Commercial Manager

About the Role

Jones Lang LaSalle IP, Inc is seeking an experienced Commercial Manager to join its FIDIC Engineer and Project Management Consultancy (PMC) team. This full-time position is based in Riyadh and Ad Dir'iyah, focusing on the Diriyah Square development. The role requires a seasoned professional with extensive experience in large-scale construction projects operating under FIDIC contract conditions, with specific responsibility for commercial oversight, cost management, and coordination with the project's cost consultant.

Key Responsibilities

• Provide comprehensive commercial management services as part of the FIDIC Engineer and PMC team for the Diriyah Square development.
• Administer FIDIC contract conditions, ensuring compliance with contractual obligations and procedures.
• Review, evaluate, and make recommendations on contractor payment applications, variations, claims, and extensions of time.
• Manage the commercial aspects of multiple work packages and contracts simultaneously.
• Prepare and present commercial reports to senior management and clients.
• Identify commercial risks and opportunities, implementing mitigation strategies.
• Provide direct oversight and management of the appointed cost consultant.
• Review and validate cost consultant deliverables, including valuations, cost reports, and change order assessments.
• Ensure cost consultant performance meets project requirements and quality standards.
• Coordinate cost management activities between the cost consultant, contractors, and client.
• Challenge and verify cost consultant recommendations and cost forecasts.
• Lead the administration of FIDIC-based contracts, including Red Book, Yellow Book, or Silver Book conditions.
• Issue Engineer's instructions, determinations, and certificates in accordance with FIDIC procedures.
• Evaluate and negotiate contractor claims for additional time and money.
• Manage variation order processes from inception through approval and implementation.
• Maintain comprehensive contract documentation and records.
• Monitor project budgets and financial performance against approved baselines.
• Prepare cash flow forecasts and expenditure projections.
• Review and approve interim payment certificates.
• Manage final account processes and close-out procedures.
• Ensure accurate and timely financial reporting.
• Act as a key commercial interface between the client, contractors, consultants, and PMC team.
• Facilitate commercial meetings and dispute resolution discussions.
• Provide commercial advice and support to the Engineer and PMC leadership.
• Build and maintain strong working relationships with all project stakeholders.

Qualifications and Experience

• Minimum of 12-15 years of commercial management experience in construction and infrastructure projects.
• Substantial experience working under FIDIC contract conditions as part of an Engineer or PMC team.
• Proven track record managing commercial aspects of mega-projects (US$500M+).
• Experience in the Middle East/GCC region, preferably Saudi Arabia.
• Demonstrated experience providing oversight of cost consultants or quantity surveying teams.
• Experience in mixed-use, hospitality, or master-planned community developments is preferred.

Work Environment and Conditions

This is a long-term assignment, with a minimum duration of 2-3 years. The position is full-time and requires site presence, with occasional extended hours. Some regional travel may be required.