Contract Manager

Location
Canary Wharf, London (2 days/week in the office)
Salary
Approx. £55k but can offer higher for strong candidates
Posted
20 Apr 2022
Closes
20 May 2022
Specialist Area
Contracts
Job Level
Manager
Contract Type
Permanent
Hours
Full Time

Job Title: Contract Manager

Contract type: Perm

Salary: circa £55,000

Location: Canary Wharf

WFH policy: Employees are required to attend the office 2 days/week (exceptions made during lockdowns in line with UK Government guidance)

Flexible working: Informal flexible work patterns subject to line manager discretion including a 9-day fortnight.

Visa sponsorships: LCCC does not sponsor visas currently so you will need to hold a valid UK passport or a valid visa to work in the UK.

Reports to: Lead Contract Manager

 

About LCCC

The Low Carbon Contracts Company (LCCC) is an operationally independent, not-for-profit private company wholly owned by the Secretary of State for Business, Energy and Industrial Strategy (BEIS). The company carries out two key roles that are central to the delivery of the Government’s objective to “ensure the UK has a reliable, low cost and clean energy system”:

 

  1. Counterparty to Contracts for Difference (CfDs), responsible for managing agreements with low carbon electricity generators under the CfD scheme, forecasting and collecting the Supplier Obligation Levy that funds CfD payments, and settling and clearing the CfDs
  2. Capacity Market Settlement Body, responsible for managing all financial transactions and associated assurances under the Capacity Market scheme, such as: credit cover; meter assurance; penalties; and payments to capacity providers. LCCC delivers these functions on behalf of its sister company, the Electricity Settlements Company Ltd (ESC)

Our mission is to implement and develop electricity market schemes by providing independent expertise, insight and leadership.

See here for LCCC Values and Behaviours: https://www.lowcarboncontracts.uk/do-you-fancy-a-new-challenge

 

Overview of the role:

Contract Managers are responsible for the day-to-day relationship and contract management of assigned CfD’s. Given that LCCC is a not-for-profit organisation, this is not a typical contract or commercial management role. Performance is not measured against a bottom line, but instead by two guiding principles: to maintain investors’ confidence in the CfD scheme and to minimise cost to consumers.

Under each individual CfD contract we share common objectives with Generators (counterparties to the CfD contracts) and, based on the long-term nature of the CfD contracts, relationship management is a big part of the Contract Managers’ role. Interaction with Generators is frequent during the contract lifecycle (20+ years), and particularly during the initial 4-5 years, when projects are going through the development and construction phases. Contract Managers normally communicate with their respective Generators on a weekly/fortnightly basis when Generators are close to achieving contractual milestones, and less frequently once the projects are in operation. Site visits are also conducted at least once a year (per project) and provide a unique opportunity to gain exposure to several leading- edge technologies, like off and onshore wind, waste to energy, solar, tidal, etc., implemented as part of multimillion/billion GBP projects.

The Contract Manager also supports wider LCCC initiatives, and regularly interfaces with both internal (Legal, Data & Analytics, Finance, etc.) and external (Ofgem, EMRS, etc.) teams.

  Key Responsibilities

  • Day-to-day relationship and contract management of assigned CfDs and associated workload and tasks, including site visits, communications and document management, and reporting.
  • Own and manage all contractual processes and issues, including actively identifying and resolving potential disputes and/or escalating any emerging issues or suggested improvements.
  • Apply judgement to manage the contracts, based on LCCC’s overarching interpretation of the contract and in line with LCCC guidance.
  • Work collaboratively with Generators to satisfy contract requirements and project management to enable the commencement of payments under the respective CfD.
  • Ensure ongoing contract compliance related to Fuel Measurement and Sampling (FMS), Renewable Qualifying Multiplier (RQM) and other Sustainability Criteria.
  • Understand financial and technical analysis and be able to competently procure and manage external advisers to conduct this on LCCC’s behalf where necessary.
  • Provide analysis and advice in relation to existing and/or new CfDs or other LCCC functions.

 

Skills Knowledge and Expertise

Essential

  • Do you have at least 3 years’ experience in contract management, contract negotiation, contract change/admin, and claims or disputes management?
  • Do you have at least 3 years’ experience in managing external client and/or suppliers relationships?
  • Strong contract management, negotiation, influencing, and analytical skills
  • Strong written and verbal communication skills
  • Collaborative relationship and stakeholder management experience
  • Experience of relevant legal, regulatory and contract management issues
  • Good understanding of the current UK energy policy landscape and regulations, including power and renewables sectors, and Net Zero.

Desirable

  • Contracts for Difference (CfD) experience or willingness to develop expertise in CfD
  • Project finance transactional experience
  • Power generation & global supply chains experience
  • Proven project management experience

  Benefits

As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:

  • 25 days' annual leave and bank holidays
  • Recognition schemes allowing colleagues to say thanks
  • Company contribution to your pension scheme
  • Family friendly policies, including enhanced company maternity/paternity and shared parental benefits
  • Employee assistance programme for free, confidential support for your professional or personal life, including financial management and family care
  • Special leave such as study leave, sabbatical or public duties
  • Three days paid leave a year for volunteering to support your local community
  • Season ticket loan scheme to support your commute
  • For peace of mind to you and your family, we offer flexible benefits to support you through illness or if things take a turn for the worse
  • Access to “Work Perks” offering deals, discounts and cash back on your purchases
  • Family savings on days out and English Heritage or gym discounts through our partners.

About Low Carbon Contracts Company

The Low Carbon Contracts Company (LCCC) is an operationally independent, not-for-profit private company wholly owned by the Secretary of State for Business, Energy and Industrial Strategy (BEIS). The company carries out two key roles that are central to the delivery of the Government’s objective to “ensure the UK has a reliable, low cost and clean energy system”:

 

  1. Counterparty to Contracts for Difference (CfDs), responsible for managing agreements with low carbon electricity generators under the CfD scheme, forecasting and collecting the Supplier Obligation Levy that funds CfD payments, and settling and clearing the CfDs
  2. Capacity Market Settlement Body, responsible for managing all financial transactions and associated assurances under the Capacity Market scheme, such as: credit cover; meter assurance; penalties; and payments to capacity providers. LCCC delivers these functions on behalf of its sister company, the Electricity Settlements Company Ltd (ESC)

 

Our mission is to implement and develop electricity market schemes by providing independent expertise, insight and leadership.

 

See here for LCCC Values and Behaviours: https://www.lowcarboncontracts.uk/do-you-fancy-a-new-challenge

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