Commercial Manager - Tivat Bay, MNE (on hold) Print


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Commercial Manager

On behalf of our client, an international property development and investment company, we are looking for a highly experienced Commercial Manager to take an active role in a large-scale luxury hotel and residential development on the coast of Montenegro.

You will be expected to:

Work as a client representative in close cooperation with the Project Director, liaising with project, procurement and finance departments as well as external consultants and partners;

Take key role in the preparation, monitoring and updating existing construction budgets as new information is received and the project progresses;

Monthly Valuations of Contractors and Sub Contractors Works and Certification of Payments in accordance with Contract Requirements;

Monitor contractors and sub-contractors accounts highlighting and reporting as required all variations, check and negotiate any proposed variations prior to approval;

Monitor consultants accounts highlighting and reporting as required all changes of scope of works;

Prepare and issue of tender documentation in cooperation with the Procurement Manager;

Draft, negotiate and administer contracts and agreements with the third parties involved in the project development ensuring minimum risk exposure;

Create and monitor additional projects, including benchmarking if required, monitoring and reporting on such budgets as required;

Prepare monthly cost reports including all relevant commercial aspects;

Prepare and monitor cash-flow forecasts;

Check and certify of contractors and consultants Invoices;

Advise the management on the procurement strategy;

Closely cooperate with the construction department, cost consultants, project managers and the project CEO.

In order to succeed, you fulfill the following criteria:

Relevant qualification from a recognised University or College;

Minimum 5 years of relevant experience;

Extensive experienced in international projects as a Commercial Manager / Senior Quantity Surveyor / Senior Cost Manager;

Prior experience as a client representative or close work with a developer is a big plus.

Experience in various procurement routes (traditional, design & build, turn-key, construction management etc.);

Experience of Working with FIDIC Contracts;

Persistent personality able to quickly gather information from various sources;

Motivated team player always prepared to take individual responsibility and drive projects and changes;

Efficient and prepared to work in a demanding and dynamic environment;

Excellent verbal and written communication skills in English, knowledge of Serbian is plus but not required;

Innovative, able to identify unique solutions for simple as well as complicated situations and conditions;

Creative problem solving skills, positive approach to situations.

Strong market awareness, attention to detail and problem-solving are necessary attributes;

Solid communicator able to keep key stakeholders informed with appropriate levels of detail in a timely manner.

If you meet the requirements mentioned above and you are not afraid of challenges, we will be pleased to talk to you.

Please send us your updated CV with contact details to: This e-mail address is being protected from spambots. You need JavaScript enabled to view it . For more information visit

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