Commercial Manager at Tokiye Integrated Medical Services

Role Summary

The Commercial Manager is responsible for managing the financial and contractual aspects of the project to ensure value for money, cost control, and profitability. The role oversees tendering, contract negotiation, project valuation, budgeting, and payment administration. The Commercial Manager ensures all commercial transactions are transparent, compliant, and aligned with project delivery objectives.

Key Responsibilities

Contract Administration

• Develop, review, and manage all contracts (vendors, consultants, subcontractors, and suppliers)
• Work with the Contracts Manager and Legal Team to ensure terms and conditions are compliant with project policies and client requirements
• Manage variations, claims, and contractual disputes
• Prepare and maintain a Contract Register and ensure compliance with approval thresholds

Cost Planning and Budget Control

• Prepare the overall project cost plan and budget in alignment with approved funding structure
• Establish cost control systems linked to procurement and project accounting
• Track actual vs. forecast expenditure and flag deviations to the Project Director
• Lead value engineering and cost optimization reviews

Procurement and Tendering

• Oversee all commercial aspects of procurement, including RFQs, bid evaluations, and contract award recommendations
• Participate in Bid Evaluation Reports (BER) and ensure transparent selection based on value, compliance, and capability
• Negotiate pricing and payment terms to protect company cash flow and ensure alignment with project milestones

Valuation, Payments and Cash Flow

• Certify interim and final payments to contractors and suppliers
• Manage monthly valuations and progress certificates for works completed
• Monitor and update project cash flow forecasts in coordination with the finance team