SC Cleared Financial Modeler – Inside IR35

Contract Term: 1 - 6 Months

Contracting Authority: Ministry of Defence (MOD)

Location: Corsham – Hybrid remote and onsite throughout the week

Clearance: Active SC Clearance is essential

Imagine having a talent that could benefit someone you’ve never met and solve problems you didn’t even know existed. Well, you do, and you can. And we’re here to help you do just that. At PSR we are the go-to place for talented contractors and temps for a rich variety of public sector roles.

The Financial Modeler will assist with the production of financial artefacts to support the EUS Tender activity and IAC submission.

As Financial Modeler, you will:

• Provide Subject Matter Expert (SME) financial support to the project team which shall include as a minimum:
• The consolidation of Bidder costs;
• Identification of GFX through system requirements and the costing of Authority Dependencies and Assumptions (GFX);
• Comparing bidder costings against Should Cost data;
• Updating the Investment Appraisal Cost Model to act as the "Should Cost" during Tender Evaluation;
• Resolving ad hoc financial costing queries during negotiations; and
• Financial Support to Financial Schedules
• Provide support in identifying and articulating EUS Benefits.
• Support the maintenance and operating of the EUS Main Gate Model including updates to bidder costings, Authority Dependencies and Assumptions to enable the delivery of probabilistic cost forecasts. To use appropriate accounting treatments (escalation, VAT, foreign exchange, indices etc.) endorsed by the appropriate MOD department and Approvals. To provide appropriate breakdown of forecast costs and associated briefing material in line with JSP 655;
• Provide support in the production of key cost model inputs which shall include as a minimum:
• Robust Cost Data Assumptions List (CDAL), containing:
• Quantified three-point estimates against an appropriate breakdown structure;
• The CDAL is required to be underpinned by an auditable evidence trail at an appropriate Data Readiness Level (DRL); and
• The CDAL must also be consistent with EUS Bidder Returns and the EUS Master Data Assumptions List (MDAL).
• Support to calculating risk mitigations.
• Provide Support to the independent assurance requirements which shall include as a minimum:
• Assurance Cost Model inputs;
• Verification and Validation (V&V) evidence;
• Optimism Bias; and
• Cost Assurance and Analysis Services (CAAS) Assurance Team Financial artefacts.
• Provide support in the Stakeholder Management engagement for the EUS IAC submission which shall include as a minimum:
• Supporting the engagement with assurance and scrutiny communities, for example CAAS, Defence Economics, Scrutineers etc;
• Supporting Authority Management Reviews relating to cost.

You’ll Have:

• Full/part qualified Accountant or relevant experience (would also be considered);
• Advanced Excel skills
• Experience creating and maintaining cost models

It would also be great if you had:

• Experience of modelling and evidence requirements to support CAT A submissions;
• Experience of working in Ministry of Defence Finance Function.

If this Financial Modeler role sounds like something that you would be interested in, please click the link to apply and speak to one of our PSR team now.

"In applying for this role, you acknowledge the following; this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different."