Our client, a leading real estate development company in Abu Dhabi, is seeking to appoint a Commercial and Procurement Manager who will be part of the Development team.
The Commercial and Procurement Manager will lead and oversee the development department's commercial, contractual, and procurement functions. The successful candidate will play a pivotal role in managing the financial and legal aspects of property development projects, ensuring that procurement, budgeting, and risk mitigation practices align with organizational goals and market standards. This role reports directly to the Chief Development Officer and collaborates closely with internal departments, consultants, and contractors to deliver commercially viable developments.
Key Responsibilities:
- Lead the preparation and management of project budgets, cost plans, and feasibility studies across all development phases.
- Manage tendering, procurement, and contract negotiation processes in coordination with legal and technical teams for all procurement activities
- Ensure robust cost control and value engineering are applied from pre-concept to project completion.
- Monitor financial performance and cash flow forecasting for development projects, identifying potential risks and cost-saving opportunities.
- Oversee preparation and evaluation of claims, variations, and contractual correspondence with consultants and contractors.
- Develop and maintain commercial reports, dashboards, and risk registers for executive-level review.
- Ensure compliance with local regulations, contractual obligations, and internal governance frameworks.
- Support the CDO in strategic commercial decisions, financial appraisals, and investor-related reporting.
- Interface with banks, auditors, and investment partners as needed to provide financial or contractual documentation.
- BOQ development and review
- Establishing relationships with Contractors, subcontractors, and suppliers
- Management and follow-up on all payment activities through the internal department.
- Management of commercial logs and be up to date with all payment statuses.
Required:
- Bachelor’s degree in Quantity Surveying, Construction Economics, Engineering, or a related discipline. Master’s degree or RICS/ MRICS qualification is an advantage.
- Minimum 10 years of experience in commercial management, ideally within the real estate or property development sector in the GCC.
- Proven expertise in contract administration (FIDIC or equivalent), cost control, procurement, and claims management.
- Strong knowledge of real estate development cycles, construction contracts, and regulatory frameworks in the UAE.
- High proficiency in commercial and financial software tools (e.g., Excel, CostX, ERP systems).
- Excellent communication, negotiation, and leadership skills.
- Strong analytical thinking, attention to detail, and commercial acumen.
- Ability to work under pressure and manage multiple large-scale projects simultaneously.
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