Financial Project Manager at Department for Work & Pensions, UK Office/Remote, 12 Months, £Contract Rate

  • Contract Spy
  • Hybrid (Birmingham, Blackpool, Manchester, Newcastle, Sheffield)
  • Jun 11, 2024
6 Months or more

Contract Description



Financial Project Manager (Inside IR35)

Contract Term:12 Months

Contracting Authority: DWP

Location: Manchester, Leeds, Sheffield, Blackpool, Birmingham or Newcastle  


The Department for Work and Pensions (DWP) is responsible for welfare, pensions, and child maintenance policy. As the UK’s biggest public service department, it administers the State Pension and a range of working age, disability and ill health benefits to around 20 million claimants and customers. As such, we operate on a scale that is almost unmatched anywhere in Europe and most people in Britain come into contact with us at some point in their lives.

Working with DWP, you will be helping us to drive our priorities to:

  • Run an effective welfare system that enables people to achieve financial independence by providing assistance and guidance into employment
  • Increase saving for, and security in later life
  • Create a fair and affordable welfare system which improves the life chances of children
  • Deliver outstanding services to our customers and claimants
  • Deliver efficiently: transform the way we deliver our services to reduce costs and increase productivity



As a Financial Project Manager your main responsibilities will be: 

  • Work within the optimisation workstream to shape the future experiences of colleagues across contact centres (services and technology) through analysis of existing artefacts and industry best practice. Providing support to the Delivery Lead within each CCMP (Contact Centre Modernisation Programme) opportunity area.
  • Review, evaluate, and manipulate the programme financial model, incorporating any contracted schedules for pricing, KPIs, liabilities, warranties, insurances, as they arise.
  • Review and evaluate any bidder financial models submitted during procurement (including an awareness of levers bidders may use to manipulate financial outcome)
  • outcome)
  • Support any financial treatment related supplier clarifications.
  • Support the financial aspects of the ITT evaluation.
  • Support the financial aspects during negotiations such as remodelling etc.
  • Support the financial aspects of the contract construction e.g. pricing, termination, insurance, exit schedules.
  • Analyse the risk of each bidder’s financial status, including production and maintenance of the programme’s FVRA.
  • Provide actual and forecasted financial data, including analysis of the actual cost and benefit position and re-forecasting across the lifetime of the project, for inclusion in the Full Business Case.
  • Produce Discounted Cash Flows statements, Net Present Value and Benefit Cost Ratio calculations to be contained within the Full Business Case
  • Complete Should-Cost modelling and apply sensitivity analysis (3-point estimating) to show the impacts of any change in assumptions.
  • Ensure factual financial data is reflected in the business case and establish, as necessary, why any forecasted financial data has not been used or has been adapted by project manager or business case author.



You’ll have relevant experience in:

  • CCAB / CIMA qualified or part qualified
  • Ability to develop, review, and evaluate financial models, including an understanding of the correct accounting treatment of costs, benefits, and tax as per HMT guidance: Essential
  • Prior experience analysing complex (large company / international ownership) financial statements.
  • Familiarity with contracted schedules for pricing, KPIs, liabilities, warranties, insurances, etc and their linkage
  • Technical expertise in Excel
  • Prior experience working in IT transformation / service delivery: Desirable
  • Prior experience developing or assuring the financial elements of a Full Business Case
  • Relevant market insight, esp. around financial drivers
  • Prior experience supporting high value / risk procurements
  • Candidate must be willing to work 2 days per week in one of DWP’s Corporate Hubs:-Manchester – preferred, Newcastle, Birmingham, London, Leeds, Sheffield