Senior Manager - Commercial Racecourse
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-06-21
Listing for:
Qiddiya Investment Company
Full Time
position Listed on 2026-06-21
Job specializations:
-
Management
Contracts Manager, Operations Management, Project & Program Management
Job Description & How to Apply Below
Qiddiya Investment Company invites applications for the position of Senior Manager - Commercial for the Racecourse project. This role is integral to leading and overseeing the procurement and commercial management of approximately SAR 3billion of provisional sum works packages delivered through a Management Contractor under a FIDIC‑based contract within one of our most landmark developments – a world‑class horse racing destination being built as part of the Qiddiya giga‑project.
Key Responsibilities- Lead and oversee procurement and commercial management activities across approximately SAR 3billion of provisional sum works packages delivered through a Management Contractor under a FIDIC‑based contract.
- Oversee and monitor procurement activities, programmes and package awards undertaken by the Management Contractor, ensuring strict compliance with Schedule
28 procurement procedures and project governance requirements. - Manage and coordinate a team of Commercial Leads and wider commercial staff of approximately 20 people, providing leadership, direction and mentoring throughout the project lifecycle.
- Coordinate with Design Management teams to ensure timely release of IFT information in accordance with approved design release schedules.
- Manage supply chain engagement including EOIs, NDAs, PQQs, market sounding, contractor assessments, interviews and site visits.
- Identify, assess and pre‑qualify suitable contractors and specialist subcontractors across up to 75 procurement packages.
- Lead detailed commercial tender evaluations, tender clarification meetings and commercial negotiations, reviewing submissions, contractual qualifications, deviations and commercial risks.
- Prepare tender reports, governance papers and executive presentations to support internal approvals.
- Work closely with Package Commercial Managers and the Management Contractor throughout the lifecycle of awarded works packages, providing commercial analysis on variations, valuations, claims and other contractual matters.
- Monitor commercial performance, procurement risks and contractor compliance, protecting QIC’s commercial interests through to final account.
- Bachelor's degree (Hons) in Quantity Surveying, Commercial Management, or a related discipline.
- MRICS qualification preferred but not essential.
- Minimum 10+ years of commercial and procurement experience on major construction, infrastructure or giga‑projects, including Management Contracting and FIDIC‑based procurement environments.
- Strong experience in procurement governance, tendering, subcontractor selection, commercial negotiations, contract administration and claims management.
- Proven ability to lead and manage large commercial teams across multiple concurrent packages in a fast‑paced project environment.
- Experience managing procurement through the full lifecycle from strategy and prequalification through to final account and dispute resolution.
- Excellent stakeholder engagement skills, with the ability to interface across design, delivery and governance functions.
- Familiarity with procurement systems, project management software and risk management principles.
Position Requirements
10+ Years
work experience
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