Commercial Reporting & Cost Control Prepare and update cost value reconciliation information for allocated sections of projects Assist with preparing and submitting interim valuations and applications for payment Monitor costs against budget for allocated work areas and report identified variances Assist with project forecasting by compiling accurate and timely cost and value information Maintain accurate and auditable commercial records Procurement & Subcontract Management Support procurement activities, including issuing enquiries, analysing quotations and preparing tender comparisons Assess subcontractor applications for payment, including measurement and verification under appropriate supervision Support administration of subcontract accounts, including valuations, variations, payments and final accounts Assist with preparation of subcontractor and project final accounts Contract & Change Management Identify, measure and record change events and variations Develop understanding of relevant contract terms, notices and commercial obligations Maintain appropriate records to support variations and contractual entitlement Identify commercial risks, issues and opportunities and escalate them appropriately Project & Stakeholder Support Liaise with project teams to support accurate measurement and reporting of project progress Build effective working relationships with clients, subcontractors, consultants and suppliers Support Commercial colleagues with delivery of project priorities Communicate commercial information clearly and accurately Development & Compliance Develop knowledge of construction methods, commercial processes and relevant forms of construction contract Apply company procedures, governance requirements and commercial standards Take ownership of personal development and professional progression Progress towards independent management of defined commercial activities Decision Authority Makes day-to-day decisions within clearly defined activities and agreed parameters Recommends valuations, variations and subcontract account positions for review Identifies and escalates commercial risks and matters outside delegated authority Does not make material contractual commitments without appropriate approval Key Measures of Success Accuracy and reliability of cost reporting and valuations Timely administration of subcontractor accounts and payments Quality and completeness of commercial records Effective identification and escalation of commercial risks Progression towards independent commercial delivery The duties listed are not exhaustive and may be varied from time to time as dictated by the changing needs of the Company. The post holder will be expected to undertake other duties as appropriate and as requested by his/her manager. Experience required • Relevant experience within a construction or project environment • Developing understanding of commercial processes, procurement and subcontract administration • Experience supporting cost reporting, valuation or measurement activities is desirable Qualifications • HNC, HND or degree in Quantity Surveying or a related discipline • Working towards relevant professional accreditation is desirable
Vacancy posted 16 hours ago
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