At a Glance
- Tasks: Lead commercial strategy and ensure project budgets align with financial goals.
- Company: Join a respected residential developer known for high-end, design-led projects.
- Benefits: Full-time interim role with potential relocation assistance.
- Other info: Opportunity to mentor a high-performance team and enhance your career in a dynamic environment.
- Why this job: Make a significant impact on complex projects while driving profitability and team success.
- Qualifications: Proven experience in cost management and contract negotiation within residential development.
The predicted salary is between 80000 - 100000 £ per year.
Potensis is pleased to partner with a trusted and respected Residential Developer who has developed an enviable reputation for consistently delivering high-end, complex and design-led projects for over 20 years. We are looking for a Commercial Director who will work closely with the development, sales, finance, and construction teams to ensure that commercial goals align with the business's overall vision, cost targets, and delivery schedules.
Commercial Strategy and Planning: Define and execute a comprehensive commercial strategy that aligns with the project’s financial objectives and long-term goals. Drive value engineering processes to optimize costs without compromising on quality. Oversee project budgets, cost forecasts, and financial reporting, ensuring alignment with expected cash flows and profit margins. Continuously monitor budget performance to identify areas for improvement and risk. Direct procurement activities, negotiating contracts with suppliers, subcontractors, and consultants to secure the best value. Implement robust cost control measures to manage expenses and achieve commercial targets.
Contract Management: Lead contract negotiation, execution, and management, ensuring that all parties adhere to agreed terms and conditions.
Risk Management: Identify and assess potential commercial risks, developing mitigation strategies to minimize financial exposure. Maintain oversight of compliance with legal, regulatory, and contractual obligations.
Stakeholder Engagement: Collaborate with internal teams, investors, and external partners to communicate commercial performance and project status. Manage and mentor the commercial team, promoting a high-performance culture.
The ability to maximise the financial effectiveness and profitability of the business through diligent application of agreed contractual and commercial practices, with the careful management of risk from tender stage through to final completion. This will include strategy, main and subcontract tender procurement, risk management, pre and post contract, margin improvement and people development.
Strong financial acumen, with a proven track record of successful cost management, forecasting, and budgeting on complex, large-scale projects, ideally with a focus on high-end residential or mixed-use developments. Expertise in procurement, contract negotiation, and management, with a robust understanding of UK legal and regulatory requirements.
This role is offered on a full-time, interim basis. There is a potential opportunity for relocation assistance if required.
Commercial Director, Housebuilding employer: Potensis
Contact Detail:
Potensis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Director, Housebuilding
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know, the better your chances of landing that Commercial Director role.
✨Tip Number 2
Showcase your expertise! Prepare a portfolio or case studies highlighting your successful projects and strategies. When you meet potential employers, let them see how you can drive value and optimise costs.
✨Tip Number 3
Be proactive in your job search! Don’t just wait for roles to be advertised. Reach out directly to companies you admire, like Potensis, and express your interest in working with them. You never know what opportunities might arise!
✨Tip Number 4
Utilise our website for job applications! We’ve got a range of roles that could be perfect for you. Applying through us not only streamlines the process but also gives you access to exclusive opportunities.
We think you need these skills to ace Commercial Director, Housebuilding
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Commercial Director in Housebuilding. Highlight your experience with high-end projects and your knack for managing budgets and contracts. We want to see how your skills align with our vision!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Share specific examples of how you've driven commercial strategies and managed risks in past projects. Keep it engaging and relevant!
Showcase Your Financial Acumen: Since this role requires strong financial skills, make sure to highlight your experience with cost management, forecasting, and budgeting. We love numbers, so don’t shy away from showcasing your achievements in these areas!
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. Plus, it’s super easy!
How to prepare for a job interview at Potensis
✨Know Your Numbers
As a Commercial Director, you'll need to demonstrate strong financial acumen. Brush up on your budgeting, forecasting, and cost management skills. Be ready to discuss specific examples of how you've optimised costs in previous projects without compromising quality.
✨Master the Art of Negotiation
Negotiating contracts is a key part of this role. Prepare by reviewing your past negotiation experiences and think about what strategies worked best for you. Be ready to share how you secured the best value for your projects and how you managed supplier relationships.
✨Showcase Your Stakeholder Engagement Skills
This position requires collaboration with various teams and external partners. Think of examples where you've successfully communicated project status or performance to stakeholders. Highlight your ability to manage and mentor teams, as well as how you foster a high-performance culture.
✨Understand Risk Management
Be prepared to discuss how you've identified and mitigated commercial risks in your previous roles. Share specific strategies you've implemented to minimise financial exposure and ensure compliance with legal and regulatory obligations.