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Millbank Holdings Ltd; Hull and East Yorkshire; On-site; GBP 81,000 - 99,000; Full time

Job summary

Millbank Holdings Ltd in Hull is recruiting a Commercial Manager to lead the commercial and financial management of diverse engineering contracts. You will drive governance, forecasting, and cost control while partnering with senior leadership, project teams and procurement to optimise profitability.

The role offers exposure to high-value projects and requires strong stakeholder management and SAP experience in a fast-paced environment.

Qualifications

• Experience leading commercial teams on multiple contracts.
• Ability to prepare monthly management accounts and financial reports.
• Strong understanding of contract governance principles.
• Experience developing project budgets, forecasts and cost reports.
• Experience working in fast-paced project delivery environments.

Responsibilities

• Lead the commercial and financial management of projects from inception through to close out.
• Provide visibility of contract financial performance through monthly management accounts.
• Support contract controls and governance processes.
• Conduct audits and commercial reviews to identify improvements.
• Ensure effective financial controls and compliance with policies.
• Support project teams in achieving contractual performance and financial targets.
• Liaise with project management, finance, procurement and operations teams.
• Review and monitor contract terms to ensure compliance.
• Review client invoices for accuracy prior to submission.
• Assist with contract valuations, applications for payment and reporting.
• Support management of contract variations and cost/value reporting.
• Maintain cost monitoring and control mechanisms.
• Support budgeting and forecasting processes and data integrity.

Skills

Commercial leadership

Financial reporting

Contract management

SAP

Forecasting

Cost control

Education

Finance degree

Commercial qualification

Tools

SAP

Job description

Do you have previous experience in a Commercial, Finance, Cost Control or Contracts role, ideally within engineering, industrial, manufacturing or project environments?

Are you confident producing financial reports, analysing project performance, supporting contract administration and working with systems such as SAP?

Would you like to join a major engineering and project delivery team where you can influence project profitability, support strategic decision making and gain exposure to a diverse portfolio of high value contracts?

The Opportunity

Due to continued growth and project demand, our client is seeking a Commercial Manager to support the commercial and financial management of a diverse portfolio of engineering and project delivery contracts.

This is an excellent opportunity for a commercially minded professional to work closely with senior leadership, project teams, finance and procurement functions, playing a key role in ensuring strong commercial governance, financial control and project performance. The successful candidate will contribute to contract management, forecasting, reporting, cost control and continuous improvement activities across multiple projects.

In return, you will gain exposure to complex project environments, work with a collaborative and experienced team and can further develop your commercial and financial management skills.

Your duties and responsibilities will be

• Lead the commercial and financial management of projects from inception through to close out
• Provide visibility of contract financial performance through the preparation of monthly management accounts
• Support the delivery of robust contract controls and governance processes
• Conduct audits and commercial reviews to identify performance improvements and opportunities
• Ensure effective financial controls are implemented and maintained
• Ensure compliance with company policies, procedures and commercial governance requirements
• Support project and operational teams in achieving contract performance objectives and financial targets
• Liaise with project management, finance, procurement, tendering and operational teams
• Review and monitor contract terms and conditions to ensure compliance
• Review client invoices for accuracy and completeness prior to submission
• Assist with contract valuations, applications for payment and financial reporting activities
• Support the identification and management of contract variations and changePrepare and analyse cost and value reports
• Implement and maintain effective cost monitoring and control mechanisms
• Support budgeting and forecasting processes and ensure the integrity of financial information

You will have the following qualifications & experience

• Proven experience in a Commercial Manager or similar commercial leadership role
• Experience managing the financial and commercial performance of projects and contracts
• Strong understanding of contract management and commercial governance principles
• Experience developing and reviewing project budgets, forecasts and cost reports
• Experience preparing monthly management accounts and project financial reports
• Strong commercial awareness and financial acumen
• Experience working within a fast paced project delivery environment
• Ability to analyse financial information and provide meaningful commercial insight
• Strong stakeholder management and communication skills
• Ability to work under pressure and deliver to challenging deadlines
• Finance degree, commercial qualification or equivalent relevant experience
• Experience using SAP or similar enterprise resource planning systems

It’s great if you also have the following

• Experience within engineering, industrial, manufacturing, energy or infrastructure sectors
• Experience supporting major projects or programmes
• Progress towards a recognised accounting or commercial qualification
• Experience with claims management and contract change processes
• Knowledge of project controls and performance reporting methodologies
• Experience driving process improvements and standardisation initiatives
• Experience working within multidisciplinary project environments

The setting for the role

This role is based onsite in Hull and operates within a busy engineering and project delivery environment. You will work closely with project managers, project controls specialists, operational teams, finance professionals and procurement teams to ensure commercial excellence across multiple projects and contracts. The position offers a high degree of responsibility, stakeholder engagement and the opportunity to directly influence project performance, profitability and business success.

Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.

We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.

Millbank operates as both an Employment Agency and an Employment Business.

Proud member of the Disability Confident employer scheme

Commercial Manager

Company: Millbank Holdings Ltd

Salary: £90,000 to £90,000 a year

Hours: Full-time

Location: Kingston upon Hull, HU12 8DS

Job type: Permanent

Posting date: 4 Sept 2026

Closing date: 3 Oct 2026