Senior Manager: CRES Commercial Manager at Absa Group Limited (Absa)

Job Summary

• The Commercial Contract Manager is responsible for overseeing the commercial and contractual aspects of Multiple Tier One Integrated Facility Management (IFM) Supplier Agreements, Procurement initiatives, compliance, service level agreements (SLAs) and support in the review of business cases and change notes for variations in the contracted services.

Job Description

Key Responsibilities:

Contract Management

• Draft, review, initiate and negotiate Facilities Management and Engineering related contracts with vendors and service providers in Integrated Facility Management Categories.
• Ensure Commercial Governance, timelines, references to the agreements etc.
• Ensure compliance with contractual obligations, Service level agreements and Key Performance Indicators.
• Liaise with Internal Legal and Procurement subject matter experts on business cases, change notes and Work Authorisations, Form of Order contracts.
• Maintain accurate records of all contracts and amendments.
• Drive continuous improvement in contract and cost management.

Commercial Oversight

• Review of Commercial / Finance Reporting cadence
• Review and approve monthly invoices – GMP, Pass Through Charges, Direct Payment Suppliers
• Communicate the submission of financial and commercial aspects like budget submissions, year-end invoice deadlines, etc.
• Guide and manage the annual GMP Reset
• Review achievement of Financial / Commercial KPI’s
• Interact with Tier One Vendor Finance teams on the requirements for additional reporting and ad hoc numbers for e.g., new building projects.
• Follow-up of open PO’s and conclusion.
• Partake in the development and application of the Direct Supplier payment process for GMP and Capital items.
• Attend Commercial, Project and Governance meetings for governance compliance.
• Monitor and control FM budgets, forecasts, and financial performance.
• Identify cost-saving opportunities without compromising quality.
• Conduct financial analysis and reporting for FM operations.
• Resolve disputes and manage contract variations effectively.
• Assist in reviewing of Costs for FM function, especially Virtual Arts and Money Museum budgets.

Review and Approval of Business Cases and Change Notes

• Coordinate the Business Case process for compliance with the Agreement references and charges
• Assist Integrated Facility Management Operations in the defining of additional services.
• Support with any queries on service standards, GMP principles in applying services to Operations teams in Facility and Engineering Management
• Liaise with CRES Finance to ensure accurate charges for new services.
• Align Change Notes to ensure it complies with the Agreement.
• Interaction with Cres VP’s (FM and Engineering) to ensure new services are correctly defined.
• Interaction with Tier One Finance/ Commercial / Operational Teams to ensure accurate and complete recording of additional services in business cases, etc.
• Manage relationships with external suppliers and internal stakeholders.
• Conduct regular performance reviews of vendors against agreed KPIs.

Tier One Supplier Projects

• Support monthly Capital Investment Program Progress Reporting from Tier One Supplier into CRES Tracking system
• Oversite of monthly Capital Investment Program progress reports
• General support and review of Cost Board Business Cases for compliance to the Agreement
• Support the preparation of and submitting consolidated Capital Investment Program Exco Report for FM, Engineering and Capital Projects
• Review of Project progress approvals vs execution

Other

• Ensure adherence to legal, regulatory, and company standards.
• Mitigate commercial risks through robust contract terms and governance.
• Support audits and compliance checks.
• Proposal of and liaison with Tier One Supplier Commercial team re-additional cost optimizing opportunities e.g. delivery charges
• Guidance re-GMP Principles and applications
• Participating in ad hoc RFP’s when required – Engineering and Facility Management suppliers.
• Compiling annual consolidated Capital Investment Program Budgets from the Tier One Vendor and Capital Projects, and submitting to Finance
• Other Agreements

Utilities and Energy Management

• Validate Contractual Compliance
• Review Savings targets
• Communicate budget / invoice deadlines.
• Review Financial / Commercial Reports
• Review and approve invoices submitted for payment.

NOSA

• Commercial representation in Governance Meetings

Skills & Competencies:

• Strong senior commercial experience and knowledge of integrated facilities management operations and service delivery.
• Extensive expertise in procurement and commercial law, negotiation, and commercial risk management.
• Financial acumen with experience in budgeting and cost control to a P&L level.
• Excellent communication, collaborative and stakeholder management skills.
• Proficiency in Facility Management systems and MS Office tools.

Qualifications:

• Degree/Diploma in Purchasing and Supply Chanin Management or related field.
• Professional certifications (e.g., MRICS, IWFM, or equivalent) preferred.
• Minimum 8+ years of experience in Facility Management  contract/commercial agreement management.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

End Date: March 18, 2026