The largest job portal in the Middle East
Apply now

Job Description

Role Purpose

Ensure contractual entitlements or pursue and maximize that positive cash flow is maintained and that contractual risk/matters are recognized, flagged, and resolved in a timely manner.

  • · Review the tender documents and provide suitable commercial qualifications to the estimation team for inclusion in our bids
  • · Review the LOI / LOA/ Contracts and negotiate with the main contractor/Clients for suitable amendments in favor of the organization.
  • · Ensure timely submission of bank guarantees and insurance
  • · Coordinate with the procurement team for suitable amendments to specialized subcontract agreements.
  • · Administer contracts to protect the organization’s interests in terms of managing risk and claims
  • · Prepare and submit claims as per contract requirements.
  • · Commercial management i.e. timely collection of payment, timely approval of variations, ensuring minimal variance between application v/s certification. (Maintain health relations with all stakeholders)
  • · Review and approve variation budgets as per internal process.
  • · Prepare monthly commercial reports
  • · Subcontract management: Negotiate with them for claims, and variations to avoid any impact on the project.
  • · Review and submit contractual correspondences to protect and secure our contractual entitlements
  • · Coordinate with the team with effective risk management and mitigation.
  • · Coordinate with the team for cost control measures.
  • · Validate the cost-to-come provided by the team
  • · Obtain taking over certificates and final acceptance certificates.
  • · Negotiate and conclude final accounts with main contractor/clients/subcontractors
  • · Timely retrieval of bank guarantees
  • · Project Documentation is in order
  • · Identify and notify the management of any potential disputes.
  • · Mentor and train the team
  • · Manage the commercial team and take over tasks as assigned by the management.

Key Skills

  • · Works collaboratively and uses influence to gain the resolution of
    issues.
  • · Leadership qualities
  • · Laws pertaining to construction and contracts.
  • · Effective interpersonal and communication skills
  • Time Management

Posted By VOLTAS LIMITED