Financial Procurement Specialist

On behalf of the MOD, we are looking for a Financial Procurement Specialist Inside IR35 for an 18 month contract based Hybrid working (1 day per week on site and remaining WFH).
The Ministry of Defence (MOD) is a central government department with a mission to protect our country and provide the ultimate guarantee of its security and independence, as well as helping to protect its values and interests abroad.
To do this we have an annual budget of almost £40 billion and a workforce comprising 193,000 people, almost 59,000 of whom are civilians. We currently manage more than £11 billion of spend every year.
Our work really matters; we offer engaging roles which have a direct impact on the quality of services we provide. We employ people in many different roles and in many locations across the UK and abroad. We have jobs in policy, finance, HR, IS/IT, commercial and project management and all the types of jobs you would expect to find in a government department, or indeed in the private sector. We also employ doctors, dentists, teachers, police, fire service, quantity surveyors, and engineers to name a few. There are many opportunities to develop and progress both within MOD and across the wider Civil Service, whether you’re a permanent appointee or an interim.
**About the role**:
Join the Project Hera team, act as the Financial Procurement Specialist for procurement phase of Project Hera (a Cat A project), including production of supporting documents/artefacts for procurement launch, in particular the evaluation strategy and pricing mechanism input to tender evaluations (at Invitation to Negotiate and Invitation to Submit Final Tender stages), bidder financial viability assessments, and inputs and direct involvement in the negotiation phase. Subsequently inputs to the Full Business Case.
The main duties and responsibilities of the Financial Procurement Specialist would be:

- Producing the Project Hera pricing strategy in conjunction with the project team and commercial officers mitigating, wherever possible, incumbent advantage.
- Producing Pricing Templates and supporting information.
- Conducting bidder/supplier financial risk and viability assessments/evaluations, using the UK Govt Financial Viability and Risk/Complexity Assessment Tool, ensuring this is sufficiently visible, understood, mitigated and reduced.
- Ensuring UK Govt Resolution Planning guidance is adhered to.
- During tender evaluation, reading across between the technical and pricing responses, fully evaluating the bidders’ pricing responses and comparing to the baseline cost model.
- Leading on financial risks and issues during the negotiation phase of the procurement.
- Carrying out a financial evaluation to ensure the bidders/suppliers have the suitability and capacity to undertake the contract.
- Early engagement with CAAS SI to ensure financial assessment criteria is appropriate to the expected contract value.
- Cost modelling - working closely with the project cost modeller.
- Financial evaluation - lead on the financial element of the procurement evaluation throughout the ITN and evaluations stages
- Reviewing financial element of all bids.
- In conjunction with Legal Advisors (Mills and Reeve) and Air Commercial staff, advising on any financial implications of the introduction of the new Government Procurement Regulations - 2023

**Essential**:

- Understanding of pricing strategies and taking them forward
- Need to produce Tender Pricing Booklet and instructions for services for tenders to submit prices in line with Pricing Strategy
- Understands Should Cost Modelling, Financial Modelling and Analysis, Price Modelling
- Public Procurement and Sourcing experience of complex projects
- Price Evaluation, Price Tender Evaluation and experience producing Tender Evaluation Report for Costing element.
- Need to produce Tender Pricing Booklet and instructions for services for tenders to submit prices in line with Pricing Strategy
- Advanced Excel skills

Please be aware that this role can only be worked within the UK and not Overseas.
Disability Confident
Armed Forces Commitment