Job Title: Commercial Manager

Location: Nigeria

Industry: Real Estate / Construction

Reports To: Managing Director / Project Director

Job Summary

We are looking for a dynamic Commercial Manager who will be responsible for overseeing the financial and contractual aspects of construction and real estate projects, ensuring cost control, value optimization, and commercial risk management. The role involves managing budgets, contracts, procurement, and financial reporting to ensure projects are delivered profitably and in compliance with Nigerian laws and industry standards.

Key Responsibilities

Commercial & Financial Management

• Develop, manage, and monitor project budgets, cost plans, and cash flow forecasts.
• Ensure effective cost control and value engineering across all projects.
• Prepare and review financial reports, cost variance analysis, and profitability forecasts.
• Support pricing, feasibility studies, and investment appraisals for new developments.

Contract Management

• Draft, review, and administer construction contracts (e.g., EPC, subcontractor agreements).
• Ensure compliance with contract terms, Nigerian construction laws, and company policies.
• Manage claims, variations, disputes, and final accounts with contractors and consultants.
• Liaise with legal advisers on contractual and commercial issues.

Procurement & Vendor Management

• Oversee procurement strategies and supplier selection.
• Negotiate contracts and pricing with contractors, consultants, and suppliers.
• Monitor supplier performance and ensure value for money.

Project Support & Coordination

• Work closely with project managers, engineers, and quantity surveyors to align commercial and technical objectives.
• Provide commercial advice throughout the project lifecycle—from feasibility to completion.
• Ensure timely certification of payments and management of retention sums.

Risk & Compliance

• Identify and mitigate commercial and financial risks on projects.
• Ensure compliance with Nigerian regulatory requirements, tax obligations, and industry best practices.
• Maintain accurate documentation and audit trails.

Key Requirements

Education & Professional Qualifications

• Bachelor’s degree in Quantity Surveying, Accounting, Finance, Business Administration, Engineering, or a related field.
• Professional certification (e.g., NIQS, RICS, ICAN, ACCA, or equivalent) is an advantage.

Experience

• Minimum of 7–10 years’ experience in commercial management within real estate or construction in Nigeria.
• Strong experience managing large-scale construction or property development projects.
• Proven track record in cost control, contract administration, and negotiation.

Skills & Competencies

• Strong financial analysis and budgeting skills.
• Excellent contract management and negotiation abilities.
• Knowledge of Nigerian construction practices, procurement processes, and regulations.
• Strong leadership, communication, and stakeholder management skills.
• Proficiency in MS Excel and construction/financial management software.

Key Performance Indicators (KPIs)

• Project profitability and cost control effectiveness.
• Budget adherence and cash flow performance.
• Timely resolution of contractual issues.
• Procurement savings and value optimization.
• Compliance with regulatory and contractual requirements.

Achyutam International is a leading Recruitment Agency for Jobs in Africa, Middle East and Asia, both for Expatriates and for Local professionals. Through our AI based database, which has a large number of professionals interested in International jobs, Achyutam International closes any challenging mandates in the fields of operations, engineering, production, R&D, Quality Control, Supply Chain Management, Logistics, IT, Finance, Sales, CEO's and others; Many candidates has got jobs in Edible Oil, plastics, FMCG, beverages, metals, food processing, Agri, Textiles, steel, packaging, etc.

Achyutam International has headhunted professionals in 30+ countries like Nigeria, Ghana, Benin, Conakry, IVC, Cameroon, Senegal, South Africa, Mozambique, Kenya, Tanzania, Ethiopia, Angola, DR Congo, Malawi, Rwanda, Sudan, Malaysia, Indonesia, UK, Singapore, [Disclaimer: This job description has been formatted by AI for readability. Please verify all details with the employer before applying.]