Essential functions:

M..."> Job: Commercial Project Manager in Midrand - ref: 718873

 

Commercial Project Manager

 

Recruiter:

IOCO

Job Ref:

iOCO00638

Date posted:

Wednesday, February 10, 2021

Location:

Midrand, South Africa

Salary:

Negotiable


SUMMARY:
The Role:

Essential functions:

Manage Project finances on the basis of contractual developments and risk situation

  • Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cas...

    POSITION INFO:
    The Role:

    Essential functions:

    Manage Project finances on the basis of contractual developments and risk situation

    • Supports the PM in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets and financing instruments)
    • Together with the PM ensures the accuracy of the cost and pricing calculation
    • Ensures compliance with IFRS and local GAAP requirements
    • Ensures the accuracy of project books and records, incl. recording of such in appropriate systems, e.g. SAP, Infor, Oracle etc
    • Initiates invoicing according to project progress and contractual terms
    • Ensure proper payment allocation actively performs asset management
    • Ensures the application and the continuously managing of financial Guarantees, Bonds and project securities

    Manage the project enabler processes

    • Ensures compliance with delegation of authority guidelines and group policies for commercial aspects, e.g. risk management process
    • Conducts contracts/order negotiations with regard to commercial aspects
    • Together with the PM, proactively sets up a contract and claim management, including involvement of the assigned CM
    • Ensures communication of commercial contractual obligations/conditions to the relevant project team members
    • Performs the credit risk analysis for potential customer, together with Group Procurement for suppliers

    Manage the project throughout the project Life Cycle

    • Is actively involved in sales / project initiation phase (CRM), if applicable: analysing customersâ?? requirements,
    • examine their commercial and contractual feasibility and transferability into a bid or project proposal, incl. ECC
    • Drives the review and evaluation of the contract conditions incl. all attachments, ensures examination by Legal
    • Ensures together with the PM the adherence to internal controls
    • For cross border projects: synchronizes contract structure with tax and delegation concept; preparation and
    • signature of mandatory documents

    Manage project team

    • Agrees targets and work packages with commercial project staff, delegates defined commercial responsibilities and authority
    • Holds meetings and seeks actively feedback (e.g. team members, managers, customers)
    • Takes responsibility for own and supports team-members'' work life balance
    • Supports commercial team-members'' personal development (e.g. EMP)
    • Cooperates closely with commercial line managers and experts

    Manage customer requirements

    • Is empowered with adequate authorization and target agreement to manage the project as commercial responsible
    • Manages customer expectations together with PM - identifies/creates opportunities out of the ongoing project
    • Actively builds relationships to customer''s senior commercial management
    • Regularly performs lessons learned activities on commercial aspects and feeds results into own project lessons learned activities and into own organization
    • Supports the PM that at an early stage the customer, management and project team are informed of deviations from the project plan

    Manage stakeholders

    • Ensures proper execution of all tasks with all relevant stakeholders, i.e. Treasury (e.g. financing, insurance, guarantees, currency commodity hedging), Finance (e.g. AC, Taxes, Treasury, Audit),GRC, Legal and HR
    • Interacts with all relevant stakeholders in order to ensure the execution of all issues with regard to project financing,
    Skills and Experience:

    Qualification Essential Competency:

    • Matric Certificate
    • Bachelorâ??s degree from an accredited institution in Accounting / Economics / Commerce
    • Honours degree in accounting / finance

    Experience required:

    • Function related experience: > 5 years Commercial project management experience, experience in NEC/FIDIC and contract management
    • Leading teams: < 2 > years
    • Project experience: > 5 years
    • Other experience:  2-3 years as an accounting/controller / knowledge of GAAP and IFRS requirements in project revenue accounting.
    Other:

    Travel:

    • Traveling be required (own means of travel required)


     

    NB! This job is now closed. You can apply for other jobs by uploading your CV.



     

 

 

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