Job
Description
You have an appetite for awesome! As a Commercial Manager, your main responsibilities will include financial planning and budget management. You will be developing and managing project budgets to ensure alignment with business objectives. Tracking and controlling project costs to prevent overruns and maximize efficiency will be a key part of your role. Providing financial forecasts and reports to senior management and identifying cost-saving initiatives without compromising quality will also be essential. In terms of contract and vendor management, you will negotiate contracts with vendors, suppliers, and contractors to secure the best commercial terms. Ensuring all contracts are legally sound and comply with company policies, monitoring vendor performance, and managing claims, variations, and contract disputes efficiently will be crucial. You will oversee procurement processes to ensure competitive pricing and value for money. Optimizing resource allocation and material procurement to reduce wastage, maintaining strong relationships with key suppliers, and conducting periodic cost reviews for optimizations will all fall under your purview. Team management and leadership are also key aspects of this role. You will lead, mentor, and develop a team of commercial and project management professionals, assigning tasks, setting performance expectations, and monitoring team progress. Fostering collaboration within the team and with cross-functional departments, providing training and support to enhance team efficiency and commercial acumen, and driving a high-performance culture within the commercial team are all important responsibilities. Collaborating with stakeholders such as project managers, finance, and operations teams is essential to ensure seamless execution. Communicating project financials and risks to key stakeholders, supporting decision-making through detailed financial analysis and insights, and liaising with external auditors and regulatory bodies for financial compliance will be part of your role. Risk management and compliance are also critical. You will need to identify and mitigate financial risks associated with projects, ensure compliance with industry standards, tax regulations, and company policies, monitor cash flow to ensure the financial stability of projects, and conduct regular audits and financial performance evaluations. Ideally, you will have a Bachelor's or Master's degree in Civil/Mechanical Engineering, along with 10+ years of experience in commercial management, preferably in retail or construction projects. Strong negotiation, financial analysis, and contract management skills are essential, as well as proficiency in ERP systems, MS Excel, and financial modeling tools. The ability to work cross-functionally and influence stakeholders will also be key to your success in this role.,
