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Commercial Lead

Belcan
Posted 7 hours ago, valid for 13 days
Location

Hull, East Riding of Yorkshire HU7 0BE, England

Salary

£70,000 - £80,000 per annum

Contract type

Full Time

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Sonic Summary

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  • Belcan Workforce Solutions is seeking a Commercial Lead for a client in Hull, UK, requiring candidates to have the 'Right to Work' in the UK with no sponsorship available.
  • The role involves managing cash flow through timely submission of Average Fund Positions (AFPs) and analyzing discrepancies through exception reports.
  • Candidates must have a minimum of 5 years of experience in a similar role within a contracting organization, preferably in the Petrochem sector.
  • The position offers a competitive salary, although the exact figure is not specified in the job description.
  • Essential qualifications include either an engineering or commercial qualification, while a degree in relevant fields is desirable.

Belcan Workforce Solutions is currently looking for a Commercial Lead to work for one of our clients based in Hull, UK.

You will require 'Right to Work' in UK, unfortunately no sponsorship will be available for this role.

You will be in charge of managing cash flow through the submission of AFPs (Average Fund Position). It's essential to submit these AFPs on time. To assess their sufficiency, we will compare the company's theoretically modelled AFP against the actual submitted figures. This comparison is likely to show some discrepancies. In such cases, an exception report will be generated to clarify any differences. We will then analyse this report to identify recurring themes and implement improvements to reduce variance going forward.

Contract Governance and Discipline

  • Estimating and negotiating change orders throughout the construction lifecycle
  • Provide estimate and cost planning to include producing and presenting the final cost plan
  • Reconcile changes to ensure that data is accurate
  • Inform and drive engineering priorities based on cost impact.
  • Manage cost checks and carry out valuations on larger projects. Complete timely, accurate cost checking and valuation processes.
  • Assessment of change Work Orders and variations in line with the Contract of Agreement.
  • Manage Cost impact / contingency management and commitment tracking log
  • Performing quantity surveying, cost controls and change management activities throughout the project lifecycle
  • Ensuring that post-contract cost variances and change control processes are managed effectively.
  • Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.
  • Monitoring weekly progress.
  • Evaluations of planned cost in comparison to original approved contract scope of work and identify difference in scope of works and submit to Client and get approval through Clients site specific software
  • Evaluation of progress and generating reports to Company's main system for progress measurement and accounting.
  • Review and assessment of complex and high-risk scope of works for possible value engineering.
  • Monitoring the weekly man-hours spent against the budget man hours.
  • Monitoring projects with respect to budgeted cost, demand forecasts, time over-runs to ensure timely execution of projects.

KPI performance monitoring

KPI Scorecard production covering KPI's under the following headings

  • SHE
  • Operational Performance
  • Innovation & Improvement
  • Weekly / Monthly / Annual governance reports:
  • Ensure Risk Reduction/Change meetings (Internal/External) are held and attend, as necessary.

Profit and Loss Monthly Reporting - Month End and WIP

  • Prepare and submit monthly financial reports to meet Company timetable.
  • Having prepared the report, an exception report shall also be produced to highlight changes from the previous months position.
  • The changes shall be subsequently analysed to determine any themes which could be considered further, and improvements introduced.

Monthly Financial Reporting and Forecasting

Prepare and submit monthly financial reports to meet Company timetable.

The report shall typically consider:

  • Forecasts.
  • Contract review slide pack.
  • Having prepared the report, an exception report shall also be produced to highlight changes from the previous months position.
  • The changes shall be subsequently analysed to determine any themes which could be considered further, and improvements be introduced.

Experience & Qualification

  • 5+ years in similar role in a contracting organisation
  • Experience of contracting in Petrochem sector (essential)
  • Experience of Project Controls software or similar tools (desirable but not essential)
  • Evidence of dispute resolution (desirable but not essential)
  • SAP experience (desirable but not essential)
  • Member of Profession Institution (e.g. MRICS or similar)
  • Strong background in dealing with commercial issues

ESSENTIAL: Either engineering or commercial qualification

DESIRABLE: Degree (Engineering, Quantity Surveying, IT, or similar)

This vacancy is being advertised by Belcan.

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