Director, Cost, Procurement and 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

Director, Cost, Procurement and Contracts

Business Unit: Head Office

Location: Hong Kong SAR

We are looking for aDirector, Cost, Procurement and Contractsto 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. Ensure key commercial processes including procurement and tendering, contract execution, variation orders and payments progress in line with the project timeline.

• Work for a prestigious, globally renowned hospitality and luxury property group
• Exceptional market-leading benefits (role is based in Hong Kong)

Key Accountabilities

• Serve as the commercial lead throughout the full project lifecycle, from feasibility and design through construction, handover, and close-out.
• Provide early commercial guidance on project strategy, procurement approaches, budget management, and risk allocation.
• Lead cost planning, benchmarking, feasibility assessments, and budget development for new build, renovation, CapEx, and infrastructure projects.
• Monitor project financial performance through cost reporting, forecasting, contingency management, and variance analysis.
• Develop and implement procurement strategies for appointing consultants, contractors, and suppliers.
• Manage supplier sourcing, evaluation, prequalification, tendering processes, and contract award recommendations.
• Ensure robust contract governance through contract administration, purchase orders, payment management, and compliance with SOPO requirements.
• Oversee change orders, claims, commercial negotiations, final accounts, and contract close-out activities.
• Maintain commercial controls, including risk registers, procurement trackers, variation logs, claims registers, and management reporting.
• Collaborate with project teams, finance, legal, operations, consultants, contractors, and suppliers while providing commercial leadership and oversight of internal and external commercial resources.

General Requirements

• Degree in Quantity Surveying, Civil Engineering, Structural Engineering, Construction Management, Architecture, Building Services Engineering, or a related construction discipline.
• Professional qualification such as RICS, HKIS or equivalent is a plus.
• Minimum 10-15 years of relevant experience in construction, commercial management, cost consultancy, procurement, contracts administration, or project delivery.
• Hands-on experience in luxury hotel, hospitality, residential, mixed-use, or high-end commercial developments, preferably involving complex fit-out and FF&E procurement packages.
• Experience working for a developer, hotel owner/operator, project management consultancy, cost consultancy, contractor, or procurement organization would be advantageous.
• Strong commercial acumen with the ability to balance cost, quality, program, and operational requirements.
• Excellent stakeholder management and communication skills with the ability to engage effectively with consultants, and contractors.