For employers looking to fill a Commercial Manager vacancy, the following sample position description can help you to attract the best candidates for the role. By tailoring this position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.
For job seekers looking for a Commercial Manager role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.
Typically reporting to the CFO, COO or to the Business Unit heads, the Commercial Manager partners with the management team and is responsible for the operational and financial performance of the business unit.
The Commercial Manager has responsibilities that vary depending on the size and type of organisation. Typical job duties and responsibilities may include, but are not limited to:
Development of financial plans including budgeting and forecasting for the short and long term
Analysing the business performance, including the profitability, revenue, pricing and cost of goods sold
Managing budgets, expenses and pricing and commercial arrangements
Lead role in advising around pricing for commercial contracts
Driving efficiencies to ensure contracts remain financially viable and delivered on budget
Partnering with business managers to drive financial performance
Supporting the Sales and Marketing department by conducting an analysis of commercial opportunities
Preparing models to assess future profitability of identified opportunities
Supervising staff - often a Management or Divisional Accountant and reviewing work
Taking a lead role in solving commercial issues that may arise
Some of the more common skills and attributes most needed for a Commercial Manager may include, but are not limited to:
Ability to identify issues and areas for improvement through analysis
Exposure and conceptual understanding of contract law and pricing
Strong commercial acumen and business understanding
Ability to manage both internal and customer relationships
Excellent leadership qualities
Team orientated, with strong relationship and interpersonal skills
Advanced negotiation, influencing and stakeholder management abilities
Excellent written and verbal communication skills
Excellent numeracy skills
Intermediate to advanced computer software skills, including Excel and other accounting packages
Degree qualified
Professional Accounting qualifications such as CA or CPA
$140 - $180k + Super
Operations Manager
COO
For hiring managers ready to recruit a Commercial Manager, download our job description template.
For job seekers who need to write or update their resume, download our resume guide and template.
A Commercial Manager is often found in medium-larger companies with the primary objective of driving commercial outcomes. Responsibilities include pricing improvement, analysing costs, keeping track of expenses, identifying initiatives to drive better profitability of the business, analysis of contracts/tenders, and working with non-finance stakeholders to help them understand how to improve results.
Commercial Managers can earn between $150k and $220k + Super, depending on the role and/or the size and complexity of the business.
A Commercial Manager is generally degree-qualified and will have an accounting or analytical background. You will have progressed through the ranks from junior to mid-level roles and be able to demonstrate your commercial acumen and ability to build stakeholder relationships. Varied experience is often present on the resume of a Commercial Manager.
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