Vistry Group PLC
Head of Commercial Recoveries
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Role Overview
In a Nutshell…
We have an exciting opportunity for a Head of Commercial Recoveries to join our team within Vistry Services Special Projects, at our Brentwood office. As our Head of Commercial Recoveries, you will manage and co-ordinate the key recovery targets for all projects within the division, liaising with the relevant technical, legal, and commercial functions.
This role is specifically focused on the recovery channels from supply chain and insurance where a statutory or contractual duty has been breached.
We value in-person collaboration and team culture, but we’re also committed to supporting flexible working where possible. We encourage you to raise any specific requirements during the interview process so we can explore how this could be accommodated.
Let’s cut to the chase, what’s in it for you…
- Competitive basic salary and annual bonus
- Company car, car allowance, or travel allowance
- Salary sacrifice car scheme available to all employees
- Up to 39 days annual leave plus bank holidays
- 2 Volunteering days per annum
- Private medical insurance, with employee-paid cover
- Enhanced maternity, paternity, and adoption leave
- Competitive pension scheme through salary sacrifice
- Life assurance at 4 x your annual salary
- Share save and share incentive schemes
- Christmas company shutdown
- Employee rewards portal with many more benefits…
In return, what we would like from you…
- Behave in line with our company values – Integrity, Caring, and Quality
- Strong experience in commercial contracts for construction of residential properties with evidence of litigation or recovery actions achieved.
- Specific experience in contract litigation and determination of liability.
- A good knowledge of the Building Safety Act and relevant statute for claims under this legislation.
- Extensive experience working within a residential contractor or cost consultancy practice.
- Previous experience as a Managing QS or Commercial Manager within the industry.
- A good understanding of building regulations and legal obligations.
- Knowledge of construction methods and materials.
- Experience of people management and project leading.
- Strong contract understanding.
- Strong mathematical and IT ability.
- Ability to assess and analyse information.
- Good business sense.
- Good understanding of budget management.
- Negotiating and networking skills.
- Must be proficient with Coins IT system & Viewpoint document management system.
- Excellent communications skills.
- Able to work under pressure, and accept criticism of work.
- Good team working skills.
- Accurate with an eye for detail.
- A methodical approach.
- Capable of strategic vision.
- Decision making/problem solving/multi-tasking.
- Willing to work extra to meet deadlines as and when the business needs require it.
- Understanding of pre-action protocol for construction disputes.
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Desirable…
- A member of the Royal Institute of Chartered Surveyors (RICS).
- Degree in Surveying, Building, Construction Law, or similar.
- Adjudication training.
More about the Head of Commercial Recoveries role…
- Develop and be the key account holder of recoveries from third-party consultants, contractors, and insurers including but not limited to, assisting with instructing experts, counsel, quantum, and/or witness statements for building our defence.
- Central conduit for project teams to provide particulars, development of recoveries target matrix, and regular updates of the target.
- Liaising with internal and external legal teams for defence claims, dispute resolution, and contract awareness. Coordinated reporting of all live litigation actions both up and downstream.
- Ensure compliance with the company’s Quantity Assurance Procedures and Health & Safety Policy.
- Where possible, look for areas of cost savings whilst projects are live, ensuring mitigation of loss as part of any claim.
- Liaise with all other departments to ensure cost-effective delivery of the region’s budgeted output.
- From time to time, take on any other specific requirements requested by the Managing Director/Commercial Director/Head of Commercial to the benefit of the region’s commercial operations.
- Attend design review meetings and pre-planning technical department meetings to understand and the consequences on the development’s financial forecasts.
- Work with build and commercial teams to ensure that the contractual position of the company is protected as can be reasonably foreseen.
- Attend group best practice meetings to share and gain knowledge.
- Provide accurate build costs for use in budgets, forecasts, and valuations.
- Ensure build cost information is up to date to enable accurate estimating.
- Periodically review and update forecasts and budgets. Including for later sites.
- Respond to any variations, errors, or omissions.
- Ensure that costs are kept within forecast and estimates where possible, and that the department operates within the guidelines determined in the Group Commercial Best Practice.
- Coordinate the measure and payments to subcontractors including guidance to Surveyors to ensure that works are certified for payment in accordance with Company procedures.
- Coordinate cash flow forecasts of the recovery targets for each site, to be monitored against monthly payments.
- Liaise with Technical, Development & Finance to ensure accurate & timely reporting of fee schedules.
- Carry out monthly cost/value report for the Region including coordinating and checking of CVR’s and back up prior to the monthly meeting, all in accordance with Group Audit requirements and company procedures.
- Report of any major variances to the Regional Commercial Director.
- Respond to contract variances in respect of quality, performance, programme, costs, and specification.
- Liaise with all Departments in matters relating to the effective administration of site development schemes.
- Identify non-compliance and rectify and resolve problems.
- If non-compliance with the above, then discuss the determination of the contract with the Regional Commercial Director and Contract Managers.
- Ensure you keep up to date with legislation changes and attend training and technical training as and when required by the company.
- Attend departmental meetings as required.
- Deal with queries from build teams.
- Maintain open lines of communication with colleagues in other regions.
- Work with Build and other departments to ensure a working relationship with key suppliers & subcontractors is maintained where possible.
- Ensure all relevant stakeholders are informed of key departmental developments.
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Finally, let’s tell you a bit more about us…
We build more than homes, we’re making Vistry. Being a responsible developer and award-winning employer means we live each day through our ethos - doing the right thing. Our behaviours reflect this, as well as our values of integrity, caring, and quality. Shaping all we do; they empower us to develop sustainable communities across affordable and private housing. We work in a partnership-led way, and you’ll recognize our renowned brands Bovis Homes, Linden Homes, and Countryside Homes. Together with Vistry Works, our manufacturing operation, and the functional support of Vistry Services, we’re a proud UK Green Building Council member, UK top five housebuilder with a five-star House Builders Federation (HBF) customer satisfaction rating, and winner of many awards including Top Employer, Global Top Inspiring Workplaces, and Best for Talent Attraction and Outreach.
Join us in making Vistry.
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