Summary
Parsons is hiring a Senior Commercial Manager for a project in Riyadh, Saudi Arabia. The role leads commercial and contract management, including cost planning, budgeting, forecasting, contract administration, change control, claims, and risk mitigation. The manager will represent the project in commercial discussions and lead and mentor a team of Quantity Surveyors and Cost Engineers. Applicants need a relevant bachelor’s degree and at least 15 years of commercial management experience; MRICS is preferred.
The posting
As published on parsons.com. Pulled from the employer's site and shown as they wrote it.
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At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.
Job Description:
Parsons is looking for an amazingly talented Senior Commercial Manager to join our team! In this role you will act as the vital link between project delivery and financial viability, ensuring that one of the world's most ambitious infrastructure developments remains profitable, compliant, and on track. You will join a multidisciplinary "Delivery Partner" team, navigating complex Design-Build environments and managing high-value contract portfolios that define the future of the Kingdom.
What You'll Be Doing:
Oversee all commercial reporting, including cost planning, budgeting, cash flow forecasting, and Earned Value Analysis (EVA).
Administer complex contracts (FIDIC, NEC, or bespoke), ensuring full adherence to contractual obligations and KSA procurement laws.
Proactively identify contractual and financial risks early in the project lifecycle and develop robust strategies to protect both Parsons' and the Client's interests.
Lead the assessment, negotiation, and resolution of significant variations, change orders, and potential disputes.
Act as the primary commercial point of contact for the Client, government authorities, and major subcontractors to drive value optimization.
Mentor and lead a team of Quantity Surveyors and Cost Engineers, fostering a culture of professional integrity and technical excellence.
Provide strategic direction and leadership for all commercial & contract management activities across the project.
Develop and implement commercial & contract management strategies to achieve project objectives, output deliverables in a timely manner, and maximize value.
Review Contractor's and Client's Change requests, develop and manage all of the relevant change management documentation up to finalizing EI’s and VO’s.
Ensure compliance with contractual terms and conditions, including managing claims, variations, and disputes.
Provide expert advice on contract interpretation and risk mitigation strategies.
Lead the development and management of project budgets, ensuring alignment with financial goals.
Monitor project costs and implement robust cost control measures to prevent overruns.
Prepare detailed financial reports, forecasts, and cost analysis for senior management and stakeholders.
Coordinate with procurement team and ensure the activities align with project requirements and organizational policies.
Develop and maintain strong relationships with suppliers and contractors to ensure optimal performance.
Identify, assess, and mitigate commercial risks throughout the project lifecycle.
Develop contingency plans to address potential financial and contractual challenges.
Lead and mentor the commercial team, fostering a culture of collaboration and excellence.
Provide training and guidance to team members to enhance their skills and performance.
Collaborate with internal and external stakeholders, including clients, contractors, and consultants, to ensure alignment on commercial matters.
Represent the project in commercial discussions and negotiations with stakeholders.
Ensure adherence to legal, regulatory, and contractual requirements.
Prepare and present comprehensive commercial reports to stakeholders and senior management.
What Required Skills You'll Bring:
Bachelor’s degree in Quantity Surveying, Civil Engineering or a related field.
Minimum of 15 years of experience in commercial management across multiple construction sectors.
Extensive knowledge of cost & commercial management principles, procurement processes, and contract management principles.
Proven track record of managing large-scale projects and delivering within budget and schedule.
Familiarity with local regulations, industry standards, and best practices.
Proficiency in project management software and financial tools.
Exceptional communication and leadership skills.
Ability to manage complex stakeholder relationships and resolve disputes effectively.
What Desired Skills You'll Bring:
Professional certification (MRICS) is preferred.
Experience in PMO projects is highly desirable.
Strategic thinking and decision-making capabilities.
Strong analytical and problem-solving skills.
Leadership and team management expertise.
Attention to detail and accuracy in financial reporting.
Ability to work under pressure and manage multiple priorities effectively.
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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