Capstone Recruitment UK
Commercial Manager
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Job Reference: 11157
Commercial Manager | Client-Side
Location: London
Salary: Up to £75,000 + benefits
A leading UK property and development organisation is seeking a Commercial Manager to join its Construction and Projects team.
Reporting into the Head of Commercial, this role will provide commercial input into projects delivered by the Capital Projects team, primarily including asset management initiatives, refurbishment projects and lifecycle works. The position will involve managing all financial aspects of projects from inception through to practical completion, ensuring commercial performance, cost control and risk management are maintained throughout the project lifecycle.
This is a broad client-side role suited to an experienced Quantity Surveyor, Senior Quantity Surveyor or Commercial Manager looking to take greater ownership and responsibility across multiple projects.
The Role
You will be responsible for providing commercial leadership across capital projects, supporting the successful delivery of schemes through robust cost management, estimating, procurement and contract administration.
The role will require close collaboration with internal stakeholders, project teams, main contractors and external supply chain partners.
Key Responsibilities
- Provide initial cost advice and detailed cost plans to support the assessment of potential project opportunities
- Manage project cost plans and associated risks from inception through contract award to practical completion
- Maintain commercial responsibility for on-site schemes, including valuations, cost reporting, value engineering, cash-flow management, dispute resolution and cost control
- Support estimating, benchmarking, inflation forecasting, budgetary control and commercial reporting
- Oversee the production of tender documentation and manage contractor frameworks and supply chain relationships
- Support the procurement of main contractors and wider supply chain partners
- Negotiate and oversee construction contracts, retentions, bonds, warranties and associated contractual documentation
- Agree final accounts in line with approved governance requirements
- Assist with cost benchmarking and commercial performance analysis across projects
- Support the resolution of legacy issues, defects and claims where required
- Support wider business initiatives, including net-zero carbon, diversity and inclusion
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Minimum Qualifications and Experience
- A minimum of 5–8 years’ experience within a Quantity Surveying or commercial management role
- Experience gained within a contractor, client-side or consultancy environment
- Proven experience in the commercial management of capital projects and refurbishment works
- Strong knowledge of commercial management processes, procurement and contract administration
- Experience managing project costs from inception through to practical completion
- Strong negotiation, influencing, stakeholder engagement and communication skills
- Strong numeracy and computer literacy
- Ability to manage multiple priorities, work at pace and maintain a high level of accuracy
- Ability to build effective relationships with internal and external stakeholders
- Full UK driving licence and willingness to travel throughout the UK
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Desirable Experience
- Knowledge of the student accommodation sector
- Good understanding of sustainability and net-zero practices within the construction industry
- Professional accreditation with RICS or CIOB, or currently working towards qualification
Why Join
- Exposure to a nationwide portfolio of capital projects, refurbishments and lifecycle works
- Direct reporting line to senior commercial leadership
- Clear progression pathway into Senior Commercial Manager
- Hybrid working structure
- Stable and experienced commercial team
If you're interested in hearing more details, please get in touch with Annabel at a.drew@capstone-recruitment.com
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