Summary
Parsons is seeking a Commercial Manager for a large-scale giga project in Qiddiya, Riyadh. The role leads commercial strategy, contract management, cost control, procurement, claims, and risk mitigation across multiple project packages. Candidates need at least 10 years of relevant experience, including leadership on major construction, infrastructure, or real estate projects, and strong knowledge of FIDIC contracts. A relevant bachelor’s degree is required; a master’s degree and professional membership such as RICS, CIOB, or CIArb are desirable.
The posting
As published on parsons.com. Pulled from the employer's site and shown as they wrote it.
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Job Description:
Parsons are looking for an exceptionally talented Commercial Manager to join their team! The Commercial Manager will lead the full commercial lifecycle of a large-scale giga project in Riyadh. This role is accountable for commercial strategy, contract management, cost control, risk mitigation, and maximizing value across multi-billion-dollar programs, while ensuring alignment with client objectives, regulatory frameworks, and Vision 2030 goals.
What You'll Be Doing;
- Develop and implement the overall commercial strategy for complex giga projects, aligned with project, client, and organizational objectives.
- Lead and mentor commercial teams (contracts, procurement, quantity surveying, claims) across multiple workstreams and packages.
- Drive commercial governance, standardization of processes, and best practices across the portfolio.
- Oversee end-to-end contract management for consultancy, EPC, design & build, and subcontractor agreements.
- Lead negotiation of high-value contracts, framework agreements, D&B arrangements, and strategic partnerships.
- Manage contractual correspondences, variations, change orders, and claims to protect project and client interests.
- Ensure compliance with FIDIC, bespoke contracts, and local Saudi law/regulatory requirements.
- Establish and manage budgets, cost plans, and forecasts for multi-billion SAR/US$ projects.
- Oversee cost reporting, value engineering initiatives, and whole-life cost assessments.
- Analyze financial risks and opportunities; recommend strategies to improve margins and cost efficiency.
- Support funding, investment, and commercial due diligence processes as required.
- Develop procurement strategies for major packages (civil, MEP, infrastructure, technology, hospitality, etc.).
- Oversee prequalification, tendering, bid evaluation, and award processes to ensure best value and compliance.
- Engage with key contractors, consultants, and suppliers to build strong, performance-driven relationships.
- Support localization objectives and alignment with Saudi Vision 2030, including local content initiatives.
- Identify and manage commercial risks across the portfolio; implement mitigation plans and contingencies.
- Ensure robust commercial controls, audit trails, and adherence to corporate governance requirements.
- Provide commercial input to project risk registers, change control procedures, and scenario planning.
- Act as a key commercial interface between client, project management offices (PMO), consultants, contractors, and regulators.
- Prepare and present commercial reports, dashboards, and recommendations to senior management and boards.
- Manage complex stakeholder expectations and support conflict resolution on commercial matters.
- Ensure compliance with local laws, regulations, and relevant international standards.
- Support the development and implementation of commercial policies, procedures, and tools.
- Promote ethical commercial practices and transparency across all commercial activities.
What Required Skills You'll Bring;
- Bachelor’s degree in Quantity Surveying, Commercial Management, Construction Management, Engineering, Finance, or a related discipline.
- Minimum of 10 years of commercial/contract management experience in large-scale construction, infrastructure, or real estate projects.
- Proven track record working on mega or giga projects, preferably in the GCC region.
- Strong experience with FIDIC and major international standard forms of contract.
- Demonstrable experience in leading commercial teams on projects exceeding 1 billion in value.
Desirable:
- Master’s degree in a related field (e.g. MBA, MSc in Construction Law/Commercial Management).
- Professional membership: RICS, CIOB, CIArb, or equivalent.
- Prior experience in Saudi Arabia and familiarity with local regulations, procurement practices, and Vision 2030 initiatives.
- Advanced commercial, financial, and contractual acumen.
- Strong negotiation and influencing skills at senior stakeholder level.
- Excellent analytical skills with ability to interpret complex financial and commercial data.
- High level of written and verbal communication skills; ability to prepare concise, executive-level reports.
- Leadership capabilities with experience managing multidisciplinary teams.
- Strategic thinking with the ability to balance risk, cost, schedule, and quality.
- Strong problem-solving and decision-making abilities in high-pressure environments.
Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.
We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!
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