Commercial Manager

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Job Description:

Parsons is looking for an amazingly talented Commercial Manager to join our team! In this role you will lead and manage the project's commercial function, including contract administration, cost control, variations, commercial claims and reporting across a major airport infrastructure project.

What You’ll Be Doing

• Lead and manage the project commercial function and commercial team.
• Develop and implement the Project Commercial Management strategy and procedures.
• Manage the commercial performance of the project against approved budgets, forecasts, and contractual requirements.
• Review and interpret contract conditions, scope requirements, commercial obligations, and entitlement provisions.
• Monitor contractual compliance and ensure commercial obligations are identified and managed.
• Establish and maintain effective commercial controls, processes, and reporting systems.
• Lead the preparation, review, and management of project budgets, forecasts, and commercial reports.
• Monitor project cost performance and identify potential cost overruns, savings, and commercial risks.
• Manage the commercial aspects of variations, change orders, claims, and additional works.
• Review and assess entitlement, scope changes, valuation principles, and associated cost impacts.
• Lead negotiations with Client, Consultant, Contractors, Subcontractors, and Suppliers on commercial matters.
• Review and evaluate Contractor and Subcontractor claims and commercial submissions.
• Coordinate with Planning and Project Controls teams to assess time and cost impacts associated with changes and claims.
• Ensure appropriate contractual notices are issued within required contractual timeframes.
• Monitor commercial correspondence, notices, claims, variations, and contractual commitments.
• Establish and maintain Variation and Claims Registers.
• Review and approve commercial evaluations, cost build\-ups, and supporting documentation.
• Lead commercial negotiations for major variations, claims, and subcontractor issues.
• Support the preparation of Extension of Time (EOT) claims and associated commercial assessments.
• Review project risks and opportunities from a commercial perspective and develop mitigation strategies.
• Monitor cash flow, payment applications, invoicing, retention, bonds, guarantees, and other financial obligations.
• Review and manage interim payment applications and payment certifications.
• Monitor accounts receivable and support timely resolution of payment issues.
• Ensure accurate forecasting of project revenue, costs, margin, and cash flow.
• Coordinate with Finance and Project Controls teams to maintain accurate commercial forecasts.
• Review procurement and subcontracting strategies from a commercial perspective.
• Support tendering, subcontractor procurement, bid evaluations, and commercial negotiations.
• Review subcontract agreements, purchase orders, and commercial terms.
• Monitor subcontractor commercial performance and compliance.
• Identify potential disputes and support dispute avoidance and resolution strategies.
• Maintain comprehensive commercial records and documentation.
• Provide commercial advice and recommendations to Project Management and senior leadership.
• Prepare and present commercial performance reports, dashboards, and management summaries.
• Ensure commercial processes comply with company policies, project procedures, contractual requirements, and applicable laws.
• Lead the administration and commercial management of the main contract and key subcontr