Commercial Manager

Commercial Manager 

Salary £75,000 

Location Manchester 

Permanent, Full Time 

As Commercial Manager for Terra Nova Developments Limited, you’ll take on a pivotal role in overseeing the financial and contractual aspects of our newbuild construction projects. Your expertise will contribute to successful project delivery, procurement, cost control, and efficient resource management.   

You’ll collaborate with various stakeholders to ensure projects are accurately priced, completed within budget and meet high quality standards. High standards of accountability are essential. You’ll report to the Operations Director.   

What you’ll be doing  

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  Leading and managing Terra Nova’s commercial function, including estimating, buying & surveying.   

  
  


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  Ensuring a practical and cost-effective commercial service is performed on behalf of the subsidiary.  

  
  


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  Overall responsibility for cost estimation, expenditure and cost control.  

  
  


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  Leading, motivating, communicating and developing the whole Terra Nova team, with emphasis on professional development of commercial-focused colleagues.   

  
  


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  Effectively managing the function to ensure best practices are followed and scrutiny expectations can be met.  

  
  


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  Ensuring all build costs are current and correctly appraised. Building accurate cost assessment of planned build projects.  

  
  


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  Leading cost planning and budget preparation for projects, ensuring accurate and realistic estimates are provided.   

  
  


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  Conducting value engineering exercises to achieve cost savings while maintaining design integrity and quality.  

  
  


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  Overseeing the procurement process, including tendering, contractor selection using our Dynamic Purchasing System, and negotiation.   

  
  


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  Ensuring that all procurement activities are aligned with project needs and budget constraints and authorised in line with company policy and procedures.  

  
  


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  Developing and implementing strategies for pre-construction activities, aligning with the company’s goals and client requirements. Ensuring all pre-construction elements are considered, including design, cost, timeline, and risk assessments.  

  
  


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  Liaising with senior colleagues and the technical team to establish budget prices, preparing and evaluating fees / services budget and construction preliminaries.  

  
  


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  Raising and agreeing monthly valuations, liaising with Client and Employers Agent.   

  
  


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  Managing contract variations, change orders, and contractual claims in line with policy and procedures.  

  
  


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  Preparing and analysing cash flow forecasts and reports.  

  
  


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  Ensuring timely certification of work and payments to subcontractors.  

  
  


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  Overseeing contract compliance, including terms, conditions, and legal matters.  

  
  


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  Leading negotiations related to final accounts, variations, and disputes.  

  
  


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  Liaising with subcontractors, ensuring commercial aspects align with project requirements.  

  
  


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  Monitoring and collecting retention amounts.  

  
  


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  Identifying and mitigating commercial risks.  

  
  


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  Developing strong relationships with the client, design teams, and key stakeholders.  

  
  


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  Attending tender presentations, contributing commercially, and presenting effectively.  

  
  


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  Providing accurate progress updates and regular reports to senior management.  

  
  


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  Identifying opportunities for process improvement, cost reduction, and operational efficiency across all commercial activity.   

  
  


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  Anticipating future market developments by working at a strategic level, and monitoring trends and potential risks / threats.  

  
  


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  Actively supporting sustainability within the business to enhance our efforts towards a more sustainable and environmentally responsible operation, and ensuring we meet the business’ sustainability goals.  

  
  


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  Supporting social value within the business, including collation of data, increasing local social and economic value and driving cultural change within the teams.  

  
  

What you’ll need   

Qualifications   

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  Degree in Quantity Surveying, Construction Management, or related field.  

  
  


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  Professional Certification: MRICS, MCIOB, or equivalent certifications are advantageous.  

  
  

Experience  

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  Significant experience in quantity surveying or commercial management, preferably in newbuild construction.   

  
  


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  Strong understanding of construction processes, cost management, procurement strategies, and contract law.  

  
  


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  Strong analytical abilities for cost assessment, financial planning and implementing solutions in a fast-paced environment.  

  
  


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  Excellent communication, negotiation, and interpersonal skills.  

  
  


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  Familiarity with quantity surveying software and tools.  

  
  


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  Knowledge and understanding of Health & Safety and CDM Regulations  

  
  


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  Knowledge and understanding of warranty (LABC / NHBC) requirements and Building regulations and other associated legislation connected with both house and apartment construction.  

  
  

What we need from you  

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  Passionate about construction, house building and customer service.  

  
  


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  You can dissect complex cost data and make informed decisions.  

  
  


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  Managing budgets, contracts, and timelines requires meticulous planning.   

  
  


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  Meticulous attention to contractual details.  

  
  


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  Effective communication with various stakeholders is essential.  

  
  


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  Ability to lead and manage project teams effectively.  

  
  


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  Focus on successful project outcomes.  

  
  


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  The construction industry is dynamic, and you’ll need to adapt to changing circumstances.  

  
  


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  You’ll encounter challenges; finding creative solutions is crucial.  

  
  


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  An ability to work in uncertainty; self-reliant and resilient.  

  
  


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  Professional and value led with integrity, inclusivity and respect for diversity.  

  
  


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  Commitment to work in partnership with others for the benefit of Terra Nova.  

  
  


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  Ability to travel between sites and to meet external commitments.  

  
  


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  Ability to work flexibly and when needed outside normal working hours.  

  
  

What we give you in return for your hard work and commitment  

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  Pension ¦DC Scheme (up to 10% contribution from both colleague and Great Places)  

  
  


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  WPA ¦Healthcare auto enrolled at no contribution level with £1250 of savings available- option to increase & add on family members   

  
  


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  The Market Place ¦high street, restaurant & supermarket discounts, gym memberships, cycle to work, smart tech loans and much more  

  
  


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  Annual Leave ¦Start at 26 days annual leave, increasing up to 30 days + Bank Holidays   

  
  


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  Lottery ¦ Monthly draw with 1st @ £250, 2nd @ £75 and 3rd @ £50   

  
  


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  Savings Club ¦ You can put aside money each month for 11 months to help you save for that special something (pays out in Novembers salary)  

  
  


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  Sharing Greatness ¦Our colleague incentive scheme where colleagues can earn £300 by helping the business achieve business targets.  

  
  


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  Help with transport ¦We offer season ticket loans, an affordable way to purchase season tickets for public transport at discounted rates.