Commercial Manager - Hull in London

Commercial Manager - Hull in London

London Full-Time 36000 - 60000 ยฃ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial management for major infrastructure projects and ensure their commercial success.
  • Company: Join Balfour Beatty, a leader in delivering vital infrastructure projects.
  • Benefits: Enjoy competitive salary, flexible working hours, and generous leave policies.
  • Why this job: Make a real impact on significant projects while developing your career in a supportive environment.
  • Qualifications: Experience in project management and a keen interest in infrastructure is essential.
  • Other info: Opportunities for professional development and a commitment to diversity and inclusion.

The predicted salary is between 36000 - 60000 ยฃ per year.

Our projects are more than just your opportunity to make your mark; they are an opportunity to stretch, test and develop your expertise. Join our Power Commercial team as a Commercial Manager and you will 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) or a number of projects 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 they 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 their 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. They 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 themselves 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 will be doing:
  • Provides commercial input to Value Engineering reviews for different forms of construction.
  • To support the review tenders, including estimates, cost data and contract reviews.
  • To manage the preparation of Target Cost for a Project, including the associated risks.
  • Manage the preparation of the monthly CVR and associated commercial reports.
  • To be able to report and explain the commercial progress to senior divisional staff.
  • Establish client supply chain requirements & advise on alternative forms of contract & procurement arrangements.
  • Application of legislation and ability to liaise with legal experts.
  • Preparation of Estimates & Tender submissions including the interpretation of specifications & preambles.
  • Co-ordination of buying, accounts, production control/planning, supply chain management & procurement techniques, estimating & surveying functions.
  • Management of disallowed cost.
  • Gives advice on training & development including professional involvement with Schools & Universities to promote BB as a potential employer and to support sponsored students.
Who we are looking for:
  • Leading on collating costs and maximising value on a large project or portfolio of projects.
  • Leading on and embedding a mindset within the team of financial and commercial control within a project(s).
  • Demonstration of Strategic Change Management.
  • In-depth knowledge and experience of procuring and managing supply chain.
  • Maintain a Personal Development Plan to ensure continuous personal and professional development.
  • Proactively develop, mentor and coach immediate and wider team members to ensure development of talent and succession within the team.
  • Demonstration of 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.
  • Demonstration of 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:

Day in, day out, our teams deliver amazing projects in challenging conditions; developing, managing and maintaining the vital infrastructure and public spaces that modern economies, societies and communities rely on.

As a business Balfour Beatty are committed to supporting our staff in attaining and maintaining their chosen professional accreditation, along with reimbursing annual Professional membership fees.

  • Competitive Salary
  • This role is available on a full-time or partโ€time basis. 37.5 hours Monday to Friday.
  • 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 ongoing 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. To ensure we deliver on this commitment, we have a UK Diversity and Inclusion Action Plan which sets out the wide range of targeted, proactive, measurable steps we are taking to make this a reality.

To help and support us with our desired commitment to create an inclusive culture we are members of WISE, ENEI, Business Disability Forum and Women into Construction. In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role.

Commercial Manager - Hull in London employer: Chartered Institute of Procurement and Supply (CIPS)

Balfour Beatty is an exceptional employer, offering a dynamic work environment in Hull where you can contribute to significant infrastructure projects that shape communities. With a strong commitment to employee development, competitive salaries, and flexible working arrangements, we foster a culture of inclusivity and support, ensuring that every team member can thrive and achieve their professional goals. Our dedication to diversity, alongside comprehensive benefits such as generous parental leave and a robust pension scheme, makes us a standout choice for those seeking meaningful and rewarding careers in the construction industry.
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Contact Detail:

Chartered Institute of Procurement and Supply (CIPS) Recruiting Team

StudySmarter Expert Advice ๐Ÿคซ

We think this is how you could land Commercial Manager - Hull in London

โœจTip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. A friendly chat can lead to opportunities that arenโ€™t even advertised yet.

โœจTip Number 2

Prepare for interviews by researching the company and its projects. Show us youโ€™re genuinely interested in what we do, and be ready to discuss how your skills can contribute to our success.

โœจTip Number 3

Practice your negotiation skills! As a Commercial Manager, youโ€™ll need to demonstrate your ability to negotiate contracts effectively. Role-play scenarios with friends or mentors to build confidence.

โœจTip Number 4

Donโ€™t forget to apply through our website! Itโ€™s the best way to ensure your application gets seen by the right people. Plus, it shows us youโ€™re serious about joining our team.

We think you need these skills to ace Commercial Manager - Hull in London

Financial Management
Contract Negotiation
Project Management
Risk Management
Procurement
Financial Reporting
Supply Chain Management
Commercial Awareness
Client Liaison
Team Leadership
Value Engineering
Cost Estimation
Communication Skills
Strategic Change Management
Mentoring and Coaching

Some tips for your application ๐Ÿซก

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 what we're looking for.

Showcase Your Achievements: Donโ€™t just list your responsibilities; share specific examples of how you've successfully managed projects or teams. We love seeing quantifiable results, so if youโ€™ve saved costs or improved processes, shout about it!

Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application thatโ€™s easy to read and gets straight to the heart of your qualifications.

Apply Through Our Website: We encourage you to submit your application through our website. Itโ€™s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining our team!

How to prepare for a job interview at Chartered Institute of Procurement and Supply (CIPS)

โœจKnow 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 manage costs effectively.

โœจUnderstand the Project Lifecycle

Familiarise yourself with the entire project lifecycle, from inception to delivery. Be prepared to discuss your experience in each phase, especially in tendering and contract negotiation. This will show your comprehensive understanding of the role and how you can contribute to the teamโ€™s success.

โœจShowcase Your Leadership Skills

As part of the senior leadership team, your ability to lead and mentor is crucial. Think of examples where you've successfully led a team or developed talent within your organisation. Highlight your communication skills and how you've fostered collaboration among stakeholders.

โœจBe Ready for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities and commercial awareness. Prepare by thinking through potential challenges you might face in the role and how you would address them. This will demonstrate your strategic thinking and resilience in managing risks.

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