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- Tasks: Lead commercial strategy and manage project budgets for high-end residential developments.
- Company: Reputable residential developer with over 20 years of delivering complex projects.
- Benefits: Full-time interim role with potential relocation assistance.
- Other info: Opportunity to mentor a high-performance team and enhance your career.
- Why this job: Shape the future of luxury housing while driving financial success.
- Qualifications: Proven experience in cost management and contract negotiation in residential development.
The predicted salary is between 60000 - 80000 £ 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. The role would suit an existing Commercial Director who has gained experience within a residential developer who has a consistent record of delivery.
This role is offered on a full-time, interim basis. There is a potential opportunity for relocation assistance if required.
Commercial Executive employer: Potensis
Contact Detail:
Potensis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Executive
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online groups. The more people you know, the better your chances of hearing about opportunities that might not even be advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their commercial strategy and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate, but someone who truly gets their vision.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and highlight any key points from your conversation.
✨Tip Number 4
Don’t forget to check out our website for the latest job openings. We’re always on the lookout for talented individuals like you, and applying directly through us can give you an edge in the hiring process!
We think you need these skills to ace Commercial Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Commercial Executive role. Highlight your achievements in commercial strategy, cost management, and stakeholder engagement to show us you’re the right fit.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about this role and how your background in residential development makes you the perfect candidate. Keep it concise but impactful!
Showcase Your Financial Acumen: Since this role requires strong financial skills, be sure to include specific examples of your experience with budgeting, forecasting, and cost control. We want to see how you've maximised profitability in past projects.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at Potensis
✨Know Your Numbers
As a Commercial Executive, 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
Since contract negotiation is key in this role, prepare to showcase your negotiation strategies. Think of instances where you secured favourable terms with suppliers or subcontractors. Highlight your approach to achieving the best value while maintaining strong relationships.
✨Showcase Your Stakeholder Engagement Skills
This position requires collaboration with various teams and external partners. Prepare to share experiences where you effectively communicated project status and commercial performance. Emphasise your ability to manage and mentor teams, fostering a high-performance culture.
✨Understand Risk Management
Be ready to discuss how you've identified and mitigated commercial risks in past projects. Provide examples of your proactive measures to minimise financial exposure and ensure compliance with legal and regulatory obligations. This will show your depth of understanding in managing complex projects.