Commercial Manager

Key Responsibilities Commercial Management

• Provide comprehensive commercial management services as part of the FIDIC Engineer and PMC team for Diriyah Square development
• Administer FIDIC contract conditions ensuring compliance with contractual obligations and procedures
• Review, evaluate and make recommendations on contractor payment applications, variations, claims and extensions of time
• Manage the commercial aspects of multiple work packages and contracts simultaneously
• Prepare and present commercial reports to senior management and clients
• Identify commercial risks and opportunities implementing mitigation strategies

• Provide direct oversight and management of the appointed cost consultant
• Review and validate cost consultant deliverables including valuations, cost reports and change order assessments
• Ensure cost consultant performance meets project requirements and quality standards
• Coordinate cost management activities between the cost consultant contractors and client
• Challenge and verify cost consultant recommendations and cost forecasts

• Lead the administration of FIDIC-based contracts including Red Book, Yellow Book or Silver Book conditions
• Issue Engineer instructions, determinations and certificates in accordance with FIDIC procedures
• Evaluate and negotiate contractor claims for additional time and money
• Manage variation order processes from inception through approval and implementation
• Maintain comprehensive contract documentation and records

• Monitor project budgets and financial performance against approved baselines
• Prepare cash flow forecasts and expenditure projections
• Review and approve interim payment certificates
• Manage final account processes and close-out procedures
• Ensure accurate and timely financial reporting

• Act as key commercial interface between client, contractors, consultants and PMC team
• Facilitate commercial meetings and dispute resolution discussions
• Provide commercial advice and support to the Engineer and PMC leadership
• Build and maintain strong working relationships with all project stakeholders

Location:

Diriyah Riyadh Saudi Arabia

Project duration:
Long-term assignment minimum 2-3 years

Full-time position requiring site presence and occasional extended hours

Some regional travel may be required

Education:

Bachelor's degree in Quantity Surveying, Construction Management, Civil Engineering, or related discipline

Professional qualification (MRICS, CIOB, or equivalent) highly desirable

• Minimum 12-15 years of commercial management experience in construction and infrastructure projects
• Substantial experience working under FIDIC contract conditions as part of an Engineer or PMC team
• Proven track record managing commercial aspects of mega-projects (US $500M+)
• Experience in the Middle East/GCC region, preferably Saudi Arabia
• Demonstrated experience providing oversight of cost consultants or quantity surveying teams
• Experience in mixed-use, hospitality, or master-planned community developments preferred

• Expert knowledge of FIDIC contract conditions (Red, Yellow, Silver Books)
• Strong understanding of construction methodologies, programming, and cost management principles
• Proficient in contract administration procedures and commercial risk management
• Experience with project management and cost control software
• Advanced proficiency in Microsoft Office suite

• Strong analytical and problem-solving capabilities
• Excellent negotiation and conflict resolution skills
• Outstanding written and verbal communication skills in English (Arabic language skills advantageous)
• Ability to work effectively under pressure and meet tight deadlines
• High degree of commercial acumen and business awareness
• Strong attention to detail and commitment to quality
• Collaborative team player with leadership capabilities