Project Commercial Officer

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Job Description:

You as a Project Commercial Officer will be part of Hitachi Energy business based in Lahore, Pakistan. Establishing and maintaining strong relationships with internal and external project stakeholders and Leading communication with all stakeholders’ consultants, customers, contractors, vendors, consortium partners.

Your responsibilities          

• Monitoring, controlling and updating of project costs, risks, billings, invoicing, accruals, provisions, hedging, bank guarantees, insurance, taxation, project reports, revenues, cash flow management.
• Sound understanding of project and contract documentation (Contract, Subcontracts, Consortium Agreement, Cost sheets, SLAs).
• Identifying and managing project commercial and contractual matters (terms & conditions, margin, schedule, scope, risks and opportunities, customs)
• Regular follow-ups and day to day coordination with Internal and External stakeholders for overall cost management and commercial tasks, progress tracking, invoicing, payments, generating forecasts, taxes, custom duties and reimbursements etc. and capable to negotiate & manage suppliers, including issuance of PO and arrange deliveries to sites.
• Managing Shipments from OEM factories or custom clearance coordination or Local Logistics or storage or inventory management or Inspections and book-keeping, coordination with internal & external accounting experts and companies, tax consultants, treasury and legal teams
• Engaging Tax, Trade, Commercial and Legal teams as necessary and driving project execution and closeout from commercial perspective and coordinate with technical team to complete all contractual milestones
• Cost claims preparation in coordination with PM team and remaining accountable for project financials and overall results.
• Tracking and reporting on project milestones to project sponsors, steering committee’s (eg monthly project review meeting with management, preparation of progress report, update/report in company’s ERP and online PM tool)
• Determining how results will be measured and complete a post-project evaluation to determine well the results were achieved, ensuring compliance with Quality policies and procedures, ethics and security requirements and designated systems comply with appropriate Legal and Fiduciary policies and practices
• Analyzing, evaluating & managing commercial risks ensuring optimal commercial outcomes for the projects
• Capable to manage branch office related aspects and coordination with internal stakeholders and external partners or agencies including relevant Governmental departments.
• Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your background            

• A bachelor’s or master’s degree in accounting or finance or business administration is required.
• Minimum 8 to 10 years of experience in Energy or Power sector preferably in execution of large projects or EPC with well recognized contracting companies.
• Highly competent with SAP and MS office applications specially MS Excel and adaptable with multicultural working environment with local as well as multinational structure.
• Able to effectively prioritize and execute tasks in a high-pressure environment is crucial and to elicit cooperation from a wide variety of sources, including upper management, clients and other departments.
• Strong organizational and administrative skills and interpersonal skills.
• Proficiency in both spoken & written English language is required.