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Commercial Director
Job summary
A leading construction company in Peterborough seeks a Commercial Director to lead the commercial strategy and manage the Surveying, Buying, and Estimating teams. The role requires strong leadership skills, a degree in a relevant field, and experience within a residential house builder. Candidates should have financial acumen and excellent communication skills. The company promotes a collaborative environment while offering a competitive salary and benefits, including a company car and generous leave entitlements.
Benefits
Qualifications
- Experience working within a residential house builder at a senior level.
- Good understanding of building regulations and legal obligations.
- Inspirational leader with strong team player abilities.
Responsibilities
- Define and lead a commercial strategy balancing risk and income.
- Manage relationships with subcontractors and negotiate contracts.
- Conduct market research to identify commercial opportunities.
Skills
Education
We have a fantastic opportunity for a Commercial Director to join our team within Vistry East Anglia at our office in Peterborough. As our Commercial Director, you will direct and lead the commercial strategy of the Business Unit whilst leading, inspiring and motivating the commercial team in order to generate profit.
You will have overall responsibility for the regional Surveying, Buying and Estimating teams and will lead, coach and develop the team to meet departmental targets and achieve success. You will develop, review and implement the Company's strategic commercial objectives and be responsible for ensuring accurate financial cost control, budgeting and forecasting.
We value in-person collaboration and team culture, but we're also committed to supporting flexible working where possible. We encourage you to raise any specific requirements during the interview process so we can explore how this could be accommodated.
- Competitive basic salary and annual bonus
- Company car, car allowance or travel allowance
- Salary sacrifice car scheme available to all employees
- Up to 33 days annual leave plus bank holidays increasing to up to 39 days with service
- 2 Volunteering days per annum
- Private medical insurance, with employee paid cover
- Enhanced maternity, paternity and adoption leave
- Competitive pension scheme through salary sacrifice
- Life assurance at 4 x your annual salary
- Share save and share incentive schemes
- Employee rewards portal with many more benefits…
- Behave in line with our company values - Integrity, Caring and Quality
- Degree in Surveying, Building or similar
- Experience working within a residential house builder at a senior level
- Due to the nature of Vistry's business model, the ideal candidate will have a blend of experience across PLC Housebuilding along with main contracting
- Experience of people management and project leading
- A good understanding or building regulations and legal obligations
- A good knowledge or construction and materials
- Be an inspirational leader and a strong team player
- Experience of supporting business growth
- Well-developed analytical, oral and presentation / communication skills
- Ability to formulate commercial plans and ensure full engagement
- A Member of the Chartered Institute of Building (CIOB), or Royal Institute of Chartered Surveyors (RICS) - desirable
- To define, direct and lead a commercial strategy that balances risk to the business with opportunity for income generation to reinvest in the business.
- Manage relationships with subcontractors and third parties to understand their requirements, negotiating ongoing contracts with suppliers and making recommendations as required.
- Anticipate future market developments by working consistently at a strategic level, conducting market research and analysis to create detailed business plans on commercial opportunities as well as to understand any potential risks or threats.
- Define, direct and lead the governance of the Commercial team, ensuring proper accountability for, and reporting of, all commercial activity and the development of appropriate control systems.
- Direct the performance of existing commercial business ventures ensuring that contracts are fulfilled, and profit targets are delivered.
- Oversee the preparation of and authorise land purchase construction budgets and project completion analysis.
- Take responsibility for Construction Surveying duties including budget preparation, cost to complete, authorisation of subcontractor procurement, payments and claims.
- Monitor and oversee the maintenance and updating of development budgets and cashflows, including monitoring performance of both cost and cashflow against annual budget to ensure delivery against financial quarter end targets.
- Advise the wider team on technical solutions, buildability and costs at design stage in conjunction with the Construction Director.
- Prepare relevant KPI and reporting information for senior management/board meetings with the Regional Managing Director and Divisional Chair.
- Help define and embed a commercial approach to the running of the department across all levels of the hierarchy, working collaboratively with the senior management team to guide the development of professional standards, commercial contracts, and service level agreements.
- Collaborate with and coordinate a strong working relationship amongst key stakeholders within the business, namely Development, Construction and Customer Services.
- Take steps to identify and manage risks commercial and otherwise.
- Actively support land bid submissions throughout the business unit.
- Build and maintain effective relationships with key working partners, including the development of strong links at all levels of the business.
- Market the organisation's capabilities in the delivery and management of commercial activities and maintain Vistry Homes profile with customers/clients, external bodies, suppliers, and other stakeholders.
- Manage risk and ensure compliance with legal, regulatory, and internal procedural requirements.
- Manage and support the performance and development of the Commercial team.
We build more than homes, we're making Vistry. Being a responsible developer and award-winning employer means we live each day through our ethos - doing the right thing. Our behaviours reflect this, as well as our values of integrity, caring and quality. Shaping all we do; they empower us to develop sustainable communities across affordable and private housing. We work in a partnership-led way, and you'll recognise our renowned brands Bovis Homes, Linden Homes and Countryside Homes. Together with Vistry Works, our manufacturing operation, and the functional support of Vistry Services, we're a proud UK Green Building Council member, UK top five housebuilder with a five-star House Builders Federation (HBF) customer satisfaction rating, and winner of many awards including Top Employer, Global Top Inspiring Workplaces, and Best for Talent Attraction and Outreach.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.