Senior Manager - Commercial Racecourse - SPA 290📣 Job Ad

About the Role

Qiddiya Investment Company is seeking a Senior Manager - Commercial to lead the commercial aspects of the Racecourse project. This role is central to overseeing the procurement and commercial management of approximately SAR 3 billion in Provisional Sum works packages. These packages will be delivered through a Management Contractor under a FIDIC-based contract, forming a key part of Qiddiya's horseracing destination, a significant development within the Qiddiya giga-project.

The successful candidate will manage a dedicated team of Commercial Leads, each assigned to five distinct delivery streams. This team collectively oversees 20-30 packages per stream, totaling up to 75 procurement packages. The role requires comprehensive management of the entire commercial lifecycle, from procurement strategy development to final account settlement. Close collaboration with the Management Contractor, design teams, and internal governance functions is essential to protect Qiddiya's commercial interests.

Key Responsibilities

• Lead and oversee the procurement and commercial management of approximately SAR 3 billion in Provisional Sum works packages, executed via a Management Contractor under a FIDIC-based contract.
• Monitor and manage the Management Contractor's procurement activities, programs, and package awards, ensuring strict adherence to Schedule 28 procurement procedures and all project governance requirements.
• Manage and coordinate a commercial team of approximately 20 individuals, including Commercial Leads and wider commercial staff, providing leadership, direction, and mentorship.
• Collaborate with Design Management teams to ensure the timely release of Information for Tender (IFT) in accordance with approved design release schedules.
• Oversee supply chain engagement processes, including Expressions of Interest (EOIs), Non-Disclosure Agreements (NDAs), Pre-Qualification Questionnaires (PQQs), market sounding, contractor assessments, interviews, and site visits.
• Identify, assess, and prequalify suitable contractors and specialist subcontractors for up to 75 diverse procurement packages.
• Lead detailed commercial tender evaluations, manage tender clarification meetings, and conduct commercial negotiations, reviewing submissions, contractual qualifications, deviations, and commercial risks.
• Prepare comprehensive tender reports, governance papers, and executive presentations for internal approvals.
• Work closely with Package Commercial Managers and the Management Contractor throughout the lifecycle of awarded works packages, providing commercial analysis on variations, valuations, claims, and other contractual matters.
• Monitor commercial performance, identify and mitigate procurement risks, and ensure contractor compliance to protect Qiddiya's commercial interests through to the final account.

Qualifications and Requirements

• Bachelor's degree (Hons) in Quantity Surveying, Commercial Management, or a closely related discipline.
• Minimum of 10 years of progressive commercial and procurement experience on major construction, infrastructure, or giga-projects.
• Significant experience within Management Contracting and FIDIC-based procurement environments.
• Strong experience in procurement governance, tendering processes, subcontractor selection, commercial negotiations, contract administration, and claims management.
• Proven ability to lead and manage large, multi-disciplinary commercial teams across numerous concurrent packages in a fast-paced project environment.
• Experience managing procurement through its entire lifecycle, from strategy formulation and prequalification to final account settlement and dispute resolution.
• Excellent stakeholder engagement skills, with the ability to interface effectively across design, delivery, and governance functions.
• Familiarity with procurement systems, project management software, and robust risk management principles.
• MRICS qualification is preferred but not essential.

Required Skills

• Procurement Strategy
• Commercial Management
• FIDIC Contracts
• Procurement Governance
• Tendering
• Subcontractor Selection
• Commercial Negotiations
• Contract Administration
• Claims Management
• Team Leadership
• Stakeholder Engagement
• Risk Management

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role involves working within the Qiddiya project, a large-scale development.