Commercial Director, Cost, Procurement & Contracts

HSH Group / The Peninsula Hong Kong; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Benefits offered by this job

Market-leading benefits

Hong Kong-based role

Job summary

The Peninsula Hong Kong is seeking a Director, Cost, Procurement and Contracts to join our Corporate Projects team in Hong Kong. Provide commercial governance for new build and renovation projects through effective cost management, procurement and contract administration.

You will lead procurement strategies, contract governance and cost reporting across the project lifecycle, coordinating with finance, legal and operations.

Qualifications

• 10–15 years of experience in construction commercial management or cost consultancy.
• Experience with luxury/hospitality developments and complex FF&E procurement is preferred.
• Strong understanding of procurement strategies and contract governance.

Responsibilities

• Serve as the commercial lead through feasibility, design, construction, handover and close-out.
• Provide early commercial guidance on strategy, procurement approaches, budget and risk allocation.
• Lead cost planning, benchmarking, feasibility studies and budget development for projects.
• Monitor financial performance with cost reporting, forecasting and variance analysis.
• Develop procurement strategies for consultants, contractors and suppliers.
• Manage supplier sourcing, tendering, and contract award recommendations.
• Ensure contract governance through PO issuance, payments and SOPO compliance.
• Oversee change orders, claims, negotiations, final accounts and close-out.
• Maintain commercial controls including risk/registers and procurement trackers.

Skills

Cost management

Procurement

Contract administration

Commercial governance

Stakeholder management

Education

Degree in Quantity Surveying, Civil Engineering, Structural Engineering, Construction Management, Architecture, Building Services Engineering

RICS/HKIS or equivalent professional qualification

Job description

The Peninsula Hong Kong is seeking a Director, Cost, Procurement and Contracts to join our Corporate Projects team in Hong Kong. Provide commercial governance for new build and renovation projects through effective cost management, procurement and contract administration.

You will lead procurement strategies, contract governance and cost reporting across the project lifecycle, coordinating with finance, legal and operations.