Commercial Manager

Responsibilities

1. Cost Estimation
   Preparing accurate cost estimates for projects at the tender stage.
   Analyzing project requirements and providing financial projections.
   Developing budgets and ensuring they align with project goals and client expectations.
2. Contract Management
   Reviewing, negotiating, and managing contracts with clients, subcontractors, and suppliers.
   Ensuring compliance with contractual terms and mitigating any risks associated with contracts.
   Resolving contract-related issues, such as disputes or variations.
3. Procurement and Vendor Management
   Identifying and procuring materials, services, and subcontractors while ensuring cost-effectiveness.
   Negotiating terms with suppliers and subcontractors to ensure value for money.
   Monitoring supplier and subcontractor performance to meet timelines and quality standards.
4. Cost Control and Value Engineering
   Monitoring project costs to prevent overruns and inefficiencies.
   Identifying opportunities for cost-saving through value engineering without compromising quality.
   Regularly updating project budgets and advising on financial forecasts.
   Assessing financial and contractual risks across projects.
   Developing mitigation strategies to protect the company's commercial interests.
   Managing claims and change orders, ensuring proper documentation and negotiations.
5. Cash Flow Management
   Overseeing invoicing processes, ensuring timely client payments.
   Managing cash flow by controlling expenses and tracking project milestones.
   Preparing payment schedules for subcontractors and suppliers.
6. Team and Stakeholder Collaboration
   Coordinating closely with project managers, estimators, and other team members to ensure smooth project execution.
   Acting as a liaison between clients, contractors, and internal teams for commercial and financial matters.
   Ensuring client satisfaction by delivering projects within commercial agreements.
7. Reporting and Financial Analysis
   Preparing regular financial reports, cost tracking, and progress updates.
   Providing data-driven insights to management for strategic decision-making.
   Analyzing profitability and performance of projects.

Desired Candidate Profile

• Strong knowledge of fitout project processes and financial management.
• Expertise in contract law and negotiation.
• Proficiency in cost estimation tools and financial software.
• Excellent problem-solving and communication skills.
• Attention to detail to ensure accurate reporting and cost control.