Posted
Ref: HP698-17110

Job description / Role

Job Type
Full Time
Job Location
Dubai, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Finance, Business Analysis & Consulting
Company Industry
Retail

Overview of the role:

The commercial manager is responsible for managing the contractual and commercial aspects of projects from inception to completion. The role involves leading a team to provide commercial services ensuring projects are delivered on time and within budget. Success requires minimizing risk, achieving best value, and maximizing investment return. Regular interaction with clients to understand needs and provide sound advice is crucial, along with strategy implementation, relationship management, cost savings, and effective contract management.

What you will do:

Technical
  • Provide commercial advice to internal clients and development division to ensure risk is minimized and best value is achieved.
  • Assist in the preparation of project development feasibility studies and presentations.
  • Advise on procurement of projects and consultancy services to meet time, quality, and cost requirements.
  • Manage claims and disputes in compliance with contractual terms and timelines.
  • Prepare requests for proposal/invitation to bid documents based on client needs and lead tender negotiations.
  • Adapt standard form contracts in conjunction with group legal for consultant and contractor agreements.
  • Report on portfolio costs, budgets, and risks monthly.
  • Provide and manage pre and post contract quantity surveying services including cost estimating and final account settlement.
  • Monitor project insurance policies related to construction works.

  • People
  • Effectively lead and motivate the commercial team.
  • Ensure team understands procurement service, processes, and procedures.
  • Identify training needs for staff development.
  • Lead, coach, develop, and motivate staff to achieve their potential.

  • Process
  • Review, recommend, and implement new or improved administrative procedures.
  • Adapt standard form of contracts for procurement of various agreements.
  • Comply with organizational forms and processes for internal approvals.
  • Implement processes to maximize efficiency in procurement cycle time.

  • Customer
  • Provide complete service interface between customers, commercial & procurement department, and contractors/suppliers.
  • Ensure service requirements are met in accordance with budget and program.
  • Maintain high levels of customer satisfaction.
  • Required skills to be successful:

  • Proven track record in managing all commercial aspects, including cost planning, estimation, tendering, procurement, contract administration, and post-contract activities for large-scale projects from inception to handover.
  • Strong contract knowledge and negotiation skills, with essential experience and understanding of the UAE market.
  • Excellent interpersonal skills and strong stakeholder management capabilities.
  • What qualifies you for the role:

  • Degree in a related field with a minimum of 10 years' experience, preferably working on behalf of the client, contractor, or PQS.
  • Significant experience in infrastructure, retail, residential, high rise, and hotel construction is essential.
  • Majority of experience in QS/commercial management with knowledge of FIDIC.
  • About Al-Futtaim Group Real Estate

    The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.

    Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.

    AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.

    About Al-Futtaim Malls

    Al-Futtaim Malls provides development and asset management expertise, specializing in building retail-led super regional malls in prime locations across MENA and beyond. With a proven track record of creating both sustainable revenue growth and value enhancement for tenants, Al-Futtaim Malls delivers exceptional experiences and exciting shopping environments for customers.

    Part of the Al-Futtaim Group, Al-Futtaim Malls leadership team brings more than 30 years of experience and a deep understanding and knowledge of the retail sector, both from a shopperu2019s point of view but as curators of space or landlords to other brands. The company has a directly managed portfolio including over 9 million sqft of retail space across four malls in the MENA region and two under development. Malls under the Al-Futtaim Malls portfolio include Dubai Festival City Mall and Festival Plaza in the UAE, Cairo Festival City Mall in Egypt, Doha Festival City in Qatar and Zenata Mall, Morocco.

    Leveraging on the expertise of its parent company, Al-Futtaim Malls established PLEX Management Services offering a full array of services including asset management and development, leasing, and brand experience expertise to shopping mall landlords and retail organizations globally. Implementing global best practice and deploying Al-Futtaim Mallu2019s deep understanding of mall management and retail dynamics, PLEX promises to deliver continuous growth and long-term value for its partners.

    About Al-Futtaim Engineering & Technologies

    Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.

    The engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt providing a wide variety of products and services from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, energy management, technology infrastructure and digital transformation.

    The technologies division provides complete business solutions to large, medium and small customers that include contact centre solutions, business applications, business intelligence, data management, advanced analytics amongst others. The IT infrastructure portfolio comprises IP telephony, ELV systems, networking solutions, professional audio-visual solutions and managed services.

    These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.

    About the Company

    Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

    The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

    The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.

    Similar jobs you may be interested in
    Commercial Manager Easy Apply
    Randstad UK
    Riyadh 4 Dec
    Commercial Manager Easy Apply
    Fletcher Piccolo Associates (FPA)
    Dammam 19 Nov
    MEP Commercial Manager Easy Apply
    NSR Associates
    Dubai 6 Nov
    Senior Commercial Manager Easy Apply
    Hotels & Resorts Investment Maldives (HARIM)
    Dubai 5 Nov
    Commercial Manager Easy Apply
    RTC-1 Employment Services
    Dubai 5 Nov
    Job Alerts by Email
    • Personalised updates on latest career opportunities
    • Insights on hiring and employment activity in your industry
    • Typically sent twice a month
    Commercial Manager salaries in Dubai

    Average monthly compensation
    AED 20,000

    Breakdown available for industries and years of experience