Job Title: Commercial Manager
Location: London, UK
Salary: £95k- £110k basic plus package depending on experience.
Overview
We are recruiting for a leading construction and engineering organisation is seeking an experienced Commercial Manager to ensure the successful delivery of projects through strong commercial leadership. The role is responsible for cost and value management, contract negotiation, financial reporting, risk management and dispute resolution.
Working closely with project and operational teams, the Commercial Manager will ensure robust commercial governance, support staff development and maintain positive relationships with clients and key stakeholders.
Key Responsibilities
Commercial Management
* Lead cost and value management for projects, ensuring systems and procedures are in place and followed.
* Oversee financial reporting and cashflow forecasting for projects.
* Identify and negotiate unacceptable contract terms, bonds, warranties and guarantees with clients and stakeholders.
* Manage project change processes by recording, evaluating and recovering entitlements where not the organisations liability.
* Lead risk and opportunity management with the operations team, ensuring mitigation measures are identified and implemented.
* Provide commercial support and training to site staff.
Leadership & Team Development
* Manage and mentor the commercial team to deliver key responsibilities and develop professional capability.
* Support knowledge sharing and mentoring through structured programmes.
* Supervise the preparation of cost plans for complex projects using appropriate techniques and software.
* Lead the analysis of project cost reports to inform decision making.
* Ensure commercial teams act in line with company values, health and safety standards and cultural behaviours.
Programme & Reporting
* Prepare and monitor long-term cash forecasts for projects, interpreting variances and recommending corrective action.
* Lead preparation of contractual correspondence and reports, ensuring accuracy and compliance.
* Develop innovative systems to control costs and monitor financial performance.
* Support programme and change reporting to management and stakeholders.
* Contribute to business planning and ensure alignment of commercial objectives with business unit strategy.
* Represent the organisation in industry networks and forums, maintaining professional relationships that support business growth.
* Build and maintain strong relationships with clients, subcontractors and third parties on commercial issues.
* Provide guidance on risk allocation, step-down clauses and design liability in subcontractor and designer agreements.
* Ensure commercial practices comply with legislation, company policies and industry best practice.
Qualifications
Essential
* Degree in Quantity Surveying, Construction Management, Law, Business Administration or a related field.
* Training in bonds, warranties and insurances.
* Training in dispute resolution and contract management.
* Training in financial management and cost control.
* Leadership training in managing and developing teams.
* Training in communication, influencing and negotiation.
* Valid CSCS card.
Desirable
* Advanced training in change management, persuasion and influencing skills.
* Ongoing CPD in construction law, commercial management and industry best practice.