About the job

Job summary

Would you like to be part of our Commercial Finance team?  Do you enjoy analytical decision making? Do you like managing stakeholders and using your technical finance skills to help others?

Job Summary

You 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.

We are recruiting for two posts within Commercial Finance. One post will focus on support to commercial colleagues in the post-award assurance delivery, the other will involve working with a third party to deliver financial assessments during live procurements. Both roles will support the organisation with adhoc financial risk queries and both will be expected to provide cover for the other as required.

Team Summary

This fantastic and rare opportunity sits in the Commercial Finance Team which supports CCS to manage financial risk for over 10,000 suppliers.  Our team really makes a difference working with procurement operations to deliver commercial agreements while ensuring compliance with financial stability policy and delivering value for our customers through performing financial risk assurance activities.

Job description

Responsibilities

• Liaising with external suppliers and colleagues to process financial risk

• Creating risk evaluation reports by reviewing financial information,  applying financial ratios and providing concise conclusions

• Act as a trusted partner to commercial teams as they develop commercial agreements to identify the risk tier and develop financial selection criteria

• Coordinate activity with Procurement Operations to ensure timely processing of bidder financial data

• Monitor third party performance and delivery of assessments in accordance with expectations and specified key performance criteria

•  Input to the commercial finance systems and reporting, enabling timely, high quality reports to Procurement Operations and Category teams

• Identify and lead on initiatives to develop the commercial Finance service offering

• Engage with Cabinet Office and other departments to share best practice and contribute to cross government risk management

• Communicate financial reports, processes and financial risk guidance in a simple, easy to understand manner

Person specification

Essential Criteria (to be assessed at application stage):

• Ability to deliver to strict deadlines and to work under pressure

• Highly organised with strong attention to detail

• Experience of interpreting financial information to identify financial risk

• Experience of working with multiple stakeholders with varying levels of financial knowledge

• Professional accounting qualification (minimum level of Part Qualified - ICAEW or equivalent)

Desirable Criteria

• Experience of investment appraisal or credit control

Benefits

Alongside your salary of £43,575, Crown Commercial Service contributes £12,941 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

Things you need to know

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours and Technical skills.

Selection Process

Candidates 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 WC 16th July and interviews will be heldeither 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 here

Please note: Applicants can make use of artificial intelligence but the information presented at application must be factual.

A reserve list may be held for up to 6 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 recruitment@crowncommercial.gov.uk.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must meet the security requirements before they can be appointed. The level of security needed is counter-terrorist check (opens in a new window).

See our vetting charter (opens in a new window). People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.