Cost/Pricing Finance Manager (Defence rates)

Introduction

This is a leading role, providing costs and pricing on rates for projects and programmes with the Ministry of Defence.

You will need to be confident speaking to senior stakeholders and negotiating commercial agreements where required.

Defence experience is desirable and experience negotiating rates/pricing is going to be required for this role.

Working Patterns: This is a remote role with the possibility of monthly meetings in Essex.

Key responsibilities

• Own senior leadership team relationships and leading and owning output of a team of experienced Analysts.
• Own rate submissions including monthly and annual rate cycles.
• Develop and calculate rate decks.
• Calculate the estimated and actual costing and pricing overhead and G&A rates that will be used to price bids and be charged to backlog contracts.
• Calculate estimated and actual average labour rates that will be used to price bids and be charged to backlog contracts.
• Maximise recoverability of R&D and bid costs through rates.
• Be the single point of contact for rates analysis/reporting/queries.
• Work with the business to understand business labour, material, ODC, subcon, R&Os, and investment drivers.
• Work with the business to understand functional labour, utilisation, headcount and indirect cost drivers, R&Os, disallowables, depreciation, Corporate Brochure, RDEC and average labour rate impacts to the recovery position.
• Provide stakeholders with recovery forecasts/budgets and R&Os, along with detailed analysis, to support pre close, close and AOP/LRP planning cycles:
• Calculate under/over forecasts for all rate decks, for all forecast/budget cycles incorporating business, functional and Central Finance inputs.
• Own the consolidated R&Os register for rates (functional and business inputs).
• Own and briefing Marketing & Selling recharge to the Business.
• Own and briefing disallowables recharge to the business.
• Own ad hoc rates exercises, e.g. mid-year reforecasts. Responsible for managing net recovery what-ifs.
• Ensure compliance with MOD and auditors.
• Coordinate all programme reporting and programme audit activity with MOD.
• Plan repeatable and ad hoc rates, capex and change activities within Ops Finance team, ensuring all team members understand what is required, when, by whom.

Skills & experience

• Experience leading a pricing/rates team or demonstrable evidence that you have enough experience in that area to do so.
• Defence experience is extremely beneficial.
• CIMA / ACCA / ACA (or equivalent) qualified.
• Excellent stakeholder management skills.
• Ability to negotiate commercial arrangements.
• Experience with proposal processes such as RLPM/IPDS.

Additional benefits

• 25 days holiday (increasing to 27 days) + statutory public holidays.
• Contributory Pension Scheme (up to 10.5% company contribution).
• 6 times salary \’Life Assurance\’.
• Flexible Benefits scheme.
• Discretionary Bonus scheme.
• Enhanced family friendly policies.
• 37hr standard working week, with an early finish on Fridays whilst operating a \’Hybrid Working Model\’*.
• Canteen facilities are available in some sites.

Our client is committed to providing a diverse and inclusive workplace and welcomes applications from all backgrounds.