Commercial Manager (Construction)

KeyResponsibilities 1. Commercial & Cost Management Lead project budgeting, cost planning, and forecasting Monitor project costs, cash flow, and profitability Prepare and present financial reports to senior management Identify cost-saving opportunities and value engineering initiatives 2. Contract Administration Draft, review, and manage contracts (main contracts and subcontracts) Ensure compliance with contractual terms and conditions Handle contract variations, claims, and dispute resolution Manage extension of time (EOT) and liquidated damages (LD) matters 3. Procurement & Vendor Management Oversee procurement strategies and tendering processes Evaluate and negotiate with subcontractors and suppliers Manage subcontractor performance and payments Ensure procurement aligns with project budgets and timelines 4. Risk Management Identify commercial and contractual risks Develop mitigation strategies to minimize financial exposure Ensure compliance with legal, regulatory, and company policies 5. Stakeholder Management Liaise with clients, consultants, contractors, and internal teams Support project teams with commercial advice and guidance Participate in project meetings and negotiations 6. Claims & Dispute Resolution Prepare, evaluate, and negotiate claims Manage disputes in collaboration with legal teams Maintain proper documentation to support claims and variations Requirements Bachelor’s degree in Quantity Surveying, Construction Management, Engineering, or related field 8–15 years of experience in construction/commercial management Strong knowledge of construction contracts Excellent negotiation, analytical, and financial management skills Experience managing large-scale construction projects