Leads the management of:
Post award administration including; ensuring that the contract is set up correctly in the appropriate business system, working with Finance Team to ensure invoices are prepared in a timely and accurate manner and include full contract entitlement, ensuring commercial models and scope of delivery are understood by the contract management team, rate reviews are completed, change is captured in contract variations/amendments and commercial administration files are established and maintained.
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. maximize recoverable costs, ii. minimize 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.
Developing subcontracting commercial strategy in conjunction with Project Management, supply chain, and other functions, as required.
The preparation and analysis of inputs to key contract
Assists and delivers under supervision:
Governance and implementation of Financial Management Framework within assigned project / sub-business group
Preparation and negotiation of Terms and Conditions with clients, suppliers, and potential partners, with support from Commercial Manager.
Support the administration of risk management processes.
Support any pursuit of Wood’s assertive claims and/or defending claims against Wood, including information / data gathering and analysis required to support Woods assertive claims and/or defending claims against Wood
Skills / Qualifications
Degree in Quantity Surveying, Law, or Business Studies, along with appropriate professional qualification (preferred)
Knowledge, skills and experience:
Minimum 5 years experience in a similar role.
Awareness of all relevant corporate and project procedures.
Proven experience in contract administration including change management
Wood is a global leader in consulting and engineering, delivering solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com