Commercial/Finance Manager
2 days ago
1. Role Purpose
The Commercial/Finance Manager is responsible for safeguarding ACIFM's financial integrity, commercial performance, and contractual compliance across the Doha Metro & Lusail Tram Facilities Management contract. The role provides strong commercial leadership, ensures accurate financial reporting, drives revenue assurance, and protects ACIFM's contractual rights and entitlements under the O&M Subcontract with RKH Qitarat and Qatar Rail's governance framework.
This position plays a critical part in cost control, cashflow optimization, change management, Work Order billing accuracy, KPI/KPR financial protection, and vendor/subcontractor commercial oversight ensuring ACIFM's long-term sustainability and profitability.
2. Key Responsibilities
A. Commercial Governance & Contract Compliance
- Ensure full compliance with the ACIFM Subcontract, including commercial terms, payment timelines, change mechanisms, and scope management.
- Lead the management of commercial correspondence, notices, claims, variations, and contractual obligations.
- Track KPI/KPR performance and ensure protection from unwarranted deductions.
- Maintain commercial risk registers and ensure alignment with Qatar Rail and RKH contractual governance.
B. Financial Management & Reporting
- Lead financial planning, budgeting, forecasting, and monthly reporting cycles.
- Prepare detailed profit & loss analysis, cost centre reviews, and variance reports for senior leadership.
- Manage cashflow forecasting and ensure timely revenue collection from RKH.
- Oversee financial modelling for contract changes, claims, and operational impacts.
- Ensure compliance with ACIFM financial policies, accounting standards, and statutory obligations.
C. Revenue Assurance & Billing
- Lead all billing cycles related to:
- Monthly lump sum payments
- Change requests
- Corrective & reactive Work Orders
- Fault attribution and re-billables
- Drive Work Order financial governance in alignment with Maximo and the ACIFM Centre of Excellence for WO Management.
- Implement controls to prevent revenue leakage and ensure audit-ready records.
D. Subcontractor & Procurement Oversight
- Oversee commercial management of subcontractors and suppliers, including contract negotiation, renewals, and performance reviews.
- Ensure service orders, variations, and payments are aligned with contractual obligations and budgets.
- Drive cost optimisation through strategic procurement and vendor rationalisation.
E. Internal Leadership & Collaboration
- Act as the commercial advisor to the General Manager and Board.
- Work closely with Operations, Maintenance Delivery, Work Order CoE, Soft Services, HSE, and HR teams to ensure integrated commercial decision-making.
- Support assurance audits (internal, RKH, Qatar Rail) and represent ACIFM in commercial reviews and negotiations.
F. Risk, Compliance & Assurance
- Maintain robust commercial risk registers and financial controls.
- Support ISO 55001, ISO 9001, ISO 14001, ISO 45001, and ISO 27001 compliance within the commercial and financial domain.
- Lead investigations into commercial discrepancies, audit findings, and cost deviations, ensuring timely resolution.
3. Qualifications & Experience
- Bachelor's degree in finance, Accounting, Quantity Surveying, Business, or related field.
- Professional certifications preferred:
ACCA/CIMA/CPA/RICS/MRICS
. - Minimum
8–12 years
of experience in commercial or financial management, ideally within Facilities Management, Rail, Infrastructure, or large O&M contracts. - Strong understanding of Middle East contract law, Qatar labour/contracting standards, and FM contractual frameworks.
- Experience with Maximo, SAP, Primavera, or other CAFM/ERP systems is advantageous.
- Proven ability to interpret complex contracts and manage high-value claims, variations, and commercial disputes.
4. Competencies & Skills
- Strong contractual and financial acumen.
- Exceptional negotiation and stakeholder management skills.
- Advanced analytical and modelling capability.
- High level of integrity, confidentiality, and ethical conduct.
- Ability to lead under pressure and manage multiple competing priorities.
- Clear, concise, and professional communication written and verbal.
- Proactive problem-solver with strong attention to detail.
5. Key Performance Indicators (KPIs)
- Accuracy and timeliness of billing and revenue collection.
- Reduction in commercial risks and exposure.
- Successful defence of deductions and claims.
- Cashflow stability and forecast accuracy.
- Subcontractor commercial performance and cost efficiency.
- Quality and integrity of financial reporting.
- Full compliance with contractual notice requirements and payment terms.
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