Commercial Manager at Ascentech Services Limited

Ascentech Services Limited is a full-fledged Human Resource Solution Provider incorporated in 2013 with its Head Office in Lagos, Nigeria. We are committed to forging long-term partnerships with our clients by creating and delivering robust and flexible services that address the changing needs of their business.

We are recruiting to fill the position below:

Job Title: Commercial Manager

Location: Ibeju Lekki, Lagos
Employment Type: Full-time
Department: Zone Development
Reports to: Deputy General Manager - Commercial

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

Salary
N700,000 - N900,000 / month.

Application Closing Date
12th August, 2025.

How to Apply
Interested and qualified candidates should send their CV to: cv@ascentech.com.ng using the job title as the subject of the email.