At a Glance
- Tasks: Lead and inspire the commercial team to drive profit and achieve departmental targets.
- Company: Vistry Thames Valley is a top UK housebuilder focused on integrity, caring, and quality.
- Benefits: Enjoy competitive salary, annual bonus, up to 39 days leave, private medical insurance, and more!
- Why this job: Join a responsible developer with a strong culture and commitment to sustainable communities.
- Qualifications: Degree in Surveying or similar, experience in residential building, and strong leadership skills required.
- Other info: Agile working arrangements available; be part of an award-winning employer and top-rated workplace.
The predicted salary is between 54000 - 84000 ÂŁ per year.
In a Nutshell… We have an exciting opportunity for a Commercial Director to join our team within Vistry Thames Valley, at our Reading office. As our Commercial Director, you will direct and lead the commercial strategy of the Business Unit whilst leading, inspiring and motivating the commercial team in order to generate profit. You will have overall responsibility for the regional Surveying, Buying and Estimating teams and will lead, coach and develop the team to meet departmental targets and achieve success. You will develop, review and implement the Company’s strategic commercial objectives and be responsible for ensuring accurate financial cost control, budgeting and forecasting. We are pleased to say, this role could accommodate agile working arrangements in accordance with Vistry’s Agile Working Policy and subject to business need. Let’s cut to the chase, what’s in it for you… Competitive basic salary and annual bonus Company car, car allowance or travel allowance Salary sacrifice car scheme available to all employees Up to 33 days annual leave plus bank holidays increasing to up to 39 days with service 2 Volunteering days per annum Private medical insurance, with employee paid cover Enhanced maternity, paternity and adoption leave Competitive pension scheme through salary sacrifice Life assurance at 4 x your annual salary Share save and share incentive schemes Employee rewards portal with many more benefits…In return, what we would like from you… Behave in line with our company values – Integrity, Caring and Quality Degree in Surveying, Building or similar Experience working within a residential house builder Experience of people management and project leading A good understanding or building regulations and legal obligations A good knowledge or construction methods and materials Be an inspirational leader and a strong team player Experience of supporting business growth Well-developed analytical, oral and presentation / communication skills Ability to formulate commercial plans and ensure full engagementDesirable… A Member of the Chartered Institute of Building (CIOB), or Royal Institute of Chartered Surveyors (RICS) Committed to chosen profession by continued self-development, i.e., short courses, seminarsMore about the Commercial Director role… To define, direct and lead a commercial strategy that balances risk to the business with opportunity for income generation to reinvest in the business. To define, direct and lead a commercial strategy that balances risk to the business with opportunity for income generation to reinvest in the business. Manage relationships with subcontractors and third parties to understand their requirements, negotiating ongoing contracts with suppliers and making recommendations as required Anticipate future market developments by working consistently at a strategic level, conducting market research and analysis to create detailed business plans on commercial opportunities as well as to understand any potential risks or threats To direct and lead the governance of the Commercial team, ensuring proper accountability for, and reporting of, all commercial activity and the development of appropriate control systems. To direct the performance of existing commercial business ventures ensuring that contracts are fulfilled, and profit targets are delivered. Oversee the preparation of and authorise land purchase construction budgets and project completion analysis Take responsibility for Construction Surveying duties including budget preparation, cost to completes, authorisation of subcontractor procurement, payments and claims Monitor and oversee the maintenance and updating of development budgets and cashflows. Including Monitoring performance of both cost and cashflow against annual budget to ensure delivery against financial quarter end targets. Advise the wider team on technical solutions, buildability and costs at design stage in conjunction with the Construction Director Prepare relevant KPI and reporting information for senior management/board meetings with the Regional Managing Director and Divisional Chair. To help define and embed a commercial approach to the running of the department across all levels of the hierarchy. Work with the senior management team to collaboratively guide the development of professional standards, commercial contracts, and service level agreements. Collaborate with and coordinate a strong working relationship amongst key stakeholders within the business, namely Development, Construction and Customer Services To take steps to identify and manage risks commercial and otherwise. To actively support land bid submissions throughout the business unit. To build and maintain effective relationships with key working partners, including the development of strong links at all levels of the business. Market the organisation’s capabilities in the delivery and management of commercial activities and maintain Vistry Homes profile with customers/clients, external bodies, suppliers, and other stakeholders. Manage relationships and cashflow with our RP & PRS partners Manage risk and ensure compliance with legal, regulatory, and internal procedural requirements. Manage and support the performance and development of the Commercial team.Finally, let’s tell you a bit more about us… We build more than homes, we’re making Vistry. Being a responsible developer and award-winning employer means we live each day through our ethos – doing the right thing. Our behaviours reflect this, as well as our values of integrity, caring and quality. Shaping all we do; they empower us to develop sustainable communities across affordable and private housing. We work in a partnership-led way, and you’ll recognise our renowned brands Bovis Homes, Linden Homes and Countryside Homes. Together with Vistry Works, our manufacturing operation, and the functional support of Vistry Services, we’re a proud UK Green Building Council member, UK top five housebuilder with a five-star House Builders Federation (HBF) customer satisfaction rating, and winner of many awards including Top Employer, Global Top Inspiring Workplaces, and Best for Talent Attraction and Outreach. Join us in making Vistry. #LI-HA1
Commercial Director employer: Vistry Group PLC
Contact Detail:
Vistry Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Director
✨Tip Number 1
Familiarize yourself with Vistry's core values: Integrity, Caring, and Quality. During your interactions, whether in interviews or networking, demonstrate how your personal values align with these principles to show that you're a cultural fit.
✨Tip Number 2
Research the latest trends in residential construction and commercial strategy. Being able to discuss current market developments and how they impact Vistry will showcase your strategic thinking and industry knowledge.
✨Tip Number 3
Network with professionals in the construction and surveying fields, especially those who have experience with residential house builders. Building relationships can provide insights into the role and may lead to referrals.
✨Tip Number 4
Prepare to discuss your leadership style and experiences in managing teams. Highlight specific examples where you inspired and motivated your team to achieve targets, as this is crucial for the Commercial Director role.
We think you need these skills to ace Commercial Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial strategy, team leadership, and project management. Use specific examples that demonstrate your ability to generate profit and manage teams effectively.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your values align with Vistry's ethos of integrity, caring, and quality, and provide examples of how you've embodied these values in your previous roles.
Highlight Relevant Qualifications: Clearly mention your degree in Surveying, Building, or a related field, as well as any memberships in professional organizations like CIOB or RICS. This will show your commitment to the profession and your qualifications for the role.
Showcase Leadership Skills: Provide examples of your experience in leading and developing teams. Highlight your ability to inspire and motivate others, as well as your experience in managing relationships with subcontractors and stakeholders.
How to prepare for a job interview at Vistry Group PLC
✨Showcase Your Leadership Skills
As a Commercial Director, you'll need to inspire and motivate your team. Prepare examples of how you've successfully led teams in the past, focusing on your ability to coach and develop others.
✨Demonstrate Financial Acumen
Be ready to discuss your experience with budgeting, forecasting, and financial cost control. Highlight specific instances where your financial strategies have positively impacted a project's profitability.
✨Understand Market Trends
Research current market developments in the residential building sector. Be prepared to discuss how you would anticipate future trends and incorporate them into your commercial strategy.
✨Align with Company Values
Vistry emphasizes integrity, caring, and quality. Reflect on how your personal values align with these and be ready to share examples that demonstrate your commitment to these principles in your professional life.