Assistant Commercial Manager in London

Assistant Commercial Manager in London

London Full-Time 35000 - 45000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage project finances, monitor costs, and support the commercial lead in achieving profit targets.
  • Company: Join a leading firm known for its commitment to excellence and teamwork.
  • Benefits: Gain valuable experience in a dynamic environment with opportunities for professional growth.
  • Other info: Ideal for proactive individuals eager to develop their skills and advance their careers.
  • Why this job: Be part of exciting projects and make a real impact in the construction industry.
  • Qualifications: BSc in Quantity Surveying; MCIOB or RICS membership is a plus but not essential.

The predicted salary is between 35000 - 45000 £ per year.

Reporting to: Commercial Manager

Experience in fit‑out, refurb‑ and new build is desirable. The candidate is also likely to be either MCIOB or RICS or working towards one of these accreditations, although not essential. You will have a desire to succeed, communicate effectively, be pro‑active, diligent and enthusiastic about your role. A professional approach always towards fellow colleagues, co‑workers and clients alike is paramount, maintaining relationships throughout the course of the project and beyond.

The candidate’s background should include all or most of the following experience:

  • £1m to £10m project experience as Assistant CM.
  • Experience in procurement of sub‑contract and sub‑consultant packages.
  • Experience of JCT contracts.
  • Experience of monitoring and reporting accurate costs to the commercial lead.
  • Experience of negotiating and closing final accounts.
  • Assist the commercial lead in financial reporting on key projects delivering to agreed targeted profit margins, maximising the commercial success of the project.
  • Ensure Structure‑Tone's best practice policies are adhered to, for continuous improvement in financial reporting.

Key Deliverables & Responsibilities:

  • Accurate and timely project financial management.
  • Monitor financial resources on projects ensuring key risks are clearly identified and brought to the attention of the Commercial Manager.
  • Provide regular cash flow forecast reports ensuring positive cash flow is achieved where possible.
  • Assist in producing monthly Internal Cost Value Reconciliation (CVR) reports.
  • Attend financial meetings as required and contribute where necessary.
  • Assist / take the lead in providing cost reconciliation reports on sub‑contract tender returns to inform appointments.
  • Assist / take lead in compiling sub‑contract / sub‑consultant appointments.
  • Assist / take lead in producing monthly sub‑contractors’ payments.
  • Assist / take lead in providing accurate measures and take‑offs of project packages.
  • Provide support as and when required to junior surveyors.
  • Adhere to Structure‑Tone's internal CMiC operating procedures.

Key Qualifications and Memberships:

  • BSc in Quantity Surveying.
  • Member of or working towards the Royal Institution of Chartered Surveyors (Desired) but not essential.

Relationship Colleagues:

  • Proactive, diligent, able and willing to think ahead.
  • Values: the jobholder must understand the values of the business and respond positively.
  • Ability to communicate positively and effectively.
  • Structured approach: focused, thorough, high level of attention to detail.

Assistant Commercial Manager in London employer: STO Building Group Careers

As an Assistant Commercial Manager at Structure Tone, you will thrive in a dynamic work environment that prioritises professional growth and collaboration. Our commitment to best practices in financial management and project delivery ensures that you will be part of a team that values your contributions while providing opportunities for career advancement. Located in a vibrant area, we offer a supportive culture that encourages innovation and fosters strong relationships with colleagues and clients alike.

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Contact Details:

STO Building Group Careers Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Commercial Manager in London

Join Construction Networks

Get yourself involved in local construction networks or industry events. They often have job boards, and networking can lead to unadvertised positions. Plus, it’s a great way to meet potential future colleagues!

Show Off Your Skills on Site

If you’ve done any hands-on work, whether it's through internships or personal projects, make sure you can showcase it. Consider volunteering for local construction projects or getting involved in community build days; it’s a solid way to demonstrate your skills and build connections.

Utilise Construction Job Sites

Don't just rely on the big job boards. Look at niche construction job sites—many companies prioritise these for full-time roles. Apply through these sites, but don’t forget to reach out directly to companies you admire, like STO Building Group Careers, to express your interest!

Tailor Your Application for Full-Time Roles

Make your application stand out by tailoring it specifically for full-time positions. Highlight how your previous projects align with the company's work. At StudySmarter, we encourage you to demonstrate your commitment and long-term interest in the industry when applying for roles like Assistant Commercial Manager at STO Building Group Careers.

We think you need these skills to ace Assistant Commercial Manager in London

Project Financial Management
Procurement of Sub-Contract Packages
JCT Contracts
Cost Monitoring and Reporting
Negotiation Skills
Financial Reporting
Cash Flow Forecasting

Some tips for your application 🫡

Showcase Your Relevant Experience:In the construction industry, it's essential to highlight any hands-on experience you have. Whether it’s past projects you've worked on or specific roles you've held, make sure your CV emphasises your practical skills and contributions to construction sites.

Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.

Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.

Adapt Your CV Format to the Field:Ensure your CV is clear and easy to read, with sections dedicated to skills such as project management, technical abilities, and site supervision. Construction roles often require a blend of technical know-how and soft skills, so make sure both are highlighted effectively.

How to prepare for a job interview at STO Building Group Careers

Brush Up on Technical Knowledge

For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.

Showcase Your Projects

Since this is a full-time position, be ready to discuss any previous construction projects you've worked on. Bring a portfolio or have detailed descriptions that highlight your role, the challenges you faced, and how you overcame them—this’ll show you’re not just book-smart but also practically savvy.

Understand the Team Dynamics

Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.

Prepare for On-the-Spot Problem Solving

Be ready for some practical questions or scenarios where you'll need to demonstrate your problem-solving skills. Interviewers might present you with a hypothetical construction issue to solve, so practice articulating your thought process clearly and logically—this could really set you apart!