Manage all commercial and contractual financial aspects of projects, including cost monitoring, P&L reporting, cashflow forecasting, CVRs, subcontract management, valuations, change control, risk/opportunity tracking, and supporting tender pricing and client payment applications.
As a Commercial Analyst, you will support the Commercial Manager; helping to drive efficiencies; managing costs and regional performance for our clients. This role will see you take control of all financial aspects of the project; overseeing all commercial & contractual matters.
You will lead the accounting process, ensuring all project expenditures align with the Schedule of Cost Components. You will be accountable for maximizing performance by managing the Target Price and identifying efficiencies to improve the Pain/Gain share.
You will deliver the desired margin return utilising high standards of commercial acumen. Whilst identifying, recording and tracking, both risks and opportunities.
Key Responsibilities
We are looking for someone to:
- Manage and monitor project costs including weekly P&L reporting
- Review contract documents and advise on any issues
- Track the progress and cash flow forecast information
- Produce and review commercial forecasts, Cost Value Reconciliation (CVRs) and Project Finance Reports
- Proactively identify and mitigate risks of Disallowed Cost (e.g., ensuring timely Early Warnings, maintaining robust records, and following agreed procurement procedures).
- Take responsibility for Subcontract Management; including Subcontract Forecasting, raising Subcontractor Orders and Negotiating Subcontract terms
- Prepare subcontract documents, enquiries and assessment of quotations
- Place subcontract orders, agreement and certification of subcontract valuations, invoice, subcontract payments and final account agreements
- Be responsible for the management of the change control process, risk and value management
- Manage and track project changes, variations and/or notices
- Assess and value variations and compensation events
- Prepare and submit interim valuations and payment applications to clients, along with the agreement of final accounts
- Attend risk review, progress and commercial meetings on-site with the Client
- Be actively involved with tenders and pricing
- Assist Credit Control with cash recovery and forecasting
- Support the operational team in daily commercial and contractual aspects
Experience and Qualifications
- Degree qualification (RICS accredited or equivalent) is desirable but not essential
- Ideally you will have experience working in the Utilities industry
- Proven ability to manage Compensation Events and Early Warnings within a fast-paced utilities or infrastructure environment.
- Direct experience with NEC3 or NEC4 Option C is desirable but not essential
- Ability to prioritise workload, multi-task and work under tight time pressures
- Excellent communication skills
- High attention to detail
- Logical mind
Salary and Benefits
We offer a competitive salary based on experience along with a full benefits package.
Network Plus is proud to be an Equal Opportunity Employer. We celebrate diversity and do not discriminate based on race, religion, colour, nationality, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.
We are Armed Forces-friendly. We welcome applications from ex-Armed Forces personnel, reservists, armed forces veterans, cadet instructors and military spouses/partners.
We understand that privacy and the security of your personal information is extremely important. By applying for this role, you agree to the terms of our privacy policy.
About
Network Plus is an award-winning business delivering essential utility and infrastructure services for the UK’s major providers of gas, power, telecoms, transport, water, and wastewater.We value the variety of experience, perspective, and other points of difference our workforce, clients, and supply chain offer.We are actively working with colleagues across the Network Plus Group to develop an inclusive environment – we want all our employees to feel valued and included to enable everyone to thrive at work and understand the value of their contribution matters no matter their background, identity, or circumstances.
Similar Jobs
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Lead commercial finance analysis to drive NSV growth, improve gross margin and CM%, optimise trade spend and promo ROI. Support budgeting, forecasting, customer/channel P&Ls, pricing, promo evaluation, NPD business cases, scenario modelling, and provide dashboards and insights to sales, marketing and operations.
Top Skills:
ErpExcelPower BITableau
Industrial • Manufacturing
Support Head of Commercial Costing and Projects by building and maintaining cost models, preparing RFQ costings, performing profitability analysis, tracking cost recovery, and enabling sales negotiations through financial insight. Collaborate with supply chain, finance, sales, and operations to improve costing processes and data quality.
Hardware • Internet of Things • Logistics • Software
Provide commercial financial analysis and business partnering to Product, focusing on product profitability, mix, P&L forecasting and large dataset analysis. Develop models, deliver actionable recommendations, lead insight meetings with Product leaders, support BI requests, and drive improvements in reporting, forecasting and commercial decision-making.
Top Skills:
Business IntelligenceExcelSQL
What you need to know about the Bristol Tech Scene
Along with Gloucester, Swindon and Bath, Bristol is part of the "Silicon Gorge" tech hub, a region in the U.K. renowned for its high-tech and research-driven industries, with a particular emphasis on sustainability and reducing environmental impact. As the European Green Capital, Bristol is home to 25,000 cleantech companies, including Baker Hughes and unicorn Ovo Energy. The city has committed to achieving net-zero emissions within the next decade.
