Commercial Manager📣 Job Ad

About the Role

Parsons Corporation is seeking a Commercial Manager to join its team in Riyadh. This full-time position involves leading and managing the project's commercial function across a major airport infrastructure project. The successful candidate will be responsible for contract administration, cost control, variations, commercial claims, and comprehensive reporting, bringing over 10 years of relevant experience to the role.

Key Responsibilities

• Lead and manage the project commercial function and its dedicated team.
• Develop and implement the Project Commercial Management strategy and procedures.
• Manage the commercial performance of the project against approved budgets, forecasts, and contractual requirements.
• Monitor contractual compliance and ensure commercial obligations are identified and managed effectively.
• Establish and maintain effective commercial controls, processes, and reporting systems.
• Lead the preparation, review, and management of project budgets, forecasts, and commercial reports.
• Lead negotiations with Client, Consultant, Contractors, Subcontractors, and Suppliers on commercial matters.
• Provide commercial advice and recommendations to Project Management and senior leadership.

Contract and Claims Management

• Review and interpret contract conditions, scope requirements, commercial obligations, and entitlement provisions.
• Manage the commercial aspects of variations, change orders, claims, and additional works.
• Review and assess entitlement, scope changes, valuation principles, and associated cost impacts.
• Review and evaluate Contractor and Subcontractor claims and commercial submissions.
• Coordinate with Planning and Project Controls teams to assess time and cost impacts associated with changes and claims.
• Ensure appropriate contractual notices are issued within required contractual timeframes.
• Establish and maintain Variation and Claims Registers, along with other commercial records and documentation.
• Support the preparation of Extension of Time (EOT) claims and associated commercial assessments.
• Identify potential disputes and support dispute avoidance and resolution strategies.

Financial Oversight and Reporting

• Monitor project cost performance and identify potential cost overruns, savings, and commercial risks.
• Review and approve commercial evaluations, cost build-ups, and supporting documentation.
• Monitor cash flow, payment applications, invoicing, retention, bonds, and guarantees.
• Review and manage interim payment applications and payment certifications.
• Ensure accurate forecasting of project revenue, costs, margin, and cash flow, coordinating with Finance and Project Controls.
• Prepare and present commercial performance reports, dashboards, and management summaries.
• Provide early warning of significant commercial risks and potential impacts on project profitability.

Project Specifics: Airport Infrastructure

• Manage commercial matters associated with airport terminals, airfield infrastructure, runways, taxiways, aprons, roads, utilities, district cooling, and associated infrastructure packages.
• Assess commercial impacts associated with complex airport interfaces, operational constraints, phased construction, and restricted work areas.
• Manage commercial interfaces between major engineering, construction, MEP, infrastructure, and specialist aviation packages.
• Support commercial management of specialist subcontractors and suppliers associated with airport systems and infrastructure.
• Monitor commercial risks associated with authority requirements, design changes, stakeholder requirements, and interface dependencies.

Qualifications and Experience

• Over 10 years of experience in commercial management.
• Demonstrated experience managing major main contracts and multiple subcontract packages.
• Proven experience working with Clients, Consultants, Contractors, Subcontractors, and Suppliers.
• Experience on major airport or infrastructure projects is highly desirable.
• A professional qualification such as MRICS, RICS, CIQS, or equivalent is preferred.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, offering the opportunity to work on a significant infrastructure development project within a dynamic team environment.

Application Information

Candidates meeting the specified requirements are encouraged to apply.