Commercial Manager

Jacobs; Riyadh Region; On-site; SAR 300,000 - 520,000; Full time

Job summary

Jacobs seeks a Commercial Manager in Saudi Arabia to lead commercial performance across flagship projects, ensuring cost control, contract administration, procurement support and financial governance through the project lifecycle.

You will collaborate with delivery, finance, procurement and legal teams to optimize value, manage risks and drive commercially sound decisions in a complex, dynamic project environment.

Qualifications

• Significant experience in commercial management for major projects.

Responsibilities

• Administer consultant and contractor contracts per requirements and authorities.

Skills

Commercial management

Budgeting & forecasting

Contract administration

Stakeholder management

Negotiation & leadership

Procurement knowledge

Financial governance

Risk management

Communication

Education

Bachelor's degree in a related discipline

Job description

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Your impact

At Jacobs, we push the limits of what’s possible to make the world smarter and more connected. We are a key delivery partner on one of Saudi Arabia’s flagship giga projects and a central pillar of Vision 2030.

About The Opportunity

The Commercial Manager is responsible for overseeing the commercial performance of major projects, ensuring effective cost management, contract administration, procurement support, and financial governance throughout the project lifecycle. The role plays a critical part in safeguarding project value, managing commercial risks, and supporting successful project delivery against budget and business objectives.

Working closely with project delivery, procurement, finance, and external stakeholders, the Commercial Manager will lead commercial strategies, provide financial insight and reporting, manage contractual matters, and drive best practice in cost control and commercial management. The role requires a proactive leader capable of balancing commercial objectives with project delivery requirements in a complex project environment.

Role Responsibilities

• Administer consultant and contractor contracts in accordance with contractual requirements, company procedures and delegated authorities
• Manage the end-to-end change management process, including receipt, evaluation, negotiation, recommendation and implementation of variations, compensation events, amendments and change requests
• Maintain and update project change logs, commitment registers and commercial trackers, ensuring all records are accurate, current and auditable
• Prepare monthly cost reports, budget updates and commercial dashboards, highlighting key cost movements, risks, opportunities and forecast variances
• Develop and maintain project cashflow forecasts, monitoring actual expenditure against forecast and providing timely updates to support business planning requirements
• Review, validate and process consultant and contractor payment applications, invoices and milestone payments in accordance with contract terms and company procedures
• Verify project commitments and expenditure against approved budgets and funding allocations, identifying potential overruns and escalating issues where required.
• Support procurement activities including preparation of tender commercial documentation, bid evaluations, clarification responses and contract award recommendations
• Review commercial submissions, fee proposals and claims for accuracy, contractual compliance and value for money, providing recommendations to the Senior Manager - Commercial
• Assist in the preparation, assessment and negotiation of contractor and consultant claims, ensuring contractual entitlements are properly evaluated and documented
• Monitor commercial risk and contractual exposure across allocated projects, maintaining risk registers and supporting mitigation actions
• Prepare commercial correspondence, notices, recommendations and supporting documentation required under the contract
• Liaise with Project Controls, Finance, Procurement, Legal and Project Delivery teams to ensure alignment of cost, schedule and contractual information.

Here’s what you’ll need

• Bachelor's degree in Quantity Surveying, Commercial Management, Construction Management, Finance, Engineering, or a related discipline.
• Significant experience in commercial management, contract administration, and cost control within major construction, infrastructure, or development projects.
• Strong knowledge of procurement processes, contract forms, commercial governance, and financial management principles.
• Proven experience managing budgets, forecasts, claims, variations, and complex contractual matters.
• Excellent stakeholder management, negotiation, communication, and leadership skills.
• Professional membership or accreditation such as RICS, MRICS, CIOB, or equivalent would be advantageous.

Jacobs. A world where you can. From our inclusive employee networks to our positive mental health champions – we’re committed to driving a culture of caring where you can be you. Joining Jacobs not only connects you locally but globally - and together, our diverse perspectives and unique backgrounds power our collective strength.

With safety and flexibility always top of mind, we’ve gone beyond traditional ways of working so you have the support, means and space to maximize your potential. You’ll uncover flexible working arrangements, benefits, and opportunities to do good too - from participating in our global giving and volunteering program, to exploring new and inventive ways to help our clients make the world a better place.

Start your Jacobs career with a company that inspires and empowers you to deliver your best work so you can evolve, grow and succeed – today and into tomorrow.

From our inclusive employee networks to our positive mental health champions – we’re committed to driving a culture of caring where you can be you. Joining Jacobs not only connects you locally but globally - and together, our diverse perspectives and unique backgrounds power our collective strength. We collaborate and share! By supporting one another, we all succeed.

With safety and flexibility always top of mind, we’ve gone beyond traditional ways of working so you have the support, means and space to maximize your potential. You’ll uncover flexible working arrangements, benefits and opportunities to do good too - from participating in our global giving and volunteering program, to exploring new and inventive ways to help our clients make the world a better place.

No matter what drives you, you’ll discover how you can cultivate, nurture and achieve your goals – all at a single global company.

Onsite employees are expected to attend a Jacobs Workplace on a full-time basis, as required by the nature of their role.