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Open nowPosted 30 days ago

Assistant Commercial Manager

MyCareersFuture94,028 open roles

Pay
SGD 6,000 – SGD 7,000 a month
Where
North, Singapore
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Your applicationOpen nowAssistant Commercial ManagerMyCareersFuture · North, Singapore

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  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

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The clock on this job

Early applications get read.

7.7% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 1.6%1 day
  2. 3.3%3 days
  3. 7.7%7 days
  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 30 days ago

The posting

We offer attractive benefits such as 5 days week, Flexible Work Arrangement, AWS, Variable Bonus etc. to successful candidate.

Key Responsibilities

• Develop project budgets, cost plans and commercial strategies upon project award. • Monitor project costs, profitability and financial performance throughout the project lifecycle. • Prepare cost forecasts, cash flow projections and commercial reports. • Identify commercial risks and recommend mitigation measures. • Analyse project performance and recommend 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.

Job Requirements

• Diploma or Bachelor's Degree in Quantity Surveying, Building Services Engineering, Mechanical Engineering, Electrical Engineering, Construction Management, Business or related disciplines.

• Minimum8–10 years of relevant experience in Quantity Surveying, Commercial Management or Contract Administration within the construction, ELV, BMS, M&E or system integration industry. • Experience managing projects from project award through final account settlement. • Experience leading commercial functions and supervising Quantity Surveying personnel. • Experience in commercial, healthcare, industrial, data centre or infrastructure projects will be an advantage.

• Strong knowledge of Quantity Surveying, cost control and commercial management principles. • Strong understanding of contract administration, progress claims, variation claims and final accounts. • Familiarity with standard forms of contracts (e.g., PSSCOC, SIA, FIDIC and NEC). • Strong knowledge of PSSCOC standard forms of contract. • Proficient in Microsoft Office, especially Excel. • Experience with ERP systems, QS software or commercial management systems will be an advantage.

• Strong commercial awareness and business acumen.

• Excellent leadership, negotiation and stakeholder management skills.

• Strong analytical and problem-solving abilities.

• Excellent communication and interpersonal skills.

What we offer:

  • Flexible Work Arrangement
  • 5 days week
  • Medical benefits
  • Annual Wages Supplement
  • Performance Bonus
  • Insurance
  • Company transport provided at Admiralty and Sengkang MRT
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