The average salary for a Commercial Manager at Transport for London in United Kingdom is £62,388.
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£53k - £83k
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£53k - £88k
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Job Description for Commercial Manager
A commercial manager fills a non-technical, business-oriented position within a company. Their main function is to oversee revenue and expenses used to create financial returns. This mostly is done through policy-level work, creating rules or practices to determine the steps that the business takes when conducting commercial business. The commercial manager often fills several sub-roles depending on the size of the company. Some of these can include individual sales responsibilities, marketing,…Read more
Commercial Manager Tasks
- Develop and maintain strong relationships with clients, creating new contracts and updating as conditions or tariffs change.
- Use analytics to create action plans for business growth.
- Oversee and direct contractors, staff, suppliers and carriers to ensure timely results.
- Procure and obtain materials and supplies for ongoing and one-time projects.
- Develop pricing structures and risk assessments for products to lead commercial efforts.
Popular Employer Salaries for Commercial Manager
The top respondents for the job title Commercial Manager are from the companies Mace, Marks and Spencer plc and HSBC. Reported salaries are highest at Balfour Beatty where the average pay is £73,177. Other companies that offer high salaries for this role include Babcock Marine and Mace, earning around £58,000 and £52,584, respectively. HSBC pays the lowest at around £33,681. International Business Machines (IBM) Corp. and Marks and Spencer plc also pay on the lower end of the scale, paying £36,500 and £37,918, respectively.
Commercial Manager Job Listings
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Popular Skills for Commercial Manager
Skills that pay less than market rate include Contract Negotiation, Contract Management and Commercial.
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