Project Commercial Lead

Posted 30/08/2024 by Mandala Group Ltd

Location:
London
Salary/Rate:
£130,000 - £160,000/annum Bens

Project: HS2 - £100m - 4 years - NEC Contract

A specialist contractor with expertise in Building & Civil Engineering are seeking a Commercoa Lead for a long term HS2 project.

As the Commercial Lead you will be responsible for the financial management of the project negotiating and agreeing contracts and providing leadership to ensure the best possible commercial outcome.

You must have exceptional risk management skills as well as financial reporting abilities as you will be required to ensure that all commercial aspects of the project or series of projects are correctly managed and controlled, and that commercial an effective strategy is developed and delivered in accordance with the requirements of the business and project.

Key Responsibilities

Management of Commercial Team

  • Carry out reviews of Commercial team
  • Provide assistance, support and guidance on all commercial issues within the projects and ensure that commercial staff attain their maximum potential
  • Develop and expand the commercial knowledge of the Commercial team
  • Review all commercial procedures to deliver maximum margin
  • Provide contractual advice during the tendering process
  • Identify improvements to commercial procedures
  • Manage the monthly commercial audit process
  • Manage mediation/adjudication claims
  • Ensure the subcontract process is administered correctly to protect the Company
  • Ensure effective interaction between the Commercial team and the Operational site teams

Reporting

  • Responsibility for the review of contract results and performance
  • Manage CVRs on a monthly basis to satisfy the requirements of the Business Unit/Company and provide any other reports which may be required
  • Manage and review cost to complete forecasts

Valuation and Cash Collection

  • Ensure all valuations are submitted on time
  • Maximise monthly valuations
  • Ensure timely collection of cash
  • Deal with claims preparation, final account negotiation and settlement
  • Manage the variation and/or compensation event process including timely submission with cost information

This position will suit an experienced commercial lead who has extensive managfemnt experince and understands how to drive and motivate and deliver from a holistic perspective without getting to involved in the weeds.

Type:
Permanent
Start Date:
ASAP
Contract Length:
Permanent
Job Reference:
MGCLKB
Job ID:
222242232

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