Financial Analyst for Business Growth

6 days ago


Mumbai, Maharashtra, India NEC Full time
Job Description

We are seeking a highly skilled Financial Analyst to join our Commercial Finance team at NEC. As a key member of the team, you will play a crucial role in driving profitable growth through the provision of commercial recommendations to bids.

The successful candidate will assist the Head of Commercial Finance in delivering high-quality proposals for contract renewals and new business, ensuring that bids are costed and priced accurately. You will also be responsible for producing evaluation analysis on bid submissions, along with competitor analysis to assist with the qualification of an opportunity.

Key Responsibilities:

  • Owning and constructing financial bid models as required, ensuring correct treatment for revenue recognition (IFRS15) and costs incurred, and adequate contingency provision.
  • Completing the associated pricing schedule for bid submission.
  • Attending governance sign-on and sign-off calls, ensuring bids have gone through the required governance and compliance.
  • Liaising with operational finance teams to comply with audit and implement recommendations.
  • Maintaining & Supporting Cost Revenue Estimation Model (CREM) template, including maintenance and updating of day rates and standard models for business areas.
  • Dealing with bid escalations and balancing different stakeholder perspectives to agree a strategy and appropriate risk management approach.
  • Representing Finance to support client dialogue meetings when required.
  • Ensuring effective financial handover of new business wins to operational finance teams and project delivery teams.
  • Identifying and working on ad hoc projects that will benefit the business and improve the speed and efficiency of the bid cycle.

Qualifications and Skills:

  • A strong academic background, preferably in a quantitative field such as accounting or finance.
  • Advanced user of Excel, along with use of standard M365 suite and Teams.
  • Experience of bid modelling and contract costing within a software-based business.
  • An understanding of the underlying framework of financial reporting standards.
  • Ability to communicate clearly, including explanation of complicated finance processes to non-finance colleagues.
  • Ability to organise, prioritise and monitor workload in order to meet tight deadlines.
  • Ability to interact with people at all levels in an effective manner.

Salary: £60,000 - £80,000 per annum, depending on experience. The salary range is estimated based on industry standards for a Financial Analyst position in the UK.



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