Commercial Analyst

Key Responsibilities

• Manage and monitor project costs including weekly P&L reporting
• Review contract documents and advise on any issues
• Track the progress and cash flow forecast information
• Produce and review commercial forecasts, Cost Value Reconciliation (CVRs) and Project Finance Reports
• Proactively identify and mitigate risks of Disallowed Cost (e.g., ensuring timely Early Warnings, maintaining robust records, and following agreed procurement procedures).
• Take responsibility for Subcontract Management; including Subcontract Forecasting, raising Subcontractor Orders and Negotiating Subcontract terms
• Prepare subcontract documents, enquiries and assessment of quotations
• Place subcontract orders, agreement and certification of subcontract valuations, invoice, subcontract payments and final account agreements
• Be responsible for the management of the change control process, risk and value management
• Manage and track project changes, variations and/or notices
• Assess and value variations and compensation events
• Prepare and submit interim valuations and payment applications to clients, along with the agreement of final accounts
• Attend risk review, progress and commercial meetings on-site with the Client
• Be actively involved with tenders and pricing
• Assist Credit Control with cash recovery and forecasting
• Support the operational team in daily commercial and contractual aspects

Experience and Qualifications

• Degree qualification (RICS accredited or equivalent) is desirable but not essential
• Ideally you will have experience working in the Utilities industry  
• Proven ability to manage Compensation Events and Early Warnings within a fast-paced utilities or infrastructure environment.
• Direct experience with NEC3 or NEC4 Option C is desirable but not essential
• Ability to prioritise workload, multi-task and work under tight time pressures
• Excellent communication skills 
• High attention to detail 
• Logical mind 

Salary and Benefits