Contracts Manager

3 days ago

Sunderland, United Kingdom CV-Library Full time

Contracts Manager

Location – Based in Sunderland or Adlington

Job Specification and Responsibilities

The Contracts Manager has a key role in the business; responsible for managing contracts relating to projects; studying the legalities of contracts and helping to negotiate terms and conditions with clients and third parties before drafting legal documents to outline terms of service and project deliveries. On execution of project contracts, the Contracts Manager will provide commercial insight across all activities of the project whilst maintaining Operating Profit and identifying opportunities for growth. Reporting to the Head of Commercial, the Contracts Manager will maintain a diverse range of responsibilities while interacting with all key business areas.

Role Responsibilities

Acting as a Key point of contact for clients, site and project managers; the Contracts Manager will undertake a range of duties including:

Legal & Commercial

* Developing and presenting commercial project proposals

* Draft and advise on Contract Terms through Contract negotiations to Contract execution.

* Review and formalise contractual requirements by submission of notices (including but not limited to Early Warning, Compensation Events/Variations, and Extensions of Time)

* Manage, mitigate and close all Contract and Subcontract disputes

* Monitor performance of all commercial activities using key metrics and prepare reports for the board of Directors.

Purchasing

* Prepare and execute Subcontract Terms managing Subcontractors throughout the business.

* Manage and analyse project contract information to minimize risk and ensure terms agreed with sub-contractors align to our head of terms.

Finance

* Interaction with the Finance function of the business providing key information including Supplier cost, Client recovery and Project Milestone Payments

* Preparing necessary commercial reports such as the project financial position including monthly cost value reconciliations, project forecasting, short term cashflow analysis and budget management

* Interact and control Stakeholder Management including negotiation of credit and payment terms

* Complete Client applications for payment and monitor receipt of cash.

* Overseeing invoicing at the end of a project and final accounts

Responsibilities

* Negotiate, draft, and finalise contracts from Tender to Contract Award

* Manage commercial strategies in line with company goals to maintain and accelerate growth

* Manage contract statuses for projects across the Business including a managed timeline of all contract expirations and plan to extend as appropriate.

* Develop, maintain, and manage business relationships (including Clients and Suppliers) identifying opportunities for growth and improvement.

* Monitor, manage and mitigate business risk (including but not limited to Project Factors, Force Majeure, and Business Change)

* Own the contractual and financial arrangements of the project and the strategic commercial and finance relationships.

Education and Experience Required

* Proven experience in a role within the Construction and Engineering Sector

* Commercially astute, understands the competitive market and manages risk – commercial, operational, and financial.

* Understanding of varied Contract Forms (NEC, MF1, JCT, Yellow book etc.) including bespoke drafting.

* Highly organised and able to prioritise workload.

* Adhere to the business’s core values through working relationships, attitude, and behaviour.

* Ability to travel (Hybrid working policy)

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