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Commercial Manager

Early Applicant
  • 20 days ago
  • Be among the first 50 applicants

Job Description

Job Descriptions

  • Manage commercial and contractual activities within the project efficiently and effectively
  • Identify areas of risk and methods of mitigation for projects.
  • Assist in managing contractual and commercial disputes
  • Participates in project budget reviews and provides advice when required.
  • Prepare and monitor project cost budget, cash-flow for the project, track changes in design/construction work, and variations, and adjust budget projections accordingly
  • Perform contracts administration including quotation, cost accounting, tenders, and contract documentation
  • Provide advice and information to projects on contractual and commercial matters
  • Review and negotiate contracts with clients, subcontractors, and suppliers to ensure favorable terms and minimize risks.
  • Manage post-contract activities by overseeing interim claims, variation orders, and contract amendments to ensure compliance and timely resolution of disputes.
  • Provide expert advice on PAM contracts and other standard forms of agreements, ensuring legal and financial obligations are met throughout the project lifecycle.
  • Develop strong contractual frameworks to manage risks effectively and align with the organization's goals.
  • Lead the preparation of detailed project budgets, forecasts, and cash flow projections to ensure project profitability.
  • Monitor and control project costs by conducting cost analysis, cost studies, and variance reporting.
  • Implement value engineering strategies to maximize the project's performance while reducing costs.
  • Ensure timely completion of final accounts and reconciliation of project finances.
  • Advise stakeholders on cost limits and suggest budget adjustments to avoid overruns.
  • Perform all duties by CCCC policies, processes, and systems in the development of tender submissions, ensuring alignment with technical requirements, timelines, and business strategies.
  • Assist and report to the Corporate Estimating Manager on commercial dispute resolution, and project matters
  • Lead and manage the commercial team of the project
  • Conduct regular commercial meetings with team members to evaluate progress, address challenges, and provide support and guidance
  • Review the list of suppliers and subcontractors
  • Forecast, monitor, and report to the Project Director and Project Manager about the project cashflow, S-Curves, budgets, expenses, financial performance, cost to complete and prepare mitigation measures to resolve commercial-related issues
  • Prepare and estimate monthly claims to clients, based on project progress
  • Review and submit documents for commercial audit purposes
  • Review and submit documents for progress claims, variation orders, and final accounts
  • Review, manage, and negotiate contracts from vendors, suppliers, and clients, ensuring alignment with project specifications
  • Prepare project documents for procurement
  • Approve progress payments and subcontractor claims
  • Prepare and manage project equipment, third-party liability, site, contractor all risk, fire insurance, and claims
  • Monitor financial compliance and conduct cost analysis to evaluate subcontractor quotations and claims
  • Review the detailed cost estimates for the construction project
  • Review the BOQs for project submissions
  • Assist in preparing EOT, progress claims, and Loss & Expense claims
  • Conduct risk assessments for project estimates and evaluate potential risks
  • Monitor procurement processes to ensure timely delivery of materials and oversee contractual administration
  • Review and manage subcontracts for project execution
  • Oversees the overall cost estimation and procurement process and record
  • Liaise with project teams, clients, and stakeholders to provide contractual advice and address any commercial concerns
  • Maintain accurate records of estimating and procurement activities and financial transactions
  • Participate in site meetings and technical discussions to ensure alignment on commercial aspects
  • Conduct regular contract performance reviews and audits of subcontractors and suppliers
  • Provide planning support and maintain project information for reporting purposes
  • Evaluate, review, and prepare regular reports for the Corporate Estimating Manager on the performance and success of the commercial team, highlighting challenges, risks, opportunities, and project progress
  • Liaise, coordinate, discuss, and negotiate with suppliers on the purchase or rental of plant machinery or equipment
  • Review cost comparison before purchase or rental of machinery or equipment

Job Requirements

  • Must have a Bachelor's Degree in Quantity Surveying
  • At least 15 years of relevant experience in quantity surveying, or commercial roles.
  • Strong organizational skills including attention to detail and a systematic approach to work
  • Excellent written, communication, and negotiation skills
  • Ability to analyze contractual and legal issues and provide solutions using appropriate problem-solving techniques
  • Proficient and competent in MS Office applications, particularly in Excel.
  • 5.5 days work week
  • Willing to work on Construction Site
  • Extensive experience managing large-scale construction projects (e.g., infrastructure, MRT projects, and high-rise developments ) will be advantageous.

More Info

Industry:Other

Job Type:Permanent Job

Skills Required

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Date Posted: 08/11/2024

Job ID: 99565699

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