Director Commercial Residential📣 Job Ad

About Qiddiya Investment Company and the Role

Qiddiya Investment Company (شركة قدية الاستثمارية) is seeking a Director - Commercial - Residential to join its team in Riyadh, Riyadh Province. This full-time position is instrumental in driving the commercial strategy, managing contracts, and overseeing procurement processes for the company's residential development projects. The Director will ensure that residential projects are delivered efficiently, within budget, and aligned with Qiddiya's high standards for quality and innovation.

Role Purpose and Leadership

The Commercial Director will collaborate across departments to achieve project objectives and uphold commercial integrity throughout the project lifecycle. This role involves leading and mentoring the commercial team, fostering a culture of excellence and continuous improvement within the residential division.

Key Responsibilities

• Develop and execute comprehensive commercial strategies for residential development projects.
• Manage contract negotiations, procurement, and commercial risk throughout the project lifecycle.
• Liaise with internal stakeholders, suppliers, and contractors to ensure alignment and successful delivery.
• Monitor project financials, including budgets, forecasts, and value engineering opportunities.
• Ensure compliance with legal, regulatory, and company policies related to commercial activities.
• Lead, motivate, and develop the commercial team to enhance performance and professional growth.
• Report regularly to senior management on commercial performance and key project milestones.
• Identify opportunities to optimize costs and improve operational efficiencies in residential developments.

Qualifications and Experience

• Bachelor’s degree in Quantity Surveying, Construction Management, Business Administration, or a related field. Advanced degrees are preferred.
• Minimum of 15 years’ experience in commercial management within residential construction projects.
• Strong expertise in contract administration, procurement, and risk management.
• Professional certifications such as MRICS or equivalent are highly desirable.

Required Skills and Attributes

• Proven leadership skills with the ability to manage and develop multidisciplinary teams.
• Excellent negotiation, communication, and stakeholder management abilities.
• Familiarity with the local residential real estate market and regulatory environment is advantageous.

Compensation and Benefits

Qiddiya Investment Company offers a comprehensive compensation and benefits package for this role.