To lead and direct the commercial functions of the Projects Development Department by managing project feasibility, budgeting, contracts, cost control, risk management, and commercial strategy, ensuring successful delivery of development projects while safeguarding the organization's commercial interests and achieving financial, contractual, and strategic objectives The projects are mainly of Residential, Commercial buildings located within & outside UAE
Responsibilities
- Develop and implement commercial strategies aligned with company objectives and project development plan
- Lead all commercial aspects of development projects from feasibility stage to project closure
- Ensure effective cost planning, budgeting, forecasting, and financial control of project
- Monitor project profitability, cost performance, cash flow, and commercial compliance
- Participate in project feasibility studies, financial modelling, market assessments, and investment evaluation
- Review project CAPEX, OPEX, return on investment (ROI), and business case assessment
- Support project acquisition, development, and investment decision
- Lead contract negotiations, payments terms, Variation
- Review and approve commercial terms, agreements, variations, claims, and contractual documentation
- Ensure contracts are managed in accordance with company policies and legal requirement
- Establish project cost control systems and commercial reporting framework
- Approve budgets, cost plans, payment applications, forecasts, and change management process
- Monitor project expenditure against approved budget
- Ensure accurate financial reporting and cost analysis
- Lead high-level commercial negotiations and strategic commercial discussion
- Present commercial reports and recommendations to executive management
Desired Experience
- Minimum 12–18 years of relevant experience in commercial, contracts, project development, or construction management.
- Minimum 5–8 years in a senior management/director role.
- Strong experience in real estate development, construction projects, or mixed-use developments.
- Extensive knowledge of FIDIC contracts, cost control, budgeting, and project commercial management.
- GCC / UAE market experience preferred.
- CCM & CPCM certified.
- Possess the skills and experiences to actively support the internal team and manage resources on technically complex projects/programme of works.
- Relevant professional experience, including of delivering large and complex projects across an entire project life cycle.
