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Commercial Manager - Lekki

Ascentech services limited
₦700,000 - ₦1,000,000 a month
Ibeju Lekki, Lagos State
3 weeks ago

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:

Application Question(s):

Experience:

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