COMMERCIAL MANAGER
COMMERCIAL MANAGER
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
overseeing the financial aspects of construction projects while ensuring that they align with contractual agreements and legal requirements.
They are the financial guardians of construction jobs making sure that they remain economically viable and profitable. Lets take a look at some of the duties and responsibilities of this role.
manage project costs. This involves the following:
- Preparing budgets
- Tracking expenses
- Identifying costsaving opportunities
interpreting and managing contracts between parties involved in a construction project. This includes ensuring that all parties fulfill their contractual obligations and resolving disputes when they arise.
involvement in the procurement process selecting suppliers and subcontractors overseeing contract negotiations and managing relationships with these stakeholders. These are crucial to the success of projects.
Identifying and mitigating risks is another important aspect of a commercial managers role. This includes evaluating potential risks associated with the projects finances legal obligations and scheduling.
Qualifications :
Msc Construction Management
Msc Contract Management
MBA
Additional Information :
Financial Acumen
Weve already touched on the importance of cost management and financial reporting above. As a commercial manager you need to not only understand budgets but also keep a close eye on spending.
Its like managing your household expenses but on a much larger scale. Your job is to make sure the money flows where it should and doesnt disappear unexpectedly.
Legal Knowledge
Commercial managers need a comprehensive understanding of construction contracts and construction laws. This knowledge enables them to ensure that all parties involved adhere to legal requirements and contractual obligations. This promotes a compliant and riskfree project environment.
Communication
Effective communication is essential in this role. Commercial managers must convey complex information clearly and concisely to various stakeholders including contractors and clients.
It involves facilitating productive conversations and maintaining transparent project communication channels. On this point client relationship are also key and require strong communication skills.
Negotiation
Negotiation skills are vital for securing favourable terms in contracts and resolving disputes amicably. Commercial managers act as skilled mediators. They need to foster mutually beneficial agreements and maintain positive relationships among project participants.
Analytical Thinking
Analytical thinking entails the ability to examine data and information critically. Its about making informed decisions based on evidence and insights. This is essential for steering the project in the right direction and mitigating risks effectively.
Attention to Detail
Attention to detail involves a meticulous approach to project management. Commercial manager should leave no room for errors ensuring that every aspect of the project is carefully monitored and executed accurately to prevent costly mistakes.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
