At a Glance
- Tasks: Analyse financial risks and support supplier selection in a dynamic finance team.
- Company: Join CCS, a leader in managing financial risk for over 10,000 suppliers.
- Benefits: Enjoy a competitive salary, generous pension, remote work options, and flexi-time.
- Why this job: Make a real impact while developing your finance skills in a supportive environment.
- Qualifications: Part-qualified accountant with strong analytical skills and stakeholder management experience.
- Other info: Flexible working model with a mix of home and office collaboration.
The predicted salary is between 36700 - 51500 £ per year.
You will be providing high quality supplier financial risk analysis and making recommendations as part of supplier selection and ongoing commercial agreement management. You will provide real time support, act as a trusted adviser and contribute to the CCS customer value proposition. You will manage multiple stakeholders and prioritise a varied workload while maintaining a focus on detail and accuracy. The role is part of a newly established sub‑team to deliver reactive financial risk assurance and will help shape the service offering going forward.
Directorate Overview
- Budgets and financial reporting
- Strategy and business planning
- Supplier and project assurance
- Performance reporting
- Risk management
Responsibilities
- Liaise with external suppliers and colleagues to process financial risk.
- Create risk evaluation reports by reviewing financial information, applying financial ratios and providing concise conclusions.
- Use financial data to form clearly communicated recommendations and support Commercial teams in contractual risk management.
- Act as a trusted partner to commercial teams as they manage supplier on commercial agreements.
- Input to the commercial finance systems and reporting, enabling timely, high quality reports to Procurement Operations and Category teams.
- Identify and contribute to initiatives to develop the commercial Finance service offering.
- Communicate financial reports, processes and financial risk guidance in a simple, easy to understand manner.
- Deliver to strict deadlines and work under pressure.
- Highly organised with strong attention to detail.
- Interpret financial information to identify financial risk.
- Work with multiple stakeholders with varying levels of financial knowledge.
- Hold a professional accounting qualification (minimum Part Qualified – ICAEW or equivalent).
Desirable Criteria
- Working knowledge of Government Playbooks and the Economic and Financial Stability policy.
Behavioural Assessment
- Managing a Quality Service
- Making Effective Decisions
- Delivering at Pace
- Communicating and Influencing
Technical Skills
- Financial risk analysis.
Working Arrangements
CCS is a flexible business with a smarter working model that balances office and home. You are expected to spend a minimum of 26 days per quarter (approx 2 days per week) in a CCS office or in meetings with suppliers, customers, partners, or industry events. This is pro‑rated for part‑time staff.
Salary and Benefits
Salary: £48,027 per year. Crown Commercial Service contributes £13,913 toward the Civil Service Defined Benefit Pension scheme.
- Competitive salary
- Generous pension scheme
- Discretionary non-contractual performance related bonus
- Option to work remotely in addition to the advertised office location
- Flexi time scheme (available for B1‑B6)
- Minimum 25 days annual leave, extendable to a maximum of 30 days (excluding bank holidays)
Equal Opportunities
The Civil Service embraces diversity and promotes equal opportunities. Applicants are assessed on merit, and a Disability Confident Scheme is available for candidates with disabilities who meet the minimum selection criteria. The Civil Service Diversity and Inclusion Strategy is available for further information.
Security
Successful candidates must meet the security requirements for the counter‑terrorist check and baseline personnel security standard. References to our vetting charter and baseline checks are available.
Nationality Requirements
- UK nationals
- Nationals of the Republic of Ireland
- Nationals of Commonwealth countries who have the right to work in the UK
- Nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members with settled or pre‑settled status under the EUSS
- Nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members with a valid application for settled or pre‑settled status under the EUSS
- Individuals with limited or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals and certain family members with the right to work in the Civil Service
Diversity and Inclusion
The Civil Service is committed to attract, retain and invest in talent wherever it is found. The Civil Service People Plan and Civil Service Diversity and Inclusion Strategy provide further detail. This vacancy is part of the Great Place to Work for Veterans initiative.
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Commercial Financial Analyst employer: Crown Commercial Service
Contact Detail:
Crown Commercial Service Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Financial Analyst
✨Tip Number 1
Make sure to attend the webinar on 7th July at 5:30 PM. This is a great opportunity to gain insights into CCS and the recruitment process, which can help you tailor your approach when applying for the Commercial Financial Analyst position.
✨Tip Number 2
Familiarise yourself with financial risk analysis techniques and be prepared to discuss them in detail. Understanding how to interpret financial information and apply financial ratios will be crucial in demonstrating your expertise during the interview.
✨Tip Number 3
Network with current or former employees of CCS if possible. They can provide valuable insights into the company culture and expectations, which can help you position yourself as a strong candidate.
✨Tip Number 4
Prepare examples of how you've successfully managed multiple stakeholders in previous roles. Highlighting your organisational skills and ability to communicate complex financial concepts clearly will set you apart from other candidates.
We think you need these skills to ace Commercial Financial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial analysis and stakeholder management. Use specific examples that demonstrate your ability to interpret financial information and manage multiple stakeholders.
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 responsibilities outlined in the job description, particularly your experience with financial risk analysis and reporting.
Highlight Relevant Qualifications: Clearly state your professional accounting qualifications, such as being Part Qualified - ICAEW or equivalent. If you have any additional certifications or training related to financial risk, be sure to include those as well.
Prepare for Behavioural Questions: Since the selection process will assess your behaviours, think of examples from your past experiences that demonstrate your ability to manage quality service, make effective decisions, and communicate clearly. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
How to prepare for a job interview at Crown Commercial Service
✨Understand Financial Risk Analysis
Make sure you have a solid grasp of financial risk analysis concepts. Be prepared to discuss how you would evaluate supplier financials and what ratios you would consider important. This will show your technical expertise and ability to make informed decisions.
✨Prepare for Stakeholder Management Questions
Since the role involves liaising with multiple stakeholders, think of examples from your past experiences where you've successfully managed relationships. Highlight your communication skills and how you adapt your approach based on the audience's financial knowledge.
✨Showcase Your Organisational Skills
The job requires managing a varied workload under pressure. Prepare to discuss how you prioritise tasks and ensure accuracy in your work. You might want to share specific tools or methods you use to stay organised.
✨Communicate Clearly and Simply
Given that you'll need to communicate complex financial information in an easy-to-understand manner, practice explaining financial concepts in simple terms. This will demonstrate your ability to be a trusted adviser to commercial teams.