Commercial Manager

Location Hull
Discipline: Administration & Business Services
Job type: Permanent
Salary: £50,000 - £65,000 DOE
Contact name: Hannah

Contact email: hannah@cprec.co.uk
Contact phone: 01485 205808
Job ref: 666317
Published: about 1 month ago
Expiry date: 18 Dec 2024 23:59
On behalf of our fast growing and well respected client, Consortium are looking for an experienced Commercial Manager, with extensive knowledge of NEC 3 & 4 Contracts. Reporting to the Head of Finance, you will be responsible for being the main point of contact for their clients and internal stakeholders, ensuring favourable contracts are negotiated, project deadlines are being met and the commercial performance of the business is being optimised at all times.

About the role:
The Commercial Manager will be responsible for managing the commercial aspects of major projects, ensuring profitability, risk management, and contract compliance. The role requires significant expertise in managing the financial and contractual performance, including experience with NEC 3 and NEC 4 contracts and experience of acting as the principal contractor, as well as sub-contractor partnerships is essential. The Commercial Manager will work closely with project teams, clients, and sub-contractors to ensure effective cost control, timely delivery, and resolution of any commercial issues.

Key Responsibilities:
    • Manage and oversee the commercial aspects of projects, ensuring all contractual obligations are met.
    • Negotiate, review, and draft contracts, particularly NEC 3 and NEC 4 contracts, ensuring that terms and conditions are aligned with company standards.
    • Act as the main point of contact for contractual matters, providing advice on risk and legal obligations.
    • Ensure that project timelines and contractual deadlines are adhered to, and assess the impact of changes on contract terms
    • Develop and monitor project budgets, ensuring that financial performance meets company targets.
    • Review and approve project cost reports, forecasts, and invoices to ensure financial integrity.
    • Track project costs, identify potential cost overruns, and implement corrective actions to maintain project profitability.
    • Maintain strong relationships with clients, ensuring customer satisfaction and ongoing business development opportunities.
    • Prepare and present reports on project performance to senior management, highlighting key commercial risks and opportunities.
    • Ensure compliance with company policies, industry regulations, and health and safety standards.
Key Skills & Qualifications:

Experience:

    • Strong experience in managing NEC 3 and NEC 4 contracts, including familiarity with their commercial and risk management processes.
    • Experience in negotiating terms and framework agreements with clients and partners, project cost management, budgeting, and financial reporting.
    • Proven track record in managing large-scale projects, including design, installation, and maintenance.
    • Familiarity with CRM systems and tracking KPIs 
Skills:
    • Strong negotiation skills and the ability to resolve disputes effectively.
    • Ability to assess and manage risks, with a proactive approach to risk mitigation.
    • High-level financial acumen, with the ability to analyse and report on project performance.
    • Excellent communication skills, both written and verbal, with the ability to engage effectively with clients, subcontractors, and internal stakeholders
    • Strong attention to detail with excellent organisational skills.
    • Ability to work under pressure and meet deadlines.
    • A strategic thinker with the ability to make sound decisions.
    • A proactive problem solver with a customer-focused approach. 
Qualifications:
    • A degree in Business Management, Business Development, Finance, Quantity Surveying or similar
The client are offering an attractive salary of £50,000 - £65,000 DOE as well as attractive benefits and a fantastic work culture.

If this sounds like the role for you, then apply now!

Consortium Professional Recruitment Ltd are a professional level recruitment consultancy specialising in the delivery of high relevance recruitment services on behalf of our clients across the UK. We regularly receive large responses to our advertising which can make providing individual feedback to every applicant challenging. If you haven’t received a reply from us within 14 day of your application, we regret to say your application has been unsuccessful on this occasion. We have a policy of retaining your details for future vacancies unless you request otherwise.