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Open nowPosted 6 days ago

Senior Commercial Manager

MyCareersFuture94,028 open roles

Pay
SGD 9,500 – SGD 18,000 a month
Where
Singapore
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Your applicationOpen nowSenior Commercial ManagerMyCareersFuture · Singapore

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Share of postings closed within
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  2. 3.3%3 days
  3. 7.7%7 days
  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 6 days ago

The posting

Job Description

We are seeking an experienced Senior Commercial Manager to lead the commercial and contractual management of a major hospital construction project in Singapore. The successful candidate will oversee contract administration, procurement, cost management, subcontract management, variations, claims and commercial risk throughout the project lifecycle.

Key Responsibilities

  • Lead and manage the commercial and contractual functions for the hospital construction project.
  • Develop and implement commercial strategies to support project objectives and financial performance.
  • Manage the administration of the main contract and ensure compliance with contractual requirements.
  • Review contract conditions, specifications, bills of quantities, drawings and other contract documents.
  • Manage the preparation, evaluation and negotiation of variations, claims and commercial submissions.
  • Monitor project costs, commitments, expenditures, forecasts and potential commercial risks.
  • Prepare and review monthly progress claims, payment applications, valuations and payment certifications.
  • Lead subcontract procurement, including preparation of tender documents, evaluation of quotations and commercial negotiations.
  • Review and negotiate subcontract agreements, purchase orders and commercial terms.
  • Manage subcontractor payments, variations, claims, final accounts and commercial disputes.
  • Monitor subcontractor commercial performance and identify potential cost and contractual risks.
  • Assess and manage extension-of-time, loss-and-expense and other contractual claims where applicable.
  • Maintain proper records of contractual correspondence, notices, variations, claims and commercial documentation.
  • Coordinate with the Project Manager, Quantity Surveyors, Contracts Managers, engineers and site teams on commercial matters.
  • Liaise with clients, consultants, subcontractors and suppliers on contractual and commercial issues.
  • Review project cost reports and provide regular commercial updates to senior management.
  • Identify potential financial exposure and recommend appropriate risk mitigation measures.
  • Assist in the preparation of project budgets, cost forecasts and cash-flow projections.
  • Monitor procurement costs and ensure that project expenditure remains within approved budgets.
  • Lead commercial negotiations with clients, consultants, subcontractors and suppliers.
  • Manage the preparation and agreement of final accounts.
  • Provide commercial advice to the project management team on contractual obligations and project risks.
  • Ensure compliance with company policies, contract requirements and applicable Singapore regulations.
  • Lead and mentor commercial, contracts and quantity surveying personnel within the project team.
  • Perform other commercial and contractual duties as assigned by senior management.

Requirements

  • Degree in Quantity Surveying, Construction Management, Civil Engineering, Building, Business or a related discipline.
  • Minimum 10 years of relevant experience in commercial management, quantity surveying or contract administration within the construction industry.
  • Proven experience in managing the commercial aspects of large-scale building or complex construction projects.
  • Experience in hospital, healthcare, institutional or other complex building projects will be an advantage.
  • Strong knowledge of construction contracts, procurement, subcontract management, cost control, variations and claims.
  • Experience with main contracts and subcontract agreements.
  • Good understanding of Singapore construction practices and relevant contractual requirements.
  • Strong commercial negotiation and contract administration skills.
  • Experience in managing project budgets, cost forecasts, valuations and final accounts.
  • Strong analytical, financial and problem-solving skills.
  • Excellent communication, negotiation and stakeholder-management abilities.
  • Able to work independently and lead a commercial/project team.
  • Proficient in Microsoft Office and relevant quantity surveying or commercial management software.
  • Familiarity with standard forms of construction contracts such as SIA, PSSCOC or other relevant forms will be an advantage.
  • Professional qualification or accreditation in Quantity Surveying, such as SISV/RICS membership, will be an advantage.
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