Job Title: Commercial Manager
Department: Zone Development
Reports to: Deputy General Manager - Commercial
Location: Ibeju Lekki, Lagos
Job Summary:
We're seeking an experienced Commercial Manager to oversee financial and commercial governance across ongoing and new development projects. The ideal candidate will have expertise in construction costing, strong analytical skills, and experience in multi-project environments.
Key Responsibilities:
- Budgeting & Forecasting
- Prepare annual budgets and project-specific financial plans aligned with company goals
- Develop rolling forecasts reflecting changes in project scope, timelines, and costs
- Collaborate with project, engineering, and finance teams to align budget assumptions with operational realities
- Cost Tracking & Analysis
- Monitor actual expenditures against budgeted amounts in real-time
- Conduct deep-dive analysis of general ledgers to ensure accurate expense booking
- Prepare variance analysis reports and identify key cost drivers and risk areas
- Cost Allocation & Internal Consumption
- Establish processes for proper cost allocation (labor, materials, equipment usage, etc.)
- Ensure internal consumption is recorded, valued, and reflected in project cost reports accurately
- Inventory & Store
- Oversee tracking and accounting of store inventories and material issuance
- Engage with engineers in quarterly store inventory planning
- Implement internal controls to prevent loss or misuse
- Reporting & Commercial Insights
- Submit timely and accurate commercial reports to senior stakeholders
- Provide recommendations to support decision-making and improve project profitability
- Process Improvement & Governance
- Develop standardized procedures for cost control, budget monitoring, and inventory tracking
- Drive continuous improvement in commercial processes and systems
Requirements:
- Education: Bachelor's degree in Finance, Economics, or related field (Master's preferred)
- Experience: 7-10 years of experience in commercial project development, with at least 5 years in real estate business
- Skills:
- Attention to detail and accuracy
- Strong analytical and problem-solving skills
- Effective communication and coordination across departments
- Ability to manage tight deadlines and multiple priorities
- Proactive mindset with a focus on efficiency and transparency
Job Type: Permanent
Pay: ₦700,000.00 - ₦1,000,000.00 per month
Ability to commute/relocate:
- Lekki: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- Do you have experience with real estate project?
- Which of the industry do you have experience with (Real Estate, Construction, Civil Engineering, Oil & Gas?
Experience:
- Commercial Manager: 7 years (Preferred)