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 6-9 years of experience in the AE, your main responsibilities include:

  • Leading the bid management process, coordinating cross-functional teams, and ensuring adherence to timelines and deliverables.
  • Developing and implementing bid strategies to maximize win rates and profitability.
  • Conducting competitive analysis and market research to inform bid strategies and pricing models.
  • Crafting compelling proposals, including technical and commercial content, and ensuring alignment with client requirements and expectations.

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

18%

Career Prospects

The role of a Bid Manager is crucial in managing the bidding process and ensuring successful contract acquisitions. For professionals with 6-9 years of experience in the architectural engineering industry, here are four alternative roles to consider:

  • Proposal Manager: A position that focuses on developing winning proposals for potential clients, coordinating the proposal team, and ensuring compliance with requirements.
  • Business Development Manager: A role that involves identifying new business opportunities, building relationships with clients, and developing strategies to expand the organization's market presence.
  • Project Manager: A position responsible for overseeing the execution of projects, managing resources, timelines, and budgets to deliver successful outcomes.
  • Sales Manager: A role focused on driving sales growth, managing the sales team, and developing strategies to meet 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.