Description

A bid manager oversees the process of bidding on contracts, from initial development and structuring to placing the bid to follow-up. They typically oversee a team that gathers the necessary information, performs cost analysis, and completes other tasks that are necessary to create an accurate and successful bid. Additionally, the bid manager is responsible for reporting the status of bids to executive management. An average day for a bid manager involves assessing the status of bids in progress, checking in with colleagues and department team members, reporting to direct supervisors, performing research, and refining bid data to present a polished bid. The job takes place primarily indoors, though in some cases travel and on-site inspection may be necessary for the manager to gather additional information for project completion.Requirements for the position of bid manager vary by company, as well as the specific product or service for bid. In general, candidates are expected to hold a bachelor's degree in business administration or a related field. They should also have experience in the organization's field. Individuals who work as bid managers have usually worked as junior bid associates and accumulated significant experience prior to taking on a more senior role. Individuals who work as bid managers must have excellent interpersonal skills, as well as time management and multitasking skills.

Roles & Responsibilities

As a Bid Manager with 3-6 years of experience in the AE, your main responsibilities include:

  • Manage and coordinate the entire bid process, from initial opportunity assessment to proposal submission, ensuring adherence to timelines and quality standards.
  • Collaborate with cross-functional teams to gather information, develop bid strategies, and create compelling proposals that address client needs.
  • Conduct market research and competitive analysis to identify trends, assess market opportunities, and tailor bid strategies accordingly.
  • Oversee the preparation of bid documents, including writing and editing content, coordinating graphics, and ensuring compliance with client requirements and industry regulations.

Qualifications & Work Experience

A bid manager is responsible for the bidding process for contracts, starting from the initial planning and structuring, through placing the bid, and then following-up. They usually oversee an entire team who gathers the required information, conducts cost analysis and other tasks required to ensure an accurate and effective bid. In addition, they are accountable to report the state of the bids the executive management. A typical working day of a bid manager includes reviewing the bids' status in progress, coordinating with colleagues and team members from the department and reporting to supervisors who direct the bid conducting research, and reworking bid information to create a professional bid. The work is mostly inside, although in certain instances, travel and inspections on site could be required for the manager to collect additional data for the project's completion.

Essential Skills For Bid Manager

1

Sales

2

Sales Strategy

3

Sales & Management

Skills That Affect Bid Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Contract Law

2%

Project Management

3%

Sales Analysis

2%

Career Prospects

The Bid Manager job role requires 3-6 years of work experience in the AE. If you're looking for alternative roles, here are four options to consider:

  • Proposal Manager: A role that involves overseeing the development and submission of proposals to win new business. Responsibilities include coordinating with various teams, managing timelines, and ensuring compliance with client requirements.
  • Business Development Manager: A position focused on identifying and pursuing new business opportunities. This role involves market research, lead generation, relationship building, and developing strategies to increase sales and revenue.
  • Project Manager: A role that involves planning, executing, and monitoring projects from start to finish. Responsibilities include defining project objectives, allocating resources, managing budgets, and ensuring timely delivery of project milestones.
  • Sales Manager: A position focused on driving sales growth and achieving revenue targets.

How to Learn

The Bid Manager role in the United Arab Emirates is expected to show significant growth in the market. According to a 10-year analysis using Google data, the position is projected to experience a steady increase in demand and opportunities. The role is anticipated to see a rise in job openings, presenting numerous employment opportunities in the future.