Assistant Commercial Manager

Posted 6 Days Ago
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London, Greater London, England, GBR
In-Office
Entry level
Other
The Role
Supports the Commercial Manager with financial management of construction projects valued at £1m–£10m. Responsibilities include cost monitoring, cash-flow forecasting, monthly CVR reporting, subcontract procurement and payments, tender reconciliation, contract administration, project measures and take-offs, final accounts, and financial risk reporting. The role also supports junior surveyors and ensures compliance with internal CMiC procedures and commercial best practices.
Summary Generated by Built In

Job Title: Assistant Commercial Manager 

Reporting to: Commercial Manager 


Job Profile:


Experience in fit‐out, refurb and new builds is desirable. The candidate is also likely to be either MCIOB or RICS or working towards one of these accreditations, although not essential.

You will have a desire to succeed, communicate effectively, be pro‐active, diligent and enthusiastic about your role. A professional approach always towards fellow colleagues, co‐workers and clients alike is paramount, maintaining relationships throughout the course of the project and beyond.

The candidate’s background should include all or most of the following experience:

£1m to £10m project experience as Assistant CM.

Experience in procurement of sub‐contract and sub‐consultant packages.

Experience of JCT contracts.

Experience of monitoring and reporting accurate costs to the commercial lead.

Experience of negotiating and closing final accounts.

Assist the commercial lead in financial reporting on key projects delivering to agreed targeted profit margins, maximising the commercial success of the project. Ensure Structure‐Tones best practice polices are adhered to, for continuous Improvement in financial reporting.


Key Deliverables & Responsibilities:

Accurate and timely project financial management:

Monitor financial resources on projects ensuring key risks are clearly identified and brought to the attention of the Commercial Manager.

Provide regular Cash flow forecast reports ensuring positive cash flow is achieved where possible.

Assist in producing monthly Internal Cost Value Reconciliation (CVR) reports.

Attend financial meetings as required and contribute where necessary.

Assist/take the lead in provide cost reconciliation reports on sub‐contract tender returns to inform appointments.

Assist/take lead in compiling sub‐contract / sub‐consultant appointments.

Assist/take lead in producing monthly sub‐contractors’ payments.

Assist/take lead in providing accurate measures and take‐offs of project packages.

Provide support as and when required to junior surveyors.

Adhere to Structure‐Tones internal CMiC operating procedures.


Key Qualifications and Memberships:

BSc in Quantity Surveying.

Member of or working towards the Royal Institution of Chartered Surveyors (Desired) but not essential.


Relationship Colleagues:

Proactive, diligent, able and willing to think ahead.

Values: the jobholder must understand the values of the business and respond positively.

Ability to communicate positively and effectively.

Structured approach: focused, thorough, high level of attention to detail.


About UsWe put people at the heart of everything we do and are defined by our unique culture—one that rewards creativity and focuses on solutions that support our customers. Brimming with new ideas, our diverse and experienced team are always focussed on delivering an exceptional experience and product to those we work with. With agility, capacity, range and ambition we build exceptional workplaces in London.

The STO Building Group family of companies
—Structure Tone, Structure Tone Southwest, Pavarini Construction Co., Pavarini McGovern, LF Driscoll, Govan Brown, Ajax Building Company, BCCI Construction, Layton Construction, Abbott Construction, and RC Andersen—includes over 4,000 employees located in offices throughout the US, Canada, UK, and Ireland. We provide a complete range of construction services, from site selection analysis, design constructability review and aesthetic enhancements to interior fit-outs, new building construction, and building infrastructure upgrades and modernization. Learn more about how we partner with our clients to imagine, execute, and realize their vision at stobuildinggroup.com.

Skills Required

  • Experience supporting £1m to £10m projects as an Assistant Commercial Manager
  • Experience procuring subcontract and subconsultant packages
  • Experience with JCT contracts
  • Experience monitoring and reporting project costs
  • Experience negotiating and closing final accounts
  • BSc in Quantity Surveying
  • Experience in fit-out, refurbishment, and new-build projects
  • Membership of or progress toward RICS accreditation
  • Membership of or progress toward MCIOB accreditation
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The Company
384 Employees
Year Founded: 1958

What We Do

Ajax Building Company, LLC is an employee-owned, third-generation family-operated construction management firm serving the southeastern United States. Founded in 1958, it manages commercial construction projects for public and private clients, offering design-build, construction management, and program management. Its work includes renovations and new construction across education, public safety, commercial, healthcare, law, life sciences, mission-critical, and technology sectors, emphasizing safety, sustainability, quality, and cost-effective delivery.

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