What Does a Commercial Manager Do?

A Commercial Manager is responsible for overseeing the financial and contractual aspects of projects, ensuring that they meet profitability targets while adhering to industry regulations. They manage budgets, negotiate contracts, and assess commercial risks, all while safeguarding the company’s interests. Commercial Managers play an integral role in the success of large-scale projects in sectors such as construction, infrastructure, and energy.

What Are the Key Responsibilities of a Commercial Manager?

Commercial Managers are involved in a wide range of activities, from cost forecasting and contract administration to managing supplier and client relationships. They work to ensure that projects meet financial targets and protect the company from potential risks. Additionally, they lead on dispute resolution, procurement strategies, and provide comprehensive commercial reporting. Effective communication and stakeholder management are essential, as Commercial Managers often act as the point of contact for all contractual matters throughout a project’s lifecycle.

What Skills and Qualifications Does a Commercial Manager Need?

To excel in this role, a Commercial Manager must possess strong negotiation, analytical, and financial management skills. Experience with contract law, procurement processes, and industry-standard contracts such as NEC or JCT is crucial. Many Commercial Managers have a background in quantity surveying, finance, or business management. Professional accreditation such as RICS or CICES is often sought after and adds significant value to candidates.

Why Choose Advance TRS for Commercial Manager Jobs?

At Advance TRS, we specialise in recruiting top professionals for commercial management roles across industries like construction, engineering, and infrastructure. We provide tailored career support, including CV adviceinterview coaching, and industry insights into the job market, to help you secure your next role.

Explore Commercial Manager Opportunities

Ready to take the next step in your career as a Commercial Manager? Browse our latest job openings and discover how Advance TRS can help you secure your ideal role. View our latest Commercial Manager jobs here. Need help perfecting your CV? Check out our expert guide on Creating a CV That Gets Noticed.

Looking to enhance your networking skills? Read our article on 5 Ways to Stay in the Loop with Industry Trends.

The latest news this week in the Construction Industry:

 

Balfour Beatty delivers 2-3% construction margin goal

Balfour Beatty chief Leo Quinn has achieved his goal of returning the business to industry standard margins by the end of this year. Read more…

VolkerHighways to replace Skanska on Bath roads

Bath and North East Somerset Council has picked VolkerHighways to deliver its £49m highways maintenance services for the next seven years. Read more…

Modular village to be built in Corby for London commuters

Groundworks will start this month on a new modular village in Corby, Northants targeted at London commuters. Read more…

Big Yellow 20-floor flats and storage scheme approved

Big Yellow Group has gained planning for a 20-storey residential block and separate self storage building in South London. Read more…

RSK buys scaffolding and traffic specialists

Expanding consultant RSK Group has acquired another raft of companies after securing a new financing package. Read more…

 

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The latest news this week in the Construction Industry

 

Half-way point for UK’s biggest road upgrade scheme

The £1.5bn project to upgrade 21 miles of the A14 between Cambridge and Huntingdon has reached the half-way point. Read more…

£150m Bournemouth Winter Gardens scheme gets go-ahead

Plans by Bournemouth Development Company for the Winter Gardens scheme in Bournemouth have been approved by Bournemouth Council Planning Board. Read more…

Engie to buy Forrest housing and energy arms

French energy services giant Engie is set to buy the social housing refurbishment and energy operations of stricken North West contractor Forrest Group. Read more…

Bouygues wins £100m London Royal Mail scheme

House builder Taylor Wimpey has awarded Bouygues a £100m-plus contract to deliver the first phase of its redevelopment of an old Royal Mail and Post Office site in London. Read more…

Researchers at Cambridge Uni to develop self-healing concrete

Researchers at the University of Cambridge are using microencapsulation technologies developed by Dolomite Microfluidics to develop self-healing building materials. Read more…

Go-ahead for £270m Swindon ski and cinema centre

Plans to build a 500,000 sq ft regional leisure scheme in Swindon featuring a big snow centre have been given the thumbs up. Read more…

 

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The latest news this week in the Construction Industry

Cheshire West Council invest millions into building new affordable homes

The Cheshire West and Chester Council has received grant funding of £14.68 million to produce 700 new affordable homes across the borough. Read more…

Lendlease wins Birmingham Commonwealth Games village

Birmingham City Council has appointed Lendlease to deliver the £350m Commonwealth Games athletes village. Read more…

Kier to deliver £56m flagship building at The Royal College of Art

The Royal College of Art (RCA) has appointed Kier to construct a £56 million new academic studio and research building at its South Campus. Read more…

Four shortlisted for 725 homes at £6bn Meridian Water

Four major developers and housing associations have been shortlisted for the first housing site at the vast Meridian Water scheme in North London. Read more…

Crest to start £85m Gloucester Quays canal-side homes

Developer Crest Nicholson has purchased a 4.7-hectare site on the western bank of the Gloucester and Sharpness Canal for redevelopment in an £85m project. Read more…

 

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The latest news this week in the Property Industry

 

Housing market in limbo due to Brexit uncertainties

The latest statistics released by ONS on the UK housing market continue to paint a picture of a stagnant market that is feeling the impact of uncertainties surrounding Brexit, a disappointing budget and a continuing lack of stock. Read more…

Bristol housing project to provide affordable housing for young homeless

Bristol City Council has approved plans to restore an empty property into much-needed affordable housing for young homeless people. Read more…

Robot bricklayer builds house in under three days

A construction robot has built a house in less than three days. Australian tech company FBR hailed the achievement as a “quantum leap for the construction industry.” Read more…

Future Generation to build luxury student accommodation in Guildford

Future Generation, a Southern Grove company, has secured planning permission for a state-of-the-art luxury student accommodation scheme in Guildford. Read more…

Green light for 335 PRS flats in Sheffield

Sheffield City Council has granted planning consent for a new mixed-use development that will create 335 new build-to-rent homes in the south west of the city centre. Read more…

 

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The latest news this week in the Construction Industry

 

Why is the construction industry behind on technological changes?

Leading building materials suppliers MIDFIX explore the importance of technological changes in the construction industry. Read more…

Steven A. Hunt Associates to build cancer care centre in Liverpool

The mechanical and electrical engineering specialists have secured a six figure contract to build an advanced medical diagnostics centre in Liverpool’s Knowledge Quarter next year. Read more…

Telford Homes snaps up 270-home site near Wembley

Telford Homes has bought part of a resi-led mixed-use development site near Wembley in London for £28m. Read more…

Willmott Dixon launches pre-design facilities for healthcare

Willmott Dixon is bringing its pre-design concepts to the healthcare market following the success of Sunesis and CODE which have secured the company over £200m in orders in the last five years. Read more…

New chairman named for Sir Robert McAlpine

Sir Robert McAlpine has announced that Edward McAlpine will take over as new chairman of the construction group from January next year. Read more…

Winvic bags £50m Leicester build to rent scheme

Winvic Construction is preparing to start work on a £50m project to build rental flats at the Waterside regeneration area in Leicester. Read more…

M&E specialist VVB bought out of administration by owners

Tunnel M&E specialist VVB Engineering has been bought out of administration by its existing investment fund owners in a pre-pack deal. Read more…

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The latest news this week in the Property Industry

 

Stamp duty reduction for first time buyers now covers shared ownership options

Stamp duty reductions are being introduced for people in England and Northern Ireland buying their first home through a shared ownership scheme. Read more…

Homes England reveals strategic plan to tackle housing challenges

Homes England has outlined how it will improve housing affordability through a new five-year Strategic Plan, in the hopes of helping more people access better homes in areas where they are needed most. Read more…

New home registrations reach highest levels since 2007

The latest figures released by NHBC have revealed that new home registrations for Q3 have resulted in the strongest quarter in 11 years. Read more…

Wates JV 1,500-home Bicester plan gets green light

Joint developers Wates Developments and Redrow Homes have gained revised planning for a  1,500-home scheme at Wretchwick Green in Bicester. Read more…

Annual house price growth crashes to 5 year low

The latest data and analysis from Nationwide has revealed that during October annual house price growth slowed to 1.6% – a drop of 0.4% on the month and the lowest level since May 2013. Read more…

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Traditional vs modular: Deconstructing building methods

Traditional and modular construction are very different from one another. Premier Guarantee examines the pros and cons. Read more…

Hill bags £300m Aldershot and Farnborough town centre revamps

House builder Hill’s investment partnerships arm has signed off a development deal with Rushmoor Borough Council to transform both Aldershot and Farnborough town centres. Read more…

Atkins wins Wylfa nuclear power station civils design

Atkins has been signed up to deliver civils design for the Wylfa Newydd nuclear power station on the Isle of Anglesey. Read more…

Despite slowing growth, construction’s profits continue to rise

An analysis of the accounts of more than 1700 construction companies has shown that average annual profit before tax has grown from 11.5% to 17.1% over the last three years. Read more…

Civils specialist Nexus sees orders surge 45% to £290m

Publicly-listed civils specialist, Nexus Infrastructure, has enjoyed a sharp uplift in orders driven by both its civils and house building utility connection businesses.

London boroughs get £1bn council homes construction boost

Mayor of London Sadiq Khan has confirmed more than £1bn in funding for 26 boroughs in the capital to ramp up the construction of council homes. Read more…

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