Manager - Commercial; CDU

Overview

Qiddiya is Saudi Arabia's flagship destination for entertainment, sports, and culture — a cornerstone of Vision 2030 located just outside Riyadh. Spanning over 360 km², it will feature world-class attractions including a Formula 1-grade racetrack, theme parks, major sports venues, and performance spaces. More than a destination, Qiddiya is a catalyst for economic diversification, job creation, and a new way of life.

With construction progressing rapidly, we're looking for driven professionals ready to help shape one of the world's most ambitious developments. Every role here has real impact — from planning and design to delivery and operations. If you're motivated by large-scale challenges and lasting legacy, there's a place for you at Qiddiya.

• Assist in preparation of business cases for new items of work
• Collaborate with project stakeholders to develop and implement procurement strategies
• Develop and manage tender documentation, including pricing schedules and contract terms
• Assist in the review of financial proposal tender returns
• Conduct thorough cost analyses and feasibility studies to support project decision-making
• Evaluate contractor bids and provide recommendations for contract awards
• Negotiate contract terms and conditions to optimize project outcomes
• Ensure that letters of award and regret letters are issued to bidders
• Conduct contract handover meetings with the client s procurement team and produce minutes of the meeting
• Ensure performance bonds and advance payment bonds are received and in place for awarded contract and maintain a database for same
• Issue notices to proceed in accordance with the contract
• Review and approve subcontractors or subconsultants in line with contractual requirements
• Monitor and report on project costs, budgets, and financial forecasts throughout the project lifecycle
• Manage contractual relationships with contractors and suppliers, ensuring compliance with contract
• Identify and assess risks associated with project execution and recommend mitigation strategies
• Handle variations, claims, and disputes in collaboration with project teams
• Provide regular updates to senior management on commercial performance and key issues
• Ensure timely processing of interim payment applications (IPA) and interim payment certificates (IPC)
• Issue notices for delays and deduct penalties as per contract terms
• Perform contract closeout tasks and update the contracts register upon final discharge
• Ensure retention monies are released, and bonds or securities are returned in accordance with the contract
• Liaise with QIC internal teams, including procurement, legal and finance, to ensure alignment to commercial objectives
• Foster positive relationships with external stakeholders, including clients, contractors, and regulatory bodies
• Develop and maintain weekly action plans for live tasks
• Regular commercial meetings with contractors/consultants to ensure proactive management of commercial actions
• Monthly cash flow reporting and updates to the contracts register for inclusion in the monthly report
• Ensure timely correspondence management - ensure responses are issued in line with contractual deadlines
• Oversee workload and commitments of Assistant Commercial Manager, and support their professional development

• Minimum of 8 years of proven experience in commercial management
• Strong understanding of construction contracts, commercial law, and risk management principles
• Bachelors Degree in Quantity Surveying or Equivalent
• Excellent negotiation, communication, and interpersonal skills
• Proficient in financial management and cost control, with good analytical and problem-solving abilities
• Ability to work independently and as part of a team