Commercial Manager - London

Balfour Beatty
London
About the role

Balfour Beatty is recruiting for a Commercial Manager to support the LPT2 Project, based at the project office.

The Commercial Manager is responsible for the overall commercial performance of assigned projects, programmes, or portfolios. The role provides strategic commercial leadership, ensuring strong cost control, effective contract management, compliance with governance requirements, and the successful delivery of commercial objectives aligned with the wider business strategy.

This position plays a key role in the delivery of utilities and infrastructure works across the project. The Commercial Manager will actively manage commercial risks, maximise opportunities, and ensure the highest standards of safety, quality, and performance are maintained throughout the project lifecycle.

The successful candidate will typically have a proven track record of leading and managing commercial teams on major infrastructure projects. They will be a Chartered Member of RICS, ICES, or CIOB, or working towards chartership. In addition, they will mentor and develop commercial professionals at earlier stages of their careers, supporting progression towards professional qualification while maintaining their own Continuing Professional Development (CPD).

What you'll be doing
  • Provide commercial leadership across projects or programmes, setting and
    maintaining commercial strategies aligned with business objectives.
  • Act as the senior commercial advisor to project leadership teams, providing clear, timely, and pragmatic commercial guidance.
  • Contribute to bid, tender, and negotiation strategies, including risk allocation
    and commercial positioning.
  • Oversee the administration and management of contracts, typically under
    NEC3/NEC4 or equivalent forms.
  • Ensure effective cost management, forecasting, and reporting, including
    oversight of CVRs and financial performance.
  • Lead the management of change, compensation events, and commercial
    negotiations.
  • Provide strategic oversight of subcontract and supply chain commercial
    arrangements.
  • Own and manage commercial risk at project or portfolio level, ensuring risks and opportunities are identified, mitigated, and reported.
  • Ensure compliance with internal commercial controls, delegated authorities, and governance frameworks.
  • Support audits, assurance reviews, and senior level reporting, maintaining a robust commercial audit trail.
  • Develop and maintain strong relationships with clients, JV partners, supply
    chain organisations, and internal stakeholders.
  • Support dispute avoidance and, where necessary, lead or contribute to
    dispute resolution processes.
  • Present commercial performance updates to senior management and
    executive leadership teams.
  • Line manage, mentor, and develop commercial teams, including Managing
    QSs, Senior QSs, and QSs where applicable.
  • Support resource planning, succession, and capability development within the commercial function.
  • Promote best practice, continuous improvement, and knowledge sharing across the business
Who we're looking for

An organised, innovative, and commercially astute Commercial Manager with a strong commitment to continuous learning and experience across diverse projects and portfolios.
  • Significant experience in a commercial leadership role within construction or infrastructure.
  • Strong working knowledge of NEC contracts (NEC3/NEC4) and UK construction commercial practices.
  • Proven track record of managing cost, risk, change, and commercial performance on complex projects or programmes.
  • Experience operating within multi-stakeholder environments, including frameworks and joint ventures.
  • Excellent leadership, negotiation, and influencing skills.
  • Strong commercial judgement with the ability to operate confidently at both
    strategic and operational levels.
  • Demonstrates a consistent track record of working to tight deadlines, delivering work efficiently and to a high standard, and proactively managing opportunities, risks, and threats with resilience, determination, and a strong achievement focus.
Why work for us

As if contributing to and supporting work that makes life better for millions was not rewarding enough, we offer a full range of benefits too.

You will have the freedom to shape the package that is right for you and your
life. Here are some of our key benefits:
  • Competitive Salary
  • 37.5 hours Monday to Friday (part time applicants welcomed).
  • 25 days holiday plus bank holidays
  • Pension scheme, share incentive plan, volunteering leave, recognition schemes and much more.
  • Smart working, giving you more flexibility such as staggered start and finish times, as well as opportunities for remote working where the role allows.
  • Family friendly policies which include 28 weeks full pay for maternity/adoption leave and four weeks full pay for paternity/partners leave
About us

Our skilled and dedicated teams deliver a range of proactive and reactive services which support a reliable and safe supply of power flowing to millions of homes and businesses around the world. Our contracts range from 50,000 schemes to 100 million plus major projects.

Balfour Beatty's Power Transmission & Distribution teams work with regional, national and international electricity network owners and operators to provide technical engineering solutions. With experience and expertise across the full spectrum of the electricity grid our teams have capability across overhead lines, cable tunnels, distribution networks and substations. From scoping and feasibility, to design, construction and on-going maintenance, our in-house experts, flexible resources and industry-leading innovations support clients in the development of some of the world's most ambitious power transmission and distribution projects.

At Balfour Beatty we are committed to creating a diverse workforce and an inclusive culture where everyone can be themselves and reach their full potential, not only because this is the right thing to do, but because it makes us a better business. To ensure we deliver on this commitment, we have a UK Diversity and Inclusion Action Plan which sets out the wide range of targeted, proactive, measurable steps we are taking to make this a reality. You can read our UK Diversity and Inclusion Action Plan in full at

To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and Women into Construction. In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion. Balfour Beatty is also a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role.

Further information on Disability Confident can be found at:
Posted 2026-04-12

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