About Network Rail

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Vacancy : Commercial Manager

Location : London Stratford Place

Salary: £43,588 to £50,018 per annum (plus an Inner London Allowance of £3,270 per annum)

Role Type : Permanent, Full time

Are you ready to make a difference in people's lives? At Network Rail, we connect passengers and freight customers, ensuring safe and efficient transportation across the country. We're an organisation where people truly matter, and when you join us, you matter to us and millions of others. Click here to watch our inspiring video to learn more about us!

We're dedicated to building a diverse and inclusive organisation that reflects the passengers we serve. To achieve this, we're committed to becoming an open, diverse, and inclusive workplace, leveraging the skills and expertise of our talented workforce. Together, we strive to create a safe and accessible railway for everyone. Discover more about the importance of Diversity and Inclusion at Network Rail by clicking here .

Investing in our people is key to enhancing the safety, reliability, and efficiency of our railway system. If you're passionate about making a meaningful impact, then this opportunity is for you!

At Network rail you will also have a clear development path with access to training and additional qualifications.

In joining Network Rail, you're not only joining an organisation with a vital role to play for the country, but also a team of more than 40,000 people, and a business dedicated to being one of Britain's best employers.

Network Rail Benefits - In addition to the above, you can enjoy a fantastic range of employee benefits, such as:

• 28 days annual leave + bank holidays

• 75% discount on rail leisure travel for you and your family

• 75% subsidised Season Ticket for work travel (includes Underground)

• A range of pension options

• Annual Performance Related Pay package

• Flexible and agile working arrangements

• Healthcare package

• Discounts on shopping

• Discounted Gym membershipsand much more.

For the full range of our fantastic benefits click here.

Brief Description

In the Commercial Manager role, you will provide post-contract commercial management of medium value/medium risk activity and support pre-contract activity within the project delivery team's scope of work, providing specialist commercial advice, guidance and recommendations to mitigate commercial risks.

About the role (External)

Key Accountabilities -

1. Support the programme and project teams in monitoring for breaches of compliance with Network Rail Corporate governance and rules in a timely manner.

2. Manage cost reporting of all allocated projects within the Network Rail reporting framework including Cost Forecasting, Anticipated Final Cost, Cost of Work Done, Gross Billing and Current Contract Value.

3. Monitor, manage and report on all commercial aspects of allocated projects, flagging issues and proposing mitigation actions at the earliest opportunity to Project Manager and/or Programme Manager (functional reporting line) and/or Senior Commercial Manager.

4. Monitor awareness of all activities on allocated projects in order to influence decision making from a commercial perspective. Review contractor delivery; including leading valuation of medium value/medium risk contracts and attending all progress meetings to actively influence contractor's commercial behaviours, delivery and activity.

5. Manage assessment and valuation of contractor's applications and processing of payment certification in accordance with Network Rail processes, contractual terms and conditions and commensurate with contractual entitlement. Challenge cost elements, audit where appropriate and check valuations are consistent with agreed site progress.

6. Provide pro-active advice and guidance to Project Managers on all change including proposed scope changes, recommending appropriate action in accordance with Network Rail change control systems and produce all required documentation for approval in accordance with levels of delegated authority, including comparative estimates where required, in a timely manner.

7. Produce applications for payment/invoices to outside clients in accordance with relevant funding agreements, including supporting documentation as appropriate.

8. Identify and advise on all commercial risk/claim events.

9. Provide of ad-hoc management information and analysis to promote informed decision-making.

10. Produce appropriate commercial correspondence and contractual notices for issue in accordance with contractual conditions. Check commercial records are retained and archived properly upon close out.

11. Undertake final account settlements and internal reconciliation to project close-out as per the project authority, project plan and within agreed timescales.

12. Support demonstration of efficiencies and continual improvement of estimating by undertaking cost analysis of completed projects and feedback as per Cost Allocation Feedback process.

13. Support pre and post contract procurement activities as appropriate.

14. Provide support to estimating resources, offering guidance and advice on project scale/scope as required.

15. Support the negotiation of all prices under existing contracts/framework agreements (including the negotiation of target costs) and fully participate in the associated quantitative risk assessment and value management workshops, as required.

Essential

• Demonstrable experience in commercially managing investment projects

• Demonstrable relevant experience

• Good understanding of railway and construction industry forms of contract

• Good understanding of the construction/railway industry

• Good negotiation skills

Desirable

• Educated to degree standard in related subject

• Membership of a relevant professional institute, chartered status

• Significant experience of working within a generalist commercial environment

• Awareness of industry issues

How to apply (External)

External how to apply:

Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factor.

We are a Disability Confident Leader employer! We will interview all disabled applicants who meet the essential criteria.

We are here to support you through every step of the recruitment process and to enable you to perform to the best of your ability. If you require any adjustments or modifications please contact Mark Holt (Resourcing Business Partner) at mark.holt@networkrail.co.uk. You can also visit Evenbreak's Career Hive for advice on accessibility support if you're unsure of the options available.

We positively embrace flexible working, recognising that employees may wish to balance work with their family and home life.

Network Rail Benefits - To find out about what benefits we offer, click here

Network Rail is required to comply with UK Government standards when carrying out pre-employment checks for all new starters; this includes a basic criminal record check. In addition to the basic criminal record check, in accordance with the UK Government we are also required to verify your identity, right to work in the UK and previous three years employment history.

All offers of employment are conditional upon satisfactory completion of pre-employment checks. Click here for more information . Please ensure you have the appropriate Right to Work status when applying for this role."

Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail. You should be able to demonstrate your personal commitment to safety and awareness of our safety vision .

Network Rail can offer you a rewarding career with competitive pay and excellent benefits including a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to £3,333 (to a maximum amount of £2,500). You will also be entitled to 28 days annual leave

Salary: £43,588 to £50,018 per annum.

Employees will be entitled to a 75% discount off leisure travel, this includes off peak and super off peak tickets

Drugs & Alcohol test: All prospective candidates offered a conditional role will be required to undergo and pass a drugs and alcohol test. Your application will be rescinded if you record a positive test. All positive drugs and alcohol test results for prospective candidates will be securely held on Sentinel database and a 5 year suspension from applying for a safety critical role, a role which requires PTS certification or a Key Safety role on Network Rail Managed Infrastructure will be enforced.

Closing date : 21st May 2025. Late applications will not be accepted. We retain the right to close the advert before the listed closing date based on application volumes.

'Been referred by a friend? Please complete this form: Eastern Region Employee Referral Form (office.com) '

Network Rail operates, maintains and develops Britain's railway infrastructure managing 20,000 miles of track, 30,000 bridges, tunnels and viaducts and thousands of signals, level crossings and stations.