At a Glance
- Tasks: Lead and inspire the commercial strategy while managing teams for profit generation.
- Company: Join Vistry, a top UK housebuilder committed to integrity and quality.
- Benefits: Enjoy competitive salary, bonus, company car, and up to 39 days annual leave.
- Other info: Flexible working options and a culture of collaboration await you.
- Why this job: Make a real impact in shaping sustainable communities and driving business growth.
- Qualifications: Degree in Surveying or similar, with experience in residential building and team leadership.
The predicted salary is between 43200 - 72000 £ per year.
We have an exciting opportunity for a Commercial Director to join our team within Vistry North West Midlands, at our Wolverhampton 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 value in-person collaboration and team culture, but we're also committed to supporting flexible working where possible. We encourage you to raise any specific requirements during the interview process so we can explore how this could be accommodated.
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 of building regulations and legal obligations
- A good knowledge of 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 engagement
Desirable:
- 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, seminars.
More 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.
- 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 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.
Commercial Director in Wolverhampton employer: Vistry Group PLC
Contact Detail:
Vistry Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Director in Wolverhampton
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values, like integrity and quality, so you can show how you align with them. Tailor your answers to reflect what they’re looking for in a Commercial Director.
✨Tip Number 3
Practice your pitch! Be ready to articulate your experience and how it relates to the role. Highlight your leadership skills and ability to drive commercial strategies that generate profit—this is key for a Commercial Director.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit for their team.
We think you need these skills to ace Commercial Director in Wolverhampton
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in commercial strategy and team leadership. We want to see how your skills align with our values of integrity, caring, and quality.
Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of how you’ve driven profit and managed teams successfully. We love seeing quantifiable results that demonstrate your impact!
Be Authentic: Let your personality shine through in your application. We’re looking for someone who can inspire and motivate others, so don’t be afraid to show us what makes you unique and passionate about the role.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure it gets into the right hands and shows us you’re serious about joining our team at Vistry North West Midlands.
How to prepare for a job interview at Vistry Group PLC
✨Know Your Numbers
As a Commercial Director, you'll need to demonstrate your financial acumen. Brush up on key metrics related to budgeting, forecasting, and cost control. Be ready to discuss how you've successfully managed budgets in the past and how you plan to ensure financial success for the company.
✨Showcase Your Leadership Style
This role requires inspiring and motivating a team. Prepare examples of how you've led teams in previous roles, focusing on your coaching and development strategies. Highlight any successful projects where your leadership made a significant impact.
✨Understand the Market
Familiarise yourself with current trends in the residential building sector. Be prepared to discuss how you would anticipate market developments and leverage them for business growth. Showing that you can think strategically will set you apart.
✨Align with Company Values
Vistry values integrity, caring, and quality. Think about how these values resonate with your own professional ethos. During the interview, share specific instances where you've embodied these values in your work, especially in challenging situations.