Commercial Manager
3 weeks ago
Bachelors degree in Business, Finance, Quantity Surveying, Engineering, or related field required.
RICS, AACE, or CPCM certification preferred.
Experience:
- 10+ years of experience in commercial management, cost control, and contracts administration in the Oil & Gas sector.
- Strong background in EPC project contracts, procurement strategies, and cost estimation.
- Experience in managing large capital projects, both onshore and offshore.
- Familiarity with regulatory and tax compliance requirements for major Oil & Gas markets.
Technical Skills:
- Proficiency in SAP, Oracle, or similar cost control and financial systems.
- Strong knowledge of contract law, procurement strategies, and risk assessment tools.
- Ability to analyze financial models, cost trends, and project KPIs.
Key Responsibilities
- Commercial & Contract Management:
- Develop and manage project contracting strategies, ensuring alignment with business objectives.
- Negotiate and administer EPC, lump sum, cost-reimbursable, and unit rate contracts.
- Ensure contract compliance, claims management, and dispute resolution.
- Work closely with legal teams to mitigate commercial risks and liabilities.
- Cost Control & Forecasting:
- Implement cost control procedures, tracking budgets, and forecasting expenditures.
- Develop detailed cost estimates and financial reports for project leadership.
- Identify potential cost overruns and recommend corrective actions.
- Support procurement and supply chain teams in vendor pricing negotiations.
- Risk Management & Compliance:
- Assess commercial risks associated with contract terms, market conditions, and project execution.
- Ensure compliance with industry regulations, financial policies, and company standards.
- Provide strategic commercial advice to senior leadership on risk mitigation.
- Stakeholder & Client Communication:
- Present commercial reports, cost forecasts, and contract strategies to stakeholders.
- Lead contract negotiations and liaise with vendors, subcontractors, and legal teams.
- Ensure seamless collaboration between commercial, legal, finance, and project execution teams.
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