Commercial Lead
Wasael Property Management · Abu Dhabi
وصف الوظيفة
About the role
Job Purpose: To lead and manage the commercial aspects of assigned projects, ensuring effective cost control, contract management, commercial governance, and risk management to achieve project objectives and maximize commercial value throughout the project lifecycle.
Key responsibilities
- Lead the commercial management of assigned projects from planning and procurement through construction, completion, and final account.
- Develop and implement commercial strategies aligned with project objectives, budgets, and organizational requirements.
- Manage project budgets, cost plans, forecasts, cash flows, commitments, and commercial performance.
- Monitor project expenditure against approved budgets and identify potential cost overruns, risks, and opportunities.
- Oversee contract administration and ensure compliance with contractual obligations, commercial terms, and organizational procedures.
- Manage variations, change orders, claims, extensions of time, and other contractual and commercial matters.
- Lead commercial negotiations with consultants, contractors, suppliers, and other service providers.
- Review tender documentation, commercial evaluations, bid submissions, and contract award recommendations.
- Support Procurement in developing contracting and procurement strategies for major project packages.
- Review and validate contractor and consultant payment applications, valuations, and commercial submissions.
Required profile
- Bachelor’s degree in Quantity Surveying, Commercial Management, Engineering, Construction Management, or a related discipline.
- Professional accreditation such as MRICS, RICS, or equivalent preferred.
- 12–15 years of relevant commercial experience, including senior commercial roles on large‑scale and complex projects.
- Strong experience within real estate development, construction, infrastructure, or major project environments.
- Extensive experience in cost management, contract administration, procurement, claims, variations, and final accounts.
- Strong knowledge of construction contracts and relevant contractual frameworks, including FIDIC where applicable.
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Wasael Property Management
Abu Dhabi
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