At a Glance
- Tasks: Manage finance and procurement processes to ensure value for money in defence contracts.
- Company: Join the Single Source Regulations Office, a key player in UK defence procurement.
- Benefits: Up to £59,000 salary, Civil Service Pension, 30 days holiday, and flexible working options.
- Other info: Dynamic role with opportunities for career growth and a commitment to diversity.
- Why this job: Make a real impact on government spending while developing your finance and procurement skills.
- Qualifications: AAT qualified or part-qualified accountant with procurement experience preferred.
The predicted salary is between 47200 - 59000 £ per year.
Role: Finance and Procurement Manager
Employer: Single Source Regulations Office
Sector: Non-Departmental Public Body
Location: London / Hybrid / Remote
Salary: Up to £59,000 (pro rata) and Civil Service Pension + up to Zones 1-6 London oyster card + 30 days holiday plus bank holidays (pro rata)
Part-time (0.8 FTE). The SSRO welcomes flexible working arrangements.
The Single Source Regulations Office (SSRO) is an executive non-departmental public body that supports the regulatory framework for single source defence contracts established by Part 2 of the Defence Reform Act 2014. It plays a key role in the regulation of the UK government’s ‘single source,’ or non-competitive, procurement of military goods, works and services. The framework places controls on the prices of qualifying defence contracts and requires greater transparency from defence contractors.
In conducting its functions, the SSRO aims to ensure that government obtains good value for money in its expenditure on qualifying defence contracts, and that contractors are paid fair and reasonable prices. You will also be required to provide advice on the SSRO’s financial policies and ensuring compliance across the organisation.
Working with the Head of Corporate Services, this role will also provide end-to-end procurement support for the organisation’s purchasing of goods and services. Whilst a procurement qualification is not needed for this role, some procurement experience (ideally gained in the public sector) is required.
Finance- Developing relationships with budget holders and/or managers within SSRO and understanding their priorities and spending plans.
- Communicating and interpreting financial data to non-financial managers to facilitate monitoring of annual spend outturn on projects and long-term contracts.
- Liaising with budget holders and/or managers to collate information and identify key financial risks, pressures and opportunities.
- Providing input into the development of and then ensuring compliance with finance and procurement policies and procedures.
- Lead on the production of the Remuneration Report for inclusion in the Annual Report and Accounts.
- Assist with the management of the outsourced finance and payroll contract and supplier.
- Provide cover, as needed for the Finance Manager.
- Provide end-to-end procurement support activity, while identifying and managing procurement risks, including supporting service managers in identifying appropriate routes to market, production of procurement project plans, securing internal approvals and managing any market pre-engagement.
- Preparing and issuing procurement documentation and co-ordinating communications with bidders.
- Supporting evaluation panels, assisting the Legal Team with any contract negotiations and making the contract award; fulfilling relevant transparency requirements, including the publishing of notices and compliance with relevant government procurement policy.
- Contribute to the review and development of the SSRO’s Procurement Strategy, policy and processes.
- Undertake periodic reviews and updating of the SSRO’s procurement policy and procedures.
- Manage the SSRO’s Contract Register and contract management processes.
- Liaise with internal and external auditors on matters relating to procurement.
- Make best use of available technology and contribute to the delivery of new and innovative ways to deliver our work that improve quality and efficiency.
- Support working relationships with the MOD sponsor team, the internal audit function, NAO and HM Treasury.
- AAT qualified or Part qualified accountant e.g., CAB, ACA, CIMA, ACCA, CIPFA or equivalent.
- Experience of financial planning, budgeting, forecasting and supporting senior management with decision making.
- Experience of supporting end-to-end procurement activity.
- Strong financial analytical skills with the ability to interpret data, generate insights and construct solutions.
- Good communication skills with the ability to explain financial data to non-financial managers.
- Intermediate excel skills.
- An ability to switch between tasks, to quickly get up-to-speed on new subjects and to deliver to sometimes challenging timetables, consistently delivering high quality and robust advice and support.
- Strong communication skills, with ability to explain and defend a position to a variety of audiences and to express procurement issues in easy-to-understand plain English.
- Relevant professional qualification(s), or part qualification in procurement and supply.
- Experience of contract relationship management, and an understanding of how that can deliver and improve value for money.
The role will require you to undergo and successfully secure national security vetting and obtain Security Check (SC) clearance.
The SSRO embraces diversity and promotes equal opportunities.
Purchasing Finance Manager in London employer: SINGLE SOURCE REGULATIONS OFFICE
The Single Source Regulations Office (SSRO) is an exceptional employer, offering a supportive and flexible work environment in London with opportunities for hybrid and remote working. Employees benefit from a competitive salary, generous holiday allowance, and a Civil Service Pension, alongside a commitment to professional development and a culture that values diversity and inclusion. Joining the SSRO means contributing to meaningful work that ensures value for money in government defence contracts while enjoying a collaborative atmosphere that fosters growth and innovation.
Contact Details:
SINGLE SOURCE REGULATIONS OFFICE Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Purchasing Finance Manager in London
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We think you need these skills to ace Purchasing Finance Manager in London
Some tips for your application 🫡
Show Off Your Negotiation Skills:In procurement, your negotiation skills are key! Make sure to highlight any relevant experience in your CV that shows you’ve successfully worked with suppliers or managed vendor relationships. This might be through previous roles or even projects during your studies—don't hold back!
Understand the Importance of Detail:Being part-time in procurement means you'll need to hit the ground running. Emphasise your detail-oriented approach in your application. Mention any experience with data analysis or reporting as procurement often involves managing contracts and evaluating suppliers based on various KPIs.
Tailor Your Cover Letter to Procurement:Your cover letter should illustrate your interest in the procurement field and your ability to learn. Discuss why you're excited about the part-time role at SINGLE SOURCE REGULATIONS OFFICE and how it fits with your career goals. This is your chance to connect your past experiences with what you hope to achieve in procurement!
Highlight Your Availability:Since this is a part-time position, be clear about your availability in your application. Make it easy for SINGLE SOURCE REGULATIONS OFFICE to see when you can work and how you can support their purchasing needs. This will show that you’re not only enthusiastic but also organised and ready to jump in!
How to prepare for a job interview at SINGLE SOURCE REGULATIONS OFFICE
✨Know Your Procurement Basics
Make sure you brush up on key procurement concepts and techniques. Understand things like supplier negotiation, cost-benefit analyses, and the importance of maintaining good relationships with vendors. This foundational knowledge will demonstrate your enthusiasm and readiness for the role at SINGLE SOURCE REGULATIONS OFFICE.
✨Be Ready for Analytical Questions
Procurement roles often involve analysing data to make informed purchasing decisions. Prepare to face some technical questions or case studies that assess your analytical skills. Think through a few scenarios where you've had to use data effectively—this will show off your problem-solving abilities.
✨Show Your Flexibility and Commitment
As it's a part-time role, be prepared to discuss your availability and how you can manage your time efficiently. Highlight any experiences that demonstrate your ability to balance multiple responsibilities or adjust to shifting priorities, which is super valuable in fast-paced environments like SINGLE SOURCE REGULATIONS OFFICE.
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Tailor your previous experiences to the procurement field. Have examples ready that showcase your skills in negotiation, vendor management, or even budgeting if applicable. This isn’t just about what you've done but how those experiences make you a great fit for the part-time role at SINGLE SOURCE REGULATIONS OFFICE.