Commercial and Cost Manager - Aviation

Commercial and Cost Manager
- Aviation

Location:

Riyadh, Saudi Arabia. Industry: Airlines/Aviation. Function:
Cost Estimating.

Job Type: Full-time. Salary Range: SAR  (approx). Gender: Any. Candidate Nationality:
Any.

Commercial and Cost Manager
- Aviation in Riyadh, Saudi Arabia is a senior Airlines/Aviation opportunity responsible for leading commercial strategy, cost governance, contract administration, procurement coordination, financial forecasting, and claims management across a major airport infrastructure program. Parsons Corporation is hiring an experienced commercial leader to protect the client’s interests, maintain financial transparency, and optimize value throughout the project lifecycle. The role will oversee budgets, cash flow, cost forecasts, payment certification, variations, procurement activities, commercial risks, and contract negotiations across multiple packages.

The successful candidate will work closely with program directors, project controls teams, procurement specialists, PMCM consultants, contractors, and external stakeholders to ensure that commercial performance remains aligned with strategic, operational, and financial objectives.

The Commercial and Cost Manager will lead the commercial management function for a complex airport infrastructure portfolio involving multiple contracts, consultants, contractors, systems, facilities, and operational stakeholders. The position will establish the controls required to manage cost exposure, contractual entitlement, procurement value, financial reporting, and commercial risk. Reliable commercial governance is essential to preventing unsupported commitments, managing claims, protecting approved budgets, and ensuring that senior decision-makers receive accurate information.

The role will also support value engineering, benchmarking, contract negotiations, and financial forecasting throughout planning, design, procurement, construction, commissioning, and operational readiness.

• Develop and lead the commercial strategy for the airport infrastructure program.
• Align commercial objectives with client requirements, corporate policies, approved budgets, and delivery priorities.
• Establish commercial management procedures, approval routes, controls, templates, and performance indicators.
• Manage program budgets, cost plans, forecasts, cash flow, commitments, and expenditure reporting.
• Monitor financial performance against approved baselines and authorized funding.
• Prepare cost forecasts at completion and identify potential budget overruns.
• Develop mitigation measures for emerging cost pressures and commercial exposure.
• Administer contracts, amendments, variations, payment certificates, and commercial correspondence.
• Ensure contractual obligations, approval requirements, and commercial procedures are consistently followed.
• Review contractor and consultant payment applications.
• Verify that claimed progress, quantities, rates, and supporting records justify payment.
• Prevent over payment, duplicate recovery, unsupported costs, and unauthorized commitments.
• Lead the assessment and negotiation of variations, claims, and contract amendments.
• Review entitlement, substantiation, valuation, time implications, and commercial risk.
• Support claims management, dispute avoidance, and negotiated settlement processes.
• Coordinate with legal, contracts, project controls, and technical teams on complex claims.
• Lead procurement planning for major packages, services, materials, and specialist systems.
• Oversee tender documentation, commercial evaluations, bid comparisons, and award recommendations.
• Support negotiations with bidders, contractors, consultants, and suppliers.
• Secure commercially competitive and contractually balanced outcomes.
• Conduct cost benchmarking against comparable airport and infrastructure projects.
• Lead value engineering reviews to improve cost efficiency without compromising safety, performance, quality, or operational requirements.
• Establish policies and metrics for cost control, procurement, contract management, and commercial reporting.
• Identify and assess financial and commercial risks across contracts and work packages.
• Maintain commercial risk registers and monitor agreed mitigation actions.
• Coordinate commercial information with project controls schedules, progress data, risk registers, and change logs.
• Work closely with procurement teams to align sourcing activities with project milestones.
• Coordinate with PMCM teams, program directors, consultants, and contractors.
• Ensure commercial objectives are incorporated across design, construction, systems integration, and operational readiness.
• Support commercial reviews of design changes, scope developments, technical deviations, and programme adjustments.
• Assess the cost and contractual effects of proposed changes before approval.
• Prepare executive commercial reports, forecasts, dashboards, and management summaries.
• Present cost status, claims exposure, procurement progress, cash flow, and key…