Senior Commercial Manager – Contract & Cost Management – Dubai, UAE
Posted date [2025-10-05]
(ID: 38117)
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Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional family business houses headquartered in Dubai, United Arab Emirates. |
Senior Commercial Manager – Contract & Cost Management – Dubai, UAE
Position Overview
Al-Futtaim Group Real Estate is seeking a seasoned Senior Commercial Manager to lead the contractual, procurement, and financial management of major development projects across Dubai. The successful candidate will oversee commercial strategy, ensure contractual compliance, and manage costs throughout all project phases — from feasibility to handover. This leadership role is integral in minimizing risk, optimizing investment value, and ensuring project delivery within scope, budget, and schedule.
Job Details
Country: UAE
City: Dubai
Industry: Real Estate
Function: Construction
Salary: 55000–70000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities
* Provide strategic commercial guidance to project teams to ensure financial efficiency and risk mitigation.
* Lead procurement activities, including tender preparation, evaluation, and contract negotiation.
* Oversee cost planning, estimation, and control from project inception to completion.
* Manage and administer consultant and contractor agreements in collaboration with the Group legal department.
* Monitor and report on budgets, costs, and risk exposure across project portfolios.
* Manage insurance requirements, claims, and disputes in compliance with contractual and legal standards.
* Lead monthly reporting on cost, progress, and forecasted financial performance.
* Maintain and develop the internal cost database and benchmark library for future projects.
* Lead and mentor a team of commercial professionals to improve performance and develop talent.
* Ensure adherence to Group policies, FIDIC standards, and commercial governance frameworks.
* Streamline administrative and operational procedures for improved project efficiency.
Ideal Profile
* Bachelor’s degree in Quantity Surveying, Construction Management, or a related discipline.
* 10–15 years of commercial management experience in infrastructure, retail, residential, or hospitality construction.
* Proven background in FIDIC contract administration and dispute resolution.
* Strong negotiation, leadership, and communication skills.
* Solid financial acumen with advanced knowledge of cost control and forecasting.
* Proficiency in MS Office, including Word, Excel, PowerPoint, and Project.
* UAE or GCC experience preferred.
Skills Set
* Contract administration and FIDIC compliance
* Procurement and tender management
* Cost control and risk assessment
* Team leadership and staff development
* Budgeting and financial reporting
Why Join Us
* Opportunity to lead high-value real estate and infrastructure projects with a top-tier developer.
* Competitive, tax-free salary and comprehensive benefits package.
* Exposure to flagship developments such as Dubai Festival City and Cairo Festival City.
* Professional development and career advancement within a globally respected organization.
* Collaborative, performance-driven culture grounded in respect, integrity, and excellence.
About Al-Futtaim Group Real Estate
Al-Futtaim Group Real Estate (AFGRE), the development and property management arm of Al-Futtaim Group, manages a multi-billion-dollar portfolio of residential, commercial, retail, and hospitality projects across the MENA region. As the master developer of iconic destinations such as Dubai Festival City and Cairo Festival City, AFGRE delivers exceptional urban environments that combine innovation, sustainability, and long-term value. Through visionary planning and world-class execution, Al-Futtaim Group Real Estate continues to redefine modern living and working spaces in the region.
Position Overview
Al-Futtaim Group Real Estate is seeking a seasoned Senior Commercial Manager to lead the contractual, procurement, and financial management of major development projects across Dubai. The successful candidate will oversee commercial strategy, ensure contractual compliance, and manage costs throughout all project phases — from feasibility to handover. This leadership role is integral in minimizing risk, optimizing investment value, and ensuring project delivery within scope, budget, and schedule.
Job Details
Country: UAE
City: Dubai
Industry: Real Estate
Function: Construction
Salary: 55000–70000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities
* Provide strategic commercial guidance to project teams to ensure financial efficiency and risk mitigation.
* Lead procurement activities, including tender preparation, evaluation, and contract negotiation.
* Oversee cost planning, estimation, and control from project inception to completion.
* Manage and administer consultant and contractor agreements in collaboration with the Group legal department.
* Monitor and report on budgets, costs, and risk exposure across project portfolios.
* Manage insurance requirements, claims, and disputes in compliance with contractual and legal standards.
* Lead monthly reporting on cost, progress, and forecasted financial performance.
* Maintain and develop the internal cost database and benchmark library for future projects.
* Lead and mentor a team of commercial professionals to improve performance and develop talent.
* Ensure adherence to Group policies, FIDIC standards, and commercial governance frameworks.
* Streamline administrative and operational procedures for improved project efficiency.
Ideal Profile
* Bachelor’s degree in Quantity Surveying, Construction Management, or a related discipline.
* 10–15 years of commercial management experience in infrastructure, retail, residential, or hospitality construction.
* Proven background in FIDIC contract administration and dispute resolution.
* Strong negotiation, leadership, and communication skills.
* Solid financial acumen with advanced knowledge of cost control and forecasting.
* Proficiency in MS Office, including Word, Excel, PowerPoint, and Project.
* UAE or GCC experience preferred.
Skills Set
* Contract administration and FIDIC compliance
* Procurement and tender management
* Cost control and risk assessment
* Team leadership and staff development
* Budgeting and financial reporting
Why Join Us
* Opportunity to lead high-value real estate and infrastructure projects with a top-tier developer.
* Competitive, tax-free salary and comprehensive benefits package.
* Exposure to flagship developments such as Dubai Festival City and Cairo Festival City.
* Professional development and career advancement within a globally respected organization.
* Collaborative, performance-driven culture grounded in respect, integrity, and excellence.
About Al-Futtaim Group Real Estate
Al-Futtaim Group Real Estate (AFGRE), the development and property management arm of Al-Futtaim Group, manages a multi-billion-dollar portfolio of residential, commercial, retail, and hospitality projects across the MENA region. As the master developer of iconic destinations such as Dubai Festival City and Cairo Festival City, AFGRE delivers exceptional urban environments that combine innovation, sustainability, and long-term value. Through visionary planning and world-class execution, Al-Futtaim Group Real Estate continues to redefine modern living and working spaces in the region.
