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Surrey, United Kingdom Pertemps TM Full timeJob Title: Commercial ManagerWe are seeking a highly motivated and experienced Commercial Manager to join our team. The successful candidate will be responsible for overseeing the commercial aspects of multiple M&E projects, ensuring financial performance, compliance with contractual obligations, and effective risk management.Key Responsibilities:Financial...
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Commercial Manager
2 months ago
RGB Network is seeking a highly motivated and experienced Commercial Manager to join their team. The successful candidate will be responsible for overseeing the commercial aspects of multiple projects, ensuring financial performance, compliance with contractual obligations, and effective risk management.
Key Responsibilities- Financial Management
- Lead the financial management of projects, including cost control, budgeting, and forecasting to ensure profitability.
- Monitor project expenditure and provide regular reports on financial performance to senior management.
- Oversee cash flow management, including invoicing, payment applications, and timely collections.
- Ensure robust cost control systems are in place to manage and track variations, additional works, and project changes.
- Contract Management
- Review and negotiate contracts with clients, subcontractors, and suppliers to ensure favourable terms and compliance with company standards.
- Ensure that all contractual obligations are fully understood and met, including risk management and dispute resolution.
- Manage the contractual relationships throughout the project lifecycle, from tender stage to project completion and final account settlement.
- Handle claims management, including assessment, negotiation, and resolution of claims and disputes.
- Risk Management
- Identify, assess, and mitigate commercial risks across projects to protect the company's financial interests.
- Develop and implement risk management strategies, ensuring that risks are adequately controlled and managed throughout the project lifecycle.
- Lead the resolution of disputes and manage contractual claims to avoid litigation.
- Procurement and Supply Chain Management
- Collaborate with procurement teams to ensure the timely and cost-effective sourcing of materials and subcontractors.
- Negotiate favourable terms with suppliers and subcontractors, ensuring alignment with project requirements and budgets.
- Monitor supply chain performance and address any issues that could impact project timelines or budgets.
- Client Relationship Management
- Build and maintain strong relationships with clients, subcontractors, and other key stakeholders.
- Act as the primary point of contact for commercial matters with clients, providing regular updates on financial status and contractual issues.
- Address client concerns and negotiate solutions that protect the company's commercial interests while maintaining client satisfaction.
- Team Leadership and Development
- Lead and mentor a team of quantity surveyors and commercial staff, fostering a high-performance culture and supporting their professional development.
- Collaborate with project managers, engineers, and other internal teams to ensure commercial objectives are aligned with overall project goals.
- Provide commercial guidance and support to project teams to ensure effective decision-making and risk management.
- Reporting and Analysis
- Prepare and present detailed financial and commercial reports to senior management, highlighting key performance indicators, risks, and opportunities.
- Conduct regular financial reviews and project audits to ensure compliance with budgets and financial forecasts.