Commercial Finance Lead

1 week ago


London, United Kingdom Government Commercial Function Full time

**Details**:
**Reference number**:

- 243346**Salary**:

- £65,500 - £73,000- GCO Pension, GCO Terms. Up to 15% performance-related-pay available on accreditation.**Grade**:

- Grade 7- Commercial Lead**Contract type**:

- Permanent**Business area**:

- GCF - Department for Digital, Culture, Media and Sport - Building Digital UK**Type of role**:

- Commercial**Working pattern**:

- Flexible working, Full-time, Job share, Part-time, Compressed Hours**Number of posts**:

- 2Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- London, ManchesterAbout the job

**Summary**:
Building a strong Commercial Function in Government, and with it the right commercial capability, is at the heart of a far-reaching programme of Civil Service reform.

We are building a cadre of commercial talent in all Government departments; people who can manage our commercial portfolios, who can lead our most complex and novel programmes and projects, people who have the gravitas and depth of experience to work alongside our policy and operational leaders to develop innovative commercial arrangements, whether through joint ventures, outsourcing or best-in-class contracts.

We have already made significant progress through the establishment of the Government Commercial Organisation (GCO), our single employer of senior commercial talent across government. This role will sit within the GCO, but based in our Department for Digital, Culture, Media and Sport, Digital Building UK commercial team delivering departmental objectives.

**Job description**:
**Responsibilities**:
The main responsibilities are likely to include:
Supporting BDUK stakeholders, suppliers and delivery partners to understand the effectiveness of value for money processes both on individual contracts / projects and across products and programmes;
- Conduct analysis of supplier pricing and performance and programme performance to ensure that public funding is providing value for money;
- Coordinate activities to carry out value for money assurance at each stage of a project’s life-cycle, including during the PCR procurement process, upon contract change, and contract reconciliation/closure;
- Lead negotiations with national suppliers;
- Analyse existing contract financial mechanisms and models to identify areas for improvement and support the development of new ones;
- Collect, manage and analyse programme VFM data, defining and refining reporting and carrying out bespoke analysis; for example, establishing deployment cost benchmarks in different geographies at different scales for different suppliers, solutions and programmes;
- Share value for money knowledge and insight to support programme decision making within BDUK and policy development within DCMS;
- Support the development of new tools to help suppliers and citizens understand the cost of bringing connectivity to unserved areas, working with analyst teams and IT/Data as required to identify opportunities, define requirements and develop and test prototypes;
- Support the development of BDUK’s commercial strategy through robust, evidence-based analysis;
- Provide coaching and development support to more junior members of the team.

**Technical skills**:
We'll assess you against these technical skills during the selection process:

- **Risk Mindset**: The ability to oversee the effective evaluation of bids, with a focus on ensuring effective mitigation of commercial risk through the use of relevant tools and policy;
- **Manages Complexity**: Being able to analyse financial information to improve decision making in complex commercial situations;
- **Commercial Focus**: A good understanding of how investment and appraisal techniques can be used throughout the commercial lifecycle; practical experience of using these techniques to support great commercial decisions;
- **Builds Relationships**: Ability to work collaboratively as a member of a larger team, able to secure the confidence and build strong working relationships;
- **Coaching Manager**: Ability to lead a small commercial team, to play a supportive role in the ongoing career development and upskilling of team members.

**Benefits**:
As a valued employee of the Government Commercial Organisation (GCO), you will have access to all the benefits the centre has to offer; including flexible working, generous benefits, Career Coaches, Mentors, L&D, a Commercial College, active talent management and, most importantly, access to commercial projects that will far exceed the scale and complexity on offer elsewhere in the UK.

Things you need to know

**Security**:
- People working with government assets must complete basic personnel security standard checks.**Selection process details**:

- This vacancy is using Success Profiles, and will assess your Experience and Technical skills.Feedback will only be provided if you attend an interview or assessment.**Nationality requirements**:
This job is broadly open to the following groups:

- UK



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