Commercial Manager - (PM-L8.9) at Zutari

Overview:

• We are seeking a highly skilled and experienced Commercial Manager to oversee and manage the commercial aspects of our construction projects. The ideal candidate will be responsible for ensuring the financial success and profitability of our projects by managing contracts, budgets, and procurement, while also providing strategic leadership and guidance to the commercial team.

Responsibilities:

• Commercial Strategy and Leadership:
• Develop and implement the commercial strategy for construction projects in line with company objectives.
• Provide leadership and direction to the commercial team, ensuring cohesive and effective collaboration.
• Participate in the review of performance standards for junior contract management team members

Contract Management:

• Oversee the negotiation, review, and management of all contracts, including subcontractor agreements, supplier contracts, and client agreements.
• Ensure compliance with legal and regulatory requirements in all contracts.
• Budgeting and Cost Control:
• Manage project budgets, monitor costs, and identify areas for cost savings and efficiency improvements.
• Work closely with project managers to track project financial performance against budgets and forecasts.

Procurement Management:

• Lead the procurement process, including vendor selection, negotiation, and management.
• Develop and maintain relationships with suppliers and subcontractors (when necessary) to ensure timely and cost-effective delivery of materials and services.
• Risk Management:
• Identify and mitigate potential commercial and contractual risks associated with construction projects.
• Implement strategies to minimize project risk and optimize opportunities for success.

Reporting and Analysis:

• Prepare regular financial reports, forecasts, and analysis for senior management.
• Conduct thorough analysis of project financial performance and provide actionable insights for improvement.
• Participate in reporting, documenting commercial and contract risks and issues, following up with contract management leads to coordinate completion of open actions
• Escalate contractual and commercial matters to Project Managers

Team Management and Development:

• Manage and mentor the commercial team, providing guidance, training, and support for their professional development.
• Foster a collaborative and results-oriented work environment.
• Support the commercial lead in the development of a contract specific training programme for the organization to illustrate the importance of contract awareness.

Requirements:

• Bachelor’s degree in Construction Management, Quantity Surveying. Master’s degree or relevant certifications are a plus.
• Proven experience with at least 13 years in a similar role within the construction and or consulting industry.
• In-depth knowledge of construction contracts, procurement, and commercial management practices.
• Strong financial acumen and analytical skills, with the ability to interpret and manage complex financial data.
• Excellent negotiation, communication, and leadership abilities.
• Proficiency in relevant software and tools for financial and project management.
• Ability to multitask and work effectively under pressure in a fast-paced environment.