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Commercial Manager

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: ODGroup.
Full Time position
Listed on 2026-10-17
Job specializations:
  • Management
    Financial Manager, Contracts Manager
  • Construction
    Financial Manager
Salary/Wage Range or Industry Benchmark: 70000 - 90000 GBP Yearly GBP 70000.00 90000.00 YEAR
Job Description & How to Apply Below

OD Group is a leading office interiors company based in the City of London, with a dual focus on both traditional construction and design and build. We have firmly established our brand due to excellent service and a commitment to ongoing innovation, and despite the pandemic are on track for another successful year.

We are currently looking for a talented and driven Commercial Manager to join our Major+ division helping us to successfully delivery projects on time and on budget, maximising our GP and minimising our commercial risk.

Key Responsibilities
1. Commercial Leadership & Strategy
  • Oversee the commercial management of multiple projects (Cat A, Cat B, refurbishment schemes).
  • Support the Commercial Director in delivering financial targets and margin protection.
  • Provide commercial input during tender, value engineering and negotiation stages.
  • Contribute to business unit forecasting and financial planning.
2. Cost Management & Budget Control
  • Manage project budgets from award through to final account.
  • Prepare and review:
  • Cost plans
  • Cash flow forecasts
  • CVRs (Cost Value Reconciliations)
  • Profitability reporting
  • Identify commercial risks and opportunities.
  • Ensure early warning notices and compensation events are managed effectively.
3. Contract Administration
  • Administer contracts under JCT, NEC or bespoke forms.
  • Ensure contractual compliance across projects.
  • Manage variations, change control and extension of time submissions.
  • Lead negotiations with clients and subcontractors.
4. Subcontractor Management
  • Oversee procurement strategy alongside Pre-Construction.
  • Review and approve subcontract packages and appointments.
  • Manage payment applications, valuations and final accounts.
  • Resolve commercial disputes where required.
  • Identify and mitigate commercial and financial risk.
  • Ensure compliance with company governance and financial controls.
  • Support audits and reporting requirements.
  • Monitor insurance and bond requirements where applicable.
6. Team Management
  • Lead and mentor Apprentice and Assistant Commercial Managers.
  • Provide guidance on contract administration and commercial best practice.
  • Support development and performance management of the commercial team.
7. Stakeholder Engagement
  • Work closely with:
  • Construction Directors
  • Project Managers
  • Design Managers
  • Finance Team
  • Provide clear commercial reporting to senior leadership.
  • Attend client meetings as required.
Person Specification
  • Minimum 5 years’ experience within commercial construction or fit-out.
  • Proven experience managing projects up to £10m–£30m+.
  • Strong knowledge of JCT contracts.
  • Strong negotiation and influencing skills.
  • Excellent financial acumen and analytical ability.
  • Strong contractual knowledge.
  • Ability to manage multiple projects simultaneously.
  • High attention to detail with strategic oversight capability.
Key Performance Indicators (KPIs)
  • Project profitability and margin protection.
  • Accuracy of forecasting and reporting.
  • Timely agreement of variations and final accounts.
  • Subcontractor performance and commercial compliance.
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