Senior Commercial Manager
2 months ago
Who are we?
Equinix is the world's digital infrastructure company, operating over 250 data centers across the globe. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
A career at Equinix means you will collaborate on work that impacts the world and be surrounded by endless opportunities to learn new skills and grow in varied directions. We embrace diversity in thought and contribution and are committed to providing an equitable work environment that is foundational to our core values as a company and is vital to our success.
Senior Commercial ManagerJob Summary:
This position sits within the Equinix Global Design and Construction team (Circa 300 no. people) who deliver over 70 projects globally per year (in excess $4Bn annual capex).
- This position reports directly to the EMEA South Retail Commercial Management Director, Global Design & Construction.
- The primary focus of the role is commercial management oversight across Equinix's portfolio major expansion construction projects throughout EMEA. Specifically, this role covers the France / Middle East Portfolio
- The position works closely with other internal project teams. Including Design, Construction, Procurement (including Major Capital Equipment (MCE) Purchasing), Finance, PMO, Legal and Corporate Development.
- The role is expected to provide proactive strategic and day-to-day leadership specifically focused to drive down construction costs, provide assurance against internal financial controls and reporting processes and help manage all major contract risks.
Responsibilities
Pre-Contract
- Procurement of third-party consultants including Design, Commercial and Pre-Construction Services.
- Development of detailed Request for Proposals (RFP) and service deliverables for the commercial management services.
- Day to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standard.
- Development of General Contractor and supplier procurement strategies in conjunction with the Construction Management (CM) team.
- Working with Legal and Procurement Centre of Excellence (COE) to prepare General Contractor Contracts including negotiation of Contract terms.
- Collation and presentation of market insights for the construction industry in the relevant country including market activity, comparative builds, construction cost indices, key suppliers and benchmarking information.
- Preparation of budgets for all design stages including feasibility estimation, detailed cost modelling, benchmarking analysis and presentation of this to senior management throughout funding approval stages.
- Advice on the most economical design and construction delivery strategy including budget comparisons.
- Identification of market and region-specific commercial risks and development of practical mitigation strategies.
- Ensuring that all cost data is prepared and presented in the Equinix WBS throughout the Project lifecycle.
- Input and action of Value Engineering (VE) exercises at all stages of design. The output must include clear cost evaluation to support decision making.
- Prepare annual and quarterly cashflow forecasts for active and pipeline projects.
- Prepare and oversee monthly reports for budget, cashflow, risk and change management.
Post Contract
- Day to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standard.
- Monitor adherence against budget throughout the project lifespan including cost checks and reviews, value engineering and cost saving initiatives and evaluation of alternates.
- Oversee and provide guidance on commercial change management and change evaluation efforts on all projects.
- Monitor and report monthly and quarterly on project portfolio cash flow for the region.
- Provide Construction in Place (CIP) data to Finance.
- Pro-actively lead all commercial risk management efforts including commercial audits, contingency analysis and management.
- Prepare and oversee monthly cost reports for budget, cashflow, risk and change management.
- Monitor the financial close-out on all projects including settlement of all vendors.
- Prepare lessons learned cost analysis and detailed Work Breakdown Structure (WBS) analysis of outturn costs.
Qualifications:
- Bachelors degree in construction, business, financial or related field.
- Proven experience in a Commercial Management at a Senior level.
- Proven Data Center and strong MEP experience.
- Preferably RICS accreditation.
- Must be detail orientated, with accurate input and proof-reading skills.
- Must be able to handle multiple tasks in a fast-paced environment.
- Must have strong business acumen.
- Must have strong written and verbal communication skills.
- Must have strong sense of accountability, ownership and urgency.
- Must have strong computer skills, particularly with Excel, Power BI, Cost Management Tools.
Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form.
Equinix is an Equal Employment Opportunity and, in the U.S., an Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law.
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