Commercial Manager

2 days ago


UAE, United Arab Emirates NSR Associates Full time

**Commercial Manager - Client Side**:

- Location
- United Arab Emirates
- Salary
- circa 40k aed/mth plus benefits, flights, medical
- Sector
- Real Estate & Property Development
- Ref No.
- mco89

Due to the rapid growth in Ras Al Khaimah our Client, a leading Real Estate Developer, is looking to expand its commercial department. Reporting to the Head of Commercial/Contracts for the company you will be expected to control, monitor and administer the contractual and commercial requirements and obligations of the projects. You will also provide input, support and advice to the other departments involved in the projects with the objective of minimizing financial cost, maximizing financial recovery and limiting contractual and commercial exposure to dispute.

**Description**:
**Duties**:

- Manage and oversee the consultants and contractors cost control procedures throughout the duration of the project.
- Manage and implement all required cost control and audit procedures for all Project Cost Control activities designed to measure the project status.
- Assess, evaluate and make recommendations related to any financial claim and providing the necessary input with regards to the contracts in place.
- Evaluate all variations, additional works, field changes, additions and omission, and incorporation of the same with the Monthly Cost reports.
- Prepare pricing Change Orders and negotiating agreement with the Contractor / Consultants as necessary.
- Report on contractual and financial matters related to all consultancy /contracting companies.
- Liaise with the legal department on all legal matters concerning the contracting organizations.
- Liaise with senior representatives of third party, project management, consultant, main contractor and subcontractor organizations.
- Review and verify all contract documentation between the consultancy /contracting companies and any other party.
- Develop, implement and monitor monthly cost control mechanisms, including financial statements and document control procedures.
- Review contractual correspondence to protect the company interests.
- Review and verify all contract documentation between the contracting companies and any third party.
- Review and verify correctness and suitability of outside consultant produced contracts.
- Facilitate Value Engineering Workshops at design and construction phases.
- Manage Quantity Surveyors on take offs of multi-discipline design quantities (Bills of Quantities - BOQ).
- Maintains proper and complete communication with the Project Team on all commercial related issues.
- Provide guidance to project staff on commercial issues.
- Manage the settlement and resolution of consultant and contractors claims.
- Manages project invoicing/billing from the consultant, contractors, and suppliers.
- Supervise the management of contractual cost controls and financial control procedures.
- Supervise the management of projects on all matters related to commercial/contractual matters including claims and dispute resolution.
- Participate in cost and contractual review meetings and reports thereon.
- Oversee the completion of all close out formalities and the final account for the projects.
- Supervise the monthly project cost reports and input to consolidated Monthly Report.
- Provide general commercial/contractual support to the project teams.
- Deal with and resolution of problematic contractual issues and safeguards the company’s interest at all times.
- Improve / Develop Quantity Surveying practices and systems.
- Process and certify Payment Applications by the contractors/consultants/suppliers.
- Oversee and verify final accounts.
- Ensure all bonds and insurances required are submitted on time and as per contract requirement by contractor and subcontractors.
- Manage contracts & administration in relation to all contractual matters, including Preparation of RFPs preparing commercial enquiries & tenders.
- **Minimum of 10 years experience with at least 3 years spent in the UAE.**:

- **Degree qualified preferred with MRICS membership an advantage**:

- **Experience with drafting / reviewing Contract T&C’s, Commercial reporting.**:

- **An excellent grasp of English Written/Communication skills is a necessity.**:

- **A mixed background spent with International Contractors/Consultants and Client side would be preferential.**:

- Knowledge of FIDIC based Contracts from the Contractor/Subcontractor perspective.
- Strong sound knowledge of Construction law, Contracts with specific emphasis on building Contracts.
- Sound knowledge in most building/Construction and Civil works systems and methodologies as well as their sequences of works programs etc. for the running of a sound project (delivered).
- Good knowledge and experience in construction contractual matters in major Building, Mechanic and Civil Works.
- Detailed knowledge and understanding of Contract Administration.
- Detailed knowledge and understanding of cost control and forecasting.
- F


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