Commercial Senior Associate - Cost Management

Majid Al Futtaim; Dubai; On-site; AED 90,000 - 150,000; Full time

Job summary

Majid Al Futtaim Development is hiring a Commercial Senior Associate in Dubai, UAE for a Real Estate role supporting the commercial and cost management of a portfolio of development projects across multiple asset classes. Working with Senior Commercial Managers and Delivery Teams, the role will help maintain effective commercial controls throughout project development and delivery.

The position is suited to an early-career quantity surveying or commercial management professional with practical

Qualifications

• Bachelor's degree in Quantity Surveying, Commercial Management, Civil Engineering, or a related field.
• 1-3 years of relevant professional experience.
• Quantity surveying or commercial management background relevant to project cost management.
• Basic understanding of cost planning, cost reporting, and lifecycle costing.
• Ability to support cost modelling and scenario analysis.
• Awareness of benchmarking, risk management, value management, value engineering, and project appraisal concepts.
• Understanding of financial, procurement, and contract processes.
• General awareness of relevant legal and regulatory considerations.
• Strong communication and time-management skills.
• Delivery-focused approach with high ethical standards and customer focus.

Responsibilities

• Support Delivery Teams on commercial matters throughout assigned projects.
• Assist with cost planning, cost reporting, and commercial controls.
• Support preparation and maintenance of project control documents.
• Assist with change management and assessment of cost implications.
• Contribute cost-related information to project planning and decision-making.
• Support cost modelling and scenario analysis when required.
• Assist with cash flow analysis and preparation of cost projections.
• Contribute to commercial close-out and final account activities.
• Work with senior management and Project Managers to support project development.
• Contribute to delivery strategies covering design and construction.
• Support operations and maintenance considerations where these form part of the project scope.
• Provide commercial information required by Senior Commercial Managers and project stakeholders.
• Help maintain alignment between commercial activities and wider project objectives.
• Support procurement processes for consultants and contractors.
• Assist with sourcing activities and preparation of procurement documentation.
• Participate in tender evaluation activities.
• Help prepare contract documentation following procurement decisions.
• Apply commercial and procurement awareness when supporting project delivery.
• Coordinate relevant procurement information with project stakeholders.
• Support contract administration throughout the project lifecycle.
• Assist with payment processes and commercial assessments.
• Support claims management activities.
• Contribute to the development and implementation of contract strategies.
• Assist with contract close-out and final account closure.
• Maintain appropriate awareness of financial, contractual, legal, and regulatory considerations.
• Assist with preparation of monthly commercial reports.
• Support reporting on project commercial status to senior project stakeholders and Development Managers.
• Contribute to benchmarking and cost management best practices.
• Support project risk management and commercial audits.
• Apply awareness of value management and value engineering principles.
• Contribute to project appraisal activities where cost management input is required.
• Assist in managing and coordinating appointed cost consultants.

Skills

Cost management

Cost reporting

Communication

Time management

Procurement awareness

Education

Bachelor's degree in Quantity Surveying, Commercial Management, Civil Engineering, or related field

Tools

Cost modelling

Scenario analysis

Job description

Commercial Senior Associate - Cost Management Job Snapshot Role: Commercial Senior Associate - Cost Management Location: Dubai, UAE Industry: Real Estate Function: Cost Estimating Experience: 1-3 years of relevant experience Job Type: Full Time Position Overview Majid Al Futtaim Development is hiring a Commercial Senior Associate in Dubai, UAE for a Real Estate role supporting the commercial and cost management of a portfolio of development projects across multiple asset classes. Working with Senior Commercial Managers, Project Managers, Development Managers, and Delivery Teams, the role will help maintain effective commercial controls throughout project development and delivery. The position is suited to an early-career quantity surveying or commercial management professional with practical knowledge of cost planning, procurement, contract processes, reporting, and project controls. Responsibilities extend across design and construction and, where applicable, operations and maintenance.

Country: UAE City: Dubai Industry: Real Estate Function: Cost Estimating Salary: Not disclosed Gender: No Preference Candidate Nationality: Not specified Job Type: Full Time Work Arrangement: On-site

Commercial and Cost Management

• Support Delivery Teams on commercial matters throughout assigned projects.
• Assist with cost planning, cost reporting, and commercial controls.
• Support preparation and maintenance of project control documents.
• Assist with change management and assessment of cost implications.
• Contribute cost-related information to project planning and decision-making.
• Support cost modelling and scenario analysis when required.
• Assist with cash flow analysis and preparation of cost projections.
• Contribute to commercial close-out and final account activities.

Project Delivery Support

• Work with senior management and Project Managers to support project development.
• Contribute to delivery strategies covering design and construction.
• Support operations and maintenance considerations where these form part of the project scope.
• Provide commercial information required by Senior Commercial Managers and project stakeholders.
• Help maintain alignment between commercial activities and wider project objectives.

Procurement and Tendering

• Support procurement processes for consultants and contractors.
• Assist with sourcing activities and preparation of procurement documentation.
• Participate in tender evaluation activities.
• Help prepare contract documentation following procurement decisions.
• Apply commercial and procurement awareness when supporting project delivery.
• Coordinate relevant procurement information with project stakeholders.

Contracts and Commercial Administration

• Support contract administration throughout the project lifecycle.
• Assist with payment processes and commercial assessments.
• Support claims management activities.
• Contribute to the development and implementation of contract strategies.
• Assist with contract close-out and final account closure.
• Maintain appropriate awareness of financial, contractual, legal, and regulatory considerations.

Reporting, Risk and Best Practice

• Assist with preparation of monthly commercial reports.
• Support reporting on project commercial status to senior project stakeholders and Development Managers.
• Contribute to benchmarking and cost management best practices.
• Support project risk management and commercial audits.li>
• Apply awareness of value management and value engineering principles.
• Contribute to project appraisal activities where cost management input is required.
• Assist in managing and coordinating appointed cost consultants.

Requirements

• Bachelor 's degree in Quantity Surveying, Commercial Management, Civil Engineering, or a related field.
• 1-3 years of relevant professional experience.
• Quantity surveying or commercial management background relevant to project cost management.
• Basic understanding of cost planning, cost reporting, and lifecycle costing.
• Ability to support cost modelling and scenario analysis.
• Awareness of benchmarking, risk management, value management, value engineering, and project appraisal concepts.
• Understanding of financial, procurement, and contract processes.
• General awareness of relevant legal and regulatory considerations.
• Strong communication and time-management skills.
• Delivery-focused approach with high ethical standards and customer focus.
• Good computer literacy.

Professional Profile The successful candidate will bring strong commercial awareness and the ability to work effectively with project delivery and development stakeholders. A Graduate or Chartered Quantity Surveying background with relevant experience in cost planning and procurement is particularly aligned with the responsibilities of the position.