Commercial Manager
Develop and implement commercial strategies to drive business growth and profitability.
Job opportunities
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Jobs in Jobstreet right nowJob growth
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In the last yearSalary
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Typical monthly salaryJob opportunities
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Jobs in Jobstreet right nowSalary
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Typical monthly salaryJob growth
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In the last yearOn this page
- What's it like to be a Commercial Manager?
- How to become a Commercial Manager
- Latest Commercial Manager jobs
- Top skills and experience for Commercial Managers
What's it like to be a Commercial Manager?
A Commercial Manager is primarily responsible for identifying and developing commercial opportunities to increase sales performance. This includes negotiating lucrative sales contracts, improving income streams and enhancing business relationships with clients. Commercial Managers operate within a variety of settings, spanning sectors such as retail, logistics as well as telecommunications and finance. It is very much a relationship-driven role, so excellent communication skills and an ability to build rapport are important skills. Additional duties may encompass project management elements, such as coordinating teams to align with a company's commercial strategy.
Tasks and duties
- Negotiating and closing commercial contracts with suppliers and clients.
- Developing and implementing effective commercial strategies based on company goals and market trends.
- Building and maintaining profitable partnerships with key stakeholders.
- Conducting market research and analysis to create detailed business plans.
- Monitoring performance of commercial activities using key metrics and preparing reports for senior management.
- Responsible for budgeting and financial planning to ensure a company's profitability.
- Managing and solving conflicts with clients and suppliers.
How to become a Commercial Manager
Becoming a Commercial Manager not only require obtaining a relevant degree and experience but also skill development and staying updated with industry trends.
- 1.Obtain a bachelor’s degree in Business Administration, Management, or a related field.
- 2.Accumulate extensive experience in business development or marketing roles. Most employers prefer candidates with up to 5 years of experience.
- 3.Develop essential skills such as leadership, strategic thinking, communication, and negotiation, through both practical experience and skill-enhancement programs.
- 4.Stay up to date on industry trends, laws, and regulations, to remain competitive in the market and effectively navigate business challenges.
- 5.Build strong relationships with clients and industry contacts, demonstrating your ability to collaborate and drive business success.
Compare your salary
Find out how your salary compares with the average salary for Commercial Managers.Latest Commercial Manager jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Commercial Manager employers on Jobstreet are looking for job seekers with expertise in the following areas. Commercial Management
Negotiation
Contract Documentation
Commercial Acumen
Contract Management
Preparing Tenders
Commercial Strategy
Quotation
Communication Skills
Forecasting
Judgement and Decision Making
Business Opportunity
Influencing Others
Cash Flows
Quantity Surveying
Cost Control
Management Support
Relationship Management
Contract Administration
Contract Negotiation
Source: Jobstreet job ads and Jobstreet Profile data
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