At a Glance
- Tasks: Manage budgets, analyse risks, and drive financial performance in exciting projects.
- Company: Dynamic company focused on innovative facilities management solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace that champions equality and encourages all backgrounds to apply.
- Why this job: Join a team that values your input and helps you grow in the commercial sector.
- Qualifications: Degree in business or relevant field; experience in commercial contracts preferred.
The predicted salary is between 40000 - 50000 £ per year.
Key Responsibilities
- Control and communicate expenditure and maximise income to achieve or exceed budgeted financial performance.
- Ensure the effective management of Projects commercial processes and work closely with the projects teams to drive value.
- Understand the Contract, ensuring that the contract team (both operational and commercial) properly identify and price contract variations and create clear persuasive arguments to achieve proper payment.
- Ensure adherence to contract obligations.
- Mitigate KPI penalties through robust operational performance data analysis and reporting.
- Assess, record and advise managers on risks and opportunities that may influence financial performance.
- Review contract terms and conditions for any new business opportunities and contract variations identifying key commercial risks and preparing legal summary as part of tender sign-off process.
- Develop and implement commercial strategies to achieve business objectives.
- Prepare and manage budgets, forecasts, and financial reports.
- Monitor project costs (Events) and revenues.
- Conduct financial analysis and provide recommendations for cost optimisation.
- Oversee the commercial and financial administration of the contract.
- Ensure compliance with contractual terms and conditions.
- Manage contract variations, claims, and disputes.
- Identify and assess commercial risks and develop mitigation strategies.
- Monitor and manage risks throughout the contract lifecycle.
- Develop and maintain strong relationships with clients, suppliers, and stakeholders.
- Ensure exceptional customer service and satisfaction.
- Oversee Cost Value Reconciliation (CVR) processes.
- Ensure the delivery of Key Performance Indicators (KPIs) and manage financial levers and applications.
- Support the Contract manager in managing Compensation Events (CE) and Early Warning Notices (EWN) to ensure timely and effective resolution.
Additional Responsibilities
- Attending client meetings.
- Submission of Contract Variations.
- Risk management.
- Generation and submission of various reports.
- Supporting WIP, PPM PO renewals.
Essential Hiring Criteria
- Competent in Microsoft Excel and Word.
- Degree educated in a commercial/business/surveying discipline and/or relevant professional qualification.
- Relevant experience working within both complex facilities management contracts.
- Understanding of CCS and NEC4 frameworks in facilities management sector.
- Experience in providing commercial/quantity surveying support to construction and engineering projects.
- Previous knowledge of reviewing different contract commercial models including target cost, fixed price, cost reimbursable.
- High level of commercial awareness including knowledge of current contract legislation.
- Prior commercial experience is preferable.
- Quantity surveying/Law/Accounting and Finance background preferred (not mandatory).
Equal Opportunity Statement
We are an equal opportunities employer and rely on a diverse workforce with a broad range of knowledge, skills, and backgrounds to deliver our goals. We offer an inclusive and welcoming environment and actively encourage applications from all individuals regardless of race, gender, nationality, religion, sexual orientation, disability, or age.
Assistant Commercial Manager in London employer: Manchester Arndale
As an Assistant Commercial Manager, you will thrive in a dynamic and inclusive work environment that prioritises employee growth and development. Our company offers competitive benefits, a strong focus on teamwork, and opportunities to engage with diverse projects that drive financial success. Located in a vibrant area, we foster a culture of innovation and collaboration, ensuring that every team member feels valued and empowered to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Commercial Manager in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Assistant Commercial Manager role.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their commercial strategies and be ready to discuss how you can contribute. We want you to shine, so practice common interview questions and have your own questions ready!
✨Tip Number 3
Showcase your skills! Bring along examples of your previous work, especially those that highlight your financial analysis and risk management abilities. We love seeing how you’ve tackled challenges in the past and what results you achieved.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for talent that fits our culture and values, so make sure you put your best foot forward!
We think you need these skills to ace Assistant Commercial Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Commercial Manager role. Highlight your relevant experience in managing budgets, financial analysis, and contract management. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that demonstrate your commercial awareness and ability to drive value.
Showcase Your Skills:Don’t forget to highlight your proficiency in Microsoft Excel and Word, as well as any relevant qualifications. We’re looking for someone who can hit the ground running, so make sure we see your strengths!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Manchester Arndale
✨Know Your Numbers
As an Assistant Commercial Manager, you'll need to be on top of financial performance. Brush up on your budgeting and forecasting skills before the interview. Be ready to discuss how you've maximised income and controlled expenditure in past roles.
✨Understand the Contracts
Familiarise yourself with contract terms, especially CCS and NEC4 frameworks. Prepare examples of how you've managed contract variations and disputes. This will show that you can navigate complex commercial processes effectively.
✨Showcase Your Analytical Skills
Highlight your experience in financial analysis and risk management. Be prepared to discuss specific instances where your data analysis led to cost optimisation or improved project performance. This will demonstrate your ability to drive value.
✨Build Relationships
Strong relationships with clients and stakeholders are key. Think of examples where you've successfully collaborated with teams or clients to achieve objectives. This will illustrate your commitment to exceptional customer service and satisfaction.
