Commercial Manager

About the Role

Parsons Corporation is seeking a Commercial Manager to lead the full commercial lifecycle of a large-scale giga project in Riyadh, Saudi Arabia. This full-time role is central to managing commercial strategy, contract oversight, cost control, and risk mitigation, ensuring alignment with client objectives, regulatory frameworks, and Vision 2030 goals for multi-billion-dollar programs.

Key Responsibilities

• Develop and implement the overall commercial strategy for complex giga projects, aligning with project, client, and organizational objectives.
• Lead and mentor commercial teams across various workstreams, including contracts, procurement, quantity surveying, and claims.
• Drive commercial governance, process standardization, and best practices across the project portfolio.
• Oversee end-to-end contract management for consultancy, EPC, design & build, and subcontractor agreements.
• Lead negotiations for high-value contracts, framework agreements, D&B arrangements, and strategic partnerships.
• Manage contractual correspondences, variations, change orders, and claims to protect project and client interests.
• Ensure compliance with FIDIC, bespoke contracts, and local Saudi law/regulatory requirements.
• Establish and manage budgets, cost plans, and forecasts for multi-billion SAR/US$ projects.
• Oversee cost reporting, value engineering initiatives, and whole-life cost assessments.
• Analyze financial risks and opportunities, recommending strategies to improve margins and cost efficiency.
• Support funding, investment, and commercial due diligence processes as required.
• Develop procurement strategies for major packages (civil, MEP, infrastructure, technology, hospitality, etc.).
• Oversee prequalification, tendering, bid evaluation, and award processes to ensure best value and compliance.
• Engage with key contractors, consultants, and suppliers to build strong, performance-driven relationships.
• Support localization objectives and alignment with Saudi Vision 2030, including local content initiatives.
• Identify and manage commercial risks across the portfolio, implementing mitigation plans and contingencies.
• Ensure robust commercial controls, audit trails, and adherence to corporate governance requirements.
• Provide commercial input to project risk registers, change control procedures, and scenario planning.
• Act as a key commercial interface between client, project management offices (PMO), consultants, contractors, and regulators.
• Prepare and present commercial reports, dashboards, and recommendations to senior management and boards.
• Manage complex stakeholder expectations and support conflict resolution on commercial matters.
• Ensure compliance with local laws, regulations, and relevant international standards.
• Support the development and implementation of commercial policies, procedures, and tools.
• Promote ethical commercial practices and transparency across all commercial activities.

Qualifications and Experience

• A minimum of 5-10 years of relevant commercial management experience.
• Demonstrated experience in leading the commercial lifecycle of large-scale projects.
• Proficiency in contract management, cost control, and risk mitigation strategies.
• Familiarity with FIDIC, bespoke contracts, and local Saudi legal/regulatory frameworks.

Work Environment

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia, focusing on a large-scale giga project. The role involves working within a dynamic environment that values people, embraces agility, and fosters growth.

Application Process

Parsons Corporation invites qualified candidates to apply for this Commercial Manager position. Salary details will be discussed during the interview process.