Financial Analysis Senior Specialist (Gurgaon, HR, IN)
India 1 day ago
Job Description
Financial Analysis Senior Specialist - Commercial bidder / Pricing (Junior)
Key Responsibilities:
Provides recommendations and reviews the pricing and costing of deals to ensure maximum benefit and minimum risk to the organization and prepares the commercial parts of sales proposals for submission to clients. Builds and compiles pricing models for specific proposals and provides input into the development of standardized pricing models.
Presents key pricing assumptions and risks for sign-off at relevant levels, in line with the authority matrix.
Engages with and leverages off relationships between the organization and vendors and/or subcontractors and strategic alliances, including the Legal Team during the conception, construction, and review of client proposals, soliciting information, and escalating queries.
Ensures that deal profitability is not eroded over time by calculating the long-term profit of deals, evaluating and concluding on foreign currency issues and the impacts of these both financially and contractually.
Ensures deal profitability by investigating taxation, inflationary movements cost of living issues, etc.
Leads or participates in the negotiation of deals with clients by interpreting information and providing advice on the commercial viability of the opportunity.
Mitigates risks in terms of the calculation and payment of penalties, contract termination, building agreements, limitation of liability, and non-solicitation for bids and/or deals and provides feedback to the key stakeholders regarding these.
Prepares contract and financial budgets, reports and summaries, as required, including profitability and cashflow analysis.
Supports accurate and timely billing for services provided under the contract and addresses commercial/contract disputes.
Manages Claims and Changes from a contractual and financial point of view, including pricing calculations and other Commercial Architecture requirements.
Reviews, comments and negotiates the commercial terms of additional contracts and tender documents as well as proactively influences financial parameters such as taxes, risk, cash flow and financing.
Provides mentoring and coaching to less experience members of the commercial team to support the overall competence development of the team.
Knowledge and Attributes: Significant understanding of the local operating, commercial and general business conditions.
Significant expert negotiation skills.
Lateral thinking ability.
Excellent attention to detail and organizational skills.
Significant business and commercial acumen coupled with an analytical mind.
Ability to work under pressure without compromising quality and accuracy.
Significant team skills, particularly engaging with the team to continuously develop own expertise.
Significant communication skills, especially related to facilitation, documentation, and reporting.
Solid Microsoft Office skills (Excel/Word/PowerPoint).
Highly numerate and display high levels of integrity.
Academic Qualifications and Certifications: Bachelor's degree or equivalent in Business Administration or Finance or a related field.
Master's degree such as an MBA or in Finance or any other related field is beneficial.
Required Experience: Significant experience working within a Commercial or similar role, preferably within a global IT services organization.
Significant experience in deal support, contract or legal administration, or operations.
Significant experience working with pricing assumptions and developing pricing models.
Significant deal structuring, pricing review and negotiation experience.
Significant experience working with vendors and/or suppliers.
Significant experience in an accounting type role.
Significant experience with contract reviews.
Significant experience interacting with multiple layers of management and peers.
Solid experience with operations, order processing, fulfilment, revenue recognition, legal contracts, purchase orders, license agreements.
Significant experience with relevant sales systems such as Salesforce.com.
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