Commercial Manager

Job Descriptions :

• Assist and report to the Project Manager on commercial dispute resolution,and project matters
• Lead and manage the commercial team of the project
• Conduct regular commercial meetings with team members to evaluate progress, address challenges, and provide support and guidance
• Review list of suppliers and subcontractors
• Forecast, monitor, and report to Project Director, Project Manager about the project cashflow, S-Curves, budgets, expenses, financial performance, cost to complete, and prepare mitigation measures to resolve commercial-related issues
• Prepare and estimate monthly claims to client, based on project progress
• Review and submit documents for commercial audit purposes
• Review and submit documents for progress claims, variation orders, and final accounts
• Review, manage and negotiate contracts from vendors, suppliers, and clients, ensuring alignment with project specifications
• Prepare project documents for procurement
• Approve progress payments and subcontractor claims
• Prepare and manage project equipment, third party liability, site, contractor all risk, fire insurance and claims
• Monitor financial compliance and conduct cost analysis to evaluate subcontractor quotations and claims
• Review the detailed cost estimates for construction project
• Review the BOQs for project submissions
• Assist in preparing EOT, progress claims, and Loss & Expense claims
• Conduct risk assessments for project estimates and evaluate potential risks
• Monitor procurement processes to ensure timely delivery of materials and oversee contractual administration
• Review and manage subcontracts for project execution
• Oversees the overall cost estimation and procurement process and record
• Liaise with project teams, clients, and stakeholders to provide contractual advice and address any commercial concerns
• Maintain accurate records of estimating and procurement activities, and financial transactions
• Participate in site meetings and technical discussions to ensure alignment on commercial aspects
• Conduct regular contract performance reviews and audits of subcontractors and suppliers
• Provide planning support and maintain project information for reporting purposes
• Evaluate, review, and prepare regular reports for Corporate Estimating Manager on the performance and success of the commercial team, highlighting challenges, risks,opportunities, and project progress
• Liaise, coordinate, discuss, negotiate with supplier on the purchase or rental of plant machinery or equipment
• Review cost comparison before purchase or rental of machinery or equipment

Job Requirements :

• Bachelor's Degree in Quantity Surveying, Construction Engineering or a related discipline
• At least 15 years of relevant experience in quantity surveying, or commercial management
• Experience in the commercial management of large-scale construction projects (e.g., infrastructure, MRT projects, and high-rise developments) will be an advantage
• Strong organizational skills including attention to detail and a systematic approach to work
• Excellent written, communication, and negotiation skills
• Ability to analyze contractual and legal issues and provide solutions using appropriate problem-solving techniques
• Proficient and competent in MS Office applications, particularly in Excel.
• 6 days work week
• Willing to work on Construction Site