Commercial Project Manager

Tasks and Responsibilities

(a)Responsible for completion of all commercial and contractual tasks in line with schedule, cost and quality requirements in projects

(b)Support to Technical Project Manager in relation to all commercial and contractual issues whilst complying with UAE contractual, fiscal laws and Company commercial regulations

(c)Act as the main point of contact for clients regarding commercial and contractual matters. Build and maintain strong relationships with clients to ensure customer satisfaction and repeat business

(d)Cost Management:

• Prepare and manage project budgets, forecasts, and financial reports. Monitor costs and expenditures to ensure that projects stay within budget
• Internal project controlling including regular project reporting/project status discussions/milestone reviews; period related planning of project key performance indicator
• Collaboration with Technical Project Manager on the project completion report and summarizing the lessons learned with feedback to the management
• Oversee the financial performance of construction projects, including cash flow management, invoicing, and payment schedules. Identify and mitigate financial risks
• Commercial project coordination (e.g. requesting and tracking bank guarantees, insurance, issuance of Invoices to Client, approval of Subcontractor/Vendor invoices etc.)

(e)Contract Management

• Monitoring and ensuring that all contractual deliverables are accomplished
• Lead the negotiation, drafting, and management of contracts with clients, subcontractors, and suppliers. Ensure that all contracts comply with legal and company requirements
• Manage the tendering process, including the preparation and evaluation of bids. Negotiate and secure the best terms with suppliers and subcontractors
• Provide regular updates and reports to senior management on the commercial status of projects, including financial performance, risks, and opportunities

(f)Claim and change order management:

• Identify potential risks in contracts and projects and develop strategies to mitigate them. Ensure compliance with industry standards and regulations
• Handle any claims related to the construction projects, including variations, delays, and disputes. Ensure that claims are resolved efficiently and in line with contractual obligations
• Preparation of claims summary including write-up and calculations in coordination with Technical Project Manager
• Asserting own claims and warding off unjustified claims; agreeing to contractual changes with regards to the scope of delivery and services, prices, deadlines & other contractual agreements

(g)Opportunity and risk management

Identifying and financially assessing opportunities and risks of each individual projects, defining & implementing suitable measures for reducing risks or realizing opportunities and taking precautions for remaining risks, as required

Competencies Required

(a)Educational Qualifications

Bachelor or Master degree in any discipline

Additional professional qualifications (e.g., RICS) will be added advantage

(b)Experience

Minimum 10 years of experience in a commercial management role within the construction industry Proven experience in managing large-scale construction projects

(c)Skills

Technical Skills

Strong knowledge of construction contracts, including NEC, JCT, and FIDIC

Excellent negotiation and contract management skills

Proficient in financial management and cost control

Analytical thinking and problem-solving skills

Communication Skills

Excellent communication and interpersonal skills

Supervisory / Leadership

Strong leadership and team management abilities

(e)HSE requirements

HSE Induction/ Office Safety / Ergonomics / Fire Prevention & Control / Electrical Safety/ Occupational Health / Environmental Awareness / Accident / Near Miss Reporting / Emergency Response / Defensive Driving / Compressed Gas Cylinder Handling / Work at Height / Waste Management