Commercial and Procurement Manager

Job description / Role

Commercial and Procurement Manager - Saudi Arabia
Property & Real Estate Firm
Competitive Expatriate Salary Package + Benefits

New project commencement and company growth has created this new opportunity for a Commercial and Procurement Manager to join our client’s firm; a leading regional property development firm, to lead and drive the growth of the commercial and procurement division of the firm to work across a number of commercial construction projects. The projects typically comprise high rise mixed use towers and 5-star hotel projects valued up to SAR2B. This role is the client’s representative Commercial Lead who is also responsible for managing the procurement process also. This role works on projects from concept, to detailed design and procurement, construction and handover.

Reporting to the Chief Development Officer and managing a commercial and procurement team, the proven performer we seek for this role will be responsible for:
• Direct, lead and performance manage the commercial management of construction projects (as the client’s representative) including the day to day management of a commercial and procurement team.
• Perform monthly project reviews to ensure that the project applies appropriate cost budgeting, resource planning, milestone scheduling, cost analysis, monitoring of cash flow and development of a refined costing report.
• Development and successful implementation of short and long range financial goals for the commercial team including internal control procedures, commercial policies, procedures and policies as well as management reporting systems.
• Prepare estimates including project cost components using historical data, current experience and market requirements.
• Manage all financial and risk issues pertaining to building projects and ensuring that the planning and risk management of this project is carried out to optimize sustainable business profitability.
• Provide leadership and overview of contractual variation assessments of claims and arbitrating any disputes. Compilation and presentation of claims management strategies for the firm
• Review status of contracts with regard to financial risk of the project and provide guidance and recommendations for improvements.
• Development and management of the supply chain process from a procurement perspective for all key items for major projects on site.
• Debrief at critical phases or benchmarks, distribute and implement improvements for future projects or continuing phases.
• Follow-up on project updates and time impact analysis.
• Responsible for application of commercial governance procedures across all construction projects to provide regular and validated reports on programme and project commercial performance.
• Preparation of regular cost control and forecast reports and briefing papers on the financial status of all projects
• Prepare monthly corporate and project reporting to the Board and senior management team.
• Ensure that ISO requirements and documentation are maintained and implemented at all times.
• Display high levels of client and stakeholder liaison and negotiation.
• Advisory to the development teams in terms of pricing and contract conditions for all projects.

Requirements

• Bachelor Degree in Quantity Surveying, Construction or comparable with a minimum of 10 years of commercial and contracts management experience on major real estate development projects including multi tower projects.
• Exceptional knowledge of FIDIC contracts is essential.
• Procurement management experience to enable a smooth supply chain process.
• Running knowledge of current market trends from a pricing perspective to add value to the procurement and supply chain process.
• Exceptional communication and negotiation abilities with strong organizational skills and capacity to work under pressure.
• Bilingual language skills in English and Arabic are essential.
• Candidates must display exceptional levels of honesty and integrity.
• Experience in the MENA property sector is required.

A competitive salary package will be offered to attract exceptional candidates to this growth organization that is well regarded across the globe.

About the Company

1Recruit International LLC is an international global recruitment and human resource solutions consultancy with a global mind set and a proven track record in talent management. Resourcing across an array of executive business sectors, our corporate mission entails client satisfaction through quality orientation; a consultative approach, delivery excellence and innovation through 'best fit candidates technically, behaviourally and culturally.