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Commercial Manager
3 weeks ago
1. Contract Management: Review, negotiate, and manage contracts with suppliers, subcontractors, and clients. Ensure that all parties adhere to the agreed-upon terms and conditions.
2. Cost Management: Monitor project costs and expenses, identify cost-saving opportunities, and develop strategies to keep the project within budget. This may involve gathering cost estimation, budgeting, and financial forecasting.
3. Risk Management: Identify potential risks and issues related to the project's financial and commercial aspects. Develop risk mitigation strategies and contingency plans to address these risks.
4. Procurement and Supplier Management: Oversee the procurement process, in line with budget and commercial terms.
5. Financial Reporting: Prepare and present financial reports and project cost analyses to project stakeholders and senior management. This includes tracking project revenue, expenses, and profitability.
6. Change Management: Evaluate and manage changes to project scope, contracts, or budget. Ensure that changes are properly documented, approved, and communicated to all relevant parties.
7. Revenue Recognition: Ensure that project revenue is recognized in accordance with accounting standards and project milestones.
8. Compliance and Legal Matters: Ensure that the project complies with all relevant laws, regulations, and industry standards. Address legal and compliance issues as they arise.
9. Financial Forecasting: Develop financial forecasts to project future costs and revenues, helping the project team and management make informed decisions.
10. Dispute Resolution: If disputes or disagreements arise during the project, the Commercial Manager may play a role in resolving them, whether through negotiation, mediation, or legal action.
11. Stakeholder Communication: Maintain effective communication with internal and external stakeholders, including clients, suppliers, and project teams. Keep them informed about financial and commercial aspects of the project.
12. Performance Metrics: Define and track key performance indicators (KPIs) related to the project's financial and commercial success. Use these metrics to evaluate the project's performance and make adjustments as necessary.
13. Continuous Improvement: Identify opportunities for process improvements in project financial management and implement best practices to enhance efficiency and profitability. Contract Management: Review, negotiate, and manage contracts with suppliers, subcontractors, and clients. Ensure that all parties adhere to the agreed-upon terms and conditions.
**Salary**: AED10,000.00 - AED15,000.00 per month
Ability to commute/relocate:
- Sharjah: Reliably commute or planning to relocate before starting work (required)
Application Question(s):
- Total how many years of experience?
- On which Visa are you currently on?
- How many days of notice period?
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