Financial and Commercial Manager - UK
Role - Financial and Commercial Manager
Location - UK (London, Leeds)
Position Overview:
The Financial and Commercial Manager will play a pivotal role within a large, established IT programme, ensuring that all financial and commercial operations are executed to the highest standards of accuracy, transparency, and effectiveness. This position is accountable for overseeing cost-plus project level accounting, managing complex budgets, supporting the commercial strategy, and ensuring robust compliance and reporting across all financial activities associated with the programme.
The successful candidate will demonstrate a deep understanding of cost-plus accounting models within large-scale UK central government IT environments and possess proven expertise in commercial contract management, financial planning, and stakeholder engagement. Reporting directly to the Client Partner and working in close collaboration with cross-functional leadership teams, the Financial and Commercial Manager will be a trusted advisor, a strategic thinker, and an effective operator, ensuring that the programme delivers optimal value for Infosys and the Client.
Key Responsibilities
• Financial Strategy, Planning, and Reporting
• Develop and implement comprehensive financial strategies that align with the overall objectives of the programme.
• Lead annual and multi-year budgeting processes, ensuring realistic, data-driven forecasts and effective allocation of resources.
• Coordinate and manage financial modelling, scenario planning, and cost estimation exercises for existing and future workstreams.
• Monitor and evaluate the financial performance of the programme, recommending adjustments and corrective actions as necessary.
Cost Plus Accounting Management:
Oversee the end-to-end cost-plus accounting processes, ensuring all allowable costs are captured, allocated, and reported in accordance with Infosys policy and contractual requirements.
Manage direct, indirect, and overhead cost allocation methodologies to ensure accuracy and transparency.
Develop and refine processes for cost tracking, reporting, and reconciliation, identifying and addressing anomalies and inefficiencies.
Prepare, review, and present regular cost reports and variance analyses to internal and external stakeholders.
Support the audit process by providing detailed cost records, justifications, and reconciliations on demand.
Commercial Management & Contract Administration:
Lead or oversee the commercial management of supplier and client contracts, including negotiation, performance management, and compliance monitoring.
Draft, review, and negotiate client and supplier contract amendments, ensuring robust risk management and value delivery for all parties.
Monitor service-level agreements (SLAs) and key performance indicators (KPIs) for client and subcontractor contracts, escalating issues and managing disputes proactively.
Ensure all contractual obligations, milestones, and deliverables are met by both internal teams and external partners.
Financial Reporting & Compliance:
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Prepare comprehensive monthly, quarterly, and annual financial statements for the client and reports for the programme, including analysis of key cost drivers, risks, and opportunities.
Ensure compliance with all relevant accounting standards, regulatory frameworks, contractual requirements, and internal policies.
Facilitate and support external and internal audits; coordinate responses to queries and implement audit recommendations.
Maintain up-to-date knowledge of changes in cost-plus accounting regulations and standards and ensure continuous process improvement.
Stakeholder Engagement & Business Partnering:
Act as a strategic partner and subject matter expert to Infosys Finance, programme leadership, project managers, procurement, and delivery teams.
Provide financial guidance and commercial insights to enable effective decision-making and risk management.
Communicate complex financial and contractual information to both technical and non-technical audiences.
Build and maintain effective relationships with the Client, suppliers, auditors, and Infosys Finance.
Risk Management & Continuous Improvement:
Identify, assess, and mitigate financial and commercial risks across the programme lifecycle.
Lead root cause analysis for cost overruns or commercial disputes, implementing remedial actions as required.
Champion continuous improvement initiatives in financial controls, reporting accuracy, and commercial processes.
Essential Qualifications and Experience
• Bachelor's degree in accounting, Finance, Business Administration, or related discipline; professional accounting qualification (e.g., CPA, CA, CIMA, ACCA) preferred.
• Minimum 7-10 years' experience in financial management, with substantial exposure to cost plus accounting in large-scale, large UK central government contracts.
• Demonstrable expertise in commercial contract management, including negotiation, drafting, and administration of complex contracts.
• Strong knowledge of cost allocation methodologies, cost modelling, and financial analysis techniques.
• Experience in budget development, resource planning, and financial forecasting.
• Advanced proficiency in financial management systems (e.g., Oracle, SAP, MS Dynamics) and Microsoft Excel.
• Excellent communication, stakeholder management, and presentation skills.
• Exceptional analytical, problem-solving, and decision-making abilities.
• Sound knowledge of relevant accounting standards (e.g., IFRS, GAAP) and applicable regulatory requirements.
• Prior experience in supporting or leading financial audits for major projects or programmes.
• Ability to thrive in a fast-paced, matrixed environment with competing priorities.
Key Competencies and Attributes
• Strategic and commercial acumen, with strong results orientation.
• High level of integrity, objectivity, and ethical conduct.
• Meticulous attention to detail, accuracy, and process discipline.
• Ability to influence, lead, and engage cross-functional teams and external partners.
• Innovative, proactive, and adaptable, with a commitment to continuous learning and improvement.
• Strong organizational, time management, and multi-tasking skills.
Reporting Lines and Relationships
• Reports directly to the Client Partner.
• Works closely with IT Programme Leadership, Project Managers, Procurement, and Delivery Teams.
• Liaises with clients, suppliers, auditors, and relevant external regulatory authorities.
Career and Development Opportunities
• Opportunity to influence and drive the financial and commercial strategy of a high-profile IT programme.
• Exposure to complex, innovative technology environments and multi-disciplinary teams.
• Clear pathway to senior leadership roles within finance, commercial, and programme management domains.
• Support for ongoing professional development and certification.
Why Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation.
With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
"All aspects of employment at Infosys are based on merit, competence and performance. We are committed to embracing diversity and creating an inclusive environment for all employees. Infosys is proud to be an equal opportunity employer."
Perks and Benefits
Health and Wellness
- Health Insurance
- Life Insurance
- HSA
- Short-Term Disability
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- On-site/Nearby Childcare
Work Flexibility
Office Life and Perks
- Commuter Benefits Program
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Sabbatical
Financial and Retirement
- 401(K)
- Relocation Assistance
Professional Development
- Learning and Development Stipend
Diversity and Inclusion
- Employee Resource Groups (ERG)