Posted 6 minutes ago
Commercial Reporting & Cost Control
Prepare and update cost value reconciliation information for allocated sections of projects
Assist with preparing and submitting interim valuations and applications for payment
Monitor costs against budget for allocated work areas and report identified variances
Assist with project forecasting by compiling accurate and timely cost and value information
Maintain accurate and auditable commercial records
Procurement & Subcontract Management
Support procurement activities, including issuing enquiries, analysing quotations and preparing tender comparisons
Assess subcontractor applications for payment, including measurement and verification under appropriate supervision
Support administration of subcontract accounts, including valuations, variations, payments and final accounts
Assist with preparation of subcontractor and project final accounts
Contract & Change Management
Identify, measure and record change events and variations
Develop understanding of relevant contract terms, notices and commercial obligations
Maintain appropriate records to support variations and contractual entitlement
Identify commercial risks, issues and opportunities and escalate them appropriately
Project & Stakeholder Support
Liaise with project teams to support accurate measurement and reporting of project progress
Build effective working relationships with clients, subcontractors, consultants and suppliers
Support Commercial colleagues with delivery of project priorities
Communicate commercial information clearly and accurately
Development & Compliance
Develop knowledge of construction methods, commercial processes and relevant forms of construction contract
Apply company procedures, governance requirements and commercial standards
Take ownership of personal development and professional progression
Progress towards independent management of defined commercial activities
Decision Authority
Makes day-to-day decisions within clearly defined activities and agreed parameters
Recommends valuations, variations and subcontract account positions for review
Identifies and escalates commercial risks and matters outside delegated authority
Does not make material contractual commitments without appropriate approval
Key Measures of Success
Accuracy and reliability of cost reporting and valuations
Timely administration of subcontractor accounts and payments
Quality and completeness of commercial records
Effective identification and escalation of commercial risks
Progression towards independent commercial delivery
The duties listed are not exhaustive and may be varied from time to time as dictated by the changing needs of the Company. The post holder will be expected to undertake other duties as appropriate and as requested by his/her manager.
Experience required
• Relevant experience within a construction or project environment
• Developing understanding of commercial processes, procurement and subcontract administration
• Experience supporting cost reporting, valuation or measurement activities is desirable
Qualifications
• HNC, HND or degree in Quantity Surveying or a related discipline
• Working towards relevant professional accreditation is desirable
At Spencer Ogden, we are dedicated to promoting diversity, equity and inclusion throughout our recruitment process. We encourage applicants from all backgrounds and are committed to making any necessary adjustments to ensure you can present your best self. If you require additional time for assessments, alternative application methods, or access to interview questions in advance, please let us know. We are open to any requests or suggestions and continually seek innovative ways to assess talent.