Commercial Manager

On behalf of Network Rail, we are looking for a Commercial Manager for a 3 month contract based in Euston Station in London 2-3 days office attendance

Network Rail is at the heart of revitalising Britain’s railway. From Crossrail – Europe’s largest civil engineering project – to investment in world-class stations and major programmes of electrification, we are involved in some of the most ambitious and diverse ventures that this country has ever seen. We at Network Rail are dedicated to becoming one of Britain's best employers and believe this starts with placing the candidate at the heart of everything we do!

We are seeking an experienced Commercial Manager to join the Euston Delivery Unit and play a key role in the commercial management of medium-value, medium-risk contracts and projects.

This position is responsible for providing commercial leadership , advice, and governance across both pre-contract and post-contract activities, ensuring commercial risks are effectively managed while supporting successful project delivery.

Working closely with delivery managers, engineers, budget holders, and supply chain partners, you will provide expert commercial guidance, drive value for money, and help ensure compliance with contractual and commercial governance requirements.

As a Commercial Manager , your main responsibilities will be:

- Manage and report on all commercial aspects of allocated contracts, projects, and work packages, identifying issues and implementing mitigation actions at the earliest opportunity.
- Provide commercial advice and guidance to project managers, engineers, and stakeholders to support informed decision -making.
- Actively support performance reviews, supplier meetings, and commercial negotiations, influencing contract outcomes and delivering value.
- Manage contract variations, compensation events, change control processes, and associated commercial records.
- Monitor expenditure, commitments, forecasts, and accruals against approved budgets, highlighting emerging risks and opportunities.
- Assess applications for payment, invoices, and supporting substantiation, ensuring recommendations are accurate and contractually compliant.
- Identify, evaluate, and manage commercial risks, claims, and contractual matters, providing clear recommendations and resolution strategies.
- Prepare and issue contractual notices and professional commercial correspondence in accordance with contractual obligations and delegated authorities.
- Maintain comprehensive and accurate commercial records throughout the contract lifecycle.
- Support procurement and pre-contract activities, including tender evaluations, pricing reviews, scope development, supplier selection, and contract mobilisation.
- Drive continuous improvement initiatives , identifying opportunities to increase efficiency, strengthen commercial controls , and improve supplier performance.

Essential:

- Proven experience in commercial management within infrastructure, construction, rail, engineering, utilities, or major projects.
- Strong understanding of contract administration and change management processes.
- Experience managing budgets, forecasts, cost reporting, and financial controls .
- Knowledge of supplier management , procurement, tender evaluation, and contract mobilisation activities.
- Experience handling commercial risks, claims, variations, and dispute avoidance.
- Excellent negotiation, communication, and stakeholder management skills.
- Strong commercial acumen with a proactive and solution-focused approach.
- Ability to interpret complex contractual documentation and provide clear commercial advice.
- Degree qualification in Quantity Surveying, Commercial Management , Construction Management , or a related discipline is desirable.
- Professional membership or progress towards MRICS, MCICES, or a similar professional qualification would be advantageous.

Desirable:

- Network rail experience

Please be aware that this role can only be worked within the UK and not Overseas.

Please note that Network Rail has a maximum 90-minute commute policy for all staff to the specified location for this role.

Network Rail is an equal opportunity employer and values diversity. They welcome applications from everyone.

Disability Confident

As a Disability Confident employer, Network Rail encourage applications from disabled and neurodivergent candidates . Applications from candidates who identify as having a disability and meet the essential criteria for the role will be prioritised for review. Where application volumes are high, additional role-specific and desirable criteria may be applied as part of the shortlisting process which may include holding active security clearance.

Armed Forces Covenant

As a signatory of the Armed Forces Covenant, Network Rail welcome applications from veterans, service leavers, reservists and military spouses or partners. Applications from eligible candidates who meet the essential criteria for the role will be prioritised for review. Where application volumes are high, additional role-specific and desirable criteria may be applied as part of the shortlisting process which may include holding active security clearance.

In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".