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We are looking for a Commercial Manager to join an on-going project in NEOM, Saudi Arabia. As a Commercial Manager, you will be responsible for overseeing all financial aspects related to the development of the project. This includes managing costs and budgets associated with [CapEx] construction activities, design, PMC, and [OpEx] hotel operator, guest experience consultants, real-estate advisors, marketing etc as required to enable operational readiness of the island. You will work closely with various stakeholders to ensure financial objectives are met while maintaining the highest standards of quality and efficiency.
Your new role, what's involved
- Cost Estimation and Budgeting:
- Oversee, manage, perform, cost estimation for all phases of island development, including construction, design, hotel operator, guest experience consultants and infrastructure setup.
- Develop comprehensive budgets aligned with project timelines and objectives.
- Continuously monitor and update budgets to ensure accuracy and compliance.
- Manage Stakeholders and ensure endorsement / approval of those stakeholders in accordance with NEOM procedures.
- Financial Planning and Analysis:
- Analyze financial data to provide insights and recommendations for cost optimization and efficiency improvement.
- Forecast financial performance and risks, highlighting areas for potential cost savings or revenue generation.
- Collaborate with project managers and stakeholders to align financial strategies with project goals.
- Vendor Management:
- Assist procurement in the evaluation of vendor proposals and negotiate contracts to secure favourable terms and pricing for consultants and service providers.
- Monitor vendor performance and manage relationships to ensure adherence to budgetary constraints and project timelines.
- Risk Management:
- Identify financial risks and develop mitigation strategies to minimize impact on project outcomes.
- Implement robust financial controls and procedures to maintain compliance with regulatory requirements and industry standards.
- Reporting and Communication:
- Prepare regular financial reports and presentations for project stakeholders, highlighting key metrics, variances, and trends.
- Generate and provide monthly accounting data to the project financial cotrollers.
- Communicate effectively with cross-functional teams to provide financial insights and support decision-making processes.
We'd love to hear from you if you have:
- Bachelor's degree in quantity surveying or related field.
- Minimum 6-8 years of relevant experience.
- Proven experience in cost/budget management for large-scale development projects, preferably in the real estate or hospitality industry.
- Strong financial analysis skills, with the ability to interpret complex data and provide actionable insights.
- Proficiency in financial modelling and budgeting software (e.g., Microsoft Excel, SAP, Oracle).
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.
- Detail-oriented with strong organizational and problem-solving abilities.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities simultaneously.
What's in it for you
What if we can have work-life balance What if we can be rewarded in ways that support our individual needs What if we can be accepted for who we are Here at WSP we can!
WSP recognizes that work is only one part of our lives and making time for the other things in our life is important be that our families, our friends or ourselves. So, if working from home, working part-time or having flexible start and finish time will help with this let us know as part of your application.
As well as rewarding you with competitive pay, WSP offers standard benefits including first class medical cover, generous annual leave, and paid professional subscriptions.
Be you, be happy - we strive to have a friendly and inclusive culture that respects and maximizes the contribution individuals can bring to WSP. We recognize the benefits that people with varying backgrounds and experiences can bring. Here at WSP we positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, religion or belief, marital status, pregnancy or maternity/paternity. We will interview all disabled applicants who meet the essential criteria.
Apply now and be the future of WSP!
