Senior Commercial Manager📣 Job Ad

About the Role

Parsons Corporation is seeking a Senior Commercial Manager to join our team in Riyadh, Saudi Arabia. This role is central to managing all contract activities for a major project. The Senior Commercial Manager will serve as the primary interface with the client's Commercial Team and the Contractor, providing expert advice, presenting findings, and reporting on the program's commercial and contractual health to ensure alignment with client objectives and project success.

Key Responsibilities

• Lead the overall commercial and contracts strategy for the project, ensuring alignment with client objectives, budget, and procurement strategy.
• Evaluate, interpret, and advise on all commercial aspects of design-build contracts.
• Establish, implement, and maintain robust commercial management procedures, controls, and reporting frameworks for the project.
• Advise the Client's senior leadership on commercial risks, opportunities, and strategic options across the entire project lifecycle.
• Make informed recommendations to the client for revised procurement strategies and contract phasing to effectively mitigate commercial risks.
• Provide commercial leadership and direction to the Project Management Consultancy (PMC) team, including Quantity Surveyors (QSs) and cost managers, and coordinate closely with design, construction, and project controls functions.
• Ensure all commercial practices strictly comply with the Client's policies, applicable laws, and contractual obligations.
• Take overall responsibility for the project's commercial and cost control frameworks, encompassing budgets, forecasts, and comprehensive cost reporting.
• Develop and implement a change control procedure that is fully aligned with the contract's intent.
• Validate and maintain the project budget, including all components such as construction, design, supervision, utilities, land, risk allowances, and contingency.
• Oversee the preparation and validation of cost estimates at all project stages and for all change events.
• Conduct peer reviews, analyze, and evaluate existing client contract documents and strategies.
• Monitor actual and committed costs against budgets and forecasts, highlighting any variances and recommending mitigation actions to the Client.
• Implement robust cost management systems to ensure accurate and timely capture and reporting of cost data.
• Proactively manage commercial risks through contractual mechanisms, early warnings, and effective negotiation.
• Ensure proper management of notices, records, and time bars in strict accordance with the contract conditions.
• Lead commercial negotiations for variations, claims, and disputes, and support the Client in mediation, adjudication, arbitration, or litigation as required.
• Prepare contract variations on behalf of Parsons International Limited to address changes in the level of effort.
• Determine, quantify, and assess the merit of all contract variations submitted by the contractor, making recommendations to the Executive Steering Committee.
• Ensure the contract variation and change control process is consistently maintained.
• Provide strategic advice to the Client on settlement options and dispute-avoidance strategies.
• Establish and implement a formal change management process across all contracts.
• Ensure all potential changes are identified early, assessed for cost and time impact, and properly documented.
• Oversee the preparation and negotiation of variation orders, contract amendments, and associated commercial documentation.
• Ensure changes are aligned with the Client's approval levels and authority matrix and are accurately reflected in updated budgets and cash-flow forecasts.
• Maintain a consolidated log of all changes, variations, and their financial/time impacts.
• Ensure consistent and compliant administration of all contracts throughout the project lifecycle.
• Oversee the review and certification of interim payment applications from contractors and consultants, ensuring compliance with contract terms, measurements, and progress.
• Ensure the proper application of contractual provisions relating to securities, bonds, guarantees, insurances, warranties, and retention.
• Monitor contractor performance against contractual obligations, including key commercial milestones and deliverables, and issue commercial notices as required.
• Assist with arbitration proceedings and requirements.
• Ensure all commercial and contractual records are accurately maintained, including correspondence, meeting minutes, change registers, and claim files.

Qualifications and Requirements

• Bachelor of Science degree in Quantity Surveying/Commercial Management, construction management, engineering, architecture, or an equivalent qualification from an accredited, internationally recognized university.
• A minimum of seventeen (17) years of experience in dealing with mega projects, with at least ten (10) years specifically in the commercial management of similar infrastructure projects.
• Demonstrated experience in budgeting and cost planning for major projects, with a particular emphasis on utilizing computer programs for the planning and tracking of similar projects.
• Experience in preparing Bills of Quantities (BOQ) cost estimates and managing claims is required.
• Familiarity with local regulations, industry standards, and best practices within Saudi Arabia.

Required Skills

• Commercial Management
• Contract Management
• Cost Control
• Budgeting
• Cost Planning
• Bills of Quantities (BOQ)
• Claims Management
• Computer Literacy
• Excellent Communication Skills
• Proficiency in Project Management Software
• Proficiency in Financial Tools
• Strategic Thinking
• Leadership and Team Management Expertise
• Attention to Detail and Accuracy in Financial Reporting
• Ability to Work Under Pressure
• Ability to Manage Multiple Priorities Effectively

Additional Information

The role is full-time and located in Riyadh, Saudi Arabia. Chartered status (QS) by a recognized international body such as the Chartered Institute of Building (CIOB) or the Royal Institution of Chartered Surveyors (RICS) is preferred. Professional certification (MRICS) is also preferred. Experience in Project Management Consultancy (PMCM) projects is highly desirable. Exceptional communication skills in English are required.