Deal Finance Analyst

Company Description

Version 1 has celebrated over 26 years in Technology Services and continues to be trusted by global brands to deliver solutions that drive customer success. Version 1 has several strategic technology partners including Microsoft, AWS, Oracle, Red Hat, OutSystems and Snowflake. We’re also an award-winning employer reflecting how employees are at the heart of Version 1.

We’ve been awarded: Innovation Partner of the Year Winner 2023 Oracle EMEA Partner Awards, Global Microsoft Modernising Applications Partner of the Year Award 2023, AWS Collaboration Partner of the Year - EMEA 2023 and Best Workplaces for Women by Great Place To Work in UK and Ireland 2023.

As a consultancy and service provider, Version 1 is a digital-first environment and we do things differently. We’re focused on our core values; using these we’ve seen significant growth across our practices and our Digital, Data and Cloud team is preparing for the next phase of expansion. This creates new opportunities for driven and skilled individuals to join one of the fastest-growing consultancies globally.

Job Description

We are looking for an innovative and self-starting Deal Finance Analyst to support driving our business's competitiveness and profitability. A recently established function in Version 1, this position will be a key enabler in accelerating our business growth and success. This role will provide you with the opportunity to develop into a senior member of the Deal Finance team as the function expands.

In this role you will typically support a more senior Deal Finance professional on some of Version 1’s most strategic pursuits or lead the financial stream of your own pursuits when required. Your role will be key in driving the pricing strategy on a particular pursuit and helping to ensure that standardised pricing models are used to optimise deal wins, value delivery and deal profitability. You should be an experienced finance professional ideally with 5+ years of experience of deal pricing in the IT services industry. Your responsibilities will include:

• Preparation of client pricing models as well as conducting sensitivity and data analysis on Version 1’s cost base for a particular pursuit.
• Preparation of P&L / Cash Flow and other key financial indicators to enable decision making for our leadership team.
• Apply statistical modelling methods to determine the potential impact of pricing strategies on profitability.
• Articulate and present key financial risks within our opportunities to make sure they are well understood and what mitigations are in place.
• Presenting the deal financial summary to our leadership team and wider stakeholders in a clear, unambiguous way.
• Forecast revenue potential and market share based on market trends, costs, profit margins, and sales volumes.
• Use industry experience to define win prices: utilise benchmarking, previous deal data, customer budgets and business case analysis.
• Keep informed on general pricing analysis methods and industry trends and translate into evolutions of our pricing strategies.
• Maintain a close watch on competitor pricing and bid outcomes, conducting relevant analysis and determining appropriate pricing positioning for specific bids and other opportunity circumstances.

Qualifications

Essential:

• 7 years and above
• Commercial and analytical experience – evidence of working on complex deals in IT Services would be desirable.
• A minimum of five years' experience as a pricing professional and possess good knowledge of our industry, specifically as it relates to market and competitor positioning, offerings, pricing approaches & strategies, and general trends
• Ideally experience in developing, analysing and executing pricing proposals
• In-depth knowledge of relevant statistical methods and data analysis techniques
• Proficiency in data modelling using Excel and/or other relevant toolsets.
• Excellent verbal and written communication skills
• Ability to influence key stakeholders.
• Effective reporting and presentation skills
• Enthusiastic and proactive team player. 

Desirable:

• Strong problem-solving capabilities.
• Ideally possess an accounting-based qualification
• Drive to become the lead authority on pricing at Version 1 and build a scalable function to support significant growth objectives.

Additional Information

At Version 1, we believe in providing our employees with a comprehensive benefits package that prioritises their well-being, professional growth, and financial stability.

One of our standout advantages is the ability to work with a hybrid schedule along with business travel, allowing our employees to strike a balance between work and life. We also offer a range of tech-related benefits, including an innovative Tech Scheme to help keep our team members up-to-date with the latest technology.

We prioritise the health and safety of our employees, providing private medical and life insurance coverage, as well as free eye tests and contributions towards glasses. Our team members can also stay ahead of the curve with incentivized certifications and accreditations, including AWS, Microsoft, Oracle, and Red Hat.

Our employee-designed Profit Share scheme divides a portion of our company's profits each quarter amongst employees. We are dedicated to helping our employees reach their full potential, offering Pathways Career Development Quarterly, a programme designed to support professional growth.

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