Commercial Manager

About the Role

Jacobs Engineering Group Inc. is seeking a Commercial Manager to oversee the commercial performance of major projects. This full-time role is based in Riyadh, Saudi Arabia, and involves ensuring effective cost management, contract administration, procurement support, and financial governance throughout the project lifecycle. The Commercial Manager will play a critical part in safeguarding project value, managing commercial risks, and supporting successful project delivery against budget and business objectives across all SA Regions.

Role Overview

The Commercial Manager will work closely with project delivery, procurement, finance, and external stakeholders. This position leads commercial strategies, provides financial insight and reporting, manages contractual matters, and drives best practice in cost control and commercial management. The role requires a proactive leader capable of balancing commercial objectives with project delivery requirements within a complex project environment.

Key Responsibilities

• Administer consultant and contractor contracts in accordance with contractual requirements, company procedures, and delegated authorities.
• Manage the end-to-end change management process, including receipt, evaluation, negotiation, recommendation, and implementation of variations, compensation events, amendments, and change requests.
• Maintain and update project change logs, commitment registers, and commercial trackers, ensuring all records are accurate, current, and auditable.
• Prepare monthly cost reports, budget updates, and commercial dashboards, highlighting key cost movements, risks, opportunities, and forecast variances.
• Develop and maintain project cashflow forecasts, monitoring actual expenditure against forecast and providing timely updates to support business planning requirements.
• Review, validate, and process consultant and contractor payment applications, invoices, and milestone payments in accordance with contract terms and company procedures.
• Verify project commitments and expenditure against approved budgets and funding allocations, identifying potential overruns and escalating issues where required.
• Support procurement activities including preparation of tender commercial documentation, bid evaluations, clarification responses, and contract award recommendations.
• Review commercial submissions, fee proposals, and claims for accuracy, contractual compliance, and value for money, providing recommendations to the Senior Manager - Commercial.
• Assist in the preparation, assessment, and negotiation of contractor and consultant claims, ensuring contractual entitlements are properly evaluated and documented.
• Monitor commercial risk and contractual exposure across allocated projects, maintaining risk registers and supporting mitigation actions.
• Prepare commercial correspondence, notices, recommendations, and supporting documentation required under the contract.
• Liaise with Project Controls, Finance, Procurement, Legal, and Project Delivery teams to ensure alignment of cost, schedule, and contractual information.

Qualifications and Requirements

• Bachelor's degree in Quantity Surveying, Commercial Management, Construction Management, Finance, Engineering, or a related discipline.
• Significant experience in commercial management, contract administration, and cost control within major construction, infrastructure, or development projects.
• Strong knowledge of procurement processes, contract forms, commercial governance, and financial management principles.
• Proven experience managing budgets, forecasts, claims, variations, and complex contractual matters.
• Excellent stakeholder management, negotiation, communication, and leadership skills.

Benefits

• Inclusive employee networks and positive mental health champions.
• Global connectivity and diverse perspectives.
• Safety and flexibility as top priorities.
• Flexible working arrangements.
• Opportunities to participate in global giving and volunteering programs.