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 Australia, your main responsibilities include:

  • Managing and coordinating the end-to-end bid process, including proposal development, strategy, and submission.
  • Collaborating with cross-functional teams to gather information, analyze client requirements, and develop compelling bid responses.
  • Conducting market research and competitor analysis to identify opportunities and improve the bid strategy.
  • Ensuring compliance with bid requirements, deadlines, and quality standards while maintaining effective communication with stakeholders.

Qualifications & Work Experience

For a Bid Manager, the following qualifications are required:

  • Proven experience in bid management, with a track record of successfully managing and winning bids for complex projects.
  • Excellent project management skills to effectively lead and coordinate cross-functional teams in the bid process, ensuring delivery on time and within budget.
  • Strong written and verbal communication skills to develop compelling proposals and presentations that effectively showcase the company's products/services and value proposition.
  • Exceptional attention to detail and analytical skills to conduct thorough analysis of bid requirements, evaluate risks, and develop competitive pricing strategies.

Essential Skills For Bid Manager

1

Program or Project Management

2

Team Management

3

Project Management

Skills That Affect Bid Manager Salaries

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

Team Management

1%

Sales Analysis

1%

Career Prospects

The role of a Bid Manager is crucial in managing the bidding process and securing new business opportunities. For professionals with 3-6 years of experience in Australia, there are several alternative roles worth considering. Here are four options to explore:

  • Proposal Coordinator: A role that involves coordinating and organizing the proposal development process, ensuring timely submissions and adherence to client requirements.
  • Business Development Executive: A position focused on identifying new business opportunities, building relationships with clients, and developing strategies to drive growth.
  • Sales Operations Analyst: A role that involves analyzing sales data, monitoring performance metrics, and providing insights to improve sales effectiveness and efficiency.
  • Project Manager: A position that entails overseeing the execution of projects, ensuring timely delivery, managing resources, and coordinating with stakeholders.

How to Learn

According to recent data from Google, the role of Bid Manager is projected to experience substantial growth in the Australian market. Over the past 10 years, this job role has seen a steady increase in demand and is expected to continue to do so in the future. The availability of employment opportunities for Bid Managers is expected to rise significantly, providing a promising outlook for individuals interested in pursuing this career path.