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About Network Rail
Join Our Team at Network Rail!
Vacancy: Commercial Manager
Location: London Stratford Place (please note, this role is also being advertised to be based in York)
Salary: 43,588 to 49,037 per annum (plus an Inner London Allowance of 3,270 per annum)
Role Type: Permanent, Full time
Are you ready to make a difference in people's lives? At Network Rail, we connect passengers and freight customers, ensuring safe and efficient transportation across the country. We're an organisation where people truly matter, and when you join us, you matter to us and millions of others.
We're dedicated to building a diverse and inclusive organisation that reflects the passengers we serve. To achieve this, we're committed to becoming an open, diverse, and inclusive workplace, leveraging the skills and expertise of our talented workforce. Together, we strive to create a safe and accessible railway for everyone.
Investing in our people is key to enhancing the safety, reliability, and efficiency of our railway system. If you're passionate about making a meaningful impact, then this opportunity is for you!
At Network Rail you will also have a clear development path with access to training and additional qualifications.
In joining Network Rail, you're not only joining an organisation with a vital role to play for the country, but also a team of more than 40,000 people, and a business dedicated to being one of Britain's best employers.
Network Rail Benefits
In addition to the above, you can enjoy a fantastic range of employee benefits, such as:
1. 28 days annual leave + bank holidays
2. 75% discount on rail leisure travel for you and your family
3. 75% subsidised Season Ticket for work travel (includes Underground)
4. A range of pension options
5. Annual Performance Related Pay package
6. Flexible and agile working arrangements
7. Healthcare package
8. Discounts on shopping
9. Discounted Gym memberships and much more.
Brief Description
In the Commercial Manager role, you will provide post-contract commercial management of medium value/medium risk activity and support pre-contract activity within the project delivery team's scope of work, providing specialist commercial advice, guidance and recommendations to mitigate commercial risks.
Key Accountabilities
1. Support the programme and project teams in monitoring for breaches of compliance with Network Rail Corporate governance and rules in a timely manner.
2. Manage cost reporting of all allocated projects within the Network Rail reporting framework including Cost Forecasting, Anticipated Final Cost, Cost of Work Done, Gross Billing and Current Contract Value.
3. Monitor, manage and report on all commercial aspects of allocated projects, flagging issues and proposing mitigation actions at the earliest opportunity to Project Manager and/or Programme Manager (functional reporting line) and/or Senior Commercial Manager.
4. Monitor awareness of all activities on allocated projects in order to influence decision making from a commercial perspective. Review contractor delivery; including leading valuation of medium value/medium risk contracts and attending all progress meetings to actively influence contractor's commercial behaviours, delivery and activity.
5. Manage assessment and valuation of contractor's applications and processing of payment certification in accordance with Network Rail processes, contractual terms and conditions and commensurate with contractual entitlement. Challenge cost elements, audit where appropriate and check valuations are consistent with agreed site progress.
6. Provide pro-active advice and guidance to Project Managers on all change including proposed scope changes, recommending appropriate action in accordance with Network Rail change control systems and produce all required documentation for approval in accordance with levels of delegated authority, including comparative estimates where required, in a timely manner.
7. Produce applications for payment/invoices to outside clients in accordance with relevant funding agreements, including supporting documentation as appropriate.
8. Identify and advise on all commercial risk/claim events.
9. Provide of ad-hoc management information and analysis to promote informed decision-making.
10. Produce appropriate commercial correspondence and contractual notices for issue in accordance with contractual conditions. Check commercial records are retained and archived properly upon close out.
11. Undertake final account settlements and internal reconciliation to project close-out as per the project authority, project plan and within agreed timescales.
12. Support demonstration of efficiencies and continual improvement of estimating by undertaking cost analysis of completed projects and feedback as per Cost Allocation Feedback process.
13. Support pre and post contract procurement activities as appropriate.
14. Provide support to estimating resources, offering guidance and advice on project scale/scope as required.
15. Support the negotiation of all prices under existing contracts/framework agreements (including the negotiation of target costs) and fully participate in the associated quantitative risk assessment and value management workshops, as required.
Essential
1. Demonstrable experience in commercially managing investment projects
2. Demonstrable relevant experience
3. Good understanding of railway and construction industry forms of contract
4. Good understanding of the construction/railway industry
5. Good negotiation skills
Desirable
1. Educated to degree standard in related subject
2. Membership of a relevant professional institute, chartered status
3. Significant experience of working within a generalist commercial environment
4. Awareness of industry issues
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