Program Manager 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:
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
Bachelors 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.