
Business Development Specialist
3 days ago
Key Responsibilities:
The Senior Commercial Specialist will be responsible for:
- Negotiating contracts with clients, suppliers, and subcontractors to achieve favorable terms and comply with company standards.
- Leading the preparation and submission of bids, tenders, and proposals, ensuring effective coordination with the engineering team.
- Conducting cost estimation, price analysis, and evaluating RFQs to ensure competitive pricing and profitability.
- Managing commercial activities during contract execution, including VO negotiation, delivery, payment collection, and more.
- Evaluating and mitigating credit risks by providing insights on payment terms, guarantees, and client financial stability.
- Promoting and developing new businesses through PQ applications.
- Preparing detailed reports on commercial activities, bidding outcomes, and contract performance for internal stakeholders.
- Making forecasts for order taking, revenue, and cash flow.
- Building and maintaining strong customer relationships as the primary point of contact for key clients.
- Cross-functional collaboration with finance, procurement, and engineering teams to ensure smooth project execution.
- Staying updated on market trends, competitor activities, and industry best practices to support business development.
- Assisting project managers in resolving contractual issues related to site acquisition.
- Developing comprehensive reports and updates for the HOD (Commercial) to inform decision-making.
- Carrying out other tasks assigned by management.
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