Assistant Manager - Commercial | Asset Development | Real Estate

Job Requisition ID: 173163 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the role:

Delivery of cost management services, including estimating, measurement, and variation evaluation, as well as the selection and appointment of consultants and contractors, payment processing, and administration of agreements and contracts within approved financial limits.

What you will do:

Technical

• Analyse design, Prepare cost estimates and different stages of design, eg: Pre Concept, Concept, etc.
• Assist in preparation the Bill of Quantities.
• Supporting, as directed, line manager in provision of Quantity Surveying / Commercial Management Services for a portfolio of works or single large project.
• Advising AFGRE team and clients on procurement of projects and consultancy services to meet time, quality and cost requirements of the development plan.
• Providing commercial advice to AFGRE team and clients to ensure in all respects that risk is minimized, best value is achieved and to maximize the return in investment on projects developed.
• Assisting in the preparation of project development feasibility studies and presentations prepared by the AFGRE team including collation and interpretation of cost data and benchmarking.
• Report on project costs, budgets and risks/opportunities.
• Providing pre and post contract Quantity Surveying Services for the portfolio or projects including, without limitation, cost estimating, monthly accounts, review of cost and budget forecasts, value engineering, quantum analysis of claims and variation submissions, and final account settlement.
• Monitoring and ensuring project insurance policies are maintained in relation to project construction works (Professional Indemnity, Contractors All Risk, Third Party, Other contract insurance requirements).
• Assisting in performing the prequalification of Contractors and Consultants.
• Assisting in preparing Requests for proposal and performing negotiating agreements for contractors and consultants.
• Preparing tender evaluation reports and advising on selection of tenderers.
• Supporting, as directed in post Contract administration services for Consultancy and Contractor agreements.
• Prepare payment certificates for Consultants, Contractor, Suppliers.

People

• Attend project meetings and monitor progress of assigned projects to capture QS and commercial issues.
• Ensure awareness of the Project Management Team of all pertinent QS and commercial issues by constant communication and coordination with the Project Team.

Process

• Use standard form contracts, in review with Group legal, in production of consultant and contractor agreements, agreements of purchase, etc.
• Comply with and using AFGRE forms and processes to ensure internal approvals are obtained in accordance with group policies and the Delegation of Authority.

Customer

• Provide the complete service interface between customers and Commercial & Procurement department and the contractors / suppliers by ensuring service requirements are met in accordance with budget and programme

Required Skills to be successful:

• 4–7 years of experience in quantity surveying and commercial management within the construction industry.
• Strong experience across major projects, including infrastructure, retail, residential, commercial, high-rise, and hospitality developments.
• Proven involvement in all commercial aspects of large-scale projects from inception to completion.
• Solid knowledge of construction processes, cost estimating, measurement, variation evaluation, and contract administration.
• Strong understanding of FIDIC and other standard forms of construction contracts.
• Experience working on the client, contractor, or consultancy side (quantity surveying practice preferred).
• Proficiency in MS Office (Excel, Word, PowerPoint) and AutoCAD; familiarity with measurement software and BIM tools (e.g., Revit) is an advantage.
• Excellent communication skills with fluency in English.
• Strong knowledge of the Egyptian construction market and local practices.
• Ability to manage multiple priorities, work under pressure, and deliver within deadlines

What equips you for the role:

•  Bachelor’s degree in Construction Engineering, Quantity Surveying, or a related field.
• Professional certifications such as MRICS or MCIOB are preferred.
• Strong technical foundation in cost management, contract administration, and commercial processes.
• Proven ability to lead, coach, and develop teams while fostering collaboration and performance.
• Strong negotiation, stakeholder management, and interpersonal skills.
• Demonstrated ability to apply industry best practices and ensure compliance with project and contractual standards.

About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years. 
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.