Senior Commercial Manager - Giga Projects

Senior Commercial Manager
- Giga Projects Job Snapshot Role:
Senior Commercial Manager
- Giga Projects

Location:

Riyadh, Saudi Arabia Industry: Construction Function:
Contracts Administration

Experience:

Minimum 15 years Job Type: Full-time

Position Overview Senior Commercial Manager
- Giga Projects in Riyadh, Saudi Arabia is a senior Construction opportunity responsible for commercial strategy, contract administration, cost governance, procurement, claims, risk management, and value optimization across a large-scale giga project. Parsons Corporation is hiring an experienced commercial leader to manage multi-billion-value programs, strengthen contractual controls, lead negotiations, oversee cost performance, and support strategic project delivery in alignment with client objectives and Saudi Vision 2030 priorities.

Job Details Country:
Saudi Arabia City:
Riyadh Industry: Construction Function:
Contracts Administration Salary:  Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer. Gender: Any Candidate Nationality:
Any Job Type: Full-time

The Senior Commercial Manager will take a leadership role across the complete commercial lifecycle of a major development program, connecting contracts, procurement, cost management, claims, risk, and financial performance within a single governance framework. The position will influence major commercial decisions from procurement strategy and contract award through change management, claims resolution, forecasting, and final account activities. Strong commercial leadership will help protect project value, control financial exposure, improve contractor performance, and support transparent decision-making across complex packages and stakeholder relationships.

Lead development and implementation of the commercial strategy across major project packages and work streams.

• Establish commercial governance principles, procedures, controls, reporting requirements, and approval workflows.
• Lead multidisciplinary commercial teams covering contracts, procurement, quantity surveying, claims, and cost management.
• Provide strategic commercial advice to project leadership and client representatives.
• Standardize commercial processes across the program to improve consistency, transparency, and control.
• Oversee the complete contract lifecycle for consultancy, EPC, Design-Build, construction, and subcontract agreements.
• Lead negotiation of high-value contracts, framework agreements, strategic partnerships, and major procurement packages.
• Review contractual terms and identify obligations, liabilities, commercial exposure, and opportunities.
• Manage variations, change orders, contractual correspondence, claims, and entitlement assessments.
• Protect client and project interests through accurate records, timely notices, and disciplined contract administration.
• Ensure commercial practices remain aligned with FIDIC conditions, bespoke contract requirements, and applicable Saudi regulations.
• Establish and manage project budgets, commercial forecasts, cost plans, and financial reporting structures.
• Monitor expenditure against approved budgets and identify emerging cost pressures at an early stage.
• Oversee cost reporting across multiple packages and provide reliable forecasts to senior management.
• Lead value engineering and whole-life cost initiatives aimed at improving project value without weakening quality or performance.
• Analyze financial risks, commercial opportunities, and potential margin impacts.
• Recommend corrective strategies when cost, contractual, or procurement performance deviates from expectations.
• Support investment reviews, funding assessments, and commercial due diligence where required.
• Develop procurement strategies for major civil, MEP, infrastructure, technology, hospitality, and specialist packages.
• Oversee contractor and consultant prequalification processes.
• Manage tender preparation, bid evaluations, commercial clarifications, negotiations, and award recommendations.
• Ensure procurement decisions demonstrate value, compliance, commercial robustness, and appropriate risk allocation.
• Develop productive relationships with major contractors, consultants, suppliers, and strategic partners.
• Support local content, localization, and Saudi Vision 2030 objectives through appropriate procurement and commercial strategies.
• Maintain a structured commercial risk register covering contractual, cost, procurement, claims, and supplier risks.
• Develop mitigation strategies and appropriate commercial contingencies.
• Provide commercial input into project-wide risk registers, scenario planning, and change control procedures.
• Ensure robust audit trails are maintained for contracts, approvals, payments, changes, and commercial decisions.
• Act as a senior commercial interface between the client, PMO, consultants, contractors, suppliers, and regulatory stakeholders.
• Lead resolution of complex commercial disputes and support negotiations where stakeholder…