At a Glance
- Tasks: Lead financial management on major infrastructure projects and drive commercial success.
- Company: Join Balfour Beatty, a leader in power transmission and distribution.
- Benefits: Flexible working hours, competitive salary, and generous holiday allowance.
- Other info: Diverse and inclusive workplace with excellent growth opportunities.
- Why this job: Make a real impact on significant projects while developing your career.
- Qualifications: Experience in project management and commercial awareness required.
The predicted salary is between 60000 - 80000 £ per year.
Our projects are more than just your opportunity to make your mark; they’re an opportunity to stretch, test and develop your expertise. Join our Power Commercial team as a Commercial Manager and you'll deliver complex work that really matters to our business and become involved in some of the biggest infrastructure projects in the industry. We encourage both full‑time and part‑time applications. We know that the right person for the role may not always be able to commit to full‑time hours.
Purpose Of The Role
Responsible for the financial management of a major, complex project(s) from inception, tendering, negotiating and agreeing contracts and then commercially delivering projects often worth many tens of millions of pounds. Integral part of the project senior leadership team where you hold key responsibilities associated with the commercial and financial success of each project. Experienced individuals who have risen through the ranks of the industry and whose role is broad and includes anything from risk management to procurement, financial reporting and managing the supply chain. Proven skills in commercial awareness, client liaison, project management and team leadership. You will also have an extensive understanding of the construction industry, flexibility and a talent for negotiation. Track record of managing and developing a commercial team and be yourself a Chartered Member or Fellow of the RICS, ICES or CIOB, and a mentor/role model to other commercial staff on their journey to becoming professionally qualified.
What you'll be doing
- Provide commercial input to Value Engineering reviews for different forms of construction.
- Support the review of tenders, including estimates, cost data and contract reviews.
- Manage the preparation of Target Cost for a Project, including the associated risks.
- Prepare the monthly CVR and associated commercial reports.
- Report and explain the commercial progress to senior divisional staff.
- Establish client supply chain requirements and advise on alternative forms of contract & procurement arrangements.
- Apply legislation and liaise with legal experts.
- Prepare estimates & tender submissions including the interpretation of specifications & preambles.
- Co‑ordinate buying, accounts, production control/planning, supply chain management & procurement techniques, estimating & surveying functions.
- Manage disallowed cost.
- Give advice on training & development including professional involvement with schools & universities to promote Balfour Beatty as a potential employer and support sponsored students.
Who we’re looking for
- Lead on collating costs and maximising value on a large project or portfolio of projects.
- Lead on and embed a mindset within the team of financial and commercial control within a project(s).
- Demonstrate strategic change management.
- Possess in‑depth knowledge and experience of procuring and managing supply chain.
- Maintain a Personal Development Plan to ensure continuous personal and professional development.
- Already in possession of or working towards professional accreditation.
- Proactively develop, mentor and coach immediate and wider team members to ensure development of talent and succession within the team.
- Demonstrate working to deadlines including effective delegation, working efficiently and to a high standard.
- Excellent communication skills with all internal and external stakeholders.
- Keen interest and experience in infrastructure projects.
- Demonstrate resilience and determination to succeed (achievement focus).
- Proactively manage opportunities, risks and threats.
- MSc in Quantity Surveying or equivalent level of education or experience.
Why work for us
- Competitive salary.
- This role is available on a full‑time or part‑time basis.
- Company DC pension scheme up to 5% EEs & 7% ERs.
- Smart working, giving you more flexibility such as staggered start and finish times, with up to 40% remote working where roles allow.
- Family‑friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave.
- 25 days holiday plus bank holidays.
- Broad range of learning opportunities, such as professional qualifications.
- Employee assistance programme.
- Up to 2 days volunteering per year.
About Us
Our skilled and dedicated teams deliver a range of proactive and reactive services which support a reliable and safe supply of power flowing to millions of homes and businesses around the world. Our contracts range from 50,000 schemes to 100 million plus major projects. Balfour Beatty’s Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions. With experience and expertise across the full spectrum of the electricity grid our teams have capability across overhead lines, cable tunnels, distribution networks and substations. From scoping and feasibility, to design, construction and on‑going maintenance, our in‑house experts, flexible resources and industry‑leading innovations support clients in the development of some of the world’s most ambitious power transmission and distribution projects. At Balfour Beatty we are committed to creating a diverse workforce and an inclusive culture where everyone can be themselves and reach their full potential, not only because this is the right thing to do, but because it makes us a better business.
Commercial Manager employer: Balfour
Balfour Beatty is an exceptional employer, offering a competitive salary and flexible working arrangements that cater to both full-time and part-time professionals. With a strong commitment to employee development through a broad range of learning opportunities and a supportive work culture that values diversity and inclusion, you will thrive in a role that not only challenges your expertise but also allows you to contribute to significant infrastructure projects that make a real difference. Our family-friendly policies and emphasis on work-life balance further enhance the rewarding experience of being part of our dedicated team.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. The more people you know, the better your chances of hearing about job openings before they even hit the market.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show them you’re not just another candidate; you’re genuinely interested in what they do and how you can contribute to their success.
✨Tip Number 3
Practice your negotiation skills! As a Commercial Manager, you’ll need to demonstrate your ability to negotiate contracts and manage costs. Role-play scenarios with friends or mentors to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Commercial Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Commercial Manager role. Highlight your experience in financial management, project delivery, and team leadership, as these are key aspects of the job.
Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills in negotiation, risk management, and client liaison have led to successful project outcomes. We want to see how you can add value to our team!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. This will help us quickly understand your fit for the role and your potential contributions.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application gets into the right hands and shows that you’re serious about joining our team at Balfour Beatty.
How to prepare for a job interview at Balfour
✨Know Your Numbers
As a Commercial Manager, you'll be dealing with significant financial figures. Brush up on your financial management skills and be ready to discuss how you've successfully managed budgets in past projects. Prepare specific examples that highlight your ability to maximise value and control costs.
✨Showcase Your Negotiation Skills
Negotiation is key in this role, so come prepared with examples of successful negotiations you've led. Think about the strategies you used and the outcomes achieved. This will demonstrate your commercial awareness and ability to handle complex contracts.
✨Understand the Industry Landscape
Familiarise yourself with current trends and challenges in the construction and infrastructure sectors. Be ready to discuss how these factors might impact the projects you'll be managing. Showing that you’re informed will impress the interviewers and show your commitment to the role.
✨Be a Team Player
As part of the senior leadership team, your ability to lead and mentor others is crucial. Prepare to talk about your experience in developing teams and fostering a collaborative environment. Highlight any mentoring roles you've taken on and how you've helped others grow professionally.
