Reports To: Project Services Director
Subordinate Staff: Procurement & Contracts Manager, Cost Planning Manager and Quantity Surveyor
Department: Development & Project Services
Summary
Responsible for all commercial services required by project development teams with respect to cost planning and control, contracts management, procurement, and quantity surveying
Key Duties & Responsibilities: (Include but not limited to the following)
A. Education and Experience
Only shortlisted candidates will be contacted.
Subordinate Staff: Procurement & Contracts Manager, Cost Planning Manager and Quantity Surveyor
Department: Development & Project Services
Summary
Responsible for all commercial services required by project development teams with respect to cost planning and control, contracts management, procurement, and quantity surveying
Key Duties & Responsibilities: (Include but not limited to the following)
- Establish work procedures and coordinate working of cost planners, contract managers and quantity surveyors to support project development initiatives
- Oversee feasibility studies and estimate monitor and control construction costs, to establish project budgets
- Develop a suite of project monitoring tools, cost control techniques, cost planning and commercial/ technical legal standards
- Establish an international cost database with both functional and elemental cost benchmarks relevant to real estate development; develop cost benchmarks and indicators for all key markets for the Company
- Initiate, prepare, chair and document value engineering and other workshops to identify saving mechanisms
- Identify, assess and manage commercial risks of projects
- Liaise with the Sales division to ascertain project revenues and develop project Profit & Loss statement
- Coordinate with Finance division on project cash-flow and project financing needs
- Prepare status reports on commercial management of projects for review by Development Director, on a regular basis or as required
- Develop procurement strategies as per project requirements
- Supervise the registration and prequalification of all the contractors, material suppliers, project consultants based on defined criteria
- Supervise and ensure that all the tendering contracts and procurement are carried out according to approved procedures and as per contract specification, and review bids to finalize the recommendations for approval
- Participate in contract and other negotiations as required
- Implement real-time and pro-active cost control procedures
- Select, develop and lead a team for commercial services required for project delivery
A. Education and Experience
- Minimum Bachelor’s degree in commercial management or a related vocational discipline
- At least 12-15 years of experience in real estate or large scale construction or infrastructure, with some projects in excess of US$ 100 Mn;
- at least 5-6 years should have been in a senior commercial management role with a well reputed organization
- Thorough knowledge of contracts management, cost planning, budgeting and project accounting
- Knowledge of a large number of alternative procurement methods and tendering procedures
- Ability to lead a team and coordinate allocation of resources
- Strong interpersonal, communication and leadership skills
- Excellent negotiation skills
- Excellent business writing skills
- Good computer skills required for analyzing and monitoring commercial activities
- High degree of facility with the English language; knowledge of Arabic language is an advantage
Only shortlisted candidates will be contacted.
