Commercial Finance Manager

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. Our team plays 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.

As a team, we are responsible for providing financial support to major procurements, projects and post contract award activities, which can include Open Book analysis, supplier viability analysis, payment modelling, and financial Strategy development.

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

This post is challenging. It will require pro-active and innovative thinking, with excellent communication skills and an outgoing and enthusiastic approach to financial challenges. The role and responsibilities for this position include, but are not restricted to:
You’ll be working in a small team of accountants providing advice to the Head of Commercial Finance, on the safe delivery of £bn’s worth of contracted services. You’ll support standardising the approach to commercial finance modelling activities across DWP’s major programmes including:
Support the delivery of financial analysis and cost intelligence projects across high-value procurement activities together with assessing supplier financial viability. Provide support for commercial finance engagement with stakeholders. Provide specialist advice and guidance to stakeholders and the wider organisation - including payment models, investment, make or buy decisions, ‘should cost’, financial due diligence and contractual terms. Contract/In-life Management – collaborate on the design of financial analysis during tender rounds and in-life contract management.

Payment methodology and design – working with operational colleagues to support the design of robust and fair payment mechanisms to maximise successful outcomes, whilst managing risk and achieve value for money for the taxpayer. The post holders will report to one of the Grade 7 Commercial Finance Managers supporting the Commercial Categories and to deliver its key objectives.

ESSENTIAL

SKILLS:

The application process will involve providing a CV and personal statement. To be successful, you must demonstrate your experience matching ALL of the Essential Skills listed below. Further information under ‘Application process’. What do we need to see from you? To be successful in joining DWP Commercial Finance you should be able to demonstrate the following Essential Criteria as part of our application process:
Data analysis, supporting the creation of bespoke analysis and comfortable going beyond the numbers to develop a compelling narrative in a project related environment. Conducting financial analysis to evaluate the financial health of Suppliers, understanding the risk to the contract to support Commercial Contract Risk Management. Financial modelling experience, the ability to scope and work alongside the modelling team to support the development of complex models to provide expert advice and insight.

Experience in raising financial and commercial awareness across stakeholders through providing advice and training. Have experience in working with multiple stakeholders, supporting the understanding and communication of complex commercial finance analysis and recommendations to support Commercial teams in understanding the commercial finance strategic direction.…