Senior Commercial Manager
3 weeks ago
REPORTING TO:
Project Director
SENIOR COMMERCIAL PROJECT MANAGER - PURPOSE OF POSITION:Contract Management and Profitability of projects through accurately executed contracts and cost tracking.
SENIOR COMMERCIAL PROJECT MANAGER - MAJOR RESPONSIBILITIES:The below is not an exhaustive list of duties and you will be expected to perform different tasks as necessitated by your changing role within the organisation and the overall business objectives of the organisation.
SENIOR COMMERCIAL PROJECT MANAGER - Role specific responsibilities- Project and commercially manage multiple projects from receipt of award until final account stage and in conjunction with Project Delivery Manager, assuming responsibility for delivery of the expected GM % rate
- Populate and update Commercial documents including profitability overview, revenue/cost/margin forecasts (monthly)
- With the assistance of Project Cost Account, review, and track cashflows and budget trackers for cost spend (monthly)
- Populate monthly business review file (MBR), explain forecasting updates with Senior management and tracking each month actuals to commitment and update on the variances.
- Understand Contract requirements (per project) on contractual milestone payments, revenue recognition, ensuring compliance and with the aim to ensure maximum potential is realised.
- Build positive relationship with customers to improve opportunities of repeat business and additional scopes.
- Raise, submit, and agree variance orders in accordance with the contract.
- Review payment applications prepared by Commercial Administrator in readiness for submission to the client.
- In conjunction with Commercial Administrator understand AR position on projects Commercially responsible for support the maintenance of accounts receivable resolving any disputes in a timely manner, handling negotiation to resolve payment in line with terms.
- Undertake detailed formal project reviews monthly to understand and explain profitability compared to bid and forecast, to seek out opportunities/risks but also provide feedback to project delivery and proposals teams to take decisive action to mitigate any overspend/provide accurate pricing.
- Support with ad hoc analysis of projects as and when required.
- Support in the provision of financial evidence for internal or external audits as and when required.
Job Specific Education Required: Project Management and Project Work understanding Contract Management Accounting and Finance knowledge (understanding of accounting terminology) Good Excel knowledge (essential) SAP experience (desirable)
Work Experience Required: Background in project-based business (desirable) Background in commercial (desirable) Forecasting experience (desirable) Administration background
Skills & Knowledge Required: Strong Leadership skills Strong influencing & negotiation skills Strong Communicator Excellent Customer Service skills Business acumen
Forward Assist Recruitment is operating as an employment agency. Forward Assist Recruitment is an Equal Opportunities employer; we welcome applicants from all backgrounds.
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