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Expired contract

Interim Finance Analyst

Details

Buyer
Water Services Regulation Authority (Ofwat)
Supplier(s)
RM Recruit Limited
Value
£61,175.92
Duration
6 months
Topic
Supply services of personnel including temporary staff
Published
16 September 2024
Source
uk:contracts_finder

Tender description

Awarded under Ofwat's Conditions of Contract for Temporary Staff (via Intermediary). The Services required are to review how the finance team manage salary accounting, budgeting, forecasting and systems. This involves taking over processes, reviewing and developing them then documenting them so they can be handed over to the business as usual team. The main tasks will include, but not restricted to: Tasks: Prepare and maintain salary budget Reconcile salary budget with HR system Prepare salary monitoring Prepare and update salary forecasts Work with HR on pay remit and calculation of pay award and bonus payments Calculate pay attrition Upload data from HR system into Oracle and improve process Work with HR on data integrity/consistency Process monthly salary journal and improve process Provide Finance Business Partners with payroll data for reporting Work closely with Finance Business Partners and HR The role shall be based working 4-days a week, based on a 7.4hr working day excluding breaks and travelling time.

Timeline

  1. Award date3 January 2024
  2. Contract expiry date30 June 2024
  3. Award published16 September 2024
    Current notice

About the buyer

Water Services Regulation Authority, known as Ofwat, is the economic regulator for the water and sewerage industry in England and Wales. A professional procurement function supports contract managers across the organisation with day-to-day purchasing decisions. Ofwat runs open competitions rather than working from a preferred supplier list, seeking quotations or full tenders for most purchases. Opportunities are advertised through the myTenders portal, with larger contracts also listed on Find a Tender. Contracts Finder carries the same notices, part of an effort to widen participation from small and medium-sized firms. Ofwat aims to pay all suppliers within 30 days of a valid invoice.

£434bn was the total UK public sector procurement spend in FY 2025/26.

Over the past 5 years, most of Ofwat's contract awards have been in business services, architectural and engineering services and IT services.

Relevant CPV codes

  • 79620000 · Supply services of personnel including temporary staff

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