Commercial Financial Analyst

Job descriptionJob Title: Commercial Financial AnalystBand: 4Salary: 48027 - 53310Location: Norwich/LiverpoolTerms: PermanentHours: Full Time/Compressed HoursClosing Date: 01/12/25Do you enjoy analytical decision making Do you like managing stakeholders and using your technical finance skills to help others Come and join our Commercial Finance team. Job SummaryYou will be providing high quality supplier financial risk analysis and making recommendations as part of supplier selection and ongoing commercial agreement management. You will provide real time support and guidance act as a trusted adviser and contribute to the CCS customer value proposition. You will be required to manage multiple stakeholders and prioritise a varied workload whilst maintaining a focus on detail and accuracy.The role will form part of a newly established sub-team to deliver reactive financial risk assurance. You will help shape the service offering going forward and implement the new service line as well as supporting the organisation with adhoc financial risk queries.Directorate OverviewAs a directorate Finance Planning and Performance (FPP) are responsible for the planning reporting and financial wellbeing of CCS. This includes:budgets and financial reportingstrategy and business planningsupplier and project assuranceperformance reportingrisk managementThe Finance team develop and manage all financial reporting. We work closely with different departments to develop budgets projections and business plans related to money and finances.The Planning Performance and Risk team develops our business plan tracks its implementation measures business success and holds the business to account. The team is responsible for increasing the management capability of corporate risk through review and assurance.Team SummaryThis fantastic and rare opportunity sits in the Commercial Finance Team which supports CCS to manage financial risk for over 10000 suppliers. Our team of 8 finance professionals really makes a difference working with our commercial colleagues to manage commercial agreements while ensuring compliance with financial stability policy and delivering value for our customers through performing financial risk assurance activities.Key Accountabilities:Liaising with external suppliers and colleagues to process financial riskCreating risk evaluation reports by reviewing financial information applying financial ratios and providing concise conclusionsUse financial data to form clearly communicated recommendations and support Commercial teams in contractual risk managementAct as a trusted partner to commercial teams as they manage supplier on commercial agreementsInput to the commercial finance systems and reporting enabling timely high quality reports to Procurement Operations and Category teamsIdentify and contribute to initiatives to develop the commercial Finance service offeringCommunicate financial reports processes and financial risk guidance in a simple easy to understand mannerEssential Criteria (to be assessed at application stage):Ability to deliver to strict deadlines and to work under pressureHighly organised with strong attention to detailExperience of interpreting financial information to identify financial riskExperience of working with multiple stakeholders with varying levels of financial knowledgeProfessional accounting qualification (minimum level of Part Qualified - ICAEW or equivalent)Desirable Criteria:Working knowledge of Government Playbooks and the Economic and Financial Stability policyIn the event of a high number of applications the desirable will be used as a second sift.Success Profiles (to be assessed at interview):You will be assessed against the following behaviours:Managing a Quality ServiceMaking effective decisionsDelivering at PaceCommunicating and InfluencingAnd the following technical skills:Financial risk analysis(A link to the Civil Service Success Profiles Framework is provided below)Success Profiles FrameworkWhat we will offer you here are some of the benefits you can expect:Competitive salaryGenerous pension schemeA discretionary non-contractual performance related bonusWorking remotely in addition to working in advertised office locationFlexi time scheme (available for B1-B6)Minimum 25 days annual leave to a maximum service related 30 days excluding bank holidaysExplore fully how we will reward your work.Want to make a difference Find out more about the rewarding work that we do in our candidate pack.The Civil Service is committed to attract retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil ServiceD&I Strategy.We want to make our recruitment process accessible to everyone so if there is any way that we can support you please contact Working flexibly delivering outcomesCCS is a flexible business with a smarter working model where our colleagues benefit from a mix of home and office working. Successful candidates are expected to work from one of the office locations listed. Our current office attendance approach requires a minimum of 26 days per quarter (approx 2 days per week which may be subject to change) in CCS office locations or off site meetings with suppliers customers partners networking / industry events. This is pro rata for those who work part time. Our smarter working principles mean that our people have the advantage of both office and offsite based collaboration and learning as well as working from home. This way of working allows us to honour our commitment to being a responsible business offer flexibility and better work life balance as well as ensuring we deliver our business with confidence and in accordance with our CCS values.Selection ProcessCandidates who are successful at sift will be contacted as soon as possible following the closing date and advised of the interview process in more detail. The sift will commence on WC 1st December and interviews will be held WC 15th December either at one of our offices or via video with interview times and dates to be confirmed. (Subject to change)To find out more about our recruitment process please click herePlease note: Artificial Intelligence can be a useful tool to support your application however all examples and statements provided must be truthful factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others or generated by artificial intelligence as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance for more information on appropriate and inappropriate use.A reserve list may be held for up to 12 months which the Civil Service may use to fill future suitably similar vacancies across government for candidates who are considered appointable following interview. Should you be placed on a reserve list and want to be removed please contact Complaints procedureOur recruitment processes are underpinned by the principle of selection for appointment on merit on the basis of fair and open competition as outlined in the Civil Service Commissioners Recruitment Principles details of which can be found at If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint you should contact in the first instance.If you remain unsatisfied with the response you receive you can then contact the Civil Service Commission at Working for the Civil ServiceThe Civil Service Code sets out the standards of behaviour expected of civil servants.Complaints ProcedureOur recruitment processes are underpinned by the principle of selection for appointment on merit on the basis of fair and open competition as outlined in the Civil Service Commissions Recruitment Principles details of which can be found at you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint you should contact in the first instance.If you remain unsatisfied with the response you receive you can then contact the Civil Service Commission at Internal candidates should apply using their Workday account. Please use the careers hub for your application.Required Experience:IC Key Skills Cognos,Forecasting,Hyperion,Microsoft Access,Pivot tables,Accounting,Analysis Skills,Microsoft Excel,Financial Analysis,Financial Modeling,Budgeting,Financial Planning Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 48027 - 53310