Department Function
The central Commercial function offers guidance and assistance to the wider business to ensure commercial teams identify and develop business opportunities, and the profitable management of projects and contracts, from inception to completion. Managing both internal and external relationships is key, and the subcontractor database is vital to the successful delivery of our sites and products. Working in collaboration with all other functions is vital, as each has an overall input in the budget and deliverability of each site that we either bid on or produce. Commercials’ early involvement in land includes appraising all risk, opportunity, cost and revenue, producing LPE’s, PLA’s and SIT’s. Guidance, structure and systems are in place to ensure a smooth and timely tendering process, which ultimately results in the awarding of contracts for all elements of the budget. The consistency and visibility of reporting that drives the deliverability and success of the sites is evident through the CVR process, which the Commercial teams manage on a bi-monthly basis.
Job summary/Purpose
Full commercial management of a number of housing projects from conception to completion. Provide information, where necessary, for the land purchase exercise that will enable clear materials and labour costs to be considered at that stage.
Manage the flow of Health and Safety information from the Commercial Department. Carry out Commercial duties as defined within CDM. Monitor and report build costs periodically reporting any savings and excesses.
Primary Responsibilities
Full commercial management of housing projects
- Calculate all the prime costs on developments within the business, reporting any movements in the costs since the preparation of the land purchase exercise. Prime costs to include but not restricted to house pricing, labour costs, site work operations and remediation work.
- Maintain and fully reconcile whole site infrastructure budgets and reconcile against phased developments.
- Provide a detailed cost budget and share with the Site Manager at the appropriate time.
- Implement wherever possible value engineering solutions & strategies to optimise profit and efficiency for the business.
- Maintain schedules of quantities (Bill of Quant's site database) and price them individually for prime cost budget.
- Preparation of Site Budgets for authorisation by the Business Unit Management Team at the appropriate time.
- Manage the adoption process of public works.
- Assist in finalising/agreeing Housing Association contracts.
- Manage Housing Association valuations and attend meetings on site.
- Manage Closed Contracts provisions and orders.
- Assist Customer Services in assessing the best commercial outcome for dealing with defects (incl cost recovery within Contract Agreements).
- Ensure the surveying team are run using consistently processes, documents & procedures
- Responsible for the pricing and management of subcontractors for the Customer Options system
Provide information for land purchase exercise
- Once land opportunities are identified, familiarise the geographical area and consider site issues.
- Prepare estimates of all prime costs including subcontract and materials.
- Use COINS systems to present feasibility study of the site incorporating all development costs.
Monitor and report costs
- Complete the apportionment of total prime costs to individual plots and produce a profit analysis for the Director.
- Monitor and explain subcontractor cost movements.
- Responsible for procurement of subcontractors including payments, variation orders and day works and settlement of final accounts.
- Undertake valuations of production at budgeted cost on a monthly basis and split the cost of profit completions and potential future profit to estimate a value for work in progress.
- Report on savings and excesses against budget costs to the Director.
- Forecast final accounts.
General
- Be aware of all codes of practice that impact on estimating e.g. Building Regulations, NHBC requirements, HSE etc.
- Monitor, reconcile and recharge any costs, which relate to shared cost items with either other businesses within the Group or external Companies.
- Attend relevant project, concept, pre-tender, pre-start, specification and any other relevant meeting as required
- Input and maintain any computer-based databases or systems.
- Attend site regularly to complete Commercial functions and support the site teams to running an efficient development
Experience, Qualifications, Technical Requirements
- Wide experience in the discipline within the house building industry.
- Strong knowledge of Building Regulations, NHBC and Health and Safety requirements.
- Industry related business qualification.
- Strong managerial and negotiation skills with internal and external clients
- Working knowledge of contract law.
- IT literate (Although COINS system preferred).
- Preferably member of CIOB or RICS
Inclusivity Statement
As a proud Disability Confident Employer, Taylor Wimpey is committed to creating a diverse and inclusive workforce. We actively collaborate with individuals who have disabilities and long-term health conditions which have an effect on their ability to do normal daily activities, ensuring that barriers are eliminated when it comes to employment opportunities. In line with our commitment, we guarantee an interview to applicants who declare to us during the application process that they have a disability and meet the minimum requirements for the role. Join us in building a truly diverse and empowered team.
