Position Summary:
A Commercial Managers is responsible for the financial management of standard projects from inception, from tendering to, negotiating and agreeing contracts, and then commercial delivering Projects often worth many millions of pounds. They are an integral part of the project delivery team where they hold key responsibilities associated with the commercial and financial success of each project. Commercial managers are experienced individuals who have risen through the ranks of the industry and their role is broad and includes anything from risk management to procurement, financial reporting and managing the supply chain. They will have proven skills in commercial awareness, client liaison, project management and team leadership. They will also have an extensive understanding of the construction industry, flexibility and a talent for negotiation. Typically they will have a track record of managing and developing a commercial team and be themselves a Chartered Member of the RICS, ICES or CIOB, and a mentor/role model to other commercial staff on their journey to becoming professionally qualified.
Key Responsibilities:
- Maximises digital opportunities;
- To manage the preparation and review of Earned Value Management;
- Willing to take initiative to respond to customer requirements;
- Manage the preparation of the monthly CVR and associated commercial reports;
- Provides commercial input to Value Engineering reviews for different forms of construction;
- To co-ordinate the commercial team to ensure programme issues are identified and actioned;
- To support the review tenders & cost data;
- Manages commercial aspects with Customer and stakeholders;
- Preparation of Estimates & Tender submissions including the interpretation of specifications & preambles;
- To be able to report and explain the commercial progress to senior divisional staff;
- Has a good knowledge of and adheres to the Companys GMCEs, BMS and other governance;
- Understands how economic factors that affects the construction industry;
- To manage the feedback of commercial data to Planning, Estimating, Marketing and Sales;
- Application of legislation and ability to liaise with legal experts;
- Awareness of disputes resolution including options, structure as well as knowledge of the SCL Protocol;
- To manage the preparation of Target Cost for a Project;
- An ability to see bigger picture;
- Formulation of management plans for resource procurement;
- Establish client supply chain requirements & advise on alternative forms of contract & procurement arrangements;
- Manages the feedback of commercial data to Planning and Estimating;
Required Education & Experience:
- Leadership;
- BSc or MSc in Quantity Surveying or experience equivalent;
- Membership of RICS, ICES or CIOB;
- Achievement Focus (Achieving Results);
- Teamwork;
- Strategic Change Management;
- Manages customer needs;
- Promotes organisational aims & objectives;
- Business and Customer Awareness;
- Communication;