Manager- Commercial. (CDU7)

Role Reports to: Senior Commercial Manager

The Role Requirements

• Assist in preparation of business cases for new items of work.
• Collaborate with project stakeholders to develop and implement procurement strategies.
• Develop and manage tender documentation, including pricing schedules and contract terms.
• Assist in the review of financial proposal tender returns.
• Conduct thorough cost analyses and feasibility studies to support project decision-making.
• Evaluate contractor bids and provide recommendations for contract awards.
• Negotiate contract terms and conditions to optimize project outcomes.
• Ensure that letters of award and regret letters are issued to bidders
• Conduct contract handover meetings with the client’s procurement team and produce minutes of the meeting.
• Ensure performance bonds and advance payment bonds are received and in place for awarded contract and maintain a database for same.
• Issue notices to proceed in accordance with the contract.
• Review and approve subcontractors or subconsultants in line with contractual requirements.
• Monitor and report on project costs, budgets, and financial forecasts throughout the project lifecycle.
• Manage contractual relationships with contractors and suppliers, ensuring compliance with contract
• Identify and assess risks associated with project execution and recommend mitigation strategies.
• Handle variations, claims, and disputes in collaboration with project teams.
• Provide regular updates to senior management on commercial performance and key issues.
• Ensure timely processing of interim payment applications (IPA) and interim payment certificates (IPC).
• Issue notices for delays and deduct penalties as per contract terms.
• Perform contract closeout tasks and update the contracts register upon final discharge.
• Ensure retention monies are released, and bonds or securities are returned in accordance with the contract.
• Liaise with QIC internal teams, including procurement, legal and finance, to ensure alignment to commercial objectives.
• Foster positive relationships with external stakeholders, including clients, contractors, and regulatory bodies.
• Develop and maintain weekly action plans for live tasks.
• Regular commercial meetings with contractors/consultants to ensure proactive management of commercial actions.
• Monthly cash flow reporting and updates to the contracts register for inclusion in the monthly report.
• Ensure timely correspondence management – ensure responses are issued in line with contractual deadlines
• Oversee workload and commitments of Assistant Commercial Manager, and support their professional development

Requirements

• Minimum of 8 years of proven experience in commercial management
• Strong understanding of construction contracts, commercial law, and risk management principles.
• Bachelors Degree in Quantity Surveying or Equivalent
• Excellent negotiation, communication, and interpersonal skills.
• Proficient in financial management and cost control, with good analytical and problem-solving abilities.
• Ability to work independently and as part of a team