Project Commercial Manager

Key Responsibilities

• Producing and assuring robust cost estimates aligned with defined scope and delivery requirements.
• Managing and supporting commercial and procurement strategies alongside procurement leads, ensuring tender processes are followed correctly.
• Ensuring subcontracts are accurately prepared, reflect agreed scope, and are managed in accordance with contractual obligations.
• Providing accurate, live cost forecasting in line with the project programme and reporting structures.
• Monitoring actual costs against baseline estimates, identifying and challenging variances where appropriate.
• Preparing regular cost reports, analysing variances, and identifying root causes and corrective actions.
• Administering the main project contract in line with agreed commercial and governance requirements.
• Overseeing the timely issue of early warnings and advising senior project stakeholders on contractual and compliance matters.
• Maintaining robust commercial records to support audits, governance, and cost assurance activities.
• Ensuring final accounts are prepared accurately and in a timely manner.
• Developing and implementing mitigation strategies to manage commercial risk and protect project outcomes.
• Proactively identifying and managing opportunities, including the development and delivery of value-adding initiatives.
• Monitoring the progress of identified efficiencies and reporting any variances against agreed plans.
• Reporting any withheld, disputed, or disallowed costs to senior commercial and project stakeholders.
• Leading, managing, and developing a small commercial team.
• Supporting the mentoring and professional development of team members.

Skills, Experience & Behaviours

• Degree-educated, ideally with a relevant professional qualification (e.g. RICS, CIOB, CICES or equivalent).
• Demonstrable experience managing complex infrastructure or construction projects, including multi-million-pound values.
• Strong ability to manage change and confidently challenge decisions where required.
• Previous experience working with industry-standard forms of contract, alongside estimating, negotiation, and stakeholder management expertise.
• A collaborative, open, and proactive approach, with a strong commercial focus and sense of ownership.
• Excellent stakeholder management skills, with the ability to build and maintain effective working relationships across multiple disciplines

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