Commercial Project Coordinator

2 weeks ago

Singapore beBeecommercial Full time

Job Title: Commercial Project Coordinator ">

This role is suited to a diligent and meticulous professional who wants to join a dynamic business and help manage all commercial aspects of a project, from inception to finalization.

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A Commercial Project Coordinator supports the Senior Manager in overseeing all commercial matters for a given project. They will work closely with the project delivery team to ensure the project's success.

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Key Responsibilities

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  • Assists in preparing key commercial control documents such as procurement schedules, cash flow forecasts, and margin improvement strategies to ensure the project is well-planned.
  • Sends enquiries to the market for assigned packages and negotiates terms.
  • Makes the team and client aware of long lead items and obtains approval for ordering materials by air freight.
  • Analyses subcontractor and supplier tender returns and flags any risks or discrepancies.
  • Prepares and compares material quantity take-offs and bills of quantities according to specifications and drawings submitted by the client.
  • Works closely with the estimating team as required.
  • Gains understanding of commercial strategy for the project, set by the Director.
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Post-Contract Responsibilities

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  • Procures assigned packages on the project in line with the procurement schedule and budget.
  • Evaluates quotations and meets with sub-contractors to ensure no scope gaps and costs fit within the budget.
  • Monitors project cash flow against the forecast to ensure the project remains cash-positive.
  • Owns and administers works packages delegated by the project manager to final account.
  • Assists in change management, including valuation of variations, requesting proposals, issuing notices, and managing timelines.
  • Supports the commercial lead in preparing commercial monthly reporting both internally and to the client.
  • Looks for opportunities to improve margin and suggests techniques to the project lead.
  • Assists in administering the Main Contract and ensuring contract terms are understood.
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Completion & Post Completion

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  • Assists in agreeing the final account with clients and trade contractors within stipulated benchmarks and timelines.
  • Ensures the project is closed out, applying for certificate of release of retention, upon making good defects by the Construction Department.
  • Monitors retention releases for trade contractors.
  • Attends project post-mortems and additional works required by the client after completion.
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