At a Glance
- Tasks: Lead competitive pricing strategies and manage the bid process for procurement opportunities.
- Company: Join Raytheon UK, a leader in defence and aerospace technology.
- Benefits: Enjoy a competitive salary, pension scheme, and flexible working options.
- Other info: Collaborative culture with opportunities for professional growth and community engagement.
- Why this job: Make a real impact in national security while developing your career.
- Qualifications: Experience in procurement and bid management within regulated sectors is essential.
The predicted salary is between 50000 - 65000 £ per year.
Country: United Kingdom
Location: Glenrothes, Fife
Position Role Type: Hybrid
Benefits:
- Competitive salary
- Contributory Pension Scheme (up to 10.5% company contribution)
- 6 times 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).
About us:
At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence. Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do.
Our Business:
As a leading defence and aerospace company operating across the United Kingdom, Raytheon UK helps to solve our customers’ toughest challenges. We are a major supplier to the UK government and customers around the globe, providing defence solutions across all domains: land, sea, air, space, and cyberspace. We also provide digital and training transformation solutions to commercial and military customers.
With circa 2000 employees and major facilities operating throughout the UK including Broughton (Wales), Livingston and Glenrothes (Scotland), and Harlow, Gloucester, and Manchester (England); we are committed to investing in British careers and technology development.
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:
- Bid Leadership: Lead the end-to-end preparation, coordination, and submission of bids, tenders, and proposals.
- Cross-Functional Coordination: Work with technical, commercial, finance, procurement, legal, and operations teams to gather inputs and align on submissions.
- Bid Management: Oversee timelines, deliverables, approvals, and ensure compliance with governance requirements.
- Pricing Strategy & Modelling: Develop pricing models and cost structures; recommend strategies balancing competitiveness and profitability.
- Market & Cost Analysis: Analyse supplier pricing, market trends, competitor activity, and total cost of ownership risks/opportunities.
- Procurement Collaboration: Support sourcing activities, supplier negotiations, and identify cost-saving opportunities.
- Performance Tracking: Monitor bid outcomes, track key metrics, and conduct post-bid reviews to drive continuous improvement.
- Stakeholder Engagement: Present pricing strategies and bid recommendations to senior leadership.
Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
Procurement Pricing & Bids Manager in Glenrothes employer: RTX
Raytheon UK is an exceptional employer, offering a competitive salary and a comprehensive benefits package that includes a contributory pension scheme, private medical insurance, and enhanced family-friendly policies. With a flexible working culture that prioritises output and personal development, employees enjoy opportunities for growth while contributing to vital national security initiatives in a collaborative environment. Located in Glenrothes, Fife, the company fosters a sense of community and purpose, making it an ideal place for those seeking meaningful and rewarding careers in defence and aerospace technology.
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 people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills align with their mission. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role of Procurement Pricing & Bids Manager. Keep it concise and focus on what makes you the perfect fit for the job.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining our awesome team at Raytheon UK.
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, and don’t forget to mention any specific skills that match the job description!
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you’ve successfully developed pricing strategies or managed bids in the past. We love seeing concrete results!
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 key points stand out and are easy to read.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at RTX
✨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 explain how these regulations impact bid management and compliance. It might be helpful to prepare examples of how you've navigated these regulations in previous roles.
✨Showcase Cross-Functional Collaboration
This position requires working closely with various teams. Prepare to share specific examples of how you've successfully coordinated with technical, commercial, and finance teams in past projects. Highlight your ability to manage timelines and deliverables effectively.
✨Engage with Stakeholders
You'll need to present pricing strategies and bid recommendations to senior leadership. Practice articulating your thought process clearly and confidently. Consider preparing a mock presentation to demonstrate your communication skills and ability to engage stakeholders.
