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- Tasks: Lead contract negotiations and manage project budgets while ensuring compliance and risk mitigation.
- Company: Join a leading power generation company making waves in the construction industry.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment in London.
- Why this job: Be at the forefront of impactful projects, collaborating with diverse teams and enhancing profitability.
- Qualifications: Degree in Quantity Surveying or related field; experience in commercial management is essential.
- Other info: Ideal for those passionate about construction and eager to make a difference.
The predicted salary is between 43200 - 72000 £ per year.
JDL Recruitment are excited to be partnering with a leading power generation company who are looking to add a Commercial Manager to their growing team in London .
Responsibilities:
- Lead the contract negotiation process, ensuring that all agreements align with the company’s commercial interests.
- Monitor compliance with contract terms and conditions, identifying and mitigating risks.
- Manage claims and variations, ensuring timely submission and agreement of additional costs.
- Oversee the preparation and submission of interim valuations and final accounts.
- Ensure accurate cost forecasting and reporting, monitoring project budgets and cash flows.
- Provide detailed financial reports and advice to senior management to aid in decision-making.
- Assistance Manage the procurement process, including sourcing, tendering, and selection of subcontractors and suppliers.
- Negotiate contracts and ensure that subcontractor agreements meet the project requirements and budget constraints.
- Collaborate with project teams to ensure cost efficiency and value for money throughout the project lifecycle.
- Advise on and implement value engineering solutions to enhance profitability.
- Ensure that all commercial activities comply with the company’s policies, legal requirements, and industry standards.
- Build and maintain strong relationships with clients, consultants, and subcontractors to ensure smooth project delivery.
- Act as the key point of contact for all commercial matters, providing advice and support to internal and external stakeholders.
- Resolve disputes and manage claims promptly and efficiently to minimize project disruption.
- Identify commercial risks and opportunities throughout the project lifecycle, implementing strategies to manage and mitigate risks.
- Support the project team in minimizing potential financial losses and maximizing profit margins.
Requirements:
- Degree in Quantity Surveying, Construction Management, or a related field.
- Proven experience as a Commercial Manager, Senior Quantity Surveyor, or similar role in the construction industry.
- In-depth knowledge of construction contracts, procurement, and financial management, with experience in FIDIC, JCT, or other relevant contract forms.
- Strong understanding of cost control, budget management, and financial reporting.
- Excellent negotiation and communication skills, with the ability to influence key stakeholders.
- Strong leadership and team management skills, with experience in managing commercial teams.
- High attention to detail and strong problem-solving abilities.
- Familiarity with construction project management software and financial systems.
- Membership with relevant professional bodies (e.g., RICS, CIOB) is desirable.
Commercial Manager employer: JDL Recruitment
Contact Detail:
JDL Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Manager
✨Tip Number 1
Make sure to highlight your experience in contract negotiation and compliance during networking events or informal meetings. Building relationships with industry professionals can lead to referrals and insider information about job openings.
✨Tip Number 2
Stay updated on the latest trends and changes in construction contracts and procurement processes. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Consider joining relevant professional bodies like RICS or CIOB. Networking through these organizations can provide valuable connections and insights into job opportunities that may not be publicly advertised.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed commercial risks and improved profitability in past roles. Being able to articulate your successes will set you apart from other candidates.
We think you need these skills to ace Commercial Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial management and construction. Emphasize your skills in contract negotiation, financial reporting, and risk management, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the power generation industry and your ability to lead commercial activities. Mention specific achievements that demonstrate your negotiation skills and financial acumen.
Highlight Relevant Qualifications: Clearly state your degree in Quantity Surveying or Construction Management, and any memberships with professional bodies like RICS or CIOB. This will strengthen your application and show your commitment to the field.
Showcase Leadership Experience: Provide examples of your leadership and team management skills. Discuss how you've successfully managed commercial teams and resolved disputes in previous roles, as this is essential for the position.
How to prepare for a job interview at JDL Recruitment
✨Showcase Your Negotiation Skills
As a Commercial Manager, negotiation is key. Prepare examples from your past experiences where you successfully negotiated contracts or resolved disputes. Highlight your approach and the outcomes to demonstrate your effectiveness.
✨Demonstrate Financial Acumen
Be ready to discuss your experience with financial management, cost control, and budget forecasting. Bring specific examples of how you've managed project budgets and improved profitability in previous roles.
✨Understand the Company’s Projects
Research the power generation company and its projects. Familiarize yourself with their contract types and any recent news. This knowledge will help you tailor your responses and show your genuine interest in the role.
✨Prepare for Behavioral Questions
Expect questions that assess your leadership and problem-solving skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers, focusing on how you've led teams and managed commercial risks in the past.
