Manager, Commercial Management - Toronto, Canada - Toronto Transit Commission

Toronto Transit Commission

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

JOB INFORMATION

Requisition ID: 9375

Number of Vacancies: 1

Department:
Chief Financial Officers Office Chief Financial Officers Office

Salary Information:
$114, $142,669.80

Pay Scale Group: 11SA

Employment Type:
Regular

Weekly Hours: 35
Off Days: Saturday and Sunday
Shift: Day

Posted On:
May 7, 2024

Last Day to Apply:
May 17, 2024

Reports to:
Head - Commercial Management

The Toronto Transit Commission (TTC) is North America's third largest transit system and has been recognized as one of the top places to work in the GTA.

Guided by a forward-thinking strategic plan, the TTC's vision is to be a transit system that makes Toronto proud.

The TTC's recruitment efforts are directly aligned to its mission of providing "a reliable, efficient, and integrated bus, streetcar and subway system that draws its high standards of customer care from our rich traditions of safety, service and courtesy.

"

Career Opportunity:

Looking for a new and exciting job opportunity? We are looking for a Manager, Commercial Management to join our team
What You Will Do:
You will be directly reporting to the Senior Commercial Manager, and you will be responsible for all post contract commercial management responsibilities, including providing specialist commercial advise, guidance and recommendations to mitigate commercial risks. This role is to support the Engineering, Construction and Expansion team in their portfolio of capital projects to develop, improve and expand the network.
You will be responsible to line manage a team of Senior Contract Administrators and Contract Administrators, providing them guidance and support to undertake their roles and responsibilities effectively.
You will draft suitable commercial correspondence and contractual notices in accordance with contractual conditions. Ensure proper retention and archiving of commercial records upon project closeout.
You will identify and closely monitor contractual risks, constraints, and contingencies to avoid or mitigate additional costs, penalties and delays.
You will assist the business area, program and project teams in promptly identifying any breaches of compliance with corporate governance and regulations.
You will work closely with the finance teams and the Project Management Office (PMO) to advise on the performance of cost reporting compared to forecasts and budgets for all assigned projects, covering aspects such as Cost Forecasting, Anticipated Final Cost, Cost of Work Done, Gross Billing, and Current Contract Value.
You will continuously support and monitor claim prevention strategies, plans and actions to protect the TTC's best interests and reputation, including responsibility for the change and claims process.
You will also monitor, oversee, and report on the commercial aspects of designated projects. Alert the Project Manager or Business Unit Manager, to any issues and suggest mitigation strategies at the earliest opportunity.
You will execute final account settlements and internal reconciliations for project closeout within specified timelines and liaise closely with the finance team to ensure this is reflected in their respective closeout process.
You will participate in lessons learnt workshops at the end of every contract, or before the reprocurement of a contract, to ensure that the appropriate contracting strategy and contractual clauses are applied to reduce risk and protect the interests of TTC.

What Skills Do You Bring:

Demonstrate specialized expertise and knowledge in the assigned field
Plan and organize activities / projects to meet section and organizational goals
Communicate in a variety of mediums

What Qualifications Do You Bring:

Your education will consist of a completed University Degree, or College Diploma in a related discipline (i.e., Civil Engineering, Quantity Surveying, Contract/Construction Law, Business Administration, etc.) or a combination of education, training, and experience deemed to be equivalent.
Additionally, certification as a Construction Contract Administrator (CCCA), Project Management Professional (PMP), Professional Engineer Ontario (P.Eng.), Certified Engineering Technologist (C.E.T.), Royal Institute of Chartered Surveyors or similar designation is considered as an asset.
You must also have knowledge of risk management systems and processes to identify and mitigate risk; Recognized organizational and research skills to conduct research into current trends, leading practices, tools and technologies.

What We Offer:

Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purposed