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About the role
Do you want to be at the forefront of one of the world's most ambitious sustainability initiatives?
Balfour Beatty have created iconic buildings and infrastructure all over the world over the past 115 years redefining excellence and setting the industry benchmark with every project.
As a result, alongside several consortium partners; Balfour Beatty have been selected by BP (British Petroleum) to construct a first-of-a-kind fully integrated gas-fired power station with carbon capture and storage which is a key driving force behind plans to make Teesside the UK's first decarbonised industrial cluster.
Balfour Beatty is seeking a dynamic and experienced Commercial Manager to contribute to the Net Zero Teesside project based at our new site in Redcar and Cleveland.
What you'll be doing
Commercial Management
* Develop and implement commercial strategies, managing all financial aspects of the project lifecycle from tendering through to delivery.
* Ensure the accurate preparation of estimates, tender submissions, and cost breakdowns. Interpret technical specifications and preambles to ensure a clear understanding of project requirements.
* Represent the financial and contractual interests of the project team in client meetings, taking proactive steps to meet customer requirements and expectations.
* Oversee risk management, identifying potential issues early and implementing mitigation strategies to safeguard project finances.
* Ensure commercial relationships with suppliers, contractors, clients, and stakeholders are managed effectively and in line with project goals.
* Provide guidance on commercial decision-making, ensuring alignment with the broader project strategy and objectives.
Contract and Procurement Management
* Advise on alternative contract structures and procurement arrangements, ensuring the optimal resources are secured for each project.
* Lead the procurement strategy, ensuring that resources, services, and materials are procured efficiently, on time, and within budget.
* Establish and manage relationships with key suppliers and subcontractors, negotiating terms and managing performance to ensure successful delivery of project milestones.
Financial Reporting and Analysis
* Manage the preparation and review of project cost and value reconciliations (CVRs), providing accurate and timely commercial reporting to senior leadership.
* Lead the preparation and review of Earned Value Management (EVM) reports, assessing the project's performance against budgets, timelines, and forecasts.
* Report on the financial status of projects and manage any discrepancies or deviations from the budget.
* Oversee monthly financial reporting, ensuring the financial health of the project is transparent and well-communicated to key stakeholders.
Project Delivery
* Monitor the performance of the commercial team, ensuring they are effectively managing their responsibilities and that the project remains on track to meet commercial objectives.
* Collaborate with other departments (e.g., Planning, Estimating, Marketing, Sales) to share commercial insights and integrate them into project planning and delivery.
* Contribute to project reviews, delivering feedback, and ensuring any financial or contractual issues are addressed proactively.
Stakeholder Engagement
* Act as the primary point of contact for clients, stakeholders, and industry bodies on all commercial matters related to the project.
* Manage client expectations through regular communication, ensuring project progress is aligned with contractual and financial agreements.
Who we're looking for
Essential Criteria:-
* Degree qualified.
* Experience in leading and mentoring a team of commercial staff.
* Significant commercial management experience in the construction sector.
* Track record of managing project budgets and successfully delivering commercial performance in line with agreed financial outcomes.
* Excellent negotiation skills, with a strong ability to manage contracts, resolve disputes, and liaise with legal experts when necessary.
* Financial and commercial acumen, with expertise in managing risk, cost forecasting, procurement, and supply chain management.
* Strong interpersonal and communication skills, with the ability to influence stakeholders and work effectively with internal and external teams.
* Must live within a commutable distance to the NZT site in Redcar.
Desirable Criteria:
* Chartered status (MRICS or similar) or actively working towards.
* Previous involvement in a high-profile project.
* Proficient in using commercial management software tools and digital technologies.
* Experience with LEAN principles with a focus on process improvement.
Why work for us
As if contributing to and supporting work that makes life better for millions wasn't rewarding enough, we offer a full range of benefits too. You'll have the freedom to shape the package that's right for you and your life. Here are some of our key benefits:
* Company Pension scheme with an employer contribution up to 7% plus inclusive life assurance.
* 25 days annual leave per annum with the option to purchase additional days.
* Family friendly policies which include 28 weeks full pay for maternity/adoption leave and 4 weeks full pay for paternity/partners leave.
* Salary sacrifice schemes such as share incentives, private medical & dental insurances, cycle to work, electric car leasing plus several other lifestyle benefits to suit you.
* x2 days paid volunteering leave.
* Refer & earn scheme offering monetary rewards for successful employee referrals.
* Free onsite car parking.
About us
Balfour Beatty's Major Projects business is delivering some of the UK's most complex and iconic infrastructure projects including HS2, the new high-speed railway and the first nuclear power station in a generation, Hinkley Point C. Using the latest technology, we're driving productivity and creating a lasting legacy by delivering sustainable solutions that strengthen communities.
From consultancy and design, to all aspects of construction and maintenance. We have the proven expertise to deliver large-scale projects safely and successfully.
Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone is able to thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit www.balfourbeatty.com/diversityandinclusion
We are a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.
As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role. For more info, visit: https://disabilityconfident.campaign.gov.uk/
We are looking to continually improve our resourcing process and ensure that it is fair and inclusive for all. If you have any feedback on the process, please share this with us at: candidaterecruitmentqueries@balfourbeatty.com
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