At a Glance
- Tasks: Manage subcontractor agreements and financial data for major UK projects.
- Company: Join Millbank Holdings, a leading engineering and maintenance provider with a focus on sustainability.
- Benefits: Enjoy a dynamic work environment with opportunities for innovation and professional growth.
- Why this job: Be part of a team driving sustainable solutions in the chemical industry while enhancing your skills.
- Qualifications: Experience with NEC 4 Option B Contracts and major construction projects is essential.
- Other info: Millbank values diversity and is committed to equal opportunities for all applicants.
The predicted salary is between 43200 - 72000 £ per year.
Do you have experience as a Sub Contract Quantity Surveyor within the chemical or other highly regulated industry? Are you knowledgeable in NEC 4 Option B Contracts and NAECI Agreements? Would you be interested in joining an ambitious team of chemical specialists to drive sustainable solutions to major UK projects? If this sounds of interest then proceed on!
Your duties and responsibilities will be:
- Provision of key financial data for internal month end P&L submissions
- Remeasurement / checking of BOQ updates
- Forecasting actual versus budget
- Risk Analysis i.e. best case, worst case & most likely for cost & value
- Cost provisions/accruals including third party materials, subcontractors, plant, etc
- Weekly cost ledger analysis using the BUK financial systems i.e. SAP, Power BI
- Competent knowledge of each subcontract agreement
- Management of Early Warning notifications from each subcontractor
- Value Determination i.e. Cost to Date & Forecasts to Complete
- Change Management i.e. response to, assessment & client notification of compensation events
- Compilation of data for inclusion in main payment application
- Facilitation of subcontractor progress / update meetings
- Agreement of subcontractor valuations & payment certificates
- Cash flow forecasts
- Commercial auditing of each subcontract including payment applications, rates & claims
- Showing innovation to improve company contribution margin
You will have the following qualifications and experience:
- NEC 4 Option B Contracts
- Knowledge of NAECI Agreement
- Experience on major Construction Projects
- Standard Method of Measurement
- Strong bias to Contractor working
If you're seeking a new opportunity to join a well-established engineering and maintenance provider, driven by a dynamic team of chemical specialists and think you have the skills and experience our client desires then apply now or contact Emma Chambers via LinkedIn.
Millbank Holdings Ltd is an equal opportunities employer and respects diversity. We welcome applications from all suitably qualified persons who are eligible to live and work in the UK. Millbank is proud to be a member of the ‘Disability Confident Scheme’. Millbank operates as an Employment Agency and Business.
Subcontract Manager employer: Millbank
Contact Detail:
Millbank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Subcontract Manager
✨Tip Number 1
Familiarise yourself with NEC 4 Option B Contracts and NAECI Agreements. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role and the industry.
✨Tip Number 2
Network with professionals in the chemical and construction sectors. Engaging with industry experts can provide insights into the latest trends and challenges, making you a more attractive candidate.
✨Tip Number 3
Prepare to discuss your experience with financial data management and cost analysis. Be ready to share specific examples of how you've successfully managed budgets and forecasts in previous roles.
✨Tip Number 4
Showcase your problem-solving skills by thinking of innovative solutions to common issues in subcontract management. This will highlight your ability to contribute positively to the team and the projects you'll be involved in.
We think you need these skills to ace Subcontract Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as a Sub Contract Quantity Surveyor, particularly in the chemical or highly regulated industries. Emphasise your knowledge of NEC 4 Option B Contracts and NAECI Agreements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your relevant skills and experiences. Mention specific projects where you have successfully managed subcontractors, conducted risk analysis, or improved cost provisions.
Highlight Relevant Qualifications: Clearly list your qualifications related to NEC 4 Option B Contracts and any other relevant certifications. This will demonstrate your expertise and suitability for the role.
Showcase Your Analytical Skills: In your application, provide examples of how you've used financial data for forecasting and cost management. Highlight your experience with tools like SAP and Power BI, as these are crucial for the role.
How to prepare for a job interview at Millbank
✨Know Your Contracts
Make sure you have a solid understanding of NEC 4 Option B Contracts and NAECI Agreements. Be prepared to discuss how you've applied this knowledge in previous roles, as it will demonstrate your expertise and suitability for the position.
✨Showcase Your Financial Acumen
Be ready to talk about your experience with financial data, including P&L submissions, cost forecasting, and cash flow management. Highlight specific examples where your analysis led to improved outcomes or cost savings.
✨Prepare for Risk Analysis Questions
Expect questions on risk analysis, such as how you assess best case, worst case, and most likely scenarios. Prepare to share your thought process and any tools or methods you use to evaluate risks effectively.
✨Demonstrate Your Communication Skills
As a Subcontract Manager, you'll need to facilitate meetings and manage subcontractor relationships. Be prepared to discuss how you handle communication, resolve conflicts, and ensure all parties are aligned on project goals.