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Commercial manager

Job LocationCentral London
EducationNot Mentioned
Salary£70,000 - £80,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

My client is seeking a dynamic and energetic software based commercial manager to lead their growing team, who will be responsible for the overall commercial risk framework regarding end-to-end contacts and client deals, including the suppliers and thirdparties involved.Key responsibilities:

  • Assessing the revenue opportunity against the risk and costing profile of the pricing model
  • Support and leading contract negotiations end-to-end
  • Providing a high level of contract management, as well as managing the commercial implications of service performance
  • Managing in life contract changes
  • Providing advice on all strategic commercial implications from all legal and regulatory changes
  • Providing support and advice on the commercial dispute management strategy
  • Defining and overseeing the full adherence to commercial policies and procedures
  • Owning and applying thorough commercial scrutiny through key government avenues
Working directly within my client’s Integrated Business Software Solutions division (IBSS), you will be:
  • Assisting the sales team to secure new business that is both profitable and deliverables
  • Providing commercial support in deal shaping, contracting and negotiations
  • Reviewing the prices of both existing and new business proposals, making sure they properly align with company margin, risk and contingency provisions in place
  • Ensuring that all customers as well as supplier bids/contracts are approved and reviewed in line with key governance and policy before submitting
  • Identifying, managing, and reporting on key commercial and legal risks
  • Being the main point of contact for principal client contracts, as well as providing extensive in-life client contract management support
  • Reviewing, interpreting and advising on existing contract rights and obligations
  • Leading the change management of contracts, including the production of contract variations
  • Supporting the production of regular contract reporting in line with both governance and the requirements of the contract
  • Ensuring that all contract records are maintained and accessible when required
  • Recording, ratifying, and circulating all commercial/negotiation meetings that take place
  • Constantly supporting the business by owning and supporting ongoing contract admin (including templates, toolkits and notices)
  • Supporting the sub-contractor along with supplier relationship management
  • Working on a cross-functional/collaborative basis, reporting directly into the commercial director
Requirements:My client is seeking at least five years of experience with software contracts (ideally from a fintech background), with a strong track record of delivering pre and post contract activity, within the following areas:
  • Solid understanding of bid preparation and submission processes (ITT, RFP, and BAFO)
  • Able to identify and analyse fundamental commercial risks, such as SLA’s, KPI’s, contractual dependencies and milestones
  • Excellent contract drafting and negotiation skills
  • Possess a vast amount of knowledge of contract law, along with how it is applied within software and IT environments
  • Have a good working knowledge of GDPR
  • Possess a good understanding of financial processes and summaries (regular and ad hoc), to be presented to both commercial and more senior audiences
  • Due diligence in document record keeping as well as maintaining audit traits
  • Seeing activities through on an end-to-end basis
  • A track record in being resilient and staying self-motivated
  • Being able to prioritise work, meet deadlines, and work under pressure
  • Able to seek support and input guidance when required
  • Possess excellent communication skills
Success criteria:
  • Strong contributor to the commercial team, as well as consistently working to high quality standards regarding support quality and enacting on stakeholder feedback
  • Take a positive mindset to solving problems (have a good track record of root cause analysis)
  • Working to tight deadlines along, or as part of a team
  • Can work on and prioritise multiple activities at once
  • Demonstrating full rigour and compliance with all commercial values, policies and procedures
  • Ideally educated to degree level or equivalent

Keyskills :
Commercial Management Contract Management Contractual Negotiations Meet Deadlines

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