Senior Commercial Project Lead

Posted 10 April by Hawk 3 Talent Solutions
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Job Title: Senior Commercial Project Lead                                 

Location: Burnley                

Type: Permanent

Hours: 37.5 hours (Monday – Friday)

The role:

Our client who has been established for over 90 years in the welding and coatings industry are currently on the look out 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 projects background where you have had previous experience of managing costs of projects, forecasting and reviewing revenue and margins.

As the 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 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.

This is an exciting time to be part of an established brand. If you are commercially minded and have experience of managing costs and revenue within projects, then apply today!

Main duties and responsibilities:

  • 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 % rate

  • Populate 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

 variances

  • Understand Contract requirements (per project) on contractual milestone payments, revenue recognition, ensuring compliance and with the aim to ensure maximum potential is realised
  • Build positive relationship with customers to improve opportunities of repeat business and additional scopes
  • 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.

Skills and experience sought:

  • Strong Excel skills – managing formulas and Pivot tables
  • Previous experience of using SAP (desired)
  • Strong Leadership skills
  • Previous experience in a Project Based Business
  • Commercially minded
  • Forecasting experience (desirable)
  • Strong influencing & negotiation skills
  • Excellent Communicator and Customer Service Skills

Benefits:

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

Closing date:  6/4/2024

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Hawk 3 Talent Solutions are committed to the selection, recruitment and development of the best people, basing judgements solely on suitability for the job. Whilst we endeavour to respond to all applications individually, due to high volumes, this is not always possible. Thank you for your interest in this role and we look forward to working with you in the future.

Reference: 52273417

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