At a Glance
- Tasks: Support PFI Business by managing lifecycle funds and ensuring compliance with contracts.
- Company: Join a dynamic team focused on maximizing turnover and profit in the PFI sector.
- Benefits: Enjoy opportunities for strategic involvement and collaboration with various teams.
- Why this job: Be part of a crucial role that impacts project success and operational efficiency.
- Qualifications: Experience in lifecycle management or contract delivery is preferred.
- Other info: Opportunity to work closely with regional directors and subcontractors.
The predicted salary is between 43200 - 72000 £ per year.
Role profile To provide Lifecycle Support to the whole of the PFI Business, supporting all Contract Delivery Managers in delivering their contractual obligations and maximising turnover and profit. Providing strategic and tactical lifecycle support and direction to the regional Account Directors and the Divisional Director. To manage the lifecycle funds across all of the PFI estate, including collating annual plans and coordinating reactive lifecycle applications. Ensuring that each contract is compliant with the requirements of the Project Agreement and working closely with the SPV’s to identify potential lifecycle surplus drawdowns. Duties & responsibilities * Ensuring that each LC fund is monitored and spend is allocated to correct element to enable IFM to carry out LC works without exceeding the budget allocated to each site. * Schedule/Agree LC works in cooperation with site operations staff and IFM Contract Delivery Managers, ensuring, if possible, minimum disruption to the day to day operations of the site and maximizing budget opportunities for IFM. * Manage sub contractors so that the LC funds are optimized and best value for money is achieved. Negotiate work packages with subcontractors so that IFM maximize their spending power. * Manage the process for carrying out condition surveys/monitor work in progress/ensuring quality of workmanship, representing IFM during LC works. * Manage the process for compiling Application Certif…
Lifecycle Manager employer: Integral UK Ltd
Contact Detail:
Integral UK Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lifecycle Manager
✨Tip Number 1
Familiarize yourself with the PFI (Private Finance Initiative) framework and its lifecycle management processes. Understanding the nuances of lifecycle funds and how they impact contract delivery will give you a significant edge in discussions during the interview.
✨Tip Number 2
Network with professionals in the PFI sector, especially those involved in lifecycle management. Engaging with industry peers can provide insights into best practices and current challenges, which you can reference in your conversations with us.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed budgets and optimized spending in previous roles. Highlighting your experience in negotiating with subcontractors and ensuring compliance will demonstrate your capability to handle the responsibilities of the Lifecycle Manager position.
✨Tip Number 4
Stay updated on the latest trends and regulations affecting the PFI sector. Showing that you are proactive about industry changes will reflect your commitment to the role and your ability to adapt strategies accordingly.
We think you need these skills to ace Lifecycle Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Lifecycle Manager position. Understand the key responsibilities and how your experience aligns with the requirements, especially in lifecycle support and contract management.
Tailor Your CV: Customize your CV to highlight relevant experience in lifecycle management, budget allocation, and subcontractor negotiation. Use specific examples that demonstrate your ability to manage lifecycle funds and ensure compliance with project agreements.
Craft a Compelling Cover Letter: Write a cover letter that addresses the specific duties mentioned in the job description. Explain how your strategic and tactical support experience can benefit the PFI Business and emphasize your ability to work collaboratively with various stakeholders.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for the Lifecycle Manager role.
How to prepare for a job interview at Integral UK Ltd
✨Understand the Lifecycle Management Process
Make sure you have a solid grasp of lifecycle management principles and how they apply to the PFI business. Be prepared to discuss your experience with lifecycle funds and how you've successfully managed budgets in previous roles.
✨Showcase Your Negotiation Skills
Since managing subcontractors and negotiating work packages is crucial for this role, come ready with examples of past negotiations. Highlight how you achieved value for money and optimized spending in your previous positions.
✨Emphasize Collaboration and Communication
This role requires working closely with various stakeholders, including site operations staff and contract delivery managers. Be prepared to share examples of how you've effectively collaborated with different teams to achieve common goals.
✨Prepare for Compliance Questions
Understanding compliance with project agreements is key. Brush up on relevant regulations and be ready to discuss how you've ensured compliance in your past roles, particularly in relation to lifecycle funds and contractual obligations.