Commercial Director

About Omega Talent

Omega Talent is supporting a prominent contractor in the search for a Commercial Director. This role is crucial for overseeing contracts and commercial management across a diverse portfolio of major building projects.

Role Overview

Reporting directly to the CEO, the Commercial Director will serve as a vital link between project commercial teams and executive leadership. The position involves providing clear oversight of contractual matters, cost performance, payment applications, and commercial risks. This full-time role is based in Riyadh, Saudi Arabia, and requires a hands-on commercial leader with extensive main contracting experience in the buildings sector.

Key Responsibilities

• Lead the commercial and contractual management of major building projects, ensuring consistent oversight across the portfolio.
• Act as the primary liaison between project commercial teams and the CEO, presenting clear reports on costs, payments, contractual exposure, and required decisions.
• Oversee contract administration, ensuring compliance with contractual obligations, notices, submission requirements, and key deadlines.
• Review and challenge project budgets, cost reports, forecasts, and cost-to-complete assessments, identifying overruns and driving corrective actions.
• Oversee the preparation, substantiation, and timely submission of interim payment applications (IPAs), monitoring certification, payment, and outstanding amounts.
• Review project cash flow forecasts and collaborate with project teams to address delayed certifications, overdue payments, and retention recovery.
• Provide direction on variations, claims, and extensions of time, ensuring contractual entitlement is supported by appropriate records and submissions.
• Lead negotiations with clients, consultants, and subcontractors on contractual matters, valuations, variations, and final accounts.
• Oversee subcontract commercial management, including payment assessments, variations, claims, and final account settlements.
• Conduct regular commercial reviews with project directors and commercial managers, challenging reported positions and ensuring agreed actions are completed.
• Identify and escalate contractual and commercial risks to the CEO, providing clear recommendations and mitigation plans.
• Lead and develop project commercial teams, strengthening accountability, reporting accuracy, and commercial discipline.

Required Qualifications and Experience

• A minimum of 10 years of experience in a commercial leadership role within main contracting, specifically in the buildings sector.
• Demonstrated ability to challenge project reporting, resolve complex contractual issues, and provide accurate commercial insights to executive leadership.
• Strong understanding of contract administration, cost control, payment processes, and risk management in major construction projects.

Application Process

Candidates who meet the above qualifications are encouraged to apply. The salary for this position will be disclosed during the interview process.