Commercial Manager

Knight Frank; AlUla; On-site; USD 50,000 - 70,000; Full time

Job summary

A leading company in real estate is seeking a Cost Manager to oversee financial aspects of construction projects in AlUla. The role involves cost estimation, budgeting, and financial control, requiring strong construction industry knowledge and excellent communication skills. Ideal candidates will have substantial experience in Quantity Surveying and familiarity with FIDIC contracts, making this an exciting opportunity for a skilled professional in a rapidly developing region.

Qualifications

• 7 years minimum of Quantity Surveying experience.
• 10 years of experience in management of FIDIC Contracts.
• High proficiency in Change and Claims Management.

Responsibilities

• Oversee financial aspects of construction projects.
• Manage and update project budgets and cost reports.
• Conduct site surveys and prepare cash flow reports.

Skills

Quantity Surveying

Construction Industry Knowledge

Cost Estimation

Financial Control

Change Management

Claims Management

Communication Skills

Organizational Skills

Attention to Detail

Team Player

Education

MRICS Certification

Tools

CostX

Excel

Microsoft Office

Job description

Overview

Working with Knight Frank as a Cost Manager, you will play a crucial role in overseeing and managing financial aspects of construction projects. Your primary responsibility will be to ensure accurate cost estimation, budgeting, and financial control throughout the project lifecycle. The ideal candidate will possess strong construction industry knowledge, exceptional financial acumen, and the ability to collaborate effectively with various stakeholders to achieve project objectives within budgetary constraints.

Responsibilities

• Provide cost and commercial services in the delivery of pre- and post-contract projects.
• Work pre-contract including reviewing detailed measurements and sections of BOQs, handling tender query responses, managing the PQQ process with support and input into value engineering at each design stage.
• Work post-contract including contract administration, conducting site surveys with project teams, preparing cash flow reports, drafting monthly payment recommendations and weekly commercial dashboards, managing variations and assisting in closing out projects and claims and variations.
• Deliver post-contract duties including payment certification and cost reporting.
• Manage and update project budgets and issue client cost reports.
• Take suitable commercial meeting minutes.
• Work closely with clients, design teams and contractors to optimize solutions.
• Provide regular reports and analysis to management and clients regarding project performance.
• Be proficient in the use of the NRM Method of Measurement
• Attend and contribute to regular commercial meetings with the client and contractors.
• Carry out cost estimates for alternative design and buildability solutions.
• Commercial Risk Reporting
• Preparing and maintaining Monthly Cost Reporting
• Change Management
• Claims Management (EOT and Cost, inclusive reviews and validations)
• Monthly Cashflow Analysis and Reporting
• Value Engineering costing & validation
• Final Accounts & Close Out of Contracts
• Manage and oversee site and off-site quantity take off; verifications of quantities of all civil, architectural, MEPF services and confirmation with regards to payments and variation works.

Skills and Qualifications

7 years minimum of Quantity Surveying experience

10 years of experience in the management and administration of FIDIC Contracts

Must have a high proficiency in Change and Claims Management and their Administration

Must have experience in management and administration of multiple work packages- Must be have had direct exposure to construction pricing in the Saudi market

Must have experience in claims management and administration

Thorough knowledge of project procurement and differing routes available.

Familiarity with construction costs, materials, building regulations, and industry standards.

Excellent interpersonal and communications skills.

Strong organizational and problem-solving abilities.

Attention to detail and a high level of accuracy.

Strong team player with the ability to build relationships.

Ability to take initiative and work proactively.

Ability to work through periods of high workload.

Ability to maintain confidentiality and handle sensitive information.

Ability to work flexible schedules to ensure successful and timely delivery of projects.

Understanding of regional business culture and regulations.

The ability to understand and make use of computers and information technology (Knight Frank internal systems).

Certifications and Licenses : MRICS desired but not essential.

Software : CostX, Excel and other Microsoft Office programs to an advanced level.

Language skills : Fluency in Arabic and English, written and verbal.

Travel : Flexible attitude towards travelling.