Bid Leader in Finance function

4 days left

Employer
Jio
Location
Mumbai
Posted
Dec 18, 2024
Closes
Jan 28, 2025
Ref
4982429419
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
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.