Commercial Manager - Dar Al Riyadh
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Salary Not Disclosed
1 Vacancy
Job Description
We are seeking an experienced Commercial Manager with a minimum of 25 years of expertise in managing commercial aspects of largescale hospitality projects within the Project Management Consultancy (PMC) sector. The Commercial Manager will be responsible for overseeing contract management procurement cost control and financial management to ensure the successful delivery of projects within budgetary constraints and contractual obligations.
Responsibilities:
- Manage all aspects of contract administration including contract drafting negotiation and execution.
- Ensure compliance with contract terms conditions and requirements throughout the project lifecycle.
- Develop procurement strategies sourcing plans and vendor selection criteria to optimize project outcomes.
- Oversee the procurement process including bid solicitation evaluation award and contract management.
- Prepare accurate cost estimates budgets and financial forecasts for project planning and control.
- Monitor project expenditures track costs against budget and implement costsaving measures as necessary.
- Establish financial controls policies and procedures to ensure effective cash flow management and financial reporting.
- Conduct financial analysis variance analysis and performance reviews to identify trends risks and opportunities.
- Identify assess and mitigate commercial risks and uncertainties that may impact project profitability and financial viability.
- Develop risk management strategies and contingency plans to address potential issues and protect project interests.
- Manage and resolve commercial claims disputes and variations in accordance with contractual provisions and legal requirements.
- Liaise with legal counsel stakeholders and project teams to negotiate settlements and mitigate liabilities.
- Serve as the primary point of contact for commercial matters with clients subcontractors suppliers and other external stakeholders. Foster strong relationships address client concerns and ensure client satisfaction throughout the project lifecycle.
Minimum Requirements:
- Bachelors or Masters degree in Engineering Business Administration Finance Quantity Surveying or related field.
- Minimum of 25 years of progressive experience in commercial management roles within the construction industry with a focus on largescale hospitality projects.
- Strong knowledge of contract law commercial terms and industry standards related to construction contracts and procurement.
- Excellent negotiation communication and interpersonal skills with the ability to influence and persuade stakeholders.
- Proficiency in financial analysis budgeting and cost control techniques with a focus on maximizing project profitability.
- Effective problemsolving decisionmaking and risk management abilities with a proactive and solutionsoriented approach.
- Demonstrated leadership team management and conflict resolution skills with the ability to lead and motivate crossfunctional teams.
- Professional certifications or affiliations in commercial management or contract administration (e.g. MRICS CIPS CCM) would be advantageous.
- Experience working in a PMC environment or with hospitality industry clients.
- Familiarity with relevant regulatory requirements international standards and best practices in commercial management.
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Employment Type
Full Time
