Commercial Manager (Construction)

chuan lim construction pte ltd

Singapore

On-site

SGD 120,000 - 180,000

Full time

3 days ago
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Job summary

Chuan Lim Construction Pte Ltd in Singapore is seeking an experienced Commercial & Cost Manager to lead budgeting, cost planning, and forecasting for large-scale projects.

You will monitor project costs, cash flow, and profitability; draft and manage contracts, variations and claims; oversee procurement and risk management; and collaborate with clients, consultants, and internal teams to deliver on time and within budget.

Qualifications

  • Bachelor’s degree in Quantity Surveying, Construction Management, Engineering or related field.
  • 8–15 years of experience in construction/commercial management.
  • Strong knowledge of construction contracts.
  • Excellent negotiation, analytical and financial management skills.
  • Experience managing large-scale construction projects.

Responsibilities

  • Lead project budgeting, cost planning, and forecasting.
  • Monitor project costs, cash flow, and profitability.
  • Prepare and present financial reports to senior management.
  • Identify cost-saving opportunities and value engineering initiatives.
  • Draft, review, and manage contracts and ensure compliance.
  • Handle contract variations, claims, and dispute resolution.
  • Manage EOT and liquidated damages (LD) matters.
  • Oversee procurement strategies and tendering processes.
  • Evaluate and negotiate with subcontractors and suppliers.
  • Manage subcontractor performance and payments.
  • Identify commercial risks and develop mitigation strategies.
  • Liaise with clients, consultants, contractors, and internal teams; provide commercial guidance.
  • Prepare, evaluate, and negotiate claims; maintain proper documentation.

Skills

Budgeting & forecasting
Cost management
Financial reporting
Value engineering
Negotiation

Education

Bachelor’s degree in Quantity Surveying/Construction Management/Engineering

Job description

Key Responsibilities
1. Commercial & Cost Management
  • Lead project budgeting, cost planning, and forecasting
  • Monitor project costs, cash flow, and profitability
  • Prepare and present financial reports to senior management
  • Identify cost-saving opportunities and value engineering initiatives
2. Contract Administration
  • Draft, review, and manage contracts (main contracts and subcontracts)
  • Ensure compliance with contractual terms and conditions
  • Handle contract variations, claims, and dispute resolution
  • Manage extension of time (EOT) and liquidated damages (LD) matters
3. Procurement & Vendor Management
  • Oversee procurement strategies and tendering processes
  • Evaluate and negotiate with subcontractors and suppliers
  • Manage subcontractor performance and payments
  • Ensure procurement aligns with project budgets and timelines
4. Risk Management
  • Identify commercial and contractual risks
  • Develop mitigation strategies to minimize financial exposure
  • Ensure compliance with legal, regulatory, and company policies
5. Stakeholder Management
  • Liaise with clients, consultants, contractors, and internal teams
  • Support project teams with commercial advice and guidance
  • Participate in project meetings and negotiations
6. Claims & Dispute Resolution
  • Prepare, evaluate, and negotiate claims
  • Manage disputes in collaboration with legal teams
  • Maintain proper documentation to support claims and variations
Requirements
  • Bachelor’s degree in Quantity Surveying, Construction Management, Engineering, or related field
  • 8–15 years of experience in construction/commercial management
  • Strong knowledge of construction contracts
  • Excellent negotiation, analytical, and financial management skills
  • Experience managing large-scale construction projects
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