Commercial Manager
| Company: | cfes Ltd |
|---|---|
| Salary: | Discretionary company bonus scheme |
| Hours: | Full-time |
| Location: | London, SE1 0UH |
| Working pattern: | Hybrid - 1 day remote |
| Job type: | Permanent |
| Posting date: | 14 Jul 2026 |
| Closing date: | 13 Aug 2026 |
Summary
Commercial Manager - Central London/Hybrid - Full Time, Permanent - Competitive salary plus excellent benefits
Due to a period of growth and innovation, cfes have an exciting opportunity for a Commercial Manager to join us on a full time and permanent basis. In this pivotal role you will lead and develop the QS and Buyer departments, maintaining consistent commercial standards, and providing directors with clear, accurate commercial reporting across both project and FM activities.
About the Role
The Commercial Manager is accountable for the commercial performance of all projects and FM operations. Ensuring budgets, margins and forecasts are accurate and achieved. They are responsible for contract compliance, managing risks, overseeing procurement to secure best value and maintaining strong supplier relationships.
They ensure timely applications, invoicing, cash flow and accurate FM financial reporting, and that subcontractor payments follow contractual terms.
Responsibilities
Develop and implement commercial strategies to support profitable project and FM delivery.
Lead commercial planning during pre construction, including budgeting, cost plans and contract negotiations.
Work closely with Directors to forecast revenue, cash flow and profit across the project and FM portfolio.
Advise the leadership team on commercial risks, opportunities and mitigation strategies.
Oversee contract drafting, negotiation and administration for clients, subcontractors and suppliers.
Ensure all agreements meet legal, regulatory and company standards.
Manage contractual issues, variations, claims and dispute resolution.
Ensure compliance with frameworks, healthcare sector specifications and employer requirements.
Set, manage and report project budgets from tender through to final account.
Lead monthly Cost Value Reconciliations, commercial reports and financial forecasting.
Oversee valuation processes, applications for payment, invoicing and cash management.
Oversee the Buyer and support procurement strategies to secure best value.
Build strong supplier and subcontractor relationships, ensuring quality, value and compliance.
Work closely with Project Managers and FM leadership to ensure commercial controls and cost targets are met.
Line manage the QS and Buyer, providing coaching, development and workload oversight.
Ensure consistent standards in estimating, procurement and cost control.
Lead recruitment and capability building within the commercial function as the business grows
Who we're looking for
Proven experience as a Commercial Manager or Senior QS within construction, ideally design & build.
Strong knowledge of JCT contracts and healthcare construction requirements.
Demonstrable success in cost management, procurement oversight and commercial leadership.
Excellent negotiation, financial analysis and risk management skills.
Ability to lead and develop small commercial teams.
Strong stakeholder communication and client-facing abilities.
Demonstrable experience within the healthcare sector (e.g., clinics, surgeries, medical facilities).
Professional qualifications (RICS, CIOB or equivalent).
Location: Southwark, South East London
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