Commercial Manager

4 weeks ago

Basingstoke, Hampshire, United Kingdom Network Rail Full time
About the Role

As a Commercial Manager at Network Rail, you will play a crucial role in providing post-contract commercial management of medium value/medium risk activity and supporting pre-contract activity within the project delivery team's scope of work.

Key Responsibilities
  • Monitor and manage cost reporting of all allocated projects within the Network Rail reporting framework, including Cost Forecasting, Anticipated Final Cost, Cost of Work Done, Gross Billing, and Current Contract Value.
  • Monitor, manage, and report on all commercial aspects of allocated projects, flagging issues and proposing mitigation actions at the earliest opportunity to Project Manager and/or Programme Manager (functional reporting line) and/or Senior Commercial Manager.
  • Review contractor delivery, including leading valuation of medium value/medium risk contracts and attending all progress meetings to actively influence contractor's commercial behaviors, delivery, and activity.
  • Manage assessment and valuation of contractor's applications and processing of payment certification in accordance with Network Rail processes, contractual terms, and conditions, and commensurate with contractual entitlement.
  • Provide proactive advice and guidance to Project Managers on all change, including proposed scope changes, recommending appropriate action in accordance with Network Rail change control systems and produce all required documentation for approval in accordance with levels of delegated authority.
  • Produce applications for payment/invoices to outside clients in accordance with relevant funding agreements, including supporting documentation as appropriate.
  • Identify and advise on all commercial risk/claim events.
  • Provide ad-hoc management information and analysis to promote informed decision-making.
  • Produce appropriate commercial correspondence and contractual notices for issue in accordance with contractual conditions.
  • Undertake final account settlements and internal reconciliation to project close-out as per the project authority, project plan, and within agreed timescales.
  • Support demonstration of efficiencies and continual improvement of estimating by undertaking cost analysis of completed projects and feedback as per Cost Allocation Feedback process.
  • Support pre and post-contract procurement activities as appropriate.
  • Provide support to estimating resources, offering guidance and advice on project scale/scope as required.
  • Negotiate all prices under existing contracts/framework agreements, including the negotiation of target costs, and fully participate in the associated quantitative risk assessment and value management workshops, as required.
Requirements
  • Demonstrable experience in commercially managing investment projects.
  • Demonstrable relevant experience.
  • Good understanding of railway and construction industry forms of contract.
  • Good understanding of the construction/railway industry.
  • Good negotiation skills.
Desirable
  • Educated to degree standard in a related subject.
  • Membership of a relevant professional institute, chartered status.
  • Significant experience of working within a generalist commercial environment.
  • Awareness of industry issues.

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