Project Commercial Manager Wood Abu Dhabi

Wood currently is looking to hire an experienced Project Commercial Manager to join their team on a major oil and gas project in UAE. Wood’s career page announced this job vacancy on 8 March 2024 under the job ID 5078. Desirous candidates must make use of this opportunity and submit their applications now.

Responsibilities of A Project Commercial Manager

• Promote and demonstrate safety leadership behaviors.
• Always act ethically and with the utmost integrity.
• Champion and promote the application of the Financial Management Framework guidelines.
• Champion and follow the relevant DOA and commercial / contracting policies.
• Pre-award activities including support to the proposals team in terms of performing a commercial review of tender documents, reviewing commercial proposals prior to submission for internal approval, preparing pricing and commercial qualifications.
• All activities within the Tender governance processes across the sub-BG.
• Compliance with Woods commercial policies, processes, and procedures within sub-BG (tender governance, financial instruments, contracting policy, etc.).
• Risk management process including risk identification, mitigation planning, and administration of risk process in conjunction with operations.
• Contractual negotiation strategies for client contracts, JV’s, and teaming agreements in conjunction with the bid team and key stakeholders.
• Negotiation of Terms and Conditions with clients and suppliers.
• Main contract administration of across sub-BG including timely provision of commercial deliverables (e.g. bonds, PCGs, evidence of insurance), correspondence management, and management of change to optimize commercial entitlements.
• Development, implementation, and maintenance of project commercial handover/plans including commercial strategy, subcontracting commercial strategy, and profit improvement plans.
• Regular project cost analysis/reviews to maximize recoverable costs, minimize disallowable costs, and ensures adequate cost accruals and provisions are in place.

What You’ll Do More

• DOA is maintained, communicated, and complied with across the sub-BG.
• Project cashflow forecasts, expenditure, invoice preparation, and expediting of payments, with limited support and supervision, and in accordance with client contract requirements and Wood processes and procedures.
• Ensuring the accuracy of invoices and supporting information/data and maintaining project invoice registers.
• Developing subcontracting commercial strategy in conjunction with Project Management, supply chain, and other functions, as required.
• The compilation of subcontract documents, including main contract flow downs, pricing, and payment prior to execution, subcontract filing/retention of records.
• Regular cost analysis to: i. maximize recoverable costs, ii. minimize disallowable costs, iii. identify areas for cost saving and iv. ensure adequate cost accruals and provisions are in place.
• The preparation, delivery, and analysis of inputs to key contract and internal project reporting requirements and ensure the accuracy of project forecasts
• Commercial representation in monthly BU/BG/Sub BG project reviews.
• The preparation and delivery of main contract and subcontract (if applicable) close-out requirements in full accordance with contract requirements while optimizing Woods commercial recovery.
• Governance and implementation of Financial Management Framework within assigned project / sub-BG.
• Align project / sub-BG specific commercial requirements with WOOD commercial processes and procedures and communicate to relevant personnel
• Resource competent commercial personnel.
• Manages and supervises personnel development and training of the designated commercial team.
• Coordination of contract reviews and the development of qualifications/redlines in conjunction with the Contracts function to ensure the balance of risk is appropriate for the associated services and remuneration model.
• The pursuit of Wood’s assertive claims and/or defending claims against Wood, as required, and ensuring appropriate interface with in-house legal is in place when required.

Requirements For Project Commercial Manager

The eligibility requirements for role of a Project Commercial Manager are as under:

• Bachelor’s Degree in Quantity Surveying, Law, or Business Studies, along with appropriate professional qualification (preferred).
• 8 years of experience in a similar role with 4+ years of leadership/management experience.
• Proven experience in contract administration including change management.
• Awareness of all relevant corporate and project procedures.
• Experience in contract negotiations.
• Experience in claims & dispute resolution (pre and post-litigation experience preferred).

Desired Skills

• Utmost integrity.
• Demonstrate commitment to WOOD and client Core Values.
• Demonstrate commitment to WOOD Commercial Process and Procedures.
• Excellent communication skills, written, oral, and presentation.
• Ability to work as part of team and manage others.
• Ability to prioritize key tasks and solve problems for the team.
• Ability to mentor and coach direct reports.
• Ability to enagage with key stakeholders.
• Advanced user of Microsoft Word, Excel and PowerPoint.

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