Manager - Commercial and Contracts

Dubai Holding; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A prestigious company in real estate is seeking a Commercial Manager to oversee contract management in Dubai. The ideal candidate will have over 10 years of experience in commercial functions and a strong background in cost management and construction knowledge. This role offers an excellent benefits package and is an opportunity to contribute to significant projects shaping the future of Dubai.

Benefits

Competitive compensation

Career development opportunities

Collaborative work environment

Qualifications

• Minimum 10 years’ experience in a commercial function.
• At least 5 years within a top tier developer in the UAE.
• Expert in preparation of cost plans and management of costs.

Responsibilities

• Manage commercial and contract responsibilities of the department.
• Support Development team in all commercial aspects.
• Draft and negotiate contracts with external parties.
• Prepare and present reports on project status.

Skills

Cost Management

Contract Negotiation

Construction Knowledge

Sustainability

Risk Management

Communication

Education

Bachelor’s degree in cost management

MRICS designation

Job description

About Dubai Holding Hospitality Assets

We are a prestigious Dubai-based, global company with multiple companies in the portfolio. One of our sectors is Real Estate. Within this area we specialise in construction, design, and contracts for large-scale projects in Globally. With a strong reputation for excellence and innovation, we have successfully completed numerous landmark projects and are committed to delivering exceptional results.

Job Purpose

The role holder is responsible for managing commercial and contract responsibilities of the International Hospitality Assets department, acting under the control of the DHH Development lead. This includes but is not limited to reviewing and advising on cost plans, managing tender processes and reviewing returns, negotiating consultant and contractor’s contracts, plus advising on administration of the same, including advising and agreeing VOs, and close out of final accounts.

Key Responsibilities

• Support the Development team in all commercial aspects related to development delivery, including but not limited to;
• Providing estimates for new projects
• Cost plan reviews o Development Budgeting o Tendering (both consultants and contractors)
• Preparing tender reports and Monitoring CapEx expenditure
• Processing Payment Certificates and close out of final accounts
• Support the Development team for all contract matters in conjunction with internal and external legal support including but not limited to:
• Drafting contracts and Negotiating contracts with external parties
• Agreeing and preparing contract schedules
• Obtaining internal sign off as per policy
• Engrossing contracts o Advising on the administration of contracts
• Work across multiple assets and projects internationally managing and inputting into budget tracking and forecast completion costs.
• Ensure that the group’s procedures and policies are being complied with.

Key Requirements

• Minimum 10 years’ experience working in a commercial function for a consultant, developer or contractor.
• At least 5 years working within a top tier developer either internationally or in the UAE
• Minimum of a Bachelor’s degree in cost management
• MRICS designation preferred
• Cost Management: Expert in preparation of cost plans, measurement, and management of costs. Ability to integrate and advise on improvements to cost reporting and budget plans.
• Contracts: In depth knowledge of typical contracts and variation procedures and full ability to understand and administer contracts in different jurisdictions.
• Construction Knowledge: Excellent level of understanding of the full project lifecycle including construction methodologies and details and the design process.
• Negotiation: Able to negotiate with external parties to achieve the desired business and project goals.
• Procurement: Expert in preparing and running tender processes for onboarding of consultants, contractors and specialist services.
• Budgeting: Commercial expert in construction costs and the impact of the decision-making process on budgets. Able to manage and control costs and offer direction on cost effective solutions inc. leading value engineering processes.
• Sustainability: Experience of sustainable construction, renewable technology and construction best practice.
• Project Reporting: Able to prepare and present reports for the wider organisation to update progress on projects status
• Risk Management: An appreciation for risks and understanding of how to document them, including mitigation plans to ensure projects are delivered within their respective constraints.
• Communication: Excellent written and spoken English communication skills to be able to present to Group CEO level.
• Other Skills: Excellent negotiation skills, Advanced organisation and time management skills, meticulous attention to detail, interpersonal skills.

About the Benefits

At Dubai Holding, we’re committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.