Commercial Finance Manager

Job Details
  • 4017
  • ITS Technology Group
  • Chester
  • Permanent, Full Time
  • In the region of £50,000 to £70,000

Commercial Finance Manager

ITS designs, builds and operates gigabit capable full fibre and hybrid digital networks. Having recently secured investment from Aviva Infrastructure, ITS is in a significant growth phase.

ITS recognises that its employees are a key asset of the business and everyone is actively encouraged to share ideas, challenge and contribute to the growth of ITS. Our people are highly driven, and our ongoing success is directly attributable to our culture of open communication and practice of collaborative working.

This is a exciting opportunity to join ITS’ forward-thinking team in a key role where you can really make a difference. 

What will this role of Commercial Finance Manager entail?

Reporting to the CFO, you will be responsible for the review of existing contracts and assisting in the drafting of new contracts and commercial agreements to ensure the business is suitably protected from a legal standpoint and is able to extract full value from a commercial standpoint. As the Commercial Finance Manager you will also be responsible for the tracking of internal projects to highlight any variances and to ensure the required returns are delivered. Your role will be pivotal in partnering with key stakeholders within the business, the business’ wider team of professional advisors and key customers and suppliers.

Your key responsibilities spanning commercial activities and project management / investment portfolio, will require you to (although not limited to):

  • Derive, develop, and negotiate contracts
  • Liaise with the customer, their representatives and other 3rd parties on commercial issues
  • Provide detailed advice on contract conditions, undertake tender scrutiny, identify issues that require legal advice, and manage the resolution of contractual issues
  • Manage the cost and value, and risk and opportunity of projects
  • Supervise the preparation of cost plans for complex projects, using a range of cost planning techniques and software
  • Interrogate and manage the suite of project cost reports from raw data and provide analysis to inform key decisions
  • Prepare long term cash forecasts for projects, monitor results, and undertake variation analysis
  • Implement systems to control and monitor direct works cost and financial performance
  • Propose actions in response to changes in client and stakeholder needs and expectations
  • Report risks associated with design liability and draft step-down clauses into Sub-Contractor/ Designer Agreements

Based in North West England or North Wales, you will be required to travel to ITS’ head office in Chester.

As the Commercial Finance Manager what will I receive in return?

You’ll be employed on a permanent contract with full time hours, and the package on offer will be in the region of £50,000 to £70,000 level dependent on experience, which includes a car/allowance and discretionary bonus. 

What will I need to be considered for this Commercial Finance Manager vacancy?

The successful candidate will have strong commercial and contract management experience gained working in an SME environment, with proven experience and the ability to:

  • construct compelling arguments in pursuance of contracts and related entitlements
  • manage and lead a negotiation, and secure acceptable commercial results
  • manage a dispute through any form of dispute resolution process with practical knowledge and understanding of all legal techniques attached thereto
  • lead, guide, devise and negotiate complex contracts / business evaluations
  • devise, manage and monitor complex project cost reporting systems, with associated capacity to interrogate data and identify trends
  • facilitate risk management reviews, identify and classify project and business risks, reconcile the interaction of various risks, and propose and implement viable solutions
  • produce contractual correspondence and reports quickly, concisely, and effectively to requirements, and to supervise the production and presentation of these

All applications for this Commercial Finance Manager are to be submitted online via this website.

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