15h Left Bid Leader in Finance function
1 week ago
Job Title
Bid Leader in Finance function
Work Location
Mumbai
Educational Qualification
CA/MBA finance
Experience
- 15+ years in Finance Domain
- 3-5+ years of experience as a bid Leader from finance perspective
- Experience in managing bids for complex projects or large-scale contracts
- Experience in Cloud/Enterprise/IT Software Bids domain will be an added advantage
Objective of the role
- Leading the end-to-end bid process from financial evaluation perspective, including qualification and proposal submission.
- Developing and executing bid financial strategies that align with the companys goals and client requirements.
- Coordinating with various teams, including sales, technical and legal to ensure all risks in a bid are addressed.
- Managing bidding budgets, resources and timelines to ensure on-time and high-quality proposal submissions.
- Maintaining comprehensive and accurate bid documentation, including bid files, records of communication and pricing information.
- Participating in negotiation sessions to secure favourable terms and conditions while focusing on profitability.
- Ensuring compliance with client requirements, regulations and industry standards.
- Monitoring and evaluating bid performance metrics to identify areas for improvement.
Roles & Responsibilities
- Managing the Tender business P&L
- Identify and evaluate new financial models through market research, competitor analysis and client need assessment.
- Lead and coordinate in the bid management process, including reviewing bid invitations, conducting bid/no-bid analysis and establishing timelines.
- Develop compelling and persuasive bid content, including executive summaries, value propositions, pricing models and technical responses.
- Collaborate with internal stakeholders, such as sales, operations and subject matter experts, to gather information and develop bid financial strategies.
- Coordinate and participate bid review meetings, ensuring key stakeholders provide input and address concerns or issues.
- Develop competitive pricing strategies that align with bid requirements and profitability targets.
- Conduct post-bid profit & loss analysis and debrief sessions to identify areas of improvement and implement lessons learned for future bids.
- Continuously refine and improve bid processes, templates and best practices to enhance efficiency and effectiveness.
- Stay updated on industry trends, market insights and emerging best practices in bid management.
Key Skills
- Understanding pricing strategies and financial analysis in bid development.
- Ability to implement budgetary and cost-control measures with persuasive skills.
- Ability to collaborate with cross-functional teams and influence stakeholders at various levels.
- Exceptional organisational and time management skills.
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