Date Posted:
2026-06-05
Country:
United Kingdom
Location:
Glenrothes, Fife
Position Role Type:
Hybrid
Benefits:
- £: Competitive salary
- Contributory Pension Scheme (up to 10.5% company contribution)
- 6 times salary ‘Life Assurance’ with pension
- 25 days holiday (increasing with service) + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
- Car/Car allowance (dependant on grade/ role)
- Company bonus scheme (discretionary)
- Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others
- Enhanced sick pay
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
- Private Medical Insurance – dependant on grade
Work Culture
- 37hr working week, although hours may vary depending on role, job requirement or site-specific arrangements.
- Early 1.30pm finish Friday, start your weekend early!
- Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role.
- Up to 5 paid days volunteering each year.
- Flexible working culture focused on output, with more formal flexible working arrangements on request (assessed subject to role) - please highlight any requests to the Talent Acquisition team.
About us
At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence.
Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do. Together, we are not just advancing technology; we're building a community committed to safeguarding a safer and more connected world.
Our Business
As a leading defence and aerospace company operating across the United Kingdom, Raytheon UK helps to solve our customers’ toughest challenges. We are a major supplier to the UK government and customers around the globe, providing defence solutions across all domains: land, sea, air, space, and cyberspace. We also provide digital and training transformation solutions to commercial and military customers.
With circa 2000 employees and major facilities operating throughout the UK including Broughton (Wales), Livingston and Glenrothes (Scotland), and Harlow, Gloucester, and Manchester (England); we are committed to investing in British careers and technology development.
About the role:
The Procurement Pricing and Bid Manager will be responsible for leading the development of competitive pricing strategies and managing the end-to-end bid process for procurement opportunities. This role works closely with procurement commodities, finance, operations, and commercial teams to ensure bids are commercially viable, compliant, and aligned with organisational objectives.
The successful candidate will analyse costs, assess market conditions, prepare pricing models, and support negotiations.
Essential Skills & Experience
- Proven experience in procurement, bid management, and pricing within defence or highly regulated sectors
- Strong track record developing pricing strategies and complex cost models for bids and tenders
- Experience supporting government/public sector or defence procurements
- Solid knowledge of FAR/DFARS regulations and compliant proposal development
- Expertise in producing cost proposals, pricing narratives, and supporting documentation
- Understanding of contract types (fixed-price, cost-reimbursable, T&M, hybrid)
- Experience managing cross-functional bid teams and delivering to tight deadlines
- Familiarity with ERP systems, procurement tools, and advanced Excel modelling
- Experience supporting audits, compliance reviews, and regulatory requirements
Desirable Skills
- Professional certifications (e.g. MCIPS, MBA, NCMA or equivalent)
- Knowledge of cost accounting principles, indirect rates, and government-compliant pricing methods
Key Responsibilities
Bid Leadership: Lead the end-to-end preparation, coordination, and submission of bids, tenders, and proposals.
Cross-Functional Coordination: Work with technical, commercial, finance, procurement, legal, and operations teams to gather inputs and align on submissions.
Bid Management: Oversee timelines, deliverables, approvals, and ensure compliance with governance requirements.
Pricing Strategy & Modelling: Develop pricing models and cost structures; recommend strategies balancing competitiveness and profitability.
Market & Cost Analysis: Analyse supplier pricing, market trends, competitor activity, and total cost of ownership risks/opportunities.
Procurement Collaboration: Support sourcing activities, supplier negotiations, and identify cost-saving opportunities.
Performance Tracking: Monitor bid outcomes, track key metrics, and conduct post-bid reviews to drive continuous improvement.
Stakeholder Engagement: Present pricing strategies and bid recommendations to senior leadership.
Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
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