Commercial Finance Manager / Contracts Finance – Procurement

Government Recruitment Service; Sheffield; On-site; GBP 40,000 - 60,000; Full time

Job summary

A government agency in Sheffield is seeking a Commercial Financial Business Partner to join their Commercial Finance team. The role involves contract management and financial analysis for major procurements, focusing on assessing the financial risks of suppliers. Candidates should have strong skills in commercial finance and the ability to maintain key relationships. This position offers the chance to contribute to critical commercial projects within the Department for Work and Pensions.

Qualifications

• Strong understanding of commercial finance contract management.
• Ability to provide financial analysis and assess financial health of suppliers.

Responsibilities

• Commercial finance contract management on major programs.
• Support in managing relationships across DWP, especially with key stakeholders.
• Provide financial analysis to ensure value for money.

Job description

Overview

We are excited to announce that we are currently seeking a Commercial Financial Business Partner (SEO) 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 Business Partner will primarily focus on supporting financial evaluation of companies contracting with DWP. Assessing their financial standing and any financial risks.

Responsibilities

• Commercial finance contract management on major programs (ranging from £hundreds of millions to £billions in contractual value).
• Support in the management of multiple relationships across DWP, in particular, with key senior stakeholders within Finance, Commercial and Policy communities.
• Provide financial analysis to monitor and assess the financial health of suppliers during live programmes to ensure value for money.