Senior Manager - Commercial

Overview

Senior Manager - Commercial in Riyadh, Saudi Arabia is a Construction hiring opportunity with Parsons Corporation for a senior commercial and contracts leader experienced in major projects, contract administration, cost management, commercial strategy, FIDIC contracts, claims, variations, dispute resolution, procurement support, and financial performance control. This role leads commercial governance across a portfolio of projects or a major program, helping protect organizational interests, improve margin performance, manage contractual risk, and support strong client and supply chain relationships.

Location:

Riyadh, Saudi Arabia
Industry: Construction
Function:
Contracts Administration

Experience:

Minimum 15 years
Job Type: Full-time
Salary:  (Estimated salary range based on similar jobs in the city; final offer to be confirmed with the employer).

• Develop and implement commercial strategies that support business objectives, project margins, cash flow targets, risk controls, and long‑term delivery requirements.
• Provide commercial leadership to project teams and ensure company policies, procedures, governance standards, and best practices are applied consistently.
• Support business planning, budgeting, bid reviews, and strategic decision‑making through commercial analysis, contract insight, and risk evaluation.
• Lead or support negotiations for major contracts, variations, claims, settlements, final accounts, and commercial agreements.
• Review, negotiate, and finalize prime contracts, subcontracts, consultancy agreements, and FIDIC‑based contract documents.
• Ensure strong contract administration across notice provisions, change control, claims procedures, correspondence, approvals, and contract compliance.
• Draft and review contractual correspondence to protect the company’s position and support proactive dispute avoidance.
• Provide guidance on contractual rights, obligations, entitlements, risk allocation, and commercial controls to project managers, procurement teams, and senior leadership.
• Oversee project budgets, cost plans, cash flow forecasts, commercial reports, cost commitments, and financial control processes.
• Lead monthly cost reporting, cost‑value reconciliations, earned value analysis, margin analysis, and commercial performance reviews.
• Monitor project financial performance, identify variances, assess exposure, and recommend corrective actions to protect profitability.
• Validate and approve major cost commitments, change events, variations, claims, settlements, and final account submissions.
• Establish and oversee change management procedures across projects to ensure variations and claims are properly captured, evaluated, substantiated, negotiated, and closed.
• Review and negotiate extensions of time, loss and expense claims, variation submissions, disruption claims, and other commercial entitlements.
• Coordinate with planning, legal, technical, project controls, and delivery teams to substantiate claims and defend the organization’s commercial position.
• Manage dispute resolution processes including negotiation, mediation, adjudication, arbitration, and settlement discussions when required.
• Support procurement strategies for key packages, including tender planning, evaluation, commercial review, negotiation, and contract award.
• Negotiate subcontractor and supplier terms to optimize cost, risk allocation, performance obligations, payment terms, and delivery commitments.
• Monitor subcontractor commercial performance, including payment applications, claims, variations, progress valuation, and final account closure.
• Build effective working relationships with strategic supply chain partners while maintaining strong commercial discipline and contractual protection.
• Identify commercial risks and opportunities across the project lifecycle and maintain updated commercial risk registers.
• Ensure compliance with corporate governance, delegation of authority, internal controls, commercial approvals, and audit requirements.
• Contribute to bid and tender reviews by assessing commercial risk profiles, contractual terms, pricing assumptions, and project delivery exposure.
• Support internal…