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Commercial Manager

1.00 to 10.00 Years   Riyadh, Saudi Arabia   19 Dec, 2024
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryBusiness Consultancy Services
Functional AreaNot Mentioned

Job Description

  • Oversee the preparation and submission of Interim Payment Certificates (IPCs).
  • Monitor and manage project budgets, ensuring cost control and profitability.
  • Review and approve variations, ensuring compliance with contractual and financial requirements.
  • Lead the valuation of works completed on-site and ensure accurate cost reporting.
  • Analyze and forecast project financial performance, including cash flow and profit margins.
  • Coordinate and verify subcontractor payments and cost claims.
  • Prepare and present detailed commercial reports to senior management.
  • Identify and mitigate financial risks across ongoing projects.
  • Support the negotiation and agreement of variations and claims with clients and stakeholders.
  • Conduct regular audits of project costs and financial documentation for accuracy and completeness.

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