About Dubai Holding Asset Management:

Dubai Holding Asset Management (DHAM) owns and operates an extensive portfolio of 20 landmark retail destinations and 15 residential communities. The Group plays a focal role in shaping Dubai's position as a global leader in business, tourism and leisure, contributing to its position as one of the world's most coveted and sought-after liveable destinations.

From hot-spot retail destinations like Bluewaters, JBR, Souk Madinat Jumeirah, Al Khawaneej Walk and The Outlet Village to popular attractions, including the Theatre of Digital Art, Madame Tussauds, Tr88house, Museum of Illusions, Dubai Holding Asset Management’s retail destinations captivate millions of visitors and tourists every year. Meanwhile, the niche and vibrant community centres as Bay Avenue, Mudon Community Centre, and Serena Marketplace play a vast role in enhancing the overall quality of life in residential communities, making neighbourhoods more vibrant and connected. In 2022, Dubai Holding Asset Management’s retail destinations collectively attracted over 28 million visitors and hosted over 75 events across the portfolio.

Dubai Asset Management maintains a substantial presence in Dubai with a leasing portfolio of 15 distinct residential communities, elevating the city’s global recognition as one of the most desirable and liveable destinations worldwide.

About the Job:

An opportunity has arisen for a Assistant Manager – Contracts & Control to Join Dubai Holding Asset Management. The main duties and responsibilities of this role:

Participate and formulate the Department strategies in line with the vision and mission of the company and ensure implementation of key strategic elements.
Participate and contribute to setting Departmental objectives / KPI and ensure timely execution as per set plans.
Lead and develop the preparation of 5 year business plan -cash flow for DHAM developments on a quarterly basis in coordination with the relevant departments.
Lead all pre & post contract administration procedures, including but not limited to, preparation of tender documents, conducting meetings and negotiations with key partners (Pre & Post contract), dispute resolution, variations, contract addendums/renewals, consultancy agreement, projects cash flow, payment certification and handling construction claims and ensure all activities adhere to the set quality standards and practices
Develop the commercial strategy of contracts for multiple projects, working closely with Development & Technical Services team to drive performance and minimize risk to the business
Lead and provide direction and impetus to cost saving initiatives of the Company to ensure the expenditures do not exceed the budgets, monitor the expense plans, major expenditure proposals and track variances
Track and monitor variances in contract performance and recommend corrective action to minimize such variations. Manage disputes by avoidance, settlements, negotiation, arbitration etc, through effective coordination with legal teams
Act as function expert for all high value contracts entered into by the company by providing specialist advice and guidance on different contracting strategies and contractual obligations, with the objective of preventing any loss to the company and protecting the company from exposure to financial and operational risks.
Ensure full implementation of the Delegation of Authority Matrix elements related to the department & organization.
Oversee all aspects of service agreements with external/outsourced vendors including contract development, staff augmentation, performance and SLA management and maintenance. Including leading external vendors in pursuit of delivering on project objectives.
Oversee the tendering process and negotiate with consultant / contractors to obtain optimal value and continuously interact with team and provide expert contractual/commercial advice for resolving any disputes that may arise, to the best advantage of the company, in order to achieve an amicable solution and settlement
Direct , Develop and recommend policies and procedures for creating a robust pre-qualification checklist for existing and future Vendor/Consultant /Contracts so as to ensure the selection of only reliable Consultant/contractors who are cost-effective and are always available to meet the requirements

About you:

The ideal candidate for this position will have the following experience and qualifications:

Bachelor Degree in Quantity Survey/Civil Engineering or equivalent
Min 6 to 8 years of experience in Quantity Surveying and Contract Managements
Experience in managing contracts from project initiation to close out phases on large (AED200m+ projects) infrastructure/building projects
Acquisition and contract management
Procurement management
Negotiation and Persuasion

About the Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai

Dubai Holding Asset Management jobs

Assistant Manager - Contracts and Control