Oracle Finance Commercial Program Manager

White Stuff; Reading; On-site; GBP 65,000 - 85,000; Full time

Job summary

A well-established IT firm based in the UK seeks a Financial and Commercial Manager. This role will manage all financial operations of a large IT program, ensuring accuracy and compliance. Responsibilities include overseeing commercial deliverables, managing client relationships, and leading financial audits. The ideal candidate will have strong experience in financial management and a deep understanding of budgeting and compliance processes. Opportunities for frequent client interaction and strategic decision-making are core to this position.

Qualifications

• Experience in financial and commercial management within IT projects.
• Strong understanding of complex budgeting and compliance.
• Proficient in managing client relationships and commercial deliverables.

Responsibilities

• Manage all contractual commercial deliverables.
• Attend commercial board meetings and present financial issues.
• Become an expert on Schedule 15 & 19 for financial reporting.

Job description

Financial and Commercial Manager

The Financial and Commercial Manager will play a pivotal role within a large, established IT programme, ensuring that all financial and commercial operations are executed to the highest standards of accuracy, transparency, and effectiveness. This position is accountable for overseeing cost-plus project level accounting, managing complex budgets, supporting the commercial strategy, and ensuring robust compliance and reporting across all financial activities associated with the programme.

Responsibilities

• Client facing role, managing all contractual commercial deliverables and facing off to the client on all commercial, pricing issues. Expected travel, 2 days per month
• Responsible for managing all client stakeholders (finance and procurement) on commercials. There is a weekly finance connect, and monthly management report meeting and Commercial Boards to be attended and commercial issues to be presented, explained and addressed
• Attend and contribute towards Project Board for each Component and submit financials (at any point in tile there are 3 commercial board meeting in a month)
• Responsible for the Oracle commercial relationship and Oracle pricing, ensure Oracle pricing is in line with Schedule 15 and Oracle flow down. This activity is complex as Oracle contract has several pricing mechanisms, example - shelving mechanism, discount slab monitoring, EBS credit monitoring and control, user volume reconciliation monthly and more.
• CCNs – responsible for calculating the financial impact of CCNs in line with Sch 15 and following the agreement with client
• Schedule 15 (Charges) & 19 (Reporting) – Subject Matter Expert
• These are the most important commercial schedules; the candidate must become an expert on these schedules
• Lead the Open Book Audit process, work with the client auditor and internal stakeholders and Finance team to bring the process to a conclusion
• Finance Business Partner. Work with the PMO and Delivery Teams to ensure support is provided to them to deliver the commercial objectives of the contract
• Work closely with the PMO teams to understand the status of milestones and deliverables and lead the sign-off process related to milestone billing