What you'll be doing
• Provide commercial input to Design, Buildability and Value Engineering reviews.
• Manage the feedback of essential commercial data to Operations, Planning and Estimating teams.
• Administration of construction contracts (NEC, JCT, FIDIC, bespoke forms).
• Preparation and management of Project Budgets, Cost Plans, Estimates and/or Tender submissions to review Pricing/Cost data including the interpretation of Specifications and Preambles.
• Manages commercial aspects with Suppliers, Customers and stakeholders to ensure task/project remains on plan.
• Commercial Management (and Procurement) of Subcontractors and Suppliers, including Co-ordination with Supply Chain, Procurement, Purchasing, Buying, Finance, Accounts, Production Control/Planning, Estimating and Surveying functions.
• Measurement, evaluation and assessment of works carried out on site.
• Assessment and agreement of variations and compensation events.
• Preparation of interim valuations, applications for payment, and final accounts.
• Management and Preparation of Target Costs, Cost Forecasting, Cash Flow, Earned Value, and Financial Reporting.
• Identification and mitigation of management of disallowed cost, commercial, contractual, and financial risks and opportunities.
• Co-ordinate within the overall Commercial Team to ensure Critical Programming issues are identified and actioned in a timely manner.
• Management of claims, disputes, and contractual entitlements.
• Representation of the financial and contractual interests to the client in progress meetings or the like Support to project delivery teams on commercial strategy and performance.
• Ensuring compliance with company governance, contractual requirements, and industry best practice.
• Preparation of the monthly Subcontract Liabilities, Cost and Value Reconciliation (CVR), Forecasting, and associated periodic Commercial Reports
Who we're looking for
An experienced commercial professional with a strong understanding of construction contracts, project controls, cost management, and risk mitigation. Demonstrates excellent negotiation, analytical, and stakeholder management skills, with the ability to manage multiple projects simultaneously while maintaining commercial profitability and contractual compliance.
Typically possesses:
• Degree in Quantity Surveying, Commercial Management, or equivalent related discipline.
• Membership or working towards membership of RICS, CIOB, ICES, or equivalent professional body.
• Construction Skills Certification Scheme (CSCS) Card as a Professional Qualified Person, card holder.
• Extensive experience in ME&IP construction, engineering, industrial, energy, infrastructure, or major projects environments.
• Strong knowledge of NEC, JCT, FIDIC, and subcontract forms of contract.
• Proficiency in cost reporting, estimating, procurement, and commercial systems.
• Excellent communication, leadership, and problem-solving abilities.
Core Competencies
• Commercial, Contract and Change Management
• Cost Control, Forecasting and Earned Value
• Procurement and Supply Chain Management
• Risk and Opportunity Management
• Delays Analysis, Claim Submission and Dispute Resolution
• Earned Value, Cashflow and Financial Reporting
• Negotiation and Stakeholder Management
• Leadership and Team Development
• Performance Measurement and Project Controls
• Final Account Management
Why work for us
Our people are our biggest asset and we focus on recruiting, training and developing the people who can apply innovation to deliver the infrastructure of the future. We nurture these talents, offer a great benefits package in addition to a competitive base salary and continually invest in developing the skills of our people at every level.
About us
Balfour Beatty’s Major Projects business is delivering some of the UK’s most complex and iconic infrastructure projects. 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
To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and the Association for Black and Minority Ethnic Engineers (AFBE). In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also 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/