Description

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, contracting, negotiating, financial administration, contract laws, and even property management. In a smaller company, it is likely that the commercial manager fulfills pieces of all of these responsibilities; in a larger company, it is more likely that a commercial manager oversees others that specialize in these roles or limits their specialty to specific areas while other staff handle remaining roles.Commercial managers are usually expected to have some kind of secondary education, as well as a large amount of experience in areas such as market research. Other needed skills include interpersonal communications skill, the ability to negotiate, and the ability to make decisions effectively. They must also be able to understand all aspects of the company and its operations.

Roles & Responsibilities

As a Commercial Manager with 0-3 years of experience in Canada, your main responsibilities include:

  • Support the development of sales strategies, including market research and analysis, to identify potential customers and opportunities. Conduct market research to identify target customers and market trends. Analyze data to evaluate market potential and make informed sales decisions.
  • Assist in the preparation of sales proposals, contracts, and presentations to potential clients. Collaborate with the sales team to develop compelling proposals and presentations. Ensure accuracy and completeness of sales documents.
  • Coordinate with internal teams to ensure smooth execution of projects and delivery of products/services. Communicate effectively with cross-functional teams to ensure alignment and timely delivery. Monitor project progress and resolve any issues that may arise.
  • Provide support in monitoring and analyzing sales performance, including tracking sales metrics and generating reports.

Qualifications & Work Experience

For a Commercial Manager, the following qualifications are required:

  • Strong business acumen and strategic thinking to develop and execute effective commercial strategies, driving revenue growth and maximizing profitability.
  • Proven experience in contract negotiation and management, with the ability to identify and mitigate potential risks and optimize commercial terms and conditions.
  • Excellent interpersonal and communication skills to build and maintain relationships with key stakeholders, including clients, suppliers, and internal teams, fostering a collaborative and customer-centric approach.
  • Demonstrated leadership abilities to lead and inspire a team, providing guidance and support in achieving sales targets and overall business objectives.

Essential Skills For Commercial Manager

1

Finance Analytics

2

Principles of Finance

3

Financial Modeling

Skills That Affect Commercial Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Strategic Negotiations

3%

Business Management

16%

Career Prospects

The Commercial Manager job role is crucial in ensuring effective operations and business growth. For professionals with 0-3 years of experience in Canada, here are four alternative roles to consider:

  • Sales Coordinator: This role involves supporting the sales team by managing administrative tasks, coordinating sales activities, and maintaining customer relationships.
  • Project Coordinator: A position focused on assisting project managers in planning, organizing, and executing projects. This role requires strong organizational and communication skills.
  • Marketing Assistant: Joining the marketing team, this role involves assisting in the implementation of marketing campaigns, conducting market research, and supporting various marketing activities.
  • Operations Analyst: A position that involves analyzing business processes, identifying areas for improvement, and implementing strategies to enhance operational efficiency.

How to Learn

According to the latest data from Google, the projected growth of the Commercial Manager role in the Canadian market is expected to be positive in the next 10 years. The position is anticipated to witness a steady increase in demand, indicating a promising job market for aspiring Commercial Managers. While specific employment opportunities were not mentioned, the positive growth outlook suggests that there will likely be a considerable number of job openings in the future. These optimistic projections make the Commercial Manager role an attractive career option for individuals seeking long-term opportunities in Canada.