Finance Business Partner

Department for Work and Pensions (DWP); Newcastle upon Tyne; On-site; GBP 60,000 - 90,000; Full time

Job summary

Department for Work and Pensions (DWP) is seeking a qualified or part-qualified finance business partner with commercial experience to support procurements and in-life management of essential public sector contracts.

You will collaborate with Commercial, Policy and Digital teams to deliver insights, lead a small finance team, and provide financial leadership to senior stakeholders across the contract lifecycle.

Qualifications

• Qualified or part-qualified finance business partner with commercial experience.

Responsibilities

• Collaborate with Commercial and Business experts on procurements and in-life management of critical public sector contracts.
• Support complex procurements by delivering commercial analysis, tender input and financial evaluation.
• Provide insight and decision support by reviewing open-book data and working with multidisciplinary teams to maximise value from contracts.
• Lead and develop a small team of finance professionals, with matrix leadership and stakeholder engagement.

Job description

We are looking for a qualified or part qualified finance business partner with commercial experience to collaborate with Commercial and Business experts on procurements and in-life management of critical public sector contracts. Activities will include (but are not limited to):

1) Using Commercial and Finance Expertise to support complex procurements by:

• Contributing to Delivery Model Assessment to determine the most appropriate delivery method for the service.
• Developing Should Cost analysis and comparison with insource options.
• Developing pricing options and payment mechanisms which appropriately allocate risk between the department and the supplier.
• Drafting tender documents including payment schedules, reporting requirements and sustainability clauses.
• Undertaking financial evaluation of bids.
• Participating in procurement dialogue and contributing to commercial negotiation.
• Analysing supplier financial statements and assessing financial viability, providing clear recommendations that support commercial assurance and risk management.

2) Providing Insight, Analysis and Decision Support:

• Providing advice and insight to support data driven decision making and working collaboratively with other functional experts at all levels to deliver shared objectives.
• Leading reviews and analysing open book data (routinely and ad-hoc basis) to ensure the department is gaining the maximum economic value from contracts.
• Working collaboratively with multidisciplinary teams- Including Commercial, Policy, Digital and Operational colleagues to provide integrated advice and deliver shared departmental outcomes.
• Leading and developing a small team of finance professionals, through direct line management alongside matrix leadership, ensuring high standards and delivery of team and corporate objectives,
• Acting as a financial leader and adviser, demonstrating professional and personal credibility and generating confidence in senior stakeholders.