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- Tasks: Oversee project costs, manage subcontractors, and ensure financial compliance.
- Company: Established international contractor with a century of experience in construction.
- Benefits: Competitive salary, career growth, and diverse project exposure.
- Why this job: Join a leading firm and shape the future of iconic buildings.
- Qualifications: Experience in quantity surveying and strong financial management skills.
- Other info: Dynamic projects across various sectors with opportunities for professional development.
The predicted salary is between 60000 - 80000 £ per year.
Client: Our client is a main contractor that has been established for over 100 years and has steadily grown into an international business. Over this time, they have constructed, renovated and successfully delivered over 1,000 buildings.
Sectors: Residential, Commercial Offices, Student Accommodations, Hotel & Leisure, Industrial, Healthcare & Pharmaceutical, Data Centres, etc.
Project Details:
- 180+ Units + 90,000ft2 Commercial Space
Roles and responsibilities include but are not limited to:
- Control all expenditure
- Reconcile cost/value reports and profit forecasts
- Sub-contract procurement and commercial management
- Management and control of sub-contract accounts and variation accounts
- Assisting and liaising with the buyers on materials procurement and buying opportunities
- To manage the day-to-day cost control, monitoring and reporting
- Develop an understanding of the designated contract, specification and pricing ensuring compliance with conditions throughout
- Measure progress, submit valuations, submit final accounts and retention release, and monitor receipt of payment in a timely manner in accordance with the contracts
- Process subcontractor requests for payment
- Completing a monthly cost / valuation report and cash flow for the designated projects
- Where appropriate, assist with estimates and negotiations for future projects or phases
- Attend project and company related meetings
- Ensure the company is neither compromised nor disadvantaged by a contractual or financial arrangement
- Manage the costs on a project to ensure both the company and the client is fully advised of the cost situation
- Sufficiently manage the financial aspects of the project to ensure the correct safety equipment is used at all times
- Ensure timely cash flow management for the Client and the group, and the supply chain
Commercial Lead employer: Recco
Contact Detail:
Recco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Lead
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their values and recent developments in the construction sector. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on articulating your experience in cost control and project management clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s land that job together!
We think you need these skills to ace Commercial Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Lead role. Highlight your experience in cost control, procurement, and project management. We want to see how your skills align with what our client is looking for!
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. Share specific examples of your past successes in managing costs and working with subcontractors.
Showcase Relevant Experience: When filling out your application, be sure to showcase any relevant experience in sectors like residential or commercial projects. We love seeing candidates who understand the industry and can hit the ground running!
Apply Through Our Website: Don’t forget to apply through our website! It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves. We can’t wait to hear from you!
How to prepare for a job interview at Recco
✨Know Your Numbers
As a Commercial Lead, you'll be expected to control expenditure and manage costs effectively. Brush up on your financial metrics and be ready to discuss how you've successfully managed budgets in the past. Bring examples of cost/value reports you've reconciled or profit forecasts you've developed.
✨Understand the Contract Inside Out
Familiarise yourself with the specifics of the contract related to the role. Be prepared to discuss how you ensure compliance with contract conditions and how you've handled variations in previous projects. This shows that you can navigate complex contractual landscapes.
✨Showcase Your Procurement Skills
Since procurement is a key part of the role, think about your experiences with sub-contract procurement and commercial management. Have examples ready that demonstrate your ability to negotiate and manage supplier relationships effectively.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to cost control and cash flow management. Prepare by thinking through how you would handle potential challenges, such as delays in payment or unexpected costs, and articulate your thought process clearly.