Senior Commercial Manager

Equinix

Chicago (IL)

On-site

USD 150,000 - 224,000

Full time

10 days ago

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Benefits offered by this job

Health benefits
PTO and holidays
Equity may be offered

Job summary

Equinix, a global digital infrastructure leader, seeks an experienced Commercial Manager to oversee pre‑construction procurement, budgeting and cost management for major expansion projects across the AMER region. You will coordinate with Design, Construction, Procurement, Finance and Legal to drive down costs and manage contract risk.

In this role you will develop RFPs, manage third‑party consultants and contractors, prepare budgets, and provide monthly financial reporting.

Qualifications

  • Bachelor’s degree in construction, business, financial or related field or equivalent experience.
  • Proven experience in a Commercial Management role at senior level.
  • Data center experience preferred and mission critical facility knowledge.
  • RICS accreditation preferred.
  • Detail oriented with accurate input and proofreading.
  • Ability to handle multiple tasks in a fast-paced environment.
  • Strong business acumen and communication skills.
  • Excel, Power BI and cost-management tool skills.

Responsibilities

  • Pre‑Contract procurement of third‑party consultants including design, commercial and pre‑construction services.
  • Development of detailed RFPs and service deliverables for commercial management services.
  • Day-to-day management of third‑party commercial consultants to ensure timely delivery.
  • Development of GC and supplier procurement strategies with CM team.
  • Prepare General Contractor contracts, including negotiation of terms.
  • Prepare budgets for design stages and present to senior management.
  • Monitor budgets, cost data, and risk across projects.
  • Lead commercial risk management and change evaluation efforts.
  • Provide CIP data to Finance and manage cashflow forecasts.
  • Produce monthly cost reports on budget, cashflow, risk and changes.

Skills

Excel
Power BI
Cost Management Tools

Education

Bachelor's degree in construction, business, financial or related field

Job description

Who are we? Equinix is the world’s digital infrastructure company®, shortening the path to connectivity to enable the innovations that enrich our work, life and planet. A place where bold ideas are welcomed, human connection is valued, and everyone has the opportunity to shape their future. A career at Equinix means being at the center of shaping what comes next and amplifying customer value through innovation and impact.You’ll work across teams, influence key decisions, and help shape the path forward. You’ll find belonging, purpose, and a team that welcomes you—because when you feel valued, you’re empowered to do your best work.

Job Summary

This position sits within the Equinix Global Design and Construction team (Circa 300 no. people) who deliver over 70 projects globally per year (in excess $4Bn annual capex). The primary focus of the role is commercial management oversight across Equinix’s portfolio major expansion construction projects throughout AMER The position works closely with other internal project teams. Including Design, Construction, Procurement (including Major Capital Equipment (MCE) Purchasing), Finance, PMO, Legal and Corporate Development The role is expected to provide proactive strategic and day‑to‑day leadership specifically focused to drive down construction costs, provide assurance against internal financial controls and reporting processes and help manage all major contract risks.

Responsibilities
  • Pre‑Contract Procurement of third‑party consultants including Design, Commercial and Pre‑Construction Services
  • Development of detailed Request for Proposals (RFP) and service deliverables for the commercial management services
  • Day to day management of third‑party commercial consultants to ensure deliverables are met in a timely manner and to a high standard
  • Development of General Contractor and supplier procurement strategies in conjunction with the Construction Management (CM) team
  • Working with Legal and Procurement Centre of Excellence (COE) to prepare General Contractor Contracts including negotiation of Contract terms
  • Collation and presentation of market insights for the construction industry in the relevant country including market activity, comparative builds, construction cost indices, key suppliers and benchmarking information
  • Preparation of budgets for all design stages including feasibility estimation, detailed cost modelling, benchmarking analysis and presentation of this to senior management throughout funding approval stages
  • Advice on the most economical design and construction delivery strategy including budget comparisons
  • Identification of market and region‑specific commercial risks and development of practical mitigation strategies
  • Ensuring that all cost data is prepared and presented in the Equinix WBS throughout the Project lifecycle
  • Input and action of Value Engineering (VE) exercises at all stages of design. The output must include clear cost evaluation to support decision making
  • Prepare annual and quarterly cashflow forecasts for active and pipeline projects
  • Prepare and oversee monthly reports for budget, cashflow, risk and change management
  • Post Contract Day to day management of third‑party commercial consultants to ensure deliverables are met in a timely manner and to a high standard
  • Monitor adherence against budget throughout the project lifespan including cost checks and reviews, value engineering and cost saving initiatives and evaluation of alternates
  • Oversee and provide guidance on commercial change management and change evaluation efforts on all projects
  • Monitor and report monthly and quarterly on project portfolio cash flow for the region
  • Provide Construction in Place (CIP) data to Finance
  • Pro‑actively lead all commercial risk management efforts including commercial audits, contingency analysis and management
  • Prepare and oversee monthly cost reports for budget, cashflow, risk and change management
  • Monitor the financial close‑out on all projects including settlement of all vendors
  • Prepare lessons learned cost analysis and detailed Work Breakdown Structure (WBS) analysis of outturn costs
Qualifications
  • Bachelors degree in construction, business, financial or related field, or equivalent experience
  • Proven experience in a Commercial Management role at a senior level
  • Demonstrated mission critical facility experience, strong preference for data center experience
  • Working knowledge of mission critical MEP expertise
  • Preference for campus project experience
  • Preferably RICS accreditation
  • Detail orientated, with accurate input and proof‑reading skills
  • Ability to handle multiple tasks in a fast‑paced environment
  • Strong business acumen
  • Strong written and verbal communication skills
  • Strong sense of accountability, ownership and urgency
  • Strong Excel, Power BI, Cost Management Tool skills and experience
Targeted Pay Range

The targeted pay range for this position in the following location is / locations are: United States - Chicago Office CHO1 : 150,000 - 224,000 USD / Annual

Our pay ranges reflect the minimum and maximum target for new hire pay for the full‑time position determined by role, level, and location. The pay range shown is based on our compensation structure in place at the time of posting and may be updated periodically based on business needs. Individual pay is based on additional factors including job‑related skills, experience, and relevant education and/or training. The targeted pay range listed reflects the base pay only and does not include bonus, equity, or benefits. Employees are eligible for bonus, and equity may be offered depending on the position.

Equinix Benefits

As an employee, you become important to Equinix’s success. We ensure all your benefits are in line with our core values: competitive, inclusive, sustainable, connected and efficient. We keep them competitive within the current marketplace to ensure we’re providing you with the best package possible. So, wherever you are in your career and life, you’ll be able to enhance your experience and bring your whole self to work.

Employee Assistance Program

An Employee Assistance program is available to all employees.

US Benefits
  • Insurance: You may enroll in health, life, disability and voluntary plans that are designed for you and your eligible family members.
  • Retirement: You and Equinix may contribute to a retirement plan to help you plan for your financial future.
  • Paid Time Off (PTO) and Paid Holidays: You will receive an accrued amount of PTO each pay period along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to change and may be subject to specific plan or program terms.

Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form.

Equal Employment Opportunity

Equinix is an Equal Employment Opportunity and, in the U.S., an Aff… All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law. We use artificial intelligence in our hiring process. Learn more here. This posting is for a backfill position, meaning it is to fill an existing vacancy within our organization. Equal Employment Opportunity: Equinix is an Equal Employment Opportunity and, in the U.S., an Aff… Please click here to see the “Know Your Rights: Workplace Discrimination is Illegal” poster and supplement. Please click here to see our EEO Policy Statement. Please click here to see our Pay Transparency Policy Statement. Equinix participates in E-Verify. U.S. Citizenship and Immigration Services (USCIS) is the government agency that oversees lawful immigration to the United States. E-Verify is an Internet-based system that compares information from an employee's Form I‑9, Employment Eligibility Verification, to data from U.S. Department of Homeland Security and Social Security Administration records to confirm employment eligibility. To learn more about the E-Verify program, please visit E-Verify. www.equinix.com/company/legal/careers-verify-participation/ www.equinix.com/company/legal/osc-right-to-work/ Accessibility and Accommodations: Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form. Equinix maintains a list of preferred recruiting agencies. If your company is not on our list, please do not contact us regarding our postings. Please also refrain from making contact with anyone outside of the company HR department. Privacy and Terms: We keep the information that you have provided us for the purpose of sending you career information you are likely to be interested in. By submitting your application you confirm that you agree to this purpose and our privacy & terms. You can unsubscribe at any time should you wish to stop receiving information from us.

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