Principal Commercial Officer
2 months ago
**Principal Commercial Officer**
Working from Barrow, A Principal Commercial Officer is required on a 12-month contract basis to work for a major defence client.
**Hourly Rate**: £55 PAYE or £72.57** **UMBRELLA**
**Overview**
- Developing and managing the commercial relationship with the customer community. Manage and resolve customer queries and issues in areas of responsibility, escalating significant problems as appropriate.
- Preparation of bids in line with the Life Cycle Management (LCM) Request for Bid Approval (RBA) Process.
- Review, draft, negotiate and finalise contracts and commercial agreements and support complex contracts
- Lead the preparation and presentation to Senior Management of Life Cycle Management (LCM) reviews and RBA process, ensuring the necessary approvals are obtained within the governance of the operational framework.
- Manage commercial contracts and the commercial elements of the LCM and TBA process within own possession.
- Understand the financial and pricing requirements of commercial contracts.
- Adopt clear understandings with suppliers of both technical and commercial issues to ensure that business arrangements minimise risk. Propose and review complex terms and conditions to ensure that BAE SYSTEMS Business interests are protected.
**Skills**
- Has practical and relevant comprehensive work experience.
- Good and broad professional knowledge of Commercial principles, techniques, and practices and understanding of how Commercial roles fit in organisation as a whole.
- Has developed comprehensive Commercial knowledge.
- Has developed a good level of business acumen in terms of the wider business.
- In-depth knowledge of BAE processes and procedures specialist in area of expertise.
- In-depth understanding of Commercial streams across the relevant business unit.
- A developed knowledge of relevant business units and how this relates to wider BAE Systems
- Knowledge of the UK Defence Sector and other external customers - recognising key players in the market and stakeholder management as appropriate.
- Knowledge of MoD and BAE policy and procedure.
- Understanding complex contracts and concepts - bring into consideration performance indicators, target costs, incentives, etc.
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