Commercial Manager

TXM Solutions; Jeddah; On-site; SAR 187,000 - 263,000; Full time

Job summary

A construction management firm in Saudi Arabia seeks a Commercial Manager responsible for overseeing all commercial aspects of project execution, including cost control, contract administration, and commercial reporting. The ideal candidate has a degree in Quantity Surveying and at least 5 years of experience in commercial management within the construction sector. Strong negotiation and financial reporting skills are essential.

Qualifications

• Minimum 5 years of commercial management experience in the construction sector.

Responsibilities

• Manage contract obligations, variations, claims, and commercial correspondence.
• Track project budgets, forecast expenditures, and identify cost-saving opportunities.
• Prepare and certify interim and final payment applications for clients and subcontractors.

Skills

Commercial management

Cost control

Contract administration

Negotiation skills

Financial reporting

Education

Degree in Quantity Surveying, Construction Economics, or related MEP field

Job description

Overview

Commercial Manager

Department: Commercial

Reporting to: Director / Commercial Director

Position Overview

Responsible for overseeing all commercial aspects of post-contract project execution, including cost control, contract administration, payment applications, subcontractor certifications, variation management, and commercial reporting. Ensures financial integrity and contractual compliance across all projects.

Responsibilities

• Contract Administration: Manage contract obligations, variations, claims, and commercial correspondence.
• Cost Monitoring: Track project budgets, forecast expenditures, and identify cost-saving opportunities.
• Valuations: Prepare and certify interim and final payment applications for clients and subcontractors.
• Claims Management: Lead negotiation and resolution of claims, ensuring timely and commercially sound outcomes.
• Final Account Preparation: Reconcile and close out project accounts with clients and subcontractors.
• Reporting: Deliver accurate commercial reports, cost-to-complete forecasts, and financial dashboards.
• Collaboration: Interface with project teams, procurement, finance, and legal to ensure commercial alignment.

Selection Requirements

• Appointment at the discretion of Senior Management.
• Degree in Quantity Surveying, Construction Economics, or related MEP field.
• Minimum 5 years of commercial management experience in the construction sector.

Core Values

• Prioritize health and safety in all commercial operations.
• Uphold respect, integrity, and professionalism in all dealings.
• Communicate clearly and effectively with internal and external stakeholders.
• Foster teamwork and build trust-based relationships.
• Honor commitments and deliver results with accountability.
• Demonstrate initiative, ownership, and continuous improvement.
• Maintain high standards in documentation, reporting, and conduct.
• Engage in personal development and contribute to team growth.

KPIs & BSC

• Manage inspection-related commercial deliverables.
• Monitor monthly cost per inspection and cost recovery.
• Maintain accurate commercial documentation and records.
• Control and report on commercial variables and risk exposure.
• Align QA/QC, planning, and HSE requirements with commercial objectives.
• Exhibit leadership traits including integrity, courage, and strategic alignment.
• Demonstrate strong commercial acumen, MEP understanding, and delivery focus.

Duties & Responsibilities

• Commercial Oversight: Lead all commercial activities in accordance with company policy.
• Ensure timely submission of payment applications and compliance with contract terms.
• Maintain variation logs, cost reports, and commercial registers.
• Provide guidance on resolving commercial discrepancies and disputes.
• Implement commercial controls and assurance procedures.
• Human Resource Interface: Support commercial team performance, motivation, and discipline.
• Ensure compliance with labor cost controls and commercial HR policies.
• Participate in safety and performance reviews with site teams.
• Promote commercial awareness and training across project teams.