Commercial Manager - Residential

South East London
12 Jun 2018
12 Jul 2018
Full Time
Contract Type

Location: Elephant Park

Job Summary:

  • To safeguard the financial and commercial interests of the company by managing and controlling commercial risk, income and expenditure
  • Contributing to the delivery of the project in a timely, efficient, sustainable and safe manner whilst achieving commercial targets
  • To identify opportunities within the project to better LLCs position.
  • Meeting client expectations and enhancing the reputation of the business
  • Assist the project team with change control, in design and delivery.
  • To run all commercial aspects of Sub-Contract Packages from procurement to final account


  • Ensure initial cost plans are sufficient to carry out the works to be undertaken
  • Develop procurement plans and procure the works in accordance with the cost plan and design information available
  • Procure Provisional Sums, to offer best value to LLC and LLD
  • Ensure that there are no scope gaps during procurement - that everything required for the project is bought and from the correct / appropriate source
  • Perform tender analysis to ensure value for money is achieved and that the works have been procured at the best market rates
  • Prepare contract documentation and negotiate contract terms to limit risk to the company
  • Provide cost report information to internal and external clients to enable business and project objectives to be met
  • Ensure that a change control procedure is in place to monitor design changes and control costs and follow procedure
  • Issue and agree instructions / variations to trade contractors on a weekly basis
  • Perform interim valuations to ensure subcontractor payments are made in a timely manner
  • Forecast and monitor cash flow to ensure a positive cash flow is maintained

Key Tasks and Activities:

  • Understand and apply commercial & financial procedures and reporting systems
  • Maintains detailed prelim forecasts and actual costs and intervenes were negative trends identified
  • Report accurately to the monthly forecast final account
  • Demonstrates a clear understanding of the relationship between cost, value and profit
  • Manages cash flow to the benefit of the project and business
  • Supports the Project Manager to manage project risk and opportunities
  • Takes all appropriate steps to maximise outturn profit
  • Demonstrates an understanding of Notices and Payment Criteria
  • Able to describe the implications of differing forms of contract and their appropriate usage
  • Manages the change process in accordance with the contract
  • Demonstrates an understanding of bonds, PCGs, Warranty Insurances and associated risks
  • Demonstrates skills in the avoidance and defence of claims
  • Compiles effective claims as required
  • Manages risk associated with novated consultants
  • Ensures that all contracts address environmental management requirements
  • Buys robust packages demonstrating an understanding of package interfaces
  • Applies framework agreements effectively where appropriate to maximise discounts and rebates
  • Develops a procurement strategy in conjunction with supply chain services
  • Prepares bid documentation to ensure a fully defined tender

Dimensions (skills, experience and capabilities):

  • Quantity Surveying Degree.
  • Have or be working towards RICS or CIOB
  • Experience of working for a Principle Contractor
  • Demonstrate excellent planning and organisational skills
  • Experience with tendering subcontract works
  • Able to prepare subcontract documentation ready for engrossment by external parties
  • Experience of advanced word-processing, Excel spreadsheet packages and fully conversant with BIW
  • Residential Experience
  • Ability to read drawings and construction design information
  • Valuing interim applications
  • Agreeing site variations
  • Experience of working for a Contractor
  • Preparation of internal monthly cost reports / cost to complete forecasts

We aspire to create a diverse workforce by recruiting suitably qualified candidates from a range of backgrounds regardless of age, sexual orientation, ethnic or national origin or colour, sex, trans- gender status, religion or belief, pregnancy and maternity, marital or civil partnership, or any other group who face disadvantage in our society. As part of our ongoing commitment to diversity we have invested in the external verification for equality, diversity and inclusion and have achieved the Equality Assured Standard accreditation and the National Equality Standard.

We particularly encourage applications from currently under-represented groups in our industry including those who self-identify as women, black, Asian, minority ethnic, lesbian, gay, bisexual, transgender and/ or disabled.

Lendlease is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. Our flexible working arrangements can help you to achieve a lifestyle balance.

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