Commercial Finance Manager in Newcastle upon Tyne

We are excited to announce that we are currently seeking a qualified Commercial Financial Manager to join our Commercial Finance team at the Department for Work and Pensions (DWP). The Commercial Finance team is a small team with a big remit, playing a crucial role operating across critical commercial projects and procurement activities, providing colleagues with financial guidance and support across the entire life cycle of commercial contracts.

The Commercial Finance Manager (SEO) will primarily focus on supporting financial negotiations and assessing the financial viability of major contractors, supporting the Health workstreams within the Commercial Finance team.

The role will involve:

• Commercial finance engagement on major program procurements (ranging from hundreds of millions to billions in contractual value).
• Managing multiple relationships across DWP, particularly with key senior stakeholders within Finance, Commercial and Policy communities.
• Acting as a trusted partner to commercial teams as they manage suppliers on commercial agreements.

Colleagues have joined us from a variety of backgrounds, sectors and specialisms; they enjoy the exposure and stretch opportunity this position provides. Your learning, development and career growth journey doesn’t end when you join DWP. It’s just getting started. Everyone in DWP gets a guaranteed 5-days learning per year when they want to expand their accounting skills, and you’ll have access to as much learning as you want.

This post is challenging and will require pro-active and innovative thinking, with excellent communication skills and an outgoing and enthusiastic approach to financial challenges. The role and responsibilities include:

• Providing advice to the Head of Commercial Finance on the safe delivery of contracted services.
• Supporting standardising the approach to commercial finance modelling activities across DWP’s major programmes.
• Delivering financial analysis and cost intelligence projects across high-value procurement activities.
• Collaborating on the design of financial analysis during tender rounds and in-life contract management.
• Working with operational colleagues to support the design of robust and fair payment mechanisms.

To be successful, you must demonstrate your experience matching ALL of the Essential Skills listed below:

• Data analysis and creating bespoke analysis.
• Conducting financial analysis to evaluate the financial health of suppliers.
• Financial modelling experience.
• Experience in raising financial and commercial awareness across stakeholders.
• Strong Excel skills and the ability to create clear presentations using PowerPoint.

Qualifications required include being a CCAB / CIMA qualified accountant or part-qualified accountant who is still studying. You must hold a full chartered level qualification or be studying for a professional qualification awarded by a UK-recognised accountancy body.

Alongside your salary of £45,225, the Department for Work and Pensions contributes towards your membership of the Civil Service Defined Benefit Pension scheme. Our team loves the ability to balance their life and work, with flexible hours and hybrid working options.

You’ll join us in one of our brilliant DWP hub locations of Blackpool, Glasgow, Leeds, Newcastle, Manchester or Sheffield. Please be aware that this role can only be worked in the UK and not overseas.

At the Department for Work and Pensions (DWP), we value diversity and inclusion and actively encourage applications from everyone, including those that are underrepresented in our workforce.