Commercial Manager
7 days ago
Global business activities in the marine engineering sector, international colleagues spread world wide and a top notch professional team at a local level in Nicosia Cyprus. Reporting to the CFO, this role is operational with a strong overall business view and requires strong acumen and experience in hands on operations and commercial. The successful candidate will have proven project management and/or commercial management experience with good financial acumen and analysis skills.
Job Description
- Develop and implement the company's commercial strategy in alignment with business goals.
- Provide strategic input to senior management on market trends, pricing, and business opportunities.
- Lead commercial planning for bids, tenders, and long-term contracts.
- Develop and manage project budgets, forecasts, and cost plans in coordination with project managers and finance teams.
- Monitor project financial performance, identifying variances and implementing corrective measures.
- Approve and validate payment applications, invoices, and variations.
- Ensure commercial reporting is accurate, timely, and aligned with company financial objectives.
- Support business development by identifying new opportunities and building relationships with clients and partners.
- Contribute to bid and tender submissions, ensuring commercially sound proposals.
- Negotiate terms and pricing to secure profitable contracts.
- Work collaboratively with engineering, procurement, project management, and finance departments to ensure commercial alignment.
- Report regularly to senior management on commercial performance and key metrics.
- Act as a commercial advisor to project teams, offering guidance on contractual and financial issues.
- Drive process improvements in commercial practices, contract management, and cost control. Implement lessons learned from completed projects to enhance future performance.
- Stay up to date with industry trends, market conditions, and relevant legislation.
- Ensure internal and external reporting deadlines are met by communicating and delegating to key members of the team where necessary.
- Valid and take ownership of reports in anticipation for further analysis or decision-making questions.
Your Profile
- Experience in a commercial operational and/or commercial leadership role within shipping, construction, or engineering is essential.
- Degree-level education in Quantity Surveying, Engineering, Business, Finance, or Economics (or equivalent).
- Strong commercial and financial management skills, including cost estimation, budgeting, forecasting, P&L understanding, project financing, and cash flow management.
- Experience in commercial contract management.
- Strong analytical and strategic thinking, including involvement in bids and tenders.
- Knowledge of resource cost analysis and calculations.
- Effective leadership and clear communication skills.
- Strong proficiency in MS Excel and ERP systems.
- Financial acumen and expertise in cost management.
Benefits
- 20 days holiday + public holidays
- Hybrid working options (2 days WFH)
- Working hours Monday to Friday, 08:00 – 17:00
- Provident fund
- Christmas bonus
- Profit-share bonus
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