500 Commercial Manager jobs in London
Commercial Manager
Posted 1 day ago
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Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Commercial Manager Commercial ManagerVocalink Overview
This is an exciting opportunity to be part of Vocalink Limited, the UK company that enables the payments of 90% of salaries, 70% of utility bills, most ATM transactions and every cheque cleared in the UK. The successful candidate will become part of a high functioning team, dedicated to delivering secure and resilient services for the benefit of over 60 million citizens and the UK private, public and third sectors every day. In 2024, Vocalink is expected to process more than 14 billion transactions, with a value more than £11 trillion.
Vocalink is a Mastercard business that was acquired in 2017 and whose products include:
Bacs (Direct Credits and Direct Debits)
The Faster Payments System (FPS)
The LINK ATM network for cash withdrawal
The Image Clearing Service (ICS) that supports cheque clearing.
Role Overview
Vocalink’s Commercial team, part of the wider Product Management team, is looking for a Commercial Manager to support the ongoing operation of its services. The successful candidate will be capable of supporting on a broad range of initiatives, including contract management, cost management, pricing, risk, and regulation impacting Vocalink. You will:
Contractual and Regulatory Compliance
Build expertise in key contracts and support the business in developing practical approaches to ensure compliance.
Provide central oversight of contractual compliance, working closely with Risk and Controls to ensure assurance mechanisms are in place.
Support the rollout and ongoing management of new contractual obligations.
Offer critical feedback on draft contractual terms, highlighting risks and potential challenges for Vocalink.
Collaborate with other teams to develop commercially viable solutions to business challenges during contract negotiations.
Develop a strong understanding of the regulatory landscape affecting Vocalink, including Operational Resilience and Third Party Risk Management.
Work closely with the Third Party Risk Management team to ensure compliance with contractual and regulatory obligations.
Provide practical guidance to the business on data restrictions in partnership with the Data Privacy and Protection team.
Provide coordinating input and guidance on the development and review of key commercial documents, including policies, procedures, and plans.
Commercial and Financial Support
Partner with the Product Team and Finance to provide comprehensive support on all commercial finance matters.
Develop a deep understanding of team financials, including revenue and cost drivers.
Support bids, business cases, and proposition pricing through financial modelling and analysis.
Identify and challenge opportunities to improve financial performance in collaboration with P&L owners.
Oversee the effective operation of billing and price change controls.
Strategic and Operational Support
Deliver “deep dive” reviews and surge support to the Product Team in response to emerging challenges.
Coordinate cross-functional input to ensure alignment and timely delivery of commercial initiatives.
All About You
As the ideal candidate for this position, you should be:
• A qualified accountant preferably
• Ability to read and understand complex contracts and / or regulations
• Accomplished at financial modelling and have strong analytical capabilities
• A strong communicator – both verbally and in writing
• Able to simplify complexity
• Able to work with ambiguity and in a time-pressured environment
• Able to demonstrate commercial acumen, an entrepreneurial mindset, and an ability to learn commercial contract concepts if you are not experienced in this area
• Solutions-oriented
• Passionate for continuous improvement
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard’s security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
Commercial Manager
Posted today
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Commercial Manager
Posted 1 day ago
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Job Description
Salary: Up to 85,000 per annum + car allowance + bonus
Location: West London
Contract: Permanent, Full-Time (40 hours per week)
The Opportunity
We are seeking a dedicated Commercial Manager to take full ownership of the commercial governance and financial control across a prestigious, high-security contract in London.
This is a pivotal role requiring meticulous financial control, contractual expertise, and strong stakeholder management within a critical defence environment.
What You'll Be Responsible For
- Commercial Accountability: Own all commercial aspects of the project portfolio, ensuring all financial activities align with organizational guidance and procedures.
- Financial Control: Produce accurate project Forecasts and month-end CVR, including detailed cost management and the timely recovery of commercial entitlements.
- Governance & Risk Mitigation: Ensure strict adherence to commercial governance and company processes to protect financial entitlements and proactively mitigate risk exposure across the contract.
- Stakeholder Interface: Build strong rapport with the client, customer, and other stakeholders. You will manage the commercial interface and escalate any disputes or complex matters to the Senior Commercial Manager.
- Process Improvement: Proactively seek and implement process improvements to enhance efficiency and ensure contract obligations and deliverables are consistently met.
- Supply Chain Compliance: Be responsible for achieving the Government's Prompt Payment targets for supply chain payments across the project or portfolio.
What You'll Bring
- Commercial Experience: Proven experience in a commercial management role within the Facilities Management sector.
- Contractual Knowledge: Experience working with complex contract documentation, with exposure to PFI, JCT, or NEC contracts being highly desirable.
- Financial Systems: Familiarity with financial management systems (e.g., Oracle) and a working understanding of CAFM systems .
- Data Proficiency: Excellent IT skills, including MS Excel (pivot tables, data handling) and experience with data handling and manipulation via tools like Power BI.
- Leadership: Experience mentoring junior team members in commercial awareness and applying strong governance and control.
Essential Requirement:
Security Clearance: This role requires a minimum level of security clearance and candidates must be eligible to undergo National Security Vetting .
Randstad CPE values diversity and promotes equality. No terminology in this advert is intended to discriminate against any of the protected characteristics that fall under the Equality Act 2010. We encourage and welcome applications from all sections of society and are more than happy to discuss reasonable adjustments and/or additional arrangements as required to support your application.
Candidates must be eligible to live and work in the UK.
For the purposes of the Conduct Regulations 2003, when advertising permanent vacancies we are acting as an Employment Agency, and when advertising temporary/contract vacancies we are acting as an Employment Business.
Commercial Manager
Posted 2 days ago
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Commercial Manager
Enfield
£85,000 + Benefits | North London
NEOS Recruitment are working exclusively with a growing business employing 150+ people in the waste sector, who are looking to appoint a Commercial Manager to lead their commercial function.
This is a key standalone role , reporting directly to the Managing Director and Operations Manager, and will be pivotal in driving growth and profitability across the business.
Key Responsibilities:
- Lead on tenders, bids, and contract negotiations
- Manage and grow key client accounts across the construction and commercial sectors
- Secure and maintain agreements with construction and demolition companies, focusing on site skips and site waste management
- Drive growth within the commercial and industrial waste division (including black bin and wheelie bin services)
- Act as the sole commercial lead, ensuring all contracts, agreements, and processes are commercially robust
What We’re Looking For:
- Proven experience in the waste industry – this is essential
- Strong understanding of legislation, compliance, and sector-specific requirements
- Track record in commercial management, tenders, and client negotiations
- Ability to work independently as the senior commercial point of contact
Location & Coverage:
Head office in North London, with client coverage from the Thames through to Milton Keynes. Strong focus on the London construction market.
Package:
- £85,000 basic salary
- Bonus
- Commission & performance incentives
- Company car, laptop & benefits
This is a fantastic opportunity to join a growing business with ongoing staffing requirements, where your waste industry expertise will be at the heart of their future success.
If you have the background and drive to take ownership of this commercial function, we’d love to hear from you.
Commercial Manager
Posted 6 days ago
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Commercial Manager | Location: London (Hybrid – 2 days office, 1 day site) | Salary: Up to £65,000 per annum
Ford & Stanley are working with a leading UK train operating company to bring stability and sustainability to their Asset and Commercial department. They are seeking a Commercial Manager with strong experience in managing end-to-end construction projects.
This role requires excellent stakeholder management skills, with the ability to build effective relationships across operational teams, senior leadership, and external suppliers.
This is a fantastic opportunity to join a dynamic and collaborative team that has been established within the last two years. Individuals at all levels are encouraged to contribute ideas and help shape the future of the business.
As Commercial Manager , your responsibilities will include:
- Managing applications for payments with accuracy and timeliness.
- Overseeing change control processes to ensure contract compliance and manage project variations.
- Contractor management and engagement.
- Producing periodic project forecasts and reports.
- Ensuring adherence to contract terms.
- Supporting procurement through pricing documents and associated materials.
- Risk management and mitigation.
Essential Experience
- Proven experience in commercial management.
- Ability to review and manage contractor variations.
- Experience in full lifecycle construction projects.
- Strong stakeholder management capabilities.
- amiliarity with JCT contracts (NEC experience also considered).
- Desirable: Understanding of Network Rail standards and ways of working.
If you're ready to make a meaningful impact in a forward-thinking rail organisation, apply now to take the next step in your career.
Closing date: Friday 3rd October
About Ford & Stanley group
Ford & Stanley Talent Services Group are in the business of people and performance. Our mission is to create one million better workdays through facilitating great recruitment, leadership and occupational mental fitness. We support our clients in their most challenging business areas - recruiting, developing and retaining the best talent from shop floor to boardroom.
- Ford & Stanley TalentWise - Business specialising in blue collar trade & technical services – permanent and temporary.
- Ford & Stanley Recruitment - Business specialising in white collar spanning all company functions with specialist verticals within Digital, Rail Engineering, Civils & Infrastructure, General Manufacturing, Supply Chain & Logistics both permanent and contract.
- Ford & Stanley Executive Search – Business specialising in Executive Search & Executive Interim Solutions in the UK, North America, Middle East and Europe.
- Ford & Stanley Genius Performance - Performance is always accelerated when good people are coached, inspired, trained and focused in the right way.
Ford & Stanley Talent Services Group Ltd is a Disability Confident employer that is committed to a policy of equal opportunities for all opportunity seekers. We shall adhere to such a policy at all times and will review on an on-going basis all aspects of recruitment to avoid unlawful or undesirable discrimination. We will treat everyone equally irrespective sex, sexual orientation, gender reassignment, marital or civil partnership status, age, disability, colour, race, nationality, ethnic or national origin, religion or belief or political beliefs and we place an obligation upon all staff to respect and act in accordance with the policy.
Services advertised by Ford & Stanley are that of an employment consultancy business.
Commercial Manager
Posted 7 days ago
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Job Description
Job Title: Commercial Manager
Location: Hybrid/London (3 days/week onsite)
Contract Duration : 12 Months
Daily Rate: £650/day (Umbrella – Maximum)
IR35 Status: Inside IR35
Role Purpose:
Provide post-contract commercial management of medium-value, medium-risk activities and support pre-contract activities within the project delivery team’s scope of work. Deliver specialist commercial advice, guidance, and recommendations to mitigate commercial risks.
Key Accountabilities
- Support programme and project teams in monitoring compliance with corporate governance and rules in a timely manner.
- Manage cost reporting of all allocated projects within the established reporting framework, including cost forecasting, anticipated final cost, cost of work done, gross billing, and current contract value.
- Monitor, manage, and report on all commercial aspects of allocated projects, highlighting issues and proposing mitigation actions at the earliest opportunity to the Project Manager, Programme Manager, and/or Senior Commercial Manager.
- Maintain awareness of all activities on allocated projects to influence decision-making from a commercial perspective. Review contractor delivery, lead valuations of medium-value/medium-risk contracts, and attend progress meetings to actively influence contractors’ commercial behaviours and performance.
- Manage assessment and valuation of contractor applications and process payment certifications in line with company processes, contractual terms, and conditions. Challenge cost elements, audit where appropriate, and ensure valuations are consistent with agreed site progress.
- Provide proactive advice and guidance to Project Managers on all change, including proposed scope changes, recommending appropriate actions in accordance with change control systems. Produce all required documentation for approval in line with delegated authority, including comparative estimates where required.
- Prepare applications for payment/invoices to external clients in accordance with funding agreements, including all necessary supporting documentation.
- Identify and advise on all commercial risk and claim events.
- Provide ad-hoc management information and analysis to support informed decision-making.
- Produce appropriate commercial correspondence and contractual notices in accordance with contractual conditions. Ensure commercial records are properly retained and archived upon project closeout.
- Undertake final account settlements and internal reconciliations to project close-out as per project authority, project plans, and agreed timescales.
- Support continuous improvement and efficiency initiatives by conducting cost analyses of completed projects and providing feedback through established cost allocation processes.
- Support pre- and post-contract procurement activities as required.
- Provide support to estimating teams, offering guidance and advice on project scale and scope where necessary.
- Assist in negotiating prices under existing contracts and framework agreements (including target cost negotiations) and participate fully in quantitative risk assessments and value management workshops as required.
Skills & Experience Required
- Experienced Commercial Manager capable of starting promptly.
- Ability to manage a steady flow of short-notice requests and oversee a high number of professional service and consultancy contracts.
- Knowledge of PA2023 and Cabinet Office spend controls is essential.
- Familiarity with corporate commercial and procurement policy is preferred.
Disability Confident
As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.
Armed Forces Covenant
CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.
If you qualify for the above, please notify us on (phone number removed).
We will be in touch to discuss your suitability and arrange your Guaranteed Interview.
Should you require reasonable adjustments at any point during the recruitment process or if there is a more accessible way for us to communicate, please do let me know.
To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)
Commercial Manager
Posted 8 days ago
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Job Description
We are seeking an experienced and proactive Commercial Manager to join a dynamic and growing development business based in Central London. The successful candidate will play a key role across the full lifecycle of construction projects, from pre-acquisition due diligence through to post-contract cost management and project delivery.
This is a pivotal role that will require strong commercial acumen, proven experience in the new build high rise RC frame sector, excellent negotiation skills, and a deep understanding of the construction process. You will work closely with internal stakeholders and external partners to ensure developments are commercially sound, efficiently procured, and delivered on time and within budget.
Key Tasks
- Cost planning
- Benchmarking
- Value engineering
- Value management
- Procurement review
- Supply chain management
Key Responsibilities
Pre-Contract:
- Conduct all relevant due diligence on new acquisitions.
- Clearly establish build costs at the outset of each project.
- Benchmark build costs against comparable projects and provide justifications for any variances.
- Demonstrate a strong understanding of the full construction process.
- Evaluate all key project parameters and undertake financial analysis to determine the most viable solutions.
- Apply sound, logical, and well-reasoned commercial decision-making.
- Drive pre-construction activities to optimise efficiency and value.
- Take full responsibility for finalising main contractor agreements, ensuring all risks are addressed and clearly defined.
- Add value to the design process by challenging methods and solutions.
- Provide detailed procurement strategy advice, with a strong focus on risk management.
Post-Contract:
- Work with Development Managers and Finance to maintain control of build costs against budget, including regular internal coordination.
- Lead monthly review meetings with the supply chain, assessing costs and performance, and report findings to key stakeholders.
- Undertake monthly interim valuations and internal cost reporting.
- Lead/chair cost meetings and ensure risks are reported with clear action plans for addressing any issues.
- Ensure variations and commercial issues are proactively resolved and closed out with the wider project team.
- Develop and maintain strong relationships across the supply chain, including contractors, subcontractors, suppliers, manufacturers, and consultants.
- Collate and manage information to limit the company's exposure in the event of any disputes.
- Attend and contribute to monthly Project Review Meetings, providing clear updates on commercial matters.
- Build and manage effective working relationships with internal stakeholders, including the Executive Director, Projects Director, Development Managers, and Principals.
- Represent the business in commercial discussions with contractors, suppliers, manufacturers, and consultants.
On offer
- Basic salary to 110k
- Discretionary bonus
- Private health care
- 28 days holiday + b/h
- Pension scheme
- Fabulous benefits
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Commercial Manager
Posted 8 days ago
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My client are a 1billion+ top 10 main contractor that now require the services of a Commercial Lead on one of their London centric contracts.
My client are really starting to break through into that Tier 1 status and with their ways of working, you can either be currently a Commercial Lead on a contract, or if you're a No2 SQS and want to run your own scheme, this could be the one.
Attributes my client look for include:
- Proven experience on D&B and/or CM contract knowledge on schemes ranging from 50million to 200million
- Ideally previous experience running a small team of commercial staff, even if you're a No2 looking after Intermediate QS's would be considered
- Technically astute and very familiar with operational processes and performities
- Providing advice and support to the project commercial teams and wider project teams
- Budget management across project cost heads
Depending on experience, my client would look to pay 95k to 110k plus package and bonus.
If you're interested, please apply, or send your CV to (url removed) or call on (phone number removed).
Commercial Manager
Posted 9 days ago
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Anderselite are working with a well known tier 1 contractor who are seeking a Commercial Manager to join their Civils division.
Role - Commercial Manager
Location - Enfield
Salary - £70-£7k + car/car allowance 250 pa
This 20M project involves the remediation of the existing site and construction of roads, bridges and flood mitigation measures as well as electricity, gas, communications, water connections and hectares of new landscaped parkland areas.
Duties
- Actively participate in the implementation of project commercial start up procedures across the region
- Line management of the regional commercial team.
- Ensure that materials and off site services are procured in an efficient manner with capable organisations in accordance with the clients procurement policy and ensure appropriate records are kept
- Prepare the basis of work package contents sheets and ensure the project team contribute and complete their relevant sections.
- Ensure inclusive invitations to tender are prepared and full tender evaluations are completed. Make recommendations to award, procurement process.
- Work with supply chain to promote and measure continuous improvement in terms of cost, quality and learning of all parties
- Maximise cash flow through timely preparation of valuations, submission of invoices and receipt of payment
- Manage prompt preparation and settlement of final accounts, including variations, claims and disputes
- Develop a strategy for concluding client negotiations
- Review plant and equipment schedules to ensure efficiency of use
- Produce accurate and timely CVR reports and forecasts and contribute toward the setting of financial targets
- Identify early project risks and opportunities and ensure that they are managed
Person Specification
- Formal qualification in quantity surveying or commercial management
- Previous experience managing commercial activities across multiple infrastructure projects at any one time
- Experience working on NEC contracts is essential
- Chartered or working towards chartership is advantageous
To be considered for this role, please send me an updated CV to - (url removed)
Commercial Manager
Posted 10 days ago
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Job Description
Job Title: Commercial Manager
Location: Hybrid (2 days/week onsite) – Flexible on location, Contractors can find a location base near most major cities.
Contract Duration :6 Months
Daily Rate: £515/day (Umbrella – Maximum)
IR35 Status: Inside IR35
Key responsibilities:
- Post-contract award administration of a range of construction and professional service contracts
- Developing and managing variations/change control and other contract mechanisms.
- Support Senior Commercial Manager and where within experience provide commercial advice and support to relevant Stakeholders in developing commercial strategy.
- Analysis and Issue resolution – make effective decisions and risk mitigation, escalating to Senior Commercial Manager where necessary. Drive continuous improvement of processes.
- Support negotiations with suppliers to vary or change contracts, obtaining and managing input for operational colleagues and others as directed
- Comply with all Departmental controls relating to commercial practice and otherwise, including strict adherence to their delegated authorities, governance, legislation and policy as appropriate
- Support the operational project sponsors to deliver business objectives
- Use contract management systems appropriately to ensure all commercial decisions are evidenced and auditable
- Leading conflict and issue resolution with suppliers and stakeholders, seeking support from the Senior Commercial Manager where appropriate.
Experience
Essential :
- A proven track record working in the infrastructure/construction or property environment
- Relevant contract, sourcing and/or commercial management experience with a solid understanding of procurement and/or contract management processes
- The ability to successfully influence senior internal and external stakeholders
- Excellent communication skills
- Demonstrable success working as both part of a team and independently (remote-working)
Desirable:
- Use of NEC3/NEC4 or PPC2000 forms of contract
- Client-side experience
- Regulated (Procurement Regs, OJEU) experience
- Experience working with projects of a similar scale and complexity (c.£20m schemes as a minimum)
- Lifecycle experience; pre-contract strategy, managing procurement, post-contract experience (if possible)
- Good working knowledge and experience of Procurement systems (e.g. Oracle and/or Bravo) and file management systems (e.g. 4Projects)
Qualifications:
Candidates must have one of the below essential criteria:
- Member of the relevant professional body, e.g. RICS, CIBSE, BIFM, CIPS, IACCM;
- Relevant degree, such as in surveying, engineering, law, finance or MBA;
- Relevant industry experience.
Disability Confident
As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.
Armed Forces Covenant
CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.
If you qualify for the above, please notify us on (phone number removed).
We will be in touch to discuss your suitability and arrange your Guaranteed Interview.
Should you require reasonable adjustments at any point during the recruitment process or if there is a more accessible way for us to communicate, please do let me know.
To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)