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Senior Commercial Manager - Utility Compounds

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Parsons
Full Time position
Listed on 2026-07-09
Job specializations:
  • Management
    Contracts Manager, Risk Manager/Analyst, Financial Manager, Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below
Position: Senior Commercial Manager - Utility Compounds at Parsons

Position Summary

The Senior Commercial Manager leads all commercial, contractual, and cost management aspects across a portfolio of projects or a major program, safeguarding the organization’s commercial interests from bid to closeout. The role ensures robust contract administration, effective risk management, accurate cost forecasting, and maximized profitability while maintaining strong relationships with clients, partners, and supply chain.

Commercial Strategy & Leadership

Develop and implement commercial strategies that support business objectives, margin targets, and cash flow requirements. Provide commercial leadership to project teams, ensuring consistent application of company policies, procedures, and best practices. Support business planning, budgeting, and strategic decision-making with commercial insight and analysis. Lead or support negotiations for major contracts, variations, claims, and settlements.

Contract Management & Administration

Review, negotiate, and finalize prime contracts, subcontracts, and consultancy agreements (FIDIC). Ensure robust contract administration, including compliance with notice provisions, change management, and claims procedures. Draft and review contractual correspondence to protect the company’s position and manage disputes proactively. Provide guidance on contractual rights and obligations to project managers, procurement, and senior leadership.

Cost Management & Financial Control

Oversee preparation and management of project budgets, cost plans, and cash flow forecasts. Lead cost reporting, including monthly cost/value reconciliations, earned value analysis, and margin analysis. Monitor project financial performance, identify variances, and recommend corrective actions to protect profitability. Validate and approve major cost commitments, variations, and final accounts.

Change, Claims & Dispute Management

Establish and oversee robust change management processes across projects. Review, prepare, and negotiate variations, extensions of time, loss and expense, and other claims. Coordinate with planning, legal, and technical teams to substantiate and defend claims. Manage dispute resolution processes (negotiation, mediation, adjudication, arbitration) where required.

Procurement & Supply Chain

Support or lead procurement strategies for key packages, including tendering, evaluation, and contract award. Negotiate terms with subcontractors and suppliers to optimize cost, risk allocation, and performance obligations. Monitor subcontractor commercial performance, including payment applications, variations, and claims. Promote long‑term, mutually beneficial relationships with strategic supply chain partners.

Governance, Risk & Compliance

Identify and manage commercial risks and opportunities across the project lifecycle; maintain and update risk registers. Ensure compliance with corporate governance, delegation of authority, and internal control frameworks. Contribute to bid/no‑bid decisions and tender reviews by assessing commercial risk profiles and contractual terms. Support audits and internal reviews of commercial practices.

Stakeholder Management & Reporting

Act as the primary commercial interface with clients, partners, JV entities, and senior internal stakeholders. Provide clear, timely commercial reporting and advice to the Executive Team and Project Directors. Present commercial performance, risks, and recovery strategies in management and client meetings. Support business development and pre‑contract teams with commercial input into proposals and negotiations.

Team Management & Development

Lead, mentor, and develop a team of commercial managers, quantity surveyors, and contract administrators. Allocate resources effectively across projects and ensure succession planning for key roles. Promote a culture of high performance, integrity, and continuous improvement within the commercial function.

Required Qualifications
  • Bachelor’s degree in Quantity Surveying, Commercial Management, Construction Management, Law, Finance, or a related field.
  • 15 years of progressive commercial/contracts experience, including on large‑scale construction, infrastructure, utilities, or…
Position Requirements
10+ Years work experience
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