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- Tasks: Join our Finance team as a Finance Bid Analyst, supporting large bids and tenders.
- Company: First Bus is committed to inclusivity and diversity, serving communities with public transport solutions.
- Benefits: Enjoy health perks, discounted travel, flexible working, and 25 days holiday plus bank holidays.
- Why this job: Be part of a collaborative team, making a real impact on financial submissions and processes.
- Qualifications: CIMA, ACCA, or ACA qualified, or equivalent experience; bidding experience is a plus.
- Other info: Positions available in Leeds and Bristol; background checks are standard for applicants.
The predicted salary is between 36000 - 60000 £ per year.
We have a fantastic opportunity for a Finance Bid Analyst to join our Finance team on a full-time permanent basis. We currently have 2 positions available, one in Leeds and one in Bristol.
The Finance Bid Analyst will work within the larger First Bus bid team acting as a finance Subject Matter Expert for large bids and tenders across the division, including franchising. This could involve supporting multiple bids, either within multiple tranches of franchise bids or across several different bids, at various stages of the bid cycle including PQQ (“Pre-Qualification Questionnaire”), ITT (“Invitation to Tender”), BaFO (“Best and Final Offer”) and contractualisation.
The successful candidate will support the Bid Finance Managers to liaise with non-finance SME\’s across all areas of the business in order to provide insight to the requirements and securing the necessary inputs for the financial submission. In addition to which you will also be responsible for the maintenance of the Bid Finance Model where all financial inputs will be included.
Key Responsibilities
- Support the Bid Finance Managers in running models and completing sensitivities for Large Franchise Opportunities
- Contribute to the preparation of review documentation to enable completion of internal governance approvals.
- Contribute to the preparation of Financially related Bid Submission documentation
- Lead smaller non-Franchise Bids under Bid Finance Manage Oversight
- Review of bid and project documentation to fully understand the financial requirements and impact on financials of non-financial clauses.
- Responsible for the maintenance and development of any internal financial models required to support internal approvals and bid submission requirements, embedding any payment mechanism clauses.
- Liaise with other Business SME\’s including Group Tax, and Accounting teams to ensure financial model includes all current requirements and Group positions.
- Responsible for benchmarking of financial and non-financial data at a Bus and comparable business unit level.
- Identify and introduce process improvement and promote the continuous development of the modelling suite, and Bidding Process
Skills/Experience
- CIMA, ACCA or ACA qualified, or qualified by experience (QBE) or part qualified but working towards completion.
- Previous bidding experience advantageous.
- Computer literate – advanced Excel, Word and PowerPoint.
- Commitment to work to strict deadlines.
- Excellent interpersonal, analytical and problem-solving skills.
- Collaborative thinking who will work well within a project team.
- Ability to distil large quantities of data into meaningful information.
Rewards & Benefits
- Your health is important to us which is why we offer Simply Health & Smart Health for you and your dependents at no cost to you! This offering includes cash back benefits across optical & dental as well as virtual GP appointments, mental health support and nutrition and fitness advise. Our EAP provision offers24hr, 365 days a year mental healthsupport
- We are also committed to your financial wellbeing, and we offer a platformwith many discounts on high street brands and supermarkets etc
- Working at First you also receive discounted train travel for you and your family after 6 months serviceas well as a free bus pass
- Cycle to work scheme
- 25 days\’ holiday + bank holidays
- Pension scheme and chance to buy discounted First Group shares
- Flexible working
We put a big focus on physical and mental wellbeing at First Bus. We recognise that anyone can be affected by the stresses and strain of work, or life outside it. You\’ll find a range of health-promotion initiatives, and you will have 24/7 access to our confidential Employee Assistance Programme.
Public transport serves everyone, whatever their differences. At First Bus, we want to be an employer open to you, no matter what your differences are. We aspire to be an inclusive organisation because diverse backgrounds, thinking and experiences bring so many benefits to our customers, communities and people. We welcome applications from all.
Applicants are advised that background checks will be conducted as a standard part of our recruitment process.
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Finance Bid Analyst employer: First Bus
Contact Detail:
First Bus Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Bid Analyst
✨Tip Number 1
Familiarise yourself with the bidding process, especially the stages like PQQ, ITT, and BaFO. Understanding these terms and their significance will help you engage more effectively during interviews and discussions.
✨Tip Number 2
Brush up on your financial modelling skills, particularly in Excel. Being able to demonstrate your proficiency in creating and maintaining financial models will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the finance and bidding sectors. Attend relevant industry events or join online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 4
Prepare to discuss your previous experience with bids and tenders. Be ready to share specific examples of how you've contributed to successful submissions, as this will showcase your expertise and fit for the role.
We think you need these skills to ace Finance Bid Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Finance Bid Analyst role. Emphasise your qualifications, such as CIMA, ACCA, or ACA, and any previous bidding experience.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the bidding process and your ability to work collaboratively within a team. Mention specific examples of how you've contributed to financial submissions in the past.
Highlight Technical Skills: Since advanced Excel skills are crucial for this role, ensure you mention your proficiency in Excel and other relevant software like Word and PowerPoint. Provide examples of how you've used these tools in previous roles.
Showcase Problem-Solving Abilities: In your application, illustrate your analytical and problem-solving skills. Describe situations where you've successfully distilled large quantities of data into meaningful insights, particularly in a financial context.
How to prepare for a job interview at First Bus
✨Understand the Bid Process
Familiarise yourself with the different stages of the bid cycle, such as PQQ, ITT, and BaFO. Being able to discuss these processes confidently will demonstrate your knowledge and readiness for the role.
✨Showcase Your Financial Expertise
As a Finance Bid Analyst, you'll need to be a finance Subject Matter Expert. Be prepared to discuss your qualifications (CIMA, ACCA, ACA) and any relevant experience you have in financial modelling and analysis.
✨Highlight Collaboration Skills
This role requires liaising with non-finance SMEs across the business. Share examples of how you've successfully worked in teams and communicated complex financial information to non-financial stakeholders.
✨Prepare for Problem-Solving Questions
Expect questions that assess your analytical and problem-solving skills. Think of specific instances where you've identified issues in financial models or bidding processes and how you resolved them effectively.
