Senior Commercial Advisor

Senior Commercial Advisor

Wood Group

Ellesmere Port, United Kingdom

Responsibilities

• Ensure compliance with contractual requirements at all times and that all Wood obligations are understood and fulfilled by the Project teams
• The management and administration of Bonds/LoCs, Collateral warranties and PCGs
• Timely provision of commercial/contract deliverables (e.g. bonds, PCGs, evidence of insurance)
• Contracting Policy approval requests in conjunction with the Contracts function highlighting areas of risk and mitigation strategies (in conjunction with contracts and other functions, as required) and responding to queries raised by approvers
• The development, implementation, and maintenance of project commercial plans including commercial strategy, subcontracting commercial strategy, and profit improvement plans
• Regular cost analysis to: i. maximise recoverable costs, ii. minimise disallowable costs, iii. identify areas for cost saving and iv. ensure adequate cost accruals and provisions are in place
• Development and maintenance of project-specific/sub-business group DOAs (if required) and ensuring that all commercial-related DOA matters are correctly approved and documented
• The preparation of project cashflow forecasts, expenditure, invoice preparation, and expediting of payments, in accordance with client contract requirements and Wood processes and procedures
• Ensure that, where applicable, all remeasures of Work Done To Date are completed in a timely manner and any additional entitlement is applied for through relevant channels
• Working with the project planner/scheduler to ensure that the programme is cost loaded in line with the estimate for accuracy and ease of reporting. Ensure meaningful project data is determined and analysed in order to enable the management teams can make accurate business decisions, including reporting of Actual Cost vs WDTD vs FC, change management, KPIs such as SPI/CPI/PFs, EVM and ELFs. Ensure that any EWNs, VONs are captured and reflected within the programme to protect Wood’s position from any potential delay penalties
• Developing subcontracting commercial strategy in conjunction with Project Management, supply chain, and other functions, as required
• Provide due diligence on Subcontractor Application for Payments, issuing timely payment certs for approved works, and ensuring that any VON’s are verified and ensure subsequent pass through of the VON’s to Wood’s ultimate customer
• The preparation and analysis of inputs to key contract and internal project reporting requirements and participation in both customer and internal project reviews
• Developing robust project forecasts (ELFs), in conjunction with the project team
• Preparation of detailed budgets in conjunction with the Finance function for each calendar year, or as dictated by the business
• Preparation of monthly CVRs including review of accrued & deferred income, accrued and deferred costs
• Ensure that the overall contract DSO is managed and in line with contractual entitlement, ensuring that WIP balances are kept to a minimum level and that contract debt is paid in line with agreed payment terms

Qualifications

Qualifications:

• Degree in Quantity Surveying, Law, or Business Studies, along with appropriate professional qualification (preferred)

Knowledge, skills and experience:

• Strong experience in a similar role within the Petrochemical, Process & Energy sectors
• Experience in multidiscipline framework contracts consisting of MEISIP scopes or work
• Experience in various contract forms ie NEC3/4, JCT, client bespoke forms
• Awareness of all relevant corporate and project procedures
• Proven experience in contract administration including change management

Personal attributes:

• Utmost integrity
• Demonstrates commitment to Wood and client core values
• Demonstrate commitment to Wood commercial processes and procedures
• Excellent communication skills, written, oral, and presentation
• Ability to work as part of a team and manage others
• Ability to prioritise key tasks and solve problems for the team
• Advanced user of Microsoft Word, Excel and PowerPoint