Qureos Mentor

Strong Force-MGC W.L.L

Department: Commercial &amp; ContractsReporting to: Commercial ManagerFunctional Coordination: Commercial Executive / Project Manager / CEO / Group CFOLocation: Manama, Kingdom of BahrainPurpose of the RoleTo manage and control all post-contract quantity surveying activities with precision, efficiency, and contractual compliance.The Quantity Surveyor (Post-Contract) plays a vital role in ensuring accurate valuations, timely certification, transparent cost reporting, and seamless coordination with both the Commercial Executive and Finance teams.This position safeguards SFMGC&rsquo;s financial and contractual interests throughout the project lifecycle, while continuously improving commercial processes and value realization.Core Responsibilities1. Cost Control &amp; Valuation<ul><li>Prepare and process interim payment applications, progress valuations, and final accounts for clients and subcontractors.</li><li>Conduct site measurements, joint inspections, and quantity verifications to ensure claims and invoices reflect actual work done.</li><li>Maintain detailed cost-to-complete (CTC) analyses, cost variance reports, and monthly project cost summaries.</li><li>Support the Commercial Manager and CFO in preparing cash flow forecasts, cost performance indicators (KPIs), and profitability reports.</li><li>Track material and manpower cost utilization to ensure budgetary control and accurate cost attribution.</li></ul>2. Contract Administration<ul><li>Administer the financial and contractual aspects of main and subcontract agreements, ensuring compliance with SFMGC policies and FIDIC terms.</li><li>Prepare and review contractual correspondence, notices, and claims documentation for accuracy and timeliness.</li><li>Support the Commercial Executive in maintaining consistency between tender assumptions and post-contract deliverables.</li><li>Ensure all contractual obligations, performance guarantees, and warranties are properly tracked and documented.</li><li>Coordinate with the Finance Department to align contract terms with invoicing, collections, and retention releases.</li></ul>3. Variations, Claims &amp; Final Accounts<ul><li>Identify, evaluate, and substantiate variations, change orders, and EOT claims in collaboration with the Commercial Executive and Project teams.</li><li>Maintain a live variation register and ensure all supporting documents are verified, approved, and recorded.</li><li>Assist in the preparation and negotiation of final accounts with subcontractors, suppliers, and clients.</li><li>Review contractual change documentation and ensure all approved variations are reflected in project cost reports.</li><li>Monitor payment status and retention recovery, ensuring cash flow stability and minimizing disputes.</li></ul>4. Coordination &amp; Cross-Functional Collaboration<ul><li>Work closely with the Commercial Executive to align project cost data, tender assumptions, and commercial forecasts.</li><li>Collaborate with Project Managers, Engineers, and Site Supervisors to validate quantities, progress, and variation claims.</li><li>Interface with Finance and Contracts teams to ensure data consistency across billing, accounting, and cash flow reporting.</li><li>Participate in monthly commercial meetings to review cost performance, billing status, and revenue projections.</li><li>Support the Commercial Manager in preparing MIS updates, management dashboards, and project performance summaries.</li></ul>5. Reporting &amp; Documentation<ul><li>Prepare and update cost and valuation reports, dashboards, and commercial trackers for ongoing projects.</li><li>Maintain organized documentation for contracts, BOQs, payment applications, guarantees, and insurance certificates.</li><li>Ensure audit readiness by maintaining detailed and traceable records of all commercial and financial transactions.</li><li>Submit monthly progress summaries for management review, highlighting risks, opportunities, and pending variations.</li><li>Provide feedback to the Commercial and Tender teams for continuous improvement in pricing accuracy and contract clarity.</li></ul>6. Risk &amp; Dispute Management<ul><li>Identify potential commercial or contractual risks and recommend mitigation strategies.</li><li>Support the Commercial Manager in claims, negotiations, and dispute resolution with clients or subcontractors.</li><li>Ensure cost and claim documentation meets contractual and legal standards to protect SFMGC&rsquo;s position.</li><li>Implement proactive commercial monitoring to prevent financial exposure or compliance gaps.</li></ul>Qualifications &amp; Experience<ul><li>Bachelor&rsquo;s Degree in Quantity Surveying, Civil Engineering, Construction Management, or equivalent discipline.</li><li>5&ndash;8 years of experience in post-contract quantity surveying, contract administration, or cost control within construction, post-tensioning, or infrastructure sectors.</li><li>Working knowledge of FIDIC contracts, contract law, and GCC construction practices.</li><li>Proficiency in Microsoft Excel, cost control tools, AutoCAD, and ERP/finance systems.</li><li>Strong analytical, numerical, and documentation skills with the ability to interpret technical drawings and BOQs.</li><li>Excellent communication and negotiation abilities with multi-disciplinary teams.</li><li>Exposure to commercial coordination or pre-contract experience will be an added advantage.</li></ul>Key Competencies<ul><li>Strong commercial and contractual awareness.</li><li>Accuracy and consistency in cost and valuation reporting.</li><li>Team collaboration, particularly with commercial and finance functions.</li><li>Proactive problem-solving and risk identification.</li><li>Negotiation and documentation precision.</li><li>Process-oriented mindset with commitment to governance and transparency.</li></ul>Performance Indicators<ul><li>Timeliness and accuracy of valuations, variations, and cost reporting.</li><li>Percentage of variations successfully certified and recovered.</li><li>Efficiency of coordination with the Commercial Executive and Finance team.</li><li>Adherence to audit and compliance requirements.</li><li>Improvement in documentation discipline and cost recovery rates.</li><li>Contribution to overall commercial process optimization.</li></ul>Career Growth PathThe role offers a progressive path to Senior Quantity Surveyor and subsequently Commercial Lead or Manager, based on technical capability, accuracy in reporting, and leadership potential.High-performing QSs will gain exposure to advanced contract negotiation, cost governance, and strategic project financial management.Job Type: Full-time

Quantity Surveyor (Post-Contract)

Department: Finance &amp; Corporate Services Reporting to: CEO / Group CFO Location: Manama, Kingdom of BahrainPurpose of the RoleTo lead SFMGC&rsquo;s financial governance, reporting, and compliance frameworks, ensuring statutory compliance, fiscal discipline, and operational excellence across all projects. The Finance &amp; Controller will oversee project-based accounting, treasury, and ERP integration, aligning financial performance with corporate growth objectives, client requirements, and GCC contracting standards.Core Responsibilities1. Financial Governance &amp; Reporting<ul><li>Implement IFRS-aligned accounting policies, internal controls, and reporting standards.</li><li>Oversee monthly, quarterly, and annual financial closing, including P&amp;L, balance sheet, and cash flow statements.</li><li>Prepare board-level reports with detailed variance, performance, and risk commentary.</li><li>Establish and monitor an internal audit charter and compliance calendar.</li><li>Manage ERP integration and ensure accuracy of cross-module data flows.</li><li>Develop and maintain a Finance SOP Manual covering all approval and reporting processes.</li></ul>2. Treasury &amp; Cash Flow Management<ul><li>Manage daily cash flow, banking positions, and liquidity planning across all projects.</li><li>Negotiate and maintain credit facilities, guarantees, and trade instruments with local and regional banks.</li><li>Lead project-level cash flow forecasting aligned with contract milestones, advance payments, and retention schedules.</li><li>Manage Performance Bonds, Advance Payment Guarantees, and Retention Bonds with accurate expiry tracking.</li><li>Monitor DSCR, DSO, DPO, and cash conversion cycle through a structured treasury dashboard.</li></ul>3. Budgeting, Forecasting &amp; Financial Analysis<ul><li>Develop annual budgets and rolling forecasts with input from commercial and operations teams.</li><li>Conduct variance analysis between actual vs. budget and identify cost optimization opportunities.</li><li>Develop profitability and ROI models for bids, tenders, and new capital investments.</li><li>Present financial performance dashboards and board review packs.</li><li>Support CEO/CFO in fundraising, sukuk issuance, and partnership negotiations.</li></ul>4. Project-Based Financial Control<ul><li>Establish project cost control systems for WIP, retention, and variation tracking per project.</li><li>Implement job costing and profit recognition in accordance with IFRS 15.</li><li>Review project cash flow forecasts against contract milestones and client certifications.</li><li>Support claims preparation, variation substantiation, and EOT financial assessment.</li><li>Integrate procurement, subcontractor payments, and project cost tracking within ERP.</li></ul>5. Audit, Taxation &amp; Compliance<ul><li>Ensure full compliance with MOIC, NBR, and other GCC statutory bodies.</li><li>Coordinate internal and external audits, ensuring timely closure of observations.</li><li>Oversee VAT filing, reconciliation, and submission per Bahrain NBR regulations.</li><li>Lead insurance portfolio management (CAR, Professional Indemnity, Workmen&rsquo;s Compensation, Marine, etc.).</li><li>Ensure corporate tax and VAT readiness for future GCC harmonisation.</li></ul>6. Risk Management &amp; Corporate Controls<ul><li>Develop and implement risk mitigation frameworks for financial exposure, supplier risk, and FX volatility.</li><li>Establish a Delegation of Authority (DOA) Matrix for financial approvals.</li><li>Conduct risk-based project reviews and cost-to-completion evaluations.</li><li>Ensure compliance with AML, anti-bribery, and ethical governance frameworks.</li><li>Maintain a contract financial risk register for disputes, retentions, and LDs.</li></ul>7. Commercial &amp; Contract Integration<ul><li>Partner with the Commercial &amp; Contracts Division to align financial control with BOQ-linked billing, claims, and variations.</li><li>Review and endorse subcontractor agreements and payment certificates.</li><li>Conduct cost-to-complete and margin-at-completion analysis on all major contracts.</li><li>Support bid evaluation, value engineering, and margin improvement initiatives.</li><li>Liaise with legal counsel for dispute resolution, debt recovery, and compliance reviews.</li></ul>8. Digital Transformation &amp; Process Optimization<ul><li>Lead ERP and Financial dashboard implementation covering Finance, Procurement, Projects, and HR.</li><li>Utilize Financial dashboards for real-time project and financial monitoring.</li><li>Automate workflows for payables, procurement, and expense control.</li><li>Implement Business Continuity and Disaster Recovery frameworks for financial data.</li></ul>9. People &amp; Leadership Development<ul><li>Lead and mentor the finance team covering accounting, treasury, and audit functions.</li><li>Build a culture of accountability, transparency, and continuous improvement.</li><li>Establish succession and localisation plans in line with Bahrainisation directives.</li><li>Conduct periodic training for IFRS, VAT, and ethics awareness.</li><li>Introduce performance appraisal metrics tied to accuracy, timeliness, and compliance.</li></ul>Qualifications &amp; Experience<ul><li>Bachelor&rsquo;s Degree in Accounting, Finance, or related discipline (Master&rsquo;s preferred).</li><li>Professional certification: ACCA, CPA, CMA, or CA.</li><li>Minimum 7 years of financial management experience, with minimum 3 years in GCC contracting or EPC/construction firms.</li><li>Deep understanding of IFRS, VAT, project finance, and cost accounting.</li><li>Proven experience in ERP implementation and treasury management.</li><li>Experience in managing project guarantees, LC/LG facilities, and trade finance instruments.</li><li>Strong communication skills</li></ul>Key Competencies<ul><li>Strategic Financial Planning &amp; Analysis</li><li>Treasury &amp; Cash Flow Management</li><li>IFRS &amp; Statutory Compliance</li><li>Contract &amp; Project Cost Control</li><li>Leadership &amp; Team Development</li><li>Digital Finance Transformation</li><li>Audit, Risk &amp; Control Governance</li><li>Stakeholder &amp; Board-Level Reporting</li></ul>Job Type: Full-time

Finance & Controller

POSITION TITLE: Commercial &amp; Contracts Executive (Development Role)Department: Commercial &amp; ContractsReporting to: Commercial ManagerFunctional Coordination: CEO / Group CFOLocation: Manama, Kingdom of BahrainPurpose of the RoleTo support and strengthen SFMGC&rsquo;s commercial and contracting operations while developing into a future commercial leadership role. The Commercial Executive will work across tendering, project contracts, and financial planning to improve efficiency, governance, and profitability.This role is designed for a technically strong, commercially curious professional, ideally with an engineering or construction background, who aspires to become a future Commercial Manager through hands-on learning and exposure to the company&rsquo;s tendering, contracting, and commercial management functions.Core Responsibilities1. Commercial Coordination &amp; Project Support<ul><li>Assist in preparation, review, and administration of project contracts, variations, and change orders.</li><li>Ensure all project commercial activities comply with SFMGC&rsquo;s contractual, financial, and operational frameworks.</li><li>Coordinate across Tender, Contracts, and Finance teams for pricing consistency and cost validation.</li><li>Prepare progress claims, interim payment applications, cost-to-complete and earned value reports.</li><li>Maintain project commercial registers including guarantees, retentions, insurances, and correspondence logs.</li><li>Track procurement orders, subcontractor performance, and commercial deliverables against contract milestones.</li></ul>2. Tendering, Estimation &amp; Bid Support<ul><li>Review tender documents and highlight contractual, commercial, and financial risks.</li><li>Support cost estimation, bid summaries, and rate analyses in collaboration with the Tender Department.</li><li>Validate supplier and subcontractor quotations for compliance with technical and commercial terms.</li><li>Prepare comparative cost sheets, clarifications, and bid submission documentation.</li><li>Maintain tender tracking systems, historical cost databases, and post-bid evaluations for future benchmarking.</li></ul>3. Cost Planning &amp; Financial Insight<ul><li>Work closely with the CFO to analyze project budgets, cost drivers, and financial forecasts.</li><li>Prepare project-level cost plans, cash flow projections, and profitability analyses.</li><li>Assist in verifying subcontractor payments, supplier invoices, and project cost reports.</li><li>Identify cost-saving opportunities, financial risks, and productivity improvements.</li><li>Participate in monthly financial and commercial review meetings with management.</li></ul>4. Contract Administration &amp; Governance<ul><li>Support drafting and administration of subcontracts, letters of intent, and contractual correspondences.</li><li>Assist the Commercial Manager in preparation of claims, variations, and extensions of time (EOT).</li><li>Ensure commercial records and communications are complete, traceable, and audit-ready.</li><li>Monitor contract compliance including insurance coverage, guarantees, and milestones.</li><li>Maintain familiarity with FIDIC and local GCC contractual practices.</li><li>Support ERP-based commercial workflows and data integrity within company systems.</li></ul>5. Process Improvement &amp; Learning<ul><li>Identify and propose improvements to tendering, contracting, and cost-control processes.</li><li>Support implementation of digital tools, templates, and cost databases for improved commercial analysis.</li><li>Learn and apply fundamentals of contract law, risk management, and financial modeling under guidance.</li><li>Participate in training and professional development (e.g., FIDIC workshops, RICS modules).</li><li>Gain exposure to full contract lifecycle management and commercial negotiations.</li></ul>6. Compliance &amp; Reporting<ul><li>Ensure alignment with Bahrain&rsquo;s VAT, WHT, LMRA, and regulatory frameworks.</li><li>Support preparation of documentation required for external audits and internal compliance checks.</li><li>Uphold confidentiality and adherence to corporate governance and anti-corruption standards.</li><li>Assist in preparing management dashboards, KPI trackers, and reporting packs for executive review.</li></ul>7. Stakeholder Engagement &amp; Communication<ul><li>Liaise with clients, consultants, subcontractors, and suppliers for commercial coordination.</li><li>Support management in client meetings, negotiations, and financial presentations.</li><li>Communicate clearly and professionally across departments to ensure alignment on commercial objectives.</li><li>Uphold SFMGC&rsquo;s professional reputation through integrity, accuracy, and responsiveness.</li></ul>Qualifications &amp; Experience<ul><li>Bachelor&rsquo;s Degree in Civil Engineering, Quantity Surveying, Construction Management, or related discipline.</li><li>3&ndash;6 years of experience in commercial, contracting, or tendering roles within construction or engineering sectors.</li><li>Practical knowledge of FIDIC, contract law, tendering procedures, and cost control principles.</li><li>Strong analytical, technical, and financial reporting skills.</li><li>Proficient in MS Excel, MS Project, and ERP/tender management systems.</li><li>Excellent written and verbal communication skills in English.</li><li>Eager to learn, proactive, and committed to advancing toward a commercial leadership position.</li></ul>Key Competencies<ul><li>Commercial and contractual awareness.</li><li>Analytical and problem-solving capability.</li><li>Strong attention to detail and process discipline.</li><li>Effective coordination across departments.</li><li>Initiative, accountability, and professional integrity.</li><li>Ability to balance technical, financial, and operational perspectives.</li><li>Familiarity with GCC contracting norms and project workflows.</li></ul>Performance Indicators<ul><li>Accuracy and timeliness of cost and contract documentation.</li><li>Compliance with commercial and financial governance requirements.</li><li>Responsiveness and collaboration with Finance and Project teams.</li><li>Contribution to process efficiency and reduced cycle times.</li><li>Improvement in project margin reporting and cash flow forecasting.</li><li>Growth in commercial capability and readiness for promotion within 18&ndash;24 months.</li></ul>Career PathThis is a developmental role designed to cultivate a future Commercial Manager.Exceptional performance will lead to promotion as Senior Commercial Executive, and subsequently Commercial Manager, overseeing tenders, contracts, and project financial governance across SFMGC&rsquo;s Bahrain and GCC operationsJob Type: Full-time

Contracts Executive

Department: Finance &amp; Corporate ServicesReporting to: Chief Financial Officer (CFO)Location: Manama, Kingdom of BahrainPurpose of the RoleTo manage and execute the day-to-day accounting operations, financial documentation, and compliance processes for SFMGC. The Accounts Executive ensures accuracy and timeliness in recording financial transactions, reconciling accounts, maintaining documentation, and supporting VAT and audit compliance. The role upholds strong internal controls, supports the CFO in financial reporting, and ensures financial integrity across projects, suppliers, and clients.Core Responsibilities1. Accounting Operations &amp; Documentation<ul><li>Prepare and process payment vouchers, receipt vouchers, and cheques for approved payments.</li><li>Record daily payments and receipts accurately into the accounting system and update the Daily Cash Flow Register.</li><li>Maintain systematic filing of vouchers, cheque copies, and expense claims in sequential order for audit traceability.</li><li>Enter invoices, receipts, and payments into the accounting system to ensure up-to-date and accurate financial data.</li><li>Verify and post monthly progress invoices, ensuring alignment with the Contracts Department prior to posting.</li><li>Check, update, and reconcile inventory entries in coordination with warehouse and procurement teams.</li></ul>2. Accounts Payable (A/P) Management<ul><li>Process and validate supplier invoices against purchase orders, delivery notes, and approvals.</li><li>Prepare supplier payment runs as per agreed terms and ensure all supporting documentation is complete.</li><li>Perform monthly reconciliation of Accounts Payable with supplier statements and resolve discrepancies promptly.</li><li>Maintain proper tracking of advances, retentions, and debit notes to ensure accurate liabilities.</li></ul>3. Accounts Receivable (A/R) Management<ul><li>Record and monitor client invoices, receipts, and retention recoveries.</li><li>Reconcile Accounts Receivable balances with client or Contracts Department records monthly.</li><li>Prepare collection reports, aged receivable statements, and follow-up updates for management.</li><li>Ensure accurate posting of contract variations, retention releases, and advance recoveries.</li></ul>4. Cash Flow &amp; Treasury Support<ul><li>Maintain Daily and Weekly Cash Flow Statements reflecting current and projected liquidity positions.</li><li>Support the CFO in preparing monthly and quarterly cash forecasts for management planning.</li><li>Manage petty cash disbursements, reimbursement claims, and ensure compliance with internal limits.</li><li>Reconcile bank statements monthly and support treasury transactions including deposits, transfers, and credit utilization.</li><li>Prepare banking documentation for auditors, financial institutions, and project financiers as needed.</li></ul>5. VAT, Compliance &amp; Audit Support<ul><li>Review and verify sales and purchase entries to ensure accuracy ahead of VAT submission deadlines.</li><li>Assist in preparing VAT computations, reconciliations, and returns in compliance with the National Bureau for Revenue (NBR).</li><li>Maintain organized documentation for VAT audits and tax assessments.</li><li>Support external and internal audits by preparing account schedules, reconciliations, and supporting documents.</li><li>Ensure compliance with SFMGC&rsquo;s Quality Management System (QMS) and accounting policies.</li></ul>6. General Ledger &amp; Reporting<ul><li>Post journal entries for accruals, prepayments, and adjustments in line with IFRS standards.</li><li>Support the CFO in preparing trial balances, monthly management accounts, and audit schedules.</li><li>Assist in project cost tracking, including expense allocation, job costing, and cost-to-completion analyses.</li><li>Identify and report any inconsistencies or discrepancies in ledgers or project-level accounts.</li></ul>7. Internal Controls &amp; Risk Management<ul><li>Enforce internal financial control procedures in line with SFMGC&rsquo;s QMS and ISO standards.</li><li>Conduct periodic self-audits on AP, AR, and petty cash records to identify risk exposures.</li><li>Monitor compliance with company approval limits, documentation protocols, and segregation of duties.</li><li>Recommend and implement process improvements to strengthen financial discipline and data integrity.</li><li>Report non-compliance or potential control weaknesses to the CFO with mitigation proposals.</li></ul>8. ERP Systems, Reporting &amp; Digitalization<ul><li>Utilize ERP/accounting systems (Tally Prime, SAP, or equivalent) to ensure integrated project and finance reporting.</li><li>Support digitalization initiatives by automating reconciliation templates and management dashboards.</li><li>Ensure all accounting data is system-driven and aligned across Procurement, Contracts, and Operations modules.</li><li>Generate customized financial reports from the ERP system for CFO and management use.</li></ul>9. Cross-Department Coordination &amp; Support<ul><li>Collaborate closely with the Contracts, Procurement, and Project teams to reconcile operational and financial data.</li><li>Coordinate with HR for payroll processing, staff expense verification, and benefits reconciliation.</li><li>Provide financial support for project audits, insurance renewals, and compliance certifications.</li><li>Undertake any ad hoc analysis or reporting tasks as instructed by the CFO or management.</li></ul>Qualifications &amp; Experience<ul><li>Bachelor&rsquo;s Degree or Diploma in Accounting, Finance, or Commerce.</li><li>4&ndash;6 years of relevant experience in accounting or finance, preferably in construction, contracting, or engineering sectors.</li><li>Strong working knowledge of IFRS, VAT compliance, and Bahrain financial regulations.</li><li>Proficiency in ERP/accounting systems (E Promise,Tally, SAP, or equivalent).</li><li>Advanced Microsoft Excel skills (Pivot, VLOOKUP, reconciliations).</li><li>High attention to detail, accuracy, and organizational discipline.</li><li>Strong written and verbal communication skills in English; Arabic is an advantage.</li></ul>Key Competencies<ul><li>Accuracy and integrity in financial data management.</li><li>Strong understanding of accounting cycles and documentation control.</li><li>Effective reconciliation and problem-solving abilities.</li><li>Compliance-driven mindset with attention to detail.</li><li>Collaboration and coordination with cross-functional departments.</li><li>Confidentiality, ethical conduct, and adherence to corporate governance.</li><li>Time management and accountability in meeting reporting deadlines.</li></ul>Performance Indicators<ul><li>Accuracy and timeliness of accounting entries and reconciliations.</li><li>Compliance with VAT and audit deadlines.</li><li>Integrity and organization of financial documentation and records.</li><li>Efficiency of payment and collection cycles.</li><li>Consistency in daily and monthly cash flow reporting.</li></ul>Job Type: Full-time

Accounts Executive

Join Strong Force-MGC W.L.L and explore 4   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Strong Force-MGC W.L.L

ABOUT_COMPANY

Quantity Surveyor (Post-Contract)

Finance & Controller

Contracts Executive

Accounts Executive