At a Glance
- Tasks: Lead competitive pricing strategies and manage the bid process for procurement opportunities.
- Company: Join a forward-thinking company with a commitment to diversity and inclusion.
- Benefits: Enjoy a competitive salary, generous pension scheme, and flexible working options.
- Other info: Flexible working culture with opportunities for volunteering and professional growth.
- Why this job: Make an impact in a dynamic role that shapes procurement strategies and drives success.
- Qualifications: Experience in procurement and bid management, especially in regulated sectors.
The predicted salary is between 50000 - 65000 £ per year.
Benefits
- Competitive salary
- Contributory Pension Scheme (up to 10.5% company contribution)
- 6× salary Life Assurance with pension
- 25 days holiday (increasing with service) + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
- Car/Car allowance (dependant on grade/role)
- Company bonus scheme (discretionary)
- Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others
- Enhanced sick pay
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
- Private Medical Insurance – dependant on grade
Work Culture
- 37hr working week, although hours may vary depending on role, job requirement or site‑specific arrangements.
- Early 1.30pm finish Friday, start your weekend early!
- Remote, hybrid and site‑based working opportunities, dependant on your needs and the requirements of the role.
- Up to 5 paid days volunteering each year.
- Flexible working culture focused on output, with more formal flexible working arrangements on request (assessed subject to role) – please highlight any requests to the Talent Acquisition team.
About the role
The Procurement Pricing and Bid Manager will be responsible for leading the development of competitive pricing strategies and managing the end‑to‑end bid process for procurement opportunities. This role works closely with procurement commodities, finance, operations, and commercial teams to ensure bids are commercially viable, compliant, and aligned with organisational objectives. The successful candidate will analyse costs, assess market conditions, prepare pricing models, and support negotiations.
Essential Skills & Experience
- Proven experience in procurement, bid management, and pricing within defence or highly regulated sectors
- Strong track record developing pricing strategies and complex cost models for bids and tenders
- Experience supporting government/public sector or defence procurements
- Solid knowledge of FAR/DFARS regulations and compliant proposal development
- Expertise in producing cost proposals, pricing narratives, and supporting documentation
- Understanding of contract types (fixed‑price, cost‑reimbursable, T&M, hybrid)
- Experience managing cross‑functional bid teams and delivering to tight deadlines
- Familiarity with ERP systems, procurement tools, and advanced Excel modelling
- Experience supporting audits, compliance reviews, and regulatory requirements
Desirable Skills
- Professional certifications (e.g. MCIPS, MBA, NCMA or equivalent)
- Knowledge of cost accounting principles, indirect rates, and government‑compliant pricing methods
Key Responsibilities
- Lead the end‑to‑end preparation, coordination, and submission of bids, tenders, and proposals.
- Work with technical, commercial, finance, procurement, legal, and operations teams to gather inputs and align on submissions.
- Oversee timelines, deliverables, approvals, and ensure compliance with governance requirements.
- Develop pricing models and cost structures; recommend strategies balancing competitiveness and profitability.
- Analyse supplier pricing, market trends, competitor activity, and total cost of ownership risks/opportunities.
- Support sourcing activities, supplier negotiations, and identify cost‑saving opportunities.
- Monitor bid outcomes, track key metrics, and conduct post‑bid reviews to drive continuous improvement.
- Present pricing strategies and bid recommendations to senior leadership.
Equal Opportunity Employment
RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, age, disability, protected veteran status or any other characteristic protected by law.
Procurement Pricing & Bids Manager in Glenrothes employer: Prattwhitney
As a leading employer in the defence sector, we offer a competitive salary and an extensive benefits package, including a contributory pension scheme and private medical insurance. Our flexible working culture promotes a healthy work-life balance, with opportunities for remote and hybrid working, as well as up to five paid volunteering days each year, making us an attractive choice for professionals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Pricing & Bids Manager in Glenrothes
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement and bidding space. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its recent bids. Show us you’re not just another candidate by discussing how your experience aligns with their needs. Tailor your responses to highlight your expertise in pricing strategies and compliance with regulations.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in managing cross-functional teams and developing competitive pricing models. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Procurement Pricing & Bids Manager in Glenrothes
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Procurement Pricing & Bids Manager role. Highlight your relevant experience in procurement and bid management, especially in regulated sectors like defence. We want to see how your skills align with our needs!
Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your expertise in developing pricing strategies and managing bids. Use numbers and examples to illustrate your impact – we love a good success story!
Be Clear and Concise:Keep your application clear and to the point. Avoid jargon unless it’s relevant to the role. We appreciate straightforward communication, so make sure your writing is easy to read and understand.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at Prattwhitney
✨Know Your Numbers
As a Procurement Pricing & Bids Manager, you'll need to be comfortable with numbers. Brush up on your pricing models and cost structures before the interview. Be ready to discuss how you've developed competitive pricing strategies in the past and how you analyse market trends.
✨Understand the Regulations
Familiarity with FAR/DFARS regulations is crucial for this role. Make sure you can talk about your experience with compliant proposal development and how you've navigated these regulations in previous roles. It shows you're not just knowledgeable but also detail-oriented.
✨Showcase Your Teamwork Skills
This position requires collaboration with various teams. Prepare examples of how you've successfully managed cross-functional bid teams and delivered results under tight deadlines. Highlight your communication skills and how you ensure everyone is aligned on submissions.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of situations where you've had to analyse supplier pricing or negotiate with stakeholders. Be ready to explain your thought process and the outcomes of your decisions.
