Commercial Manager

• £550-£650/day inside IR35
• Urgent Contract Commerical Manager role 
• Duration - 12 months 
• London based - Hybrid 3 days a week onsite 
• Must have railway industry experience 

Purpose

To deliver post-contract commercial management of medium-value/medium-risk activities and support pre-contract work within the project delivery team’s remit, offering specialist commercial advice, guidance, and recommendations to reduce commercial risks.

Key Accountabilities

• Support programme and project teams in monitoring compliance with corporate governance and internal rules, ensuring any breaches are identified and addressed promptly.
• Manage cost reporting for all assigned projects, including cost forecasting, anticipated final cost, cost of work completed, gross billing, and current contract value.
• Oversee and report on all commercial aspects of assigned projects, highlighting issues and proposing mitigation measures at the earliest opportunity to the Project Manager, Programme Manager, and/or Senior Commercial Manager.
• Maintain oversight of all activities on assigned projects to influence decision-making from a commercial perspective. Review contractor performance, lead the valuation of medium-value/medium-risk contracts, and attend progress meetings to actively shape contractor behaviours, delivery, and commercial activity.
• Manage the assessment and valuation of contractor applications and process payment certifications in line with contractual terms and conditions, ensuring costs are justified, audited where required, and consistent with site progress.
• Provide proactive advice to Project Managers on all changes, including proposed scope changes, recommending appropriate actions in line with change control processes. Prepare the necessary documentation for approvals within delegated authority levels, including comparative estimates where required.
• Prepare applications for payment or invoices to external clients in accordance with funding agreements, including supporting documentation as appropriate.
• Identify, assess, and advise on all commercial risks and potential claims.
• Deliver ad hoc management information and analysis to enable informed decision-making.
• Draft and issue commercial correspondence and contractual notices in accordance with contractual conditions, ensuring commercial records are maintained and properly archived at project close-out.
• Undertake final account settlements and internal reconciliations to close out projects within agreed timescales and in line with project authority and plans.
• Contribute to efficiency improvements and continuous development of estimating processes by conducting cost analysis of completed projects and providing structured feedback.
• Support pre- and post-contract procurement activities as required.