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About the Role

The Commercial Manager will administer all commercial and contractual matters for a specific Project, aiming to minimize commercial risk and maximize opportunity. This role involves identifying and monitoring risks, managing change orders and claims, and forecasting costs to ensure accurate project performance understanding.

Responsibilities

• Administer all commercial and contractual matters relating to a specific Project.
• Minimize commercial risk and maximize opportunity through the identification and monitoring of potential risks.
• Compile potential change orders and claims.
• Record and forecast cost for accurate project performance understanding.
• Ensure commercial processes and procedures are adhered to.
• Develop a culture of commercial awareness across the project.
• Review and respond to all correspondence and meeting records from the Contractor.
• Identify commercial risks and opportunities and manage them through to conclusion to minimize STV liability.
• Manage the timely submission of potential change orders in accordance with Project contractual obligations.
• Prepare timely sub-consultant agreements, coordinating scope with appropriate engineering staff.
• Administer sub-consultant agreements to ensure accurate liabilities, timely payments, and issuance of necessary notices.
• Coordinate the management of claims to ensure timely responses.
• Provide accurate Profit and Loss (P-L) and Cost to Complete (CTC) reports in accordance with STV procedures.
• Ensure accurate records are maintained.
• Develop and encourage direct staff to take responsibility for sections of the project.
• Fulfill any other task that can be reasonably within the contemplation of the role.

Requirements

• Minimum of 10 years' experience with large-scale contracting, preferably within the AEC market.
• Strong financial background with some experience of understanding of contractual law.
• Technical knowledge in commercial, contract, and risk management.
• Exposure to large engineering and construction projects.
• Good communication and interpersonal skills.
• Ability to resolve problems independently and operate efficiently under pressure.
• Degree in construction, engineering or related discipline.
• Membership of relevant professional body.

Skills

• Commercial management
• Contract management
• Risk management
• Cost control
• Reporting methodologies
• Change order management
• Claims management
• Financial reporting
• Communication skills
• Interpersonal skills
• Problem-solving
• Working under pressure

Location

• Transportation North Team

Work Type

• Full-time

Experience Level

• Minimum of 10 years' experience

Education Level

• Degree in construction, engineering or related discipline

Salary/Compensations

• $133,635.31 - $152,726.06

Benefits

• Health insurance, including an option with a Health Savings Account
• Dental insurance
• Vision insurance
• Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable)
• Disability insurance
• Life Insurance and Accidental Death & Dismemberment
• 401(k) Plan
• Retirement Counseling
• Employee Assistance Program
• Paid Time Off (starting at 16 days)
• Paid Holidays (9 days)
• Back-Up Dependent Care (up to 10 days per year)
• Parental Leave (up to 80 hours)
• Continuing Education Program
• Professional Licensure and Society Memberships

About the Company

• STV is one of the top infrastructure-focused professional services firms in North America.
• Founded in 1912, STV advises, plans, designs, engineers and delivers the infrastructure that powers local economies, including transportation systems, buildings, water and other facilities.
• Headquartered in New York City, the company has more than 65 offices and 3,300 employees who reimagine the solutions and structures that connect our communities.
• The firm is ranked 32nd in Engineering News-Record’s Top 500 Design Firms survey and is 11th in its transportation category.
• STV is deeply committed to investing in its people and creating a world-class employee experience.
• We are passionate about mentoring, coaching and cultivating our talent because we know they are destined to become the next generation of industry leaders.
• We’re also committed to delivering formative career experiences – and we do that by providing challenging and unique work experiences, by mapping multiple ways to advance (beyond the traditional career ladder!) and by recognizing those who successfully chart new and exciting paths for the firm.
• We value a wide range of perspectives and experiences, without regard to any factor or characteristic, regardless of whether it is a category protected by federal, state and/or local law, making them an integral part of how we work.
• Our approach ensures that every individual is respected, heard, and given opportunities to contribute meaningfully.
• We remove barriers and create pathways for growth, embedding fairness into our daily operations.
• STV exists to make communities better through innovative solutions that connect people, places and the present to the future.
• Our local teams throughout the country deeply understand the needs of their communities and have the expertise to provide solutions.
• We are also committed to giving back to our communities and our neighbors through volunteering and philanthropic activities; fundraising events; scholarships, internships, and mentoring; and sustainability and community improvement projects.

Equal Opportunity

• STV is committed to paying all of its employees in a fair, equitable, and transparent manner.
• We know great candidates don’t always meet every qualification, and research shows women and people of color are less likely to apply unless they do.
• At STV, we believe strong talent comes from a wide range of backgrounds, and your skills and experience may align with this or another opportunity as we continue to grow.
• We value a wide range of perspectives and experiences, without regard to any factor or characteristic, regardless of whether it is a category protected by federal, state and/or local law, making them an integral part of how we work.
• Our approach ensures that every individual is respected, heard, and given opportunities to contribute meaningfully.
• We remove barriers and create pathways for growth, embedding fairness into our daily operations.
• STV provides equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.