Commercial Manager

Tokiye Integrated Medical Services

Job Location:

Uyo - Nigeria

Monthly Salary: Not Disclosed

Experience Required: 5years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

The Commercial Manager is responsible for managing the financial and contractual aspects of the project to ensure value for money cost control and profitability. The role oversees tendering contract negotiation project valuation budgeting and payment administration. The Commercial Manager ensures all commercial transactions are transparent compliant and aligned with project delivery objectives.

KEY RESPONSIBILITIES

Contract Administration

Develop review and manage all contracts (vendors consultants subcontractors and suppliers).
Work with the Contracts Manager and Legal Team to ensure terms and conditions are compliant with project policies and client requirements.
Manage variations claims and contractual disputes.
Prepare and maintain a Contract Register and ensure compliance with approval thresholds

Cost Planning and Budget Control

Prepare the overall project cost plan and budget in alignment with approved funding structure.
Establish cost control systems linked to procurement and project accounting (e.g. SeamlessProcure & QuickBooks Online).
Track actual vs. forecast expenditure and flag deviations to the Project Director.
Lead value engineering and cost optimization reviews.

Procurement and Tendering

Oversee all commercial aspects of procurement including RFQs bid evaluations and contract award recommendations.
Participate in Bid Evaluation Reports (BER) and ensure transparent selection based on value compliance and capability.
Negotiate pricing and payment terms to protect company cash flow and ensure alignment with project milestones.

Valuation Payments and Cash Flow

Certify interim and final payments to contractors and suppliers.
Manage monthly valuations and progress certificates for works completed.
Monitor and update project cash flow forecasts in coordination with the finance team.
Coordinate invoicing payment certificates retention release and reconciliation

Reporting and Risk Management

Prepare periodic commercial reports for management and financiers (e.g. Access Bank / APG compliance).
Identify monitor and mitigate commercial and financial risks.
Maintain accurate records for audits and funding milestones.
Contribute to project progress reports and financial dashboards

Coordination andLeadership

Lead and supervise the Contracts Officer Quantity Surveyors and Cost Engineers.
Liaise with the Project Management Office (PMO) Finance Procurement and Technical Teams to ensure alignment.
Support negotiations with clients consultants and subcontractors.
Mentor and build capacity within the commercial department.

KEY DELIVERABLES

Approved project budget and cost control plan.
Monthly commercial and cash flow reports.
Updated contract register and payment tracker.
BERs LPOs and variation approvals.
Risk and opportunity matrix for all contracts.
Final accounts and closeout documentation.

Requirements

MINIMUM RECRUITMENT STANDARDS

Bachelors degree in Quantity Surveying Construction Economics Finance or related field.
Minimum 810 years of commercial management experience in large construction or infrastructure projects.
Strong understanding of FIDIC / EPC contracts BOQs and PPP project structures.
Proficiency in MS Excel cost control software and project management tools.
Experience in managing bank-funded or APG-backed projects preferred.
Professional certification (e.g. RICS NIQS PMP MBA) is an advantage.

CORE COMPETENCIES

Financial acumen and cost management
Contract drafting and negotiation
Analytical and problem-solving skills
Leadership and team management
Integrity and attention to detail
Excellent communication and report writing skills
Stakeholder engagement and diplomacy