Senior Specialist Commercial

Abu Dhabi, United Arab Emirates

Job Description

Overview:

The Opportunity
:

Seeking a Senior Commercial Specialist to join our growing Commercial team in Presight.

This role is a vital member of the project organization, responsible for supporting the Bid Manager in commercial aspects of various projects. This role involves analysing financial and contractual information, preparing bid documentation, assisting in contract negotiations, and ensuring compliance with company policies and industry regulations. The Senior Commercial Specialist plays a crucial role in enhancing the organization\'s competitiveness in the bidding process and contributes to the successful execution of projects.

About Presight

Presight, an ADX-listed public company limited by shares whose majority shareholder is Abu Dhabi company G42, is the region\xe2\x80\x99s leading big data analytics company powered by Artificial Intelligence (\xe2\x80\x9cAI\xe2\x80\x9d). It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. With its world-class computer vision, AI and omni-analytics platform as its engine, Presight leverages all-source data to support insight-driven decision making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Responsibilities:
Key Responsibilities:
  • Bid Preparation: Collaborate with the Bid Manager and cross-functional teams to prepare bid proposals, ensuring accuracy, compliance, and alignment with the client\'s requirements and project scope. This includes reviewing financial estimates, cost models, and commercial terms.
  • Contract Review: Review, analyse, and negotiate contractual terms and conditions with clients, subcontractors, and suppliers. Identify potential risks, assess legal implications, and work with legal teams to finalize contract agreements that protect the interests of the organization.
  • Pricing Strategy: Assist in developing pricing strategies that balance competitiveness with profitability, considering market conditions, costs, and potential risks associated with the project.
  • Financial Analysis: Conduct financial analysis of proposed projects, evaluating revenue projections, cost estimates, and potential cost-saving opportunities. Collaborate with the finance team to ensure the accuracy of financial data and forecasting.
  • Compliance: Ensure adherence to company policies, regulatory requirements, and industry standards throughout the bid preparation and project execution phases. Monitor compliance during project implementation and flag any potential issues to relevant stakeholders.
  • Risk Management: Identify commercial and contractual risks associated with project bids and provide recommendations to mitigate these risks effectively.
  • Client Relations: Collaborate with the business development team and bid management to maintain positive client relationships during the bidding process. Respond to client queries regarding commercial aspects and contractual obligations.
  • Document Management: Organize and maintain bid documentation, contract files, and relevant records throughout the project lifecycle.
  • Continuous Improvement: Proactively seek opportunities to improve bid and project processes, streamline workflows, and enhance the organization\'s overall bidding capabilities.
  • Market Research: Stay informed about industry trends, competitor activities, and market dynamics to identify potential business opportunities and improve the organization\'s competitiveness.
Qualifications:
Requirements:
  • Bachelor\'s degree in Business, Finance, Economics, or a related field.
  • Proven experience of at least 8 - 10 years in commercial and contract management, preferably in a project-based environment.
  • Strong understanding of commercial and financial principles, including pricing models and cost analysis.
  • Familiarity with contract terms and conditions, legal aspects, and risk assessment.
  • Excellent negotiation and communication skills, both written and verbal.
  • Analytical mindset with the ability to interpret and utilize data effectively.
  • Detail-oriented with exceptional organizational skills.
  • Proficiency in Microsoft Office applications, particularly Excel and Word.
  • Ability to work collaboratively within cross-functional teams.
  • Adaptability to handle multiple bids and projects simultaneously, meeting deadlines in a fast-paced environment.

Reporting Structure:
The Senior Commercial Specialist reports directly to the Bid Manager and may collaborate with other team members, including project managers, finance personnel, legal counsel, and business development staff.

What we look for:
If you are a performance-driven, inquisitive mind with the agility to adapt to ambiguity, you will fit right in. You should be eager to explore opportunities to build meaningful collaborations with stakeholders and aspire to create unique customer-centric solutions. Bias for action and a passion to conquer new frontiers in the AI space is at the heart of the G42 community.

What working at Presight offers:
Culture: An open, diverse and inclusive environment with a global vision that encourages personal growth and focuses on ground-breaking, industry-first innovations.

Career: Outstanding learning, development & growth opportunities via structured training programs and innovative, high-tech projects.

Rewards: A competitive remuneration package with a host of perks including healthcare, education support, leave benefits and more.

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Job Detail

  • Job Id
    JD1614155
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned