Job Description

1. Cost Estimation and Budgeting

• Preparing accurate cost estimates for projects at the tender stage.
• Analyzing project requirements and providing financial projections.
• Developing budgets and ensuring they align with project goals and client expectations.

2. Contract Management

• Reviewing, negotiating, and managing contracts with clients, subcontractors, and suppliers.
• Ensuring compliance with contractual terms and mitigating any risks associated with contracts.
• Resolving contract-related issues, such as disputes or variations.

3. Procurement and Vendor Management

• Identifying and procuring materials, services, and subcontractors while ensuring cost-effectiveness.
• Negotiating terms with suppliers and subcontractors to ensure value for money.
• Monitoring supplier and subcontractor performance to meet timelines and quality standards.

4. Cost Control and Value Engineering

• Monitoring project costs to prevent overruns and inefficiencies.
• Identifying opportunities for cost-saving through value engineering without compromising quality.
• Regularly updating project budgets and advising on financial forecasts.

5. Risk Management

• Assessing financial and contractual risks across projects.
• Developing mitigation strategies to protect the company's commercial interests.
• Managing claims and change orders, ensuring proper documentation and negotiations.

6. Cash Flow Management

• Overseeing invoicing processes, ensuring timely client payments.
• Managing cash flow by controlling expenses and tracking project milestones.
• Preparing payment schedules for subcontractors and suppliers.

7. Team and Stakeholder Collaboration

• Coordinating closely with project managers, estimators, and other team members to ensure smooth project execution.
• Acting as a liaison between clients, contractors, and internal teams for commercial and financial matters.
• Ensuring client satisfaction by delivering projects within commercial agreements.

8. Reporting and Financial Analysis

• Preparing regular financial reports, cost tracking, and progress updates.
• Providing data-driven insights to management for strategic decision-making.
• Analyzing profitability and performance of projects.

Key Skills Required

• Strong knowledge of fitout project processes and financial management.
• Expertise in contract law and negotiation.
• Proficiency in cost estimation tools and financial software.
• Excellent problem-solving and communication skills.
• Attention to detail to ensure accurate reporting and cost control.

Job Type: Full-time

Pay: AED18,000.00 - AED20,000.00 per month