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- Tasks: Manage project finances, ensuring accurate reporting and collaboration with contractors.
- Company: Dynamic firm in Newcastle focused on M&E projects.
- Benefits: Permanent role with competitive salary and opportunities for professional growth.
- Why this job: Join a team where your financial expertise drives project success.
- Qualifications: Degree in Quantity Surveying and 5 years' experience in M&E projects.
- Other info: Exciting projects with travel opportunities across the UK.
The predicted salary is between 45000 - 55000 £ per year.
Location: Newcastle
Employment Type: Permanent is preference, open to contract
Start Date: Immediate
Main Purpose of the Role
Responsible for the commercial management of projects, ensuring accurate, timely, and clear financial reporting. The role involves managing supply chain partners and subcontractors, while working collaboratively with the main contractor and/or client-side Quantity Surveyor to deliver commercial objectives.
Key Responsibilities
- Measurement and valuation of contract works and variations, including identification, valuation, agreement, and incorporation into the contract sum
- Liaise with the Main Contractor’s or Client’s Quantity Surveyor on all financial matters, including the agreement of variations and preparation, submission, and agreement of interim and final accounts
- Provide regular internal commercial reporting to senior management, including monthly cost reports and contract reviews highlighting financial movements and risks
- Ensure all commercial and contractual records are maintained in line with contract requirements
- Maintain accurate records of applications, payments received, certifications, and retentions across projects
- Monitor and control all commercial aspects of the project, including preliminaries, labour, plant, materials, and cost forecasting
- Prepare monthly valuations of work in progress and forecast final project costs
- Negotiate commercial matters with clients, consultants, or their representatives as required
- Support cost-to-completion forecasts, cash flow projections, and overall financial planning
- Ensure subcontract and key supply orders are issued, agreed, and in place prior to commencement on site
- Assess and value subcontractor applications and variations, issuing payment and/or pay-less notices in accordance with contractual requirements
- Manage the release of retentions and performance bonds at Practical Completion and Final Account stage
- Attend commercial, site progress, and client meetings as required
- Provide contractual and commercial advice to Project Managers and site teams when needed
- Undertake any other reasonable duties commensurate with the role
Qualifications
Degree or postgraduate qualification in Quantity Surveying or a related discipline. Membership (or working towards membership) of a relevant professional body is desirable.
Experience & Skills
- Minimum 5 years’ experience in a similar role managing the commercial delivery of M&E projects, typically valued between £2.5m and £10m
- Strong working knowledge of JCT and NEC forms of contract
- Competent user of Microsoft Office, particularly Excel and Word
- Excellent communication, negotiation, and stakeholder management skills
- Ability to work under pressure, meet deadlines, and manage a varied workload
- Willingness to travel to project sites across the UK as required
M&E Quantity Surveyor in Newcastle upon Tyne employer: Vertical Recruitment
Contact Detail:
Vertical Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land M&E Quantity Surveyor in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their projects and values, and think about how your experience aligns with their needs. This will help you stand out and show you're genuinely interested.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. This will boost your confidence and help you articulate your skills and experiences effectively.
✨Tip Number 4
Don't forget to apply through our website! We regularly update our job listings, and applying directly can give you an edge. Plus, it shows you're proactive and really keen on joining our team.
We think you need these skills to ace M&E Quantity Surveyor in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the M&E Quantity Surveyor role. Highlight your relevant experience, especially in managing commercial aspects of projects and your knowledge of JCT and NEC contracts. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects you've worked on and how they relate to our needs. Remember, we love a good story that showcases your skills and experience.
Showcase Your Communication Skills: As an M&E Quantity Surveyor, strong communication is key. In your application, demonstrate your ability to liaise with various stakeholders. Whether it's through your CV or cover letter, let us know how you've successfully managed relationships in past roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at Vertical Recruitment
✨Know Your Numbers
As an M&E Quantity Surveyor, you'll need to be comfortable with financial figures. Brush up on your knowledge of cost forecasting, valuations, and financial reporting. Be ready to discuss how you've managed budgets in past projects and any specific tools or software you’ve used.
✨Understand the Contracts
Familiarise yourself with JCT and NEC forms of contract before the interview. Be prepared to explain how you've navigated contractual obligations in previous roles. This will show that you not only understand the theory but can apply it practically.
✨Showcase Your Communication Skills
Communication is key in this role, especially when liaising with contractors and clients. Think of examples where your communication skills made a difference in project outcomes. Practice articulating these experiences clearly and confidently.
✨Prepare for Scenario Questions
Expect questions that put you in hypothetical situations related to commercial management. Prepare by thinking through how you would handle issues like budget overruns or disputes with subcontractors. This will demonstrate your problem-solving abilities and readiness for the role.