Commercial Portfolio Manager

6 days ago

Glasgow, Glasgow City, United Kingdom ENGINEERINGUK Full time

About the Role
As a Commercial Portfolio Manager at ENGINEERINGUK, you will be responsible for the end-to-end commercial management of a high-volume portfolio of low-value maintenance activities and reactive minor works interventions. You will provide commercial advice, guidance, and recommendations to the delivery project and programme teams, robustly managing project costs and mitigating commercial risk.

Key Responsibilities
• Ownership of all Cost, Volume, and Contractual Matters relating to projects within your portfolio.
• Control of Project Costs, to be managed within authorised budgets.
• Reconciliation of Costs between the operational property fault management database, supplier applications for payment, Network Rail's cost management system, and the business plan.
• Reporting of project costs for your portfolio, incorporating Cost of Work Done, Forecast to Completion, Anticipated Final Cost, Gross Billing, and Current Contract Value.
• Analysis of variances, providing commentary and assurance.
• Support applications for new and increased project investment, in accordance with the Network Rail investment process.
• Identify commercial claims, risks, and opportunities that may impact your portfolio, raising issues and proposing mitigation at the earliest opportunity.
• Value suppliers' applications for payment, processing payment certification in accordance with Network Rail processes, the contract, and commensurate with contractual entitlement.
• Produce appropriate commercial correspondence and contractual notices in accordance with the contract.
• Agree final accounts and internal project costs, reconciling to project investment authority and programme.
• Change Management on all projects, recommending appropriate action in accordance with the contract and change control procedures.

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.
• 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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