Manage the financial KPIs of projects, including cost control, forecasting, and budget management.Prepare and analyze commercial reports such as budgets, cost reports, cash flow projections, and financial forecasts.Oversee the contract administration process, handling claims, variations, and disputes to ensure compliance with contractual obligations.Assist in the risk management process by identifying, assessing, and mitigating project risks.Assist as necessary in the procurement process, including contract negotiation, and vendor management.Provide commercial advice and support to project teams, collaborating closely with project managers and stakeholders.Develop and implement commercial strategies tailored to project needs and objectives.Foster a collaborative environment within the project commercial team, ensuring effective communication and coordination.Ensure effective budget management throughout the project lifecycle, monitoring expenditures and identifying opportunities for cost savings.Stay abreast of industry developments and regulations to inform decision-making and strategy implementationRequirementsThe Project Commercial Manager plays a pivotal role in overseeing the financial aspects of project encompassing cost management, contract negotiation, budget management, and strategic planning. This position requires a blend of financial acumen, negotiation prowess, and strategic foresight to ensure the successful execution of projects while maximizing cost efficiency and profitability.The Project Commercial Manager will have experience in managing both CapEx and OpEx accounts from both budgeting and cost management perspective and will provide support to the project team in all commercial matters.The Commercial Manager will have knowledge and experience in accounting software including SAP and UnifierBachelor's degree in Quantity Surveying, Business, Law, Engineering, Construction Management, or related field.Professional qualification such as RICS/CIOB/ICE or equivalent is preferred.Proven experience in commercial management, quantity surveying, or cost consultancy within a project environment.Strong knowledge of construction industry practices, procurement methods, and value management techniques.Exceptional negotiation skills, with the ability to navigate complex contracts and agreements.Proficiency in risk management, problem-solving, and financial analysis.Excellent communication, leadership, and team-working skills.Sound understanding of construction, contract, and commercial law.Experience in managing a team is advantageous.Proficiency in relevant software applications for cost estimating, budget management, and financial analysis.
