Associate Director - Commercial

Shamal Holding; Dubai; On-site; AED 420,000 - 540,000; Full time

Job summary

Shamal Holding is seeking an Associate Director Commercial to lead the commercial management function within the Development team. You will drive financial control, governance and risk management across post-contract activities, ensuring compliance with internal policies and aligning with development objectives.

You will define the PS packaging strategy, maintain the scope boundary register, and lead the commercial evaluation process to deliver value within approved budgets.

Qualifications

• Bachelor's degree in Quantity Surveying, Engineering or construction related accreditation.
• MRICS qualification preferred but not essential.
• 8+ years of experience in commercial management in the construction industry.

Responsibilities

• Define and drive the provisional sums packaging strategy.
• Set the commercial framework for scope boundaries and interfaces.
• Lead packaging logic and pricing across PS packages.
• Provide strategic leadership across the PS procurement lifecycle and budgeting.
• Manage post-contract commercial activities and governance standards.
• Oversee Cost Management team performance and consistency.
• Assess, negotiate, and finalise variations with proper justification and approvals.
• Forecast project cash flows and integrate with Finance and Delivery reporting.

Skills

Commercial management

Financial governance

Risk management

Education

Bachelor's degree in Quantity Surveying, Engineering or construction related accreditation

MRICS qualification (preferred)

Job description

Shamal Holding is a diversified investment firm that cultivates the extraordinary Born in Dubai we curate a unique portfolio of extraordinary investments experiences and assets to generate meaningful outcomes The investments we make are strategically chosen and thoughtfully nurtured mirroring Dubai s ambition spirit and energy As a global investor asset owner and developer we utilise our resources know-how and connections to deliver long-term value wherever we operate As Shamal Holding continues to grow we re in search of an Associate Director Commercial In this role you will be accountable for leading the commercial management function within the Development team driving financial control governance and risk management across all post-contract activities The role ensures compliance with internal policies and procedures proactively identify and mitigate commercial risks and deliver optimised outcomes across Shamal s development portfolio

Responsibilities

• Accountable for defining and driving the provisional sums packaging strategy
• setting the commercial framework for scope boundaries
• packaging logic and pricing across all PS packages
• Provide strategic leadership across the full PS procurement lifecycle from scope definition and packaging through to commercial evaluation and award delivering competitive outcomes within approved project budgets
• Own the scope boundary register establishing clear delineation between main contract works and PS packages and holding accountability for the responsibilities and interface matrix between the main contractor and PS subcontractors to eliminate contractual gaps and overlaps
• Hold overall accountability for post-contract commercial management across all trade packages setting governance standards and ensuring the function operates with discipline accuracy and full alignment to development objectives
• Lead develop and performance-manage the Cost Management team cultivating a high-standard commercial culture and driving consistency and excellence across all team outputs
• Exercise senior commercial judgement in the assessment negotiation and finalisation of all variations and change requests ensuring changes are rigorously justified accurately valued and escalated through appropriate approval frameworks
• Hold accountability for project cash flow forecasting ensuring projections are robust regularly stress-tested and fully integrated into Finance and Delivery reporting at all times
• Set the standard for monthly commercial reporting ensuring cost reports budget versus actual analysis forecast updates risk registers and executive inputs are delivered with accuracy insight and timeliness
• Drive financial control discipline across the project providing senior oversight of committed forecasted and actual costs and intervening decisively where material variances or risks emerge
• Ensure the integrity and auditability of all commercial records and cost data maintaining full compliance with internal policy governance requirements and audit standards
• Serve as the senior commercial risk authority on the project proactively surfacing cost escalations deviations and contractual exposures and delivering structured mitigation strategies and recommendations to leadership
• Provide final commercial review and sign-off on payment applications ensuring contractual compliance and accuracy prior to submission for internal approval

Bachelor's degree in Quantity Surveying, Engineering or any construction related accreditationPreferred : Chartered Quantity Surveyor (MRICS) preferable but not essential.8+ years of experience in commercial management in the construction industry.