Senior Commercial Manager - Project Finance & Contracts

GRACE HR SOLUTIONS; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

GRACE HR SOLUTIONS in Singapore is seeking an experienced Quantity Surveyor to oversee commercial and cost control across multiple projects. You will develop budgets, monitor costs and review contracts to protect project outcomes.

The role requires 8–10 years in QS or commercial management, strong leadership, and proficiency with Excel and ERP/QS software. You will coordinate with clients, consultants and subcontractors to ensure timely payments and accurate final accounts.

Qualifications

• Diploma or Bachelor's Degree in Quantity Surveying or related disciplines.
• 8–10 years of relevant experience in Quantity Surveying or Commercial Management.
• Experience leading commercial functions and supervising Quantity Surveying personnel.
• Experience in healthcare, industrial, data centre or infrastructure projects is advantageous.
• Strong knowledge of contract administration, progress claims, variation claims and final accounts.
• Proficient in MS Office, especially Excel.
• Familiarity with standard forms of contracts (PSSCOC, SIA, FIDIC and NEC).
• Experience with ERP systems, QS software or commercial management systems.
• Excellent leadership, negotiation and stakeholder management skills.
• Ability to manage multiple projects and priorities effectively.
• Meticulous, proactive and results-oriented.

Responsibilities

• Develop project budgets, cost plans and commercial strategies.
• Monitor project costs, profitability and financial performance.
• Prepare cost forecasts, cash flow projections and commercial reports.
• Identify commercial risks and mitigation measures.
• Analyse project performance and cost optimisation opportunities.
• Review client contracts, subcontract agreements and tender documents.
• Interpret contractual obligations and advise project teams on commercial matters.
• Administer contractual notices, correspondence and commercial documentation.
• Ensure compliance with contract conditions and company commercial procedures.
• Support resolution of contractual and commercial issues.
• Review and oversee the preparation of monthly progress claims.
• Review subcontractor payment claims and commercial assessments.
• Monitor payment certifications, project receivables and cash flow.
• Liaise with clients, consultants and internal stakeholders to facilitate timely payment.
• Support commercial recovery and resolution of outstanding payment issues.
• Lead the identification, evaluation and pricing of variation works.
• Review and negotiate variation claims with clients and consultants.
• Monitor variation approval status and recovery of project entitlements.
• Coordinate Extension of Time (EOT) submissions where applicable.
• Ensure contractual entitlements are properly documented and recovered.
• Review and negotiate final accounts with clients and subcontractors.
• Ensure timely closure of all commercial matters upon project completion.
• Resolve outstanding contractual and financial issues before project close-out.
• Prepare monthly commercial reports for management review.
• Monitor project financial performance against approved budgets.
• Maintain commercial risk registers and recommend mitigation actions.
• Support management with commercial analysis and strategic recommendations.
• Lead, mentor and supervise Assistant QS / QS personnel.
• Review commercial submissions and contractual documentation prior to submission.
• Provide technical guidance on quantity surveying, contract administration and commercial management.
• Support the implementation and continuous improvement of Commercial Department procedures and ISO workflows.
• Assist the Head of Commercial in developing commercial policies, processes and best practices.
• Work closely with Project Managers, Engineers, Finance, Clients, Consultants and Subcontractors.
• Attend project and commercial meetings to provide commercial advice and recommendations.
• Foster strong working relationships with internal and external stakeholders to support successful project delivery.

Skills

Leadership

Negotiation

Stakeholder management

Communication

Problem-solving

Multitasking

Analytical thinking

Attention to detail

Education

Quantity Surveying

Building Services Engineering

Mechanical Engineering

Electrical Engineering

Construction Management

Business

Tools

Excel

ERP systems

QS software

Contract administration software

Job description

GRACE HR SOLUTIONS in Singapore is seeking an experienced Quantity Surveyor to oversee commercial and cost control across multiple projects. You will develop budgets, monitor costs and review contracts to protect project outcomes.

The role requires 8–10 years in QS or commercial management, strong leadership, and proficiency with Excel and ERP/QS software. You will coordinate with clients, consultants and subcontractors to ensure timely payments and accurate final accounts.