About the Company: Headquartered in Ras Al Khaimah, Al Hamra Construction and Development (AHCD) is a leading contracting company offering a diverse range of services at pre-construction, construction and post-construction stages. As a sub-entity of Al Hamra group, we have a strong foothold in the Emirate of Ras Al Khaimah for around two decades and have undertaken numerous diverse projects in the areas of hospitality, residential, retail, manufacturing, public services and warehousing.
About the Role: This position plays a pivotal role in ensuring the successful execution and completion of projects or services post-contract, maintaining client satisfaction, managing financial performance, and mitigating risks effectively. This position requires a blend of strategic thinking, operational expertise, and strong leadership to drive continuous improvement and achieve commercial success.
Responsibilities:
- Contract Compliance and Administration: Ensure adherence to contract terms and conditions by all parties involved. Monitor contract performance and milestones to ensure obligations are met. Manage contract changes, variations, and amendments, ensuring proper documentation and approvals.
- Financial Management: Monitor project budgets, costs, and expenditures to ensure financial targets are achieved. Conduct financial analysis and reporting related to project performance and profitability. Manage cash flow and billing processes in accordance with contract terms.
- Project Performance Monitoring and Reporting: Monitor project performance against key performance indicators (KPIs) and contractual milestones. Prepare regular project performance reports for stakeholders, highlighting achievements, challenges, and areas for improvement. Analyze project data to identify trends, variances, and opportunities for optimization.
- Legal and Compliance Oversight: Ensure compliance with legal and regulatory requirements applicable to contracts and commercial operations. Collaborate with legal counsel to address legal issues, disputes, and contract interpretations. Maintain accurate and complete documentation of all contract-related activities and correspondence.
- Team Leadership and Collaboration: Lead and motivate cross-functional teams involved in contract management and project delivery. Foster collaboration and teamwork among project teams, subcontractors, and suppliers. Provide guidance and support to team members to ensure alignment with project goals and objectives.
- Continuous Improvement and Best Practices: Identify opportunities for process improvement and efficiency gains in contract management and commercial operations. Implement best practices in contract administration, financial management, and client relationship management. Promote a culture of continuous improvement and innovation within the commercial management team.
- Business Development and Strategic Planning: Identify opportunities for business growth and expansion within existing contracts or through new opportunities. Participate in bid management processes, including proposal development and client presentations. Contribute to the development and execution of strategic plans and commercial strategies aligned with organizational goals.
- Communication and Stakeholder Management: Communicate effectively with internal stakeholders, senior management, and board members regarding project status, risks, and financial performance. Manage expectations and provide regular updates to stakeholders on project progress and outcomes.
- Reporting and Documentation: Maintain accurate records and documentation related to contracts, project performance, and client interactions. Prepare timely and accurate reports for senior management, board of directors, and stakeholders as required.
Qualifications: MRICS