Commercial Lead
4 days ago
**Job Title**: Commercial Lead
**Reporting to**:Business Unit General Manager
**Role purpose**
The **JOB TITLE** will be **Commercial Lead**
The **Commercial Lead** will manage the commercial team within a joint venture within England, including Senior Quantity Surveyors, Quantity Surveyors, Graduates, and Apprentices.
The jobholder will take responsibility for the commercial performance of a number of projects or a large complex major project let within a joint venture (OTW JV) under an Engineering, Procurement and Construction (EPC) Framework with National Grid, throughout ECI Stage 1 to Stage 2 Engineering, Procurement and Construction (EPC), whilst reporting to the Business Unit General Manager and OTW JV Operational Board. The Commercial Lead will report functionally into the Regional Commercial Manager.
**It is essential that the role is based on site 3-4 days per week.**
**Responsibilities & Duties**
Including but not limited to the following:
- Participate in creating a safe working environment.
- Act as Commercial Lead in the administration of contracts for the OTW JV.
- Develop and maintain relationships with clients, subcontractors and key stakeholders.
- Produce Subcontract documentation including negotiation of terms and conditions, prices and programme.
- Management of subcontract works packages including interim assessments of the amount due and subsequent change management.
- Produce and issue all commercial notices, to both the Client and Subcontractors, as required by the form of contract.
- Manage change in a timely manner in accordance with the form of contract, including the production and submission of EWN’s, Compensation Event Notices and Compensation Event Quotations.
- Liaise with operational and engineering staff to ensure site records are kept to the standard required.
- Produce detailed monthly reports and Cost Value Reconciliations (CVR) as required by the business unit or project.
- Produce and maintain a detailed ‘Cost Plan’, tracking and forecasting expenditure, including detailed schedules of Subcontractor ‘liabilities’ and use of Oracle based cost analyses.
- Produce and maintain accurate cost and value forecasts on a monthly basis
- Produce and maintain accurate cash flow forecasts on a monthly basis.
- Work with the Project Managers to ensure accurate planning of expenditure.
- Support the Project Managers and others to identify, quantify and mitigate risks to cost and value.
- Interpret and critically evaluate expenditure reports produced by internal cost systems.
- Attend progress and risk reduction meetings with the client and subcontractors.
- Responsible for key decision making relating to commercial matters alongside the senior operational team.
- Management and development of the commercial team to ensure they reach their potential and support their wellbeing.
- Be available to assist estimating and bid teams with contractual expertise
**Key interfaces**
Relationships with key stakeholders:
- Business Unit General Manager - Commercial Lead must align with the overall business unit objectives, and support BUGM commercially.
- OTW JV Operational Board - Commercial Lead is responsible for monthly commercial reports and obtaining the correct OTW JV governance in line with delegated authority.
- Regional Commercial Manager - Commercial Lead must maintain a close working relationship to ensure consistency with the wider business on commercial issues.
- Client - Commercial Lead must ensure a strong rapport is built with the client, building on existing working relationships.
**Person Specification**
**Qualifications and experience**
The jobholder shall possess:
- Chartered (MRICS), or working towards
- Master’s degree qualified in Quantity Surveying or similar
- 5+ years’ Experience working on energy sector ‘major projects’
- Strong appreciation/training of NEC4 forms of contract.
- Advanced IT skills including Excel, Word & Contractual and Cost Management Systems
- Excellent stakeholder management and communication capabilities.
- Solid knowledge of construction processes.
- First class time and outcome management skills.
- Strong leadership and management expertise proven track record of developing individuals.
- Track record of negotiation and final account settlement.
**Competencies**
**Required** skills, knowledge, and abilities:
- Excellent stakeholder management and communication capabilities.
- Solid knowledge of construction processes.
- First class time and outcome management skills.
- Strong leadership and management expertise proven track record of developing individuals.
Track record of negotiation and final account settlement.
**Values**
In line with Omexom’s values, the jobholder must have the following qualities:
**Team Spirit & Generosity** - able to work effectively within and contribute to the Omexom team to deliver results, provide support and drive performance.
**Trust and Empowerment** - enjoy managing their responsibilities an
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