Commercial Manager

STV is seeking a Commercial Manager to join their Major Commercial Project team. This position is designated as hybrid (3 days week/in office) and can be located in one of our major national offices which include: New York, NY, Newark, NJ, Philadelphia, PA, Boston, MA, Chicago, IL, Atlanta, GA, Florida office, Texas offices, Phoenix, AZ, Denver, CO, Washington state offices, Lake Oswego, OR, California offices, etc.
The Commercial Manager role requires knowledge and understanding of all aspects of commercial management, to include but not be limited to an understanding of contracts, risk, progress planning, cost control and reporting methodologies in order to protect and maximize STV financial performance.

 
RESPONSIBILITIES

The primary responsibilities of the role are to administer all commercial and contractual matters relating to a specific Project, to minimize commercial risk and maximize opportunity through the identification and monitoring of potential risks, compilation of potential change orders and claims, as well as recording and forecasting of cost in order that an accurate understanding of the Project’s performance can be made. 

• Ensure commercial processes and procedures are adhered to

• Develop a culture of commercial awareness across the project

• In conjunction with the Project Director and Commercial Director establish a commercial strategy with clear commercial objectives

• Ensure all correspondence and meeting records from the Contractor are reviewed and responded to accordingly

• Identify commercial risks and opportunities and manage them through to conclusion to minimize STV liability

• Manage the submission timelessly of potential change orders in accordance with Project contractual obligations

• Prepare timely sub-consultant agreements, coordinating scope (including co-ordination and other matters) with the appropriate engineering staff

• Administer sub-consultant agreements to ensure liabilities are accurate, payments are made in accordance with their respective agreements and all necessary notices, and the like are issues

• Co-ordinate the management of claims to ensure responses are provided in a timely manner

• Provide accurate Profit and Loss (P-L) and Cost to Complete (CTC) reports in accordance with STV procedures

• Ensure accurate records are maintained

• Develop and encourage direct staff to take responsibility for sections of the project

• Fulfil any other task that can be reasonably within the contemplation of the role

COMPETENCIES

• Minimum of 10 years' experience with large-scale commercial builder contracting, preferably within the AEC market

• Strong financial background with some experience of understanding of contractual law

• Technical knowledgeable in commercial, contract and risk management

• Exposure to large engineering and construction projects

• Good communication and interpersonal skills

• Ability to resolve problems independently and operate efficiently under pressure

• Degree in construction, engineering or related discipline

• Membership of relevant professional body

Compensation Range:

STV offers the following benefits • Health insurance, including an option with a Health Savings Account • Dental insurance • Vision insurance • Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable) • Disability insurance • Life Insurance and Accidental Death & Dismemberment • 401(k) Plan • Retirement Counseling • Employee Assistance Program • Paid Time Off (starting at 16 days) • Paid Holidays (9 days) • Back-Up Dependent Care (up to 10 days per year) • Parental Leave (up to 80 hours) • Continuing Education Program • Professional Licensure and Society Memberships

STV is committed to paying all of its employees in a fair, equitable, and transparent manner. The listed pay range is STV’s good-faith salary estimate for this position. Please note that the final salary offered for this position may be outside of this published range based on many factors, including but not limited to geography, education, experience, and/or certifications.

Not sure this role is the perfect match? We encourage you to apply if STV’s work and values resonate with you. We know great candidates don’t always meet every qualification, and research shows women and people of color are less likely to apply unless they do. At STV, we believe strong talent comes from a wide range of backgrounds, and your skills and experience may align with this or another opportunity as we continue to grow.