Commercial Manager

international facility engineering pte. ltd.; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

International facility engineering pte. ltd. is seeking a Commercial Manager to lead the commercial, procurement and cost-management aspects of semiconductor facility construction projects in Singapore.

You will develop commercial strategies, oversee budgeting, contract negotiations, and financial forecasting, and ensure adherence to schedules, budgets and contractual obligations. The role requires collaboration with clients, contractors and internal teams, with travel/relocation as needed.

Qualifications

• Bachelor's degree in engineering or related field.
• 10+ years in commercial management within semiconductor, industrial construction, or high-tech building sectors.
• Proven ability in contract negotiation, procurement and cost management for large-scale projects.

Responsibilities

• Develop and implement the commercial strategy for each project, aligning with business goals.
• Lead budgeting, cost estimations, and financial planning from inception through completion.
• Negotiate and finalize client contracts, subcontracts, and supplier agreements.
• Ensure compliance with contract terms and manage risks or deviations.
• Oversee procurement for materials, subcontractors and services with cost-effective practices.
• Provide monthly reports and forecasts to senior management; monitor cash flow and profitability.

Skills

Commercial management

Contract negotiation

Procurement

Cost management

Project management software

Financial reporting

Leadership

Communication skills

Education

Bachelor's Degree in engineering or related field

Tools

Microsoft Office

ERP systems

Financial modelling tools

Job description

The Commercial Manager plays a crucial role in managing and optimizing the commercial aspects of semiconductor facility construction projects. This position requires a blend of expertise in project cost management, contract administration, procurement, and financial forecasting. The Commercial Manager will work closely with project teams, contractors, suppliers, and clients to ensure the successful delivery of projects within budget, timeline, and contractual obligations.

Responsibilities

• Develop and implement the commercial strategy for each project, aligning with the overall business goals.
• Lead the budgeting process, ensuring accurate cost estimations and financial planning from project inception through completion.
• Manage the preparation, negotiation, and finalization of all commercial agreements, including client contracts, subcontracts, and supplier agreements.
• Ensure compliance with all contract terms, identifying and addressing any potential risks or deviations from the contract.
• Oversee the procurement process for materials, subcontractors, and services, ensuring high-quality and cost- effective procurement practices.
• Analyze client requirements and provide technical expertise to guide project development
• Monitor project financials, including cash flow, costs, and profitability, ensuring alignment with budgets.
• Implement cost control measures to minimize overruns and ensure efficient resource allocation.
• Provide monthly reports and project forecasts to senior management, highlighting any financial risks or variances.
• Proactively identify and mitigate financial, legal, and commercial risks that could impact project outcomes.
• Address and resolve issues related to contract claims, disputes, or delays in a timely and efficient manner.
• Act as the primary commercial point of contact between the client, contractors, suppliers, and internal teams.
• Regularly update senior management and clients on project performance, commercial health, and key milestones.
• Ensure that project teams are aligned with commercial objectives and contractual obligations.
• Track and report on project performance, including cost forecasting, schedule adherence, and profitability.
• Ensure the commercial performance of projects is in line with agreed financial targets and KPIs.
• Ensure all commercial activities comply with industry standards, regulations, and company policies, particularly in semiconductor facility construction (e.g., cleanroom design, HVAC systems, utilities, etc.).
• Ensure adherence to all health, safety, and environmental regulations.

Requirements

• Bachelor's Degree in engineering or related field
• Minimum of 10 years of experience in commercial management role, preferably within the semiconductor, industrial construction, or high-tech building sectors.
• Extensive experience in contract negotiation, procurement, and cost management for large-scale construction projects.
• Excellent problem solving, analytical, and communication skills
• Proven ability to manage contracts, risk, and procurement processes effectively.
• Proficiency in project management software, Microsoft Office, and financial reporting tools.
• Ability to collaborate and influence at all levels of the organization.
• Strong leadership and decision-making abilities.
• Results-driven with a focus on maximizing value while managing risks.
• Highly organized and able to manage multiple projects simultaneously
• Able to travel / relocate