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Commercial - Graduate

Petrofac, Aberdeen

Commercial - Graduate

Salary Not Specified

Petrofac, Aberdeen

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 14 Apr | Get your application in now before you're too late!

Closing date: Closing date not specified

job Ref: 18c78dc94d56448e8c9d7411cc066496

Full Job Description

  • Structured training aligned where appropriate, to the requirements of recognised professional bodies.
  • A mentor with technical experience, selected by the Company to provide you with day-to-day support.
  • Challenging hands-on work experience projects that will broaden your experience and knowledge of our organisation, enabling you to make a real contribution for day one.
  • Personal development programmes to develop your interpersonal skills and leadership capabilities
  • Internal, external and on-the-job training opportunities.
    • The Role
  • Develop and understand the commercial terms and administration requirements for the allocated contracts to assist in managing and mitigating risks associated with contract delivery.
  • Provide support to the PSM's and commercial focal points for the client commercial contact and attend client meetings as required.
  • Support the preparation of client monthly reports including but not limited to value of works, forecast of spend, commitments annual budgets, business plans and contract incentive schemes.
  • Support the monitoring of the financial performance of each contract by assisting with preparing monthly management accounts, forecasts and budgets and ensure all commercial and financial reporting deadlines are met.
  • Develop an understanding of the corporate accounting and commercial department requirements so that ongoing analysis is being made to track recovery against costs to highlight and resolve any associated issues in a timely manner.
  • Support the projects team by providing ongoing and regular commercial analysis and information regarding expenditures, commitments, forecasts and the financial performance of the contract.
  • Develop knowledge and understanding of contract KPI's.
  • Develop knowledge and understanding of the key contractual and commercial aspects of the contracts.
  • Support the commercial teams with the checking and accuracy of Third Party invoices against subcontract agreements and approve same as compliance checker where required.
  • Support any Labour and 3rd party reconciliations on a monthly/quarterly basis.
  • Develop knowledge and understanding of the contract commercial model and structure (i.e client charge rates etc).
  • Liaise with the commercial administrators in developing and collating client invoices and ensure they prepared for presentation to the client correctly and in a timely manner such that they are paid on the due date.
  • Develop knowledge and understanding of how to monitor outstanding debtors and support the commercial team to ensure that any commercial problems are addressed, and that cash collection is optimised.
  • Perform all tasks and prepare all information in accordance with the company's policies, processes and procedures
    • Qualification Requirements Bachelor's degree or Master's degree relating to Quantity Surveying, Finance, Accountancy, Business, etc.

  • High level of Numeracy and IT skills
  • Willingness to learn
  • Strong attention to detail
  • Team Player
  • Ability to meet deadlines
    • Desirables
  • Understanding and awareness of the Oil and Gas business
  • Previous placement or work experience within the Oil and Gas Industry

    It's a fascinating field to work in, and as Petrofac is involved across every area of the energy lifecycle, there's plenty of variety. Technical functions to business support, we're looking for graduates that bring the right energy across disciplines, from engineering to IT and Digital, HR, HSE, and Supply Chain.
    • As a graduate at Petrofac, you will gain a breadth of experience working with world-class experts on some of the most significant energy projects. And of course, you won't do it alone. Your mentors and colleagues will be with you every step of the way, offering advice, guidance, or just a friendly ear when needed. We are bringing the right energy We are a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies. Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals, and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our values - driven, agile, respectful, and open - underpin how we work together, inform the decisions we make, and are fundamental to our future success.

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Direct job link

https://www.s1jobs.com/job/commercial-graduate-124917795
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