Commercial Manager
4 days ago
JDL Recruitment are excited to be partnering with a leading power generation company who are looking to add a Commercial Manager to their growing team in London.
Responsibilities:
- Lead the contract negotiation process, ensuring that all agreements align with the company’s commercial interests.
- Monitor compliance with contract terms and conditions, identifying and mitigating risks.
- Manage claims and variations, ensuring timely submission and agreement of additional costs.
- Oversee the preparation and submission of interim valuations and final accounts.
- Ensure accurate cost forecasting and reporting, monitoring project budgets and cash flows.
- Provide detailed financial reports and advice to senior management to aid in decision-making.
- Assistance Manage the procurement process, including sourcing, tendering, and selection of subcontractors and suppliers.
- Negotiate contracts and ensure that subcontractor agreements meet the project requirements and budget constraints.
- Collaborate with project teams to ensure cost efficiency and value for money throughout the project lifecycle.
- Advise on and implement value engineering solutions to enhance profitability.
- Ensure that all commercial activities comply with the company’s policies, legal requirements, and industry standards.
- Build and maintain strong relationships with clients, consultants, and subcontractors to ensure smooth project delivery.
- Act as the key point of contact for all commercial matters, providing advice and support to internal and external stakeholders.
- Resolve disputes and manage claims promptly and efficiently to minimize project disruption.
- Identify commercial risks and opportunities throughout the project lifecycle, implementing strategies to manage and mitigate risks.
- Support the project team in minimizing potential financial losses and maximizing profit margins.
Requirements:
- Degree in Quantity Surveying, Construction Management, or a related field.
- Proven experience as a Commercial Manager, Senior Quantity Surveyor, or similar role in the construction industry.
- In-depth knowledge of construction contracts, procurement, and financial management, with experience in FIDIC, JCT, or other relevant contract forms.
- Strong understanding of cost control, budget management, and financial reporting.
- Excellent negotiation and communication skills, with the ability to influence key stakeholders.
- Strong leadership and team management skills, with experience in managing commercial teams.
- High attention to detail and strong problem-solving abilities.
- Familiarity with construction project management software and financial systems.
- Membership with relevant professional bodies (e.g., RICS, CIOB) is desirable.
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