Senior Commercial Strategist
7 days ago
Leverage your expertise as a Senior Commercial Strategist in the dynamic team of Rawaj - Human Capital Management, a leading company specializing in the Construction industry in Saudi Arabia.
Key Responsibilities- Negotiate and manage contracts with clients, subcontractors, suppliers, and other parties to ensure profitability and risk mitigation.
- Closely monitor project costs 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.
- Effectively allocate resources, 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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