Senior Commercial Manager

Company: Costain
Apply for the Senior Commercial Manager
Location: London
Job Description:

Overview

In this role you lead the commercial function for Costain Engineering Services, shaping governance, contract setup and profitability across in-house engineering and design delivery. You will manage risks, opportunities, WIP, CVR and cross-charging between engineering services and Costain sectors. You will oversee procurement, change control and contract strategy, while continuously improving commercial processes to support growth in an engineering-led business.

Responsibilities

  • Lead the commercial function for Engineering Services with rigorous contract negotiation processes and governance
  • Oversee setup and execution of Internal Trading Agreements and Sub-contract Professional Services Agreements
  • Identify commercial risks and opportunities early to prevent scope creep and align with contract terms
  • Manage WIP, CVR, profit & margin, and cross-charging between Engineering Services and Costain Sectors
  • Oversee procurement of external designers/sub-contractors ensuring terms back-to-back with primary obligations
  • Rigorously manage change control; capture, cost and approve variations
  • Demonstrate sector knowledge of engineering design phases across infrastructure projects
  • Drive continuous improvement of commercial procedures aligned with Costain’s growth objectives

Key requirements

  • Significant experience in commercial management in construction or engineering sectors
  • Experience in both consultancy (fee-based) and contracting (delivery-based) environments
  • Strong financial and commercial acumen with ability to interpret reports and drive profitability
  • Strategic, analytical, and problem-solving approach under dynamic commercial conditions
  • Excellent communication, negotiation and stakeholder management with engineers and site-based managers
  • Proficiency in contractual reporting and meeting minutes, and preparing financial reports and payment applications
  • Understanding of fee/rate based engineering consultancy commercial priorities and risks
  • Experience in procurement strategy development and drafting contractual correspondence
  • Proven team leadership and ability to motivate and deliver performance
  • Knowledge of NEC3/4 contracting frameworks
  • Experience delivering change programmes aligned with strategic objectives
  • Strong communication and negotiation
  • Customer-facing with ability to speak technical language to engineers and project managers
  • Leadership and people management
  • WIP management
  • Cost-Value Reconciliation (CVR)
  • Profit & Loss reporting

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Posted: October 16th, 2026