Commercial Director

Kennedy Fox Associates are proud to be working with a global leader in delivering comprehensive solutions across the entire lifecycle of nuclear facilities. They have over 60 years of experience and support their clients in new builds, modernization, maintenance, decommissioning, and nuclear waste management. They are a trusted partner in the nuclear industry worldwide due to their commitment to quality, safety, and innovation.

They are looking for a Commercial Director to come in at the concept stage of the proposed Sizewell C Nuclear Power Station. The Director will be responsible for delivering all commercial and contractual aspects of the contract, including matters across the portfolio of contracts which encompass the master agreement, reporting, project controls (including planning), payments, and finance. You will need to be based in Suffolk Monday-Friday and travel will also be required for this position, 2-3 days a month to other locations in Hull, Warrington, Germany, and France.

• Develop the commercial strategy and ensure the organisation is aligned with internal legal entities (BUK, BET, BPE, and BPT), whilst demonstrating clear goals, deliverables, targets, and objectives.
• Provide NEC acumen and give support/guidance to the company entities and the project team to enable effective use and understanding of key terms.
• Lead senior client-facing meetings to ensure that the company is not exposed.
• Review, analyse, and challenge monthly project performance reports, including validation of receivables, Work In Progress (WIP), and working capital performance, ensuring consistency and standardisation of reporting and best practice across the contract.
• Provide detailed analysis of underperformance across the portfolio of contracts and deliver intervention plans to mitigate risks and return performance to the required levels, including actions to resolve disallowed costs.
• Provide the Operations Director with a commercial operating culture through standardised commercial reporting mechanisms, controls, and performance data so that the HPC portfolio of contracts are delivered compliantly.
• Responsible for and ownership of any disputes across the portfolio of contracts ensuring timely resolution.
• Ensure the timely clearance of all Early Warning Notices and Compensation Events coupled with reviews in Risk Registers.
• Define the commercial organisational requirements (at PMO and within legal entities), responsibilities, recruit, coach, train, and develop the commercial team, whilst ensuring that communications between all the company entities are clear/understood.
• Organise, manage, and actively participate in performance reviews, work with the team/s and/or regions to ensure that withheld amounts are mitigated and/or minimised on a monthly basis.
• Review and validate rates, margin models, cash-flow forecasts, and all commercial aspects of tender submissions, ensuring commercial terms including payment terms, Parent Company Guarantees (PCGs), and bond requirements, etc., are within acceptable limits and associated margin models take cognisance of these.

• Bachelor's degree in a relevant field such as engineering, law, business, or finance is essential.
• Advanced degrees like an MBA or MSc in Project Management are advantageous.
• Professional Accreditation: Membership in recognised bodies (e.g., RICS, APM, PMI) is expected.
• Nuclear Industry Credentials: SQEP is a requirement for roles impacting nuclear safety.
• You will require previous Commercial Leadership experience and a deep understanding of the nuclear industry's regulatory landscape, capable of steering complex projects from conception through to execution.
• Engagement with the Office for Nuclear Regulation (ONR).
• Familiarity with UK-specific nuclear safety and quality standards, as well as procurement regulations, is essential.

This is a unique opportunity and a highly desired project to be part of, so please apply now!