bids on major maintenance contracts.
- Company: Join Costain, a leader in smart infrastructure solutions across the UK.
- Benefits: Gain valuable experience and develop your skills in a supportive environment.
- Other info: Collaborative culture with opportunities for professional growth.
- Why this job: Make a real impact by shaping the future of essential services.
- Qualifications: Strong Excel skills and a background in finance or related fields.
The predicted salary is between 56700 - 69300 £ per year.
Bid Modeller -
Job Description
A unique opportunity has arisen for a Bid Modeller to provide financial and commercial modelling expertise to support the development of competitive, deliverable and profitable bids for long term maintenance contracts valued in the range of 120m to over 1bn.
The modeller will develop robust financial models that enable informed commercial decision making throughout bid development, mobilisation and into delivery.
The role is required to provide confidence that the proposed operating model is commercially robust, operationally deliverable and capable of achieving target margins while remaining competitive within the tender market.
#LI-JK1
Responsibilities
Responsibilities
- Develop financial models that accurately influence proposed operating practices and service delivery solutions.
- Assess costs, profitability, cash flow and commercial risk across multiple bidding scenarios.
- Support pricing strategy and target margin development.
- Provide insight into the financial implications of alternative operating models, scenarios, self-delivery strategies and supply chain approaches.
- Develop pricing solutions to create robust and highly competitive commercial tenders.
- Produce clear outputs to support executive decision making and bid governance
- Scenario and sensitivity analysis including work volume, seasonality, inflation, performance mechanisms and risk allowances
- Sourcing and analysing market and competitor data for incorporation into the modelling
- Knowledge, Skills, and Experience
Essential - Advanced Microsoft Excel and financial modelling capability.
- Develop robust cost, resource and operating models.
- Analyse profitability, cash flow and commercial performance.
- Build scenario, sensitivity and risk models to inform bid decisions.
- Strong knowledge of long-term maintenance contract operating models.
- Analyse operational, asset and performance data to optimise pricing.
- Work collaboratively with operational, commercial, finance and bid teams.
- Translate complex analysis into clear recommendations for senior stakeholders.
- Experience developing winning pricing models in term maintenance, facilities management or other long term contracts
Desirable
- Financial modelling certification
- Evidence of continuing professional development in financial modelling, commercial management or bidding.
Qualifications
Essential
- Professional qualification such as CIMA, ACCA, ACA or equivalent
Desirable
- Degree in Finance, Economics, Mathematics, Engineering, Quantity Surveying or a related discipline (or equivalent experience).
About Us
Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets.
We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency.
Our vision is to be the UK's leading smart infrastructure solutions company.
We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements.
We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery.
Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.
We do share individual feedback following an interview .
A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.
It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
For more details please go to the Disability Confident website
Bid Modeller - in London employer: Costain
Costain is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development within the vibrant environment of London Heathrow. As a leader in smart infrastructure solutions, we provide our team with unique opportunities to engage in transformative projects that contribute to a sustainable future, while fostering strong relationships across diverse stakeholders. Our commitment to safety, inclusivity, and professional advancement makes us an attractive choice for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Bid Modeller - in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Costain. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Costain.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Costain. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Bid Modeller - in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Costain and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Costain how you can be a team player!
How to prepare for a job interview at Costain
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Costain.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Costain's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
