Commercial Director
5 days ago
Raise your career as a Commercial Director at Rawaj - Human Capital Management, a pioneering company in the Construction industry in Saudi Arabia.
Main Responsibilities- Oversee the financial and contractual aspects of complex construction projects, ensuring profitability, risk mitigation, and compliance with industry standards.
- Monitor project costs closely, from initial estimates to final expenditures, identifying opportunities for cost control and optimization.
- Analyze cost reports, track spending, and implement strategies to prevent overruns and maximize profitability.
- Allocate resources effectively, adhere to budgets, and make adjustments as needed to ensure financial goals are met.
- Assess revenue, expenses, and overall profitability, providing insights and recommendations to improve financial outcomes.
- Develop and implement risk management plans to minimize the impact of unexpected events on the project's financial health.
- Ensure timely and cost-effective sourcing of materials, equipment, and services through procurement activities.
- Resolve contract disputes or disagreements through negotiation, mediation, or legal means while safeguarding the company's interests.
- Stay informed about industry trends, market fluctuations, and competitive landscapes to inform financial strategies.
- Bachelor's degree in Business, Finance, Quantity Surveying, or a related field.
- Minimum of 8 years of experience in commercial management within the construction industry.
- Strong knowledge of contract law, procurement, and financial reporting.
- Experience with cost control, budgeting, and profitability analysis in large-scale projects.
- Excellent negotiation, problem-solving, and decision-making skills.
- Proficiency in contract frameworks such as FIDIC and other construction contract standards.
- Strong stakeholder management and communication skills.
- Ability to work under pressure and handle multiple projects simultaneously.
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