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Commercial Operations Manager

2 months ago

Dubai, Dubai, United Arab Emirates Boundless Full time
About the Role

Boundless is seeking a highly skilled Commercial Manager to join our team. As a key member of our organization, you will be responsible for overseeing the financial and operational aspects of our real estate development projects.

Key Responsibilities

Financial Feasibility and Budget Management

  • Conduct thorough financial feasibility studies to assess the viability of potential real estate development projects.
  • Develop comprehensive budgets and financial plans for individual projects.
  • Manage project budgets throughout the development process, tracking expenses, and ensuring adherence to financial plans.
  • Identify cost-saving opportunities and strategies to optimize project profitability.

Contract and Supplier Management

  • Negotiate and manage contracts with contractors, suppliers, and vendors.
  • Ensure that contracts comply with legal and regulatory requirements.
  • Monitor contract performance and resolve disputes when necessary.
  • Establish and maintain strong relationships with suppliers, contractors, and vendors.
  • Evaluate and select suppliers based on performance, quality, and cost-effectiveness.

Procurement Optimization

  • Streamline procurement processes and workflows to improve efficiency and reduce lead times.
  • Oversee procurement activities, ensuring cost-efficiency, quality, and timely delivery of materials, services, and equipment needed for real estate development projects.

Risk Management

  • Identify and assess potential risks associated with real estate development projects.
  • Develop risk mitigation strategies to minimize financial and operational risks.
  • Ensure procurement activities adhere to legal and ethical standards, including compliance with relevant laws and regulations.

Project Coordination and Monitoring

  • Collaborate with project managers to ensure projects are delivered on time and within budget.
  • Monitor project progress and provide financial guidance to project teams.
  • Track key performance indicators (KPIs) to measure project success.
  • Prepare regular financial reports for senior management and stakeholders, summarizing project performance, budgets, and financial forecasts.
  • Provide insights and recommendations based on financial data analysis.

Qualifications

  • Bachelor's degree in Business Administration, Commerce, Finance, or a related field.
  • Minimum of 5 years of experience in commercial management, preferably within the real estate or construction industry.
  • Professional certification (e.g., MRICS, MCIPS) is preferred.
  • Proficient in contract law, procurement practices, and cost management.

Skills and Competencies

  • Strong understanding of contract management, procurement, and cost control.
  • Proficiency in financial planning and analysis.
  • Excellent negotiation and communication skills.
  • Strong leadership and team management abilities.
  • High attention to detail and problem-solving skills.
  • Ability to work collaboratively in a team environment and manage multiple projects simultaneously.