Senior Quantity Surveyor — Commercial Lead & Cashflow

ISG Middle East; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

ISG Middle East seeks a lead financial professional to drive project profitability and cash flow on allocated projects. You will deliver against the commercial strategy, manage procurement, and provide high-quality management information to the Commercial Manager and QS teams.

You will oversee end-to-end financial processes, manage variations and notices, and ensure timely EOT and loss/expense claims, while advancing best practices across the project portfolio.

Responsibilities

• Take the lead financial role on projects allocated and deliver in accordance with commercial strategy.
• Procure projects in line with best practice guidance notes and in line with procurement schedule.
• To ensure best practice and continuous improvement in financial processes.
• To provide high quality management information to Commercial Manager and guidance and advice to QS staff throughout projects
• Accurate and timely project financial management
• Ensure change management is effectively managed, inclusive of the valuation of variations, quoting RFPs, issuing the respective notices up and downstream, all within the timelines of the main contract.
• Monitoring project cash flow against the forecast, to ensure the project is always cash positive.
• Ensure cash is managed effectively including preparing monthly payment applications, negotiating acceptable payment certificates, collecting the cash on time and diligently managing downstream payments
• Hold regular financial reviews for allocated projects with project team to review commercial performance, identify potential risks or opportunities and collaborate to deliver solutions and ensure commercial strategy is adhered to
• Effectively manage QS teams on allocated projects inclusive of training where applicable
• Ensure that the outcomes of sharing approach and lessons learnt are shared with relevant colleagues, when appropriate
• Advise Commercial Manager on specific training needs for Quantity Surveyors & Assistant Quantity Surveyors
• Provide financial input to proposals
• Ensure records are maintained on all projects including all salient letters issued
• Prepare EOT and loss/expense claims where required
• Attend all meetings during preconstruction phase and assist bid team on allocated projects.
• Involvement in new commercial or business initiatives.
• Deliver a margins in line with the individual project plans
• Ensure Final Account Closed Out in line with ISG key performance indicators
• Ensure Cash Collection is in line with ISG key performance indicators
• Diligently manage the procurement process aligning each package with the project kpi’s and deliverables
• Diligently manager the Risk Management process, ensure effective ownership and management of black risks and of project risk and opportunity, managed through cost report and commercial strategy.
• Ensure that all commercial reporting is delivered on time
• Ensure that TCCP's are processed within a maximum of 10 days from receipt of certificate.
• Diligently manager the Risk Management process, ensure effective ownership and management of black risks and of project risk and opportunity, managed through cost report and commercial strategy. Ensure that all commercial reporting is delivered on time Ensure that TCCP's are processed within a maximum of 10 days from receipt of certificate.

Job description

ISG Middle East seeks a lead financial professional to drive project profitability and cash flow on allocated projects. You will deliver against the commercial strategy, manage procurement, and provide high-quality management information to the Commercial Manager and QS teams.

You will oversee end-to-end financial processes, manage variations and notices, and ensure timely EOT and loss/expense claims, while advancing best practices across the project portfolio.