Commercial Manager - Mega Project Delivery
Listed on 2026-09-15
-
Construction
Financial Manager, Regulatory Compliance Specialist -
Management
Contracts Manager, Financial Manager, Regulatory Compliance Specialist
Commercial Manager
- Mega Project Delivery Job Snapshot Role:
Commercial Manager
- Mega Project Delivery
Location:
Riyadh, Saudi Arabia Industry: Construction Function:
Contracts Administration
Experience:
12 years in commercial management on major engineering or construction programs Job Type: Full-time
Job Overview Commercial Manager
- Mega Project Delivery in Riyadh, Saudi Arabia is a senior Construction opportunity overseeing commercial performance, contract administration, financial controls, claims, change management, and risk across a major infrastructure development. Parsons Corporation is hiring an experienced commercial leader to work within a multidisciplinary Delivery Partner environment, protecting project financial viability while managing high-value Design-Build contracts and supporting the successful delivery of complex Saudi Arabian infrastructure.
Job Details Country:
Saudi Arabia City:
Riyadh Industry: Construction Function:
Contracts Administration Salary: Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer. Gender: Any Candidate Nationality:
Any Job Type: Full-time
Role Context The Commercial Manager will connect project execution with contractual and financial governance, ensuring delivery decisions remain commercially sustainable throughout the project lifecycle. Operating within a complex Delivery Partner structure, the role will oversee cost performance, contract compliance, changes, claims, cash flow, and commercial risk while providing senior stakeholders with reliable information for decision-making. The position will be instrumental in maintaining commercial discipline across high-value contracts while safeguarding Client objectives and supporting timely infrastructure delivery.
Key Responsibilities- Lead commercial management activities across assigned infrastructure contracts and project packages.
- Maintain visibility of commercial performance from contract award through construction, completion, and final account.
- Oversee cost planning, budgeting, forecasting, and financial reporting.
- Monitor expenditure, commitments, liabilities, and forecast cost against approved budgets.
- Develop and review project cash flow forecasts to identify emerging funding and expenditure requirements.
- Apply Earned Value Analysis to evaluate cost and delivery performance.
- Analyze financial trends and highlight adverse movements requiring management intervention.
- Provide accurate commercial forecasts and executive-level performance information.
- Administer high-value contracts under FIDIC, NEC, bespoke, and other applicable contractual frameworks.
- Ensure project teams understand and comply with contractual obligations, notice provisions, approval requirements, and commercial procedures.
- Monitor contractor compliance with agreed commercial and contractual requirements.
- Maintain awareness of Saudi Arabian procurement regulations and relevant contractual requirements.
- Review commercial correspondence and ensure contractual positions are properly documented.
- Advise project leadership on contractual rights, obligations, exposure, and recommended actions.
- Identify financial and contractual risks during design, procurement, construction, and completion.
- Develop mitigation strategies to reduce commercial exposure before risks develop into claims or disputes.
- Maintain commercial risk visibility and coordinate significant exposures with project risk management processes.
- Evaluate the potential cost and contractual consequences of project decisions.
- Lead commercial assessment of variations and change orders.
- Review contractor entitlement, substantiation, valuation, and supporting documentation.
- Negotiate significant variations and establish commercially defensible settlements.
- Monitor cumulative change and its impact on budget, forecast, schedule, and contract value.
- Assess claims involving cost, entitlement, disruption, delay, or other contractual matters.
- Coordinate with planning, technical, legal, and project controls teams when evaluating complex claims.
- Lead negotiations aimed at achieving timely and commercially balanced resolution of disputes.
- Maintain comprehensive records supporting commercial determinations and negotiated outcomes.
- Coordinate commercial requirements across Design-Build, Design-Bid-Build, and PMC delivery environments.
- Review payment applications and ensure valuations reflect verified progress and contractual requirements.
- Support payment certification and resolution of…
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