Job Title: Senior Commercial Project Lead Location: Burnley
Type: Permanent
5 hours (Monday – Friday)
Our client who has been established for over 90 years in the welding and coatings industry are currently on the lookout for their next Commercial Project Leader. The role will play a pivotal role within an established company where you will be able to demonstrate your commercial knowledge and financial experience. You will come from a commercial projects background where you have had previous experience of managing costs of projects, forecasting, reviewing revenue and margins and managing commercial revenue reports.
As the Senior Commercial Project Leader, you will be responsible for managing multiple projects at one time, assisting with budgets and costs of the projects and have the ability to build natural and strong relationships. The role of Senior Commercial Project Lead is to manage and review the financials relating to the projects, with this you will be expected to report findings to Senior management and assess the projects to ensure they are performing commercially and in line with company values.
You will be managing multiple projects at one time. Some could be for 15 days valuing up to £200,000 or projects that are expected to run for 5 years and valued up to £20 million. For this you must be confident in managing high values projects and have experience of confidently managing projects and forecasts.
This is an exciting time to be part of an established brand. If you are an experienced Commercial Project Lead and looking to find an opportunity to showcase your accurate and commercially minded mindset then this is the opportunity for you!
Project and commercially manage multiple projects from receipt of award until final
account stage and in conjunction with Project Delivery Manager, assuming responsibility for delivery of the expected GM % ratePopulate and update Commercial documents including profitability overview, revenue/cost/margin forecasts (monthly)
With the assistance of Project Cost Account, review and track cashflows and budget trackers for cost spend (monthly)
Populate monthly business review file (MBR), explain forecasting updates with Senior management and tracking each month actuals to commitment and update on the
variancesUnderstand Contract requirements (per project) on contractual milestone payments, revenue recognition, ensuring compliance and with the aim to ensure maximum potential is realised
Raise, submit and agree variance orders in accordance with the contract
Review payment applications prepared by Commercial Administrator in readiness for submission to the client
In conjunction with Commercial Administrator understand AR position on projects Commercially responsible for support the maintenance of accounts receivable resolving any disputes in a timely manner, handling negotiation to resolve payment in line with terms
Undertake detailed formal project reviews monthly to understand and explain profitability compared to bid and forecast, to seek out opportunities/risks but also provide feedback to project delivery and proposals teams to take decisive action to mitigate any overspend/provide accurate pricing
Support with ad hoc analysis of projects as and when required
Support in the provision of financial evidence for internal or external audits as and when required.
Strong Excel skills – managing formulas and Pivot tables
Experienced in using SAP
Previous experience in a Project Based Business
Project Forecasting experience (ESSENTIAL)
Holidays 25 days plus 8 Bank Holidays, rising with long service
Pension – 3% ee – 6% er and 4% ee – 7% er
Onsite Parking
Enhanced Family Friendly Policy
Life Assurance x 4 of salary
EAP
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