Commercial Manager - Contracts and Cost Control

Parsons; Riyadh; On-site; SAR 480,000 - 720,000; Full time

Job summary

Parsons Corporation in Riyadh, Saudi Arabia is seeking a senior Commercial Manager to oversee contracts, cost control, and governance for large-scale infrastructure programs. You will manage risk, forecasts, and financial performance across complex portfolios, interfacing with clients and stakeholders to protect project value.

The role requires extensive Middle East experience, strong leadership, and expert knowledge of FIDIC/NEC contracts.

Qualifications

• Bachelor's degree in Quantity Surveying, Commercial Management, or a closely related discipline.
• Minimum 12 years of progressive commercial management experience.
• Strong track record on large-scale engineering, infrastructure, or mega-construction projects.
• Extensive Middle East or GCC experience, with strong understanding of Saudi Arabian project environments.

Responsibilities

• Lead commercial management activities across assigned contracts and major project workstreams.
• Oversee cost planning, budgeting, cash flow forecasting, financial reporting, and commercial performance tracking.
• Monitor project expenditure against approved budgets and identify emerging financial pressures.
• Apply Earned Value Analysis to evaluate cost and schedule performance.
• Administer contracts under FIDIC, NEC, bespoke, and other frameworks.
• Review contract terms and determine commercial implications of changes in scope.
• Identify risks early and develop mitigation strategies to protect interests.
• Lead variations, change orders, claims, and compensation events assessments.
• Negotiate settlements with contractors and subcontractors with discipline.
• Support dispute avoidance and resolution through records and analysis.

Skills

Commercial management

FIDIC contracts

NEC contracts

Contract administration

Cost planning

Cost control

Budget management

Cash flow forecasting

Earned Value Analysis

Financial reporting

Commercial forecasting

Quantity surveying

Claims management

Variation assessment

Change order management

Contractual risk management

Dispute resolution

Procurement governance

Design-Build contracts

Design-Bid-Build delivery

PMC delivery models

Commercial negotiations

Value optimization

Contractor management

Subcontract management

Executive reporting

Cost engineering

Saudi procurement regulations

GCC infrastructure projects

Commercial team leadership

Education

Bachelor's degree in Quantity Surveying, Commercial Management, or a closely related discipline

Job description

Commercial Manager - Contracts and Cost Control

Commercial Manager - Contracts and Cost Control Job Snapshot Role: Commercial Manager - Contracts and Cost Control Location: Riyadh, Saudi Arabia Industry: Construction Function: Contracts Administration Experience: 12 years of progressive commercial management experience on major engineering or construction projects Job Type: Full-time Position Overview Commercial Manager - Contracts and Cost Control in Riyadh, Saudi Arabia is a senior Construction opportunity for a commercially focused leader with extensive experience in major infrastructure, Design-Build delivery, FIDIC contracts, cost management, claims, risk, and financial governance. Parsons Corporation is hiring an experienced Commercial Manager to protect project financial performance, lead high-value contract administration, manage commercial risk, and provide strategic oversight across one of Saudi Arabia 's major infrastructure development programs.

Job Details Country: Saudi Arabia City: Riyadh Industry: Construction Function: Contracts Administration Salary: 40000-60000 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

Role Context The Commercial Manager will sit at the intersection of project delivery, contractual governance, and financial performance. The role is responsible for maintaining commercial discipline across complex contract portfolios, ensuring that project decisions are supported by robust cost data, clear contractual interpretation, and timely risk assessment. By controlling changes, claims, forecasts, and commercial interfaces, the position will help preserve project value while supporting successful delivery within the requirements of Saudi Arabian regulations and major infrastructure governance frameworks.

Key Responsibilities

• Lead commercial management activities across assigned contracts and major project workstreams.
• Oversee cost planning, budgeting, cash flow forecasting, financial reporting, and commercial performance tracking.
• Monitor project expenditure against approved budgets and identify emerging financial pressures before they materially affect delivery.
• Apply Earned Value Analysis to evaluate cost and schedule performance and support reliable forecasting.
• Administer complex contracts under FIDIC, NEC, bespoke, and other applicable contractual frameworks.
• Ensure contractual obligations, notices, entitlements, and procedural requirements are managed consistently.
• Review contract terms and determine the commercial implications of changes in scope, design, schedule, procurement, or execution.
• Identify contractual and financial risks early and develop mitigation strategies that protect Parsons and client interests.
• Lead commercial assessments of variations, change orders, claims, and compensation events.
• Negotiate commercial settlements with contractors and subcontractors while maintaining contractual and financial discipline.
• Support dispute avoidance and resolution through clear records, contractual analysis, and structured negotiation.
• Maintain effective commercial governance in accordance with Saudi procurement requirements and project procedures.
• Act as a principal commercial interface with clients, government stakeholders, consultants, and major subcontractors.
• Evaluate contractor submissions and challenge assumptions that could expose the project to unnecessary cost or contractual risk.
• Drive value optimization by assessing alternative commercial and procurement approaches.
• Prepare commercial dashboards, executive reports, cost forecasts, and decision-support material for senior leadership.
• Present complex financial and contractual matters clearly to executive stakeholders.
• Lead and mentor Quantity Surveyors, Cost Engineers, and other commercial professionals.
• Promote consistent commercial standards, professional integrity, and disciplined record management across the team.

Ideal Profile

• Bachelor 's degree in Quantity Surveying, Commercial Management, or a closely related discipline.
• Minimum 12 years of progressive commercial management experience.
• Strong track record on large-scale engineering, infrastructure, or mega-construction projects.
• Extensive Middle East or GCC experience, with strong understanding of Saudi Arabian project environments.
• Proven knowledge of Saudi regulatory frameworks, procurement practices, and major Vision 2030 development programs.
• Expert understanding of FIDIC forms of contract and commercial administration.
• Experience across Design-Build, Design-Bid-Build, PMC, or comparable project delivery models.
• Strong capability in cost planning, forecasting, cash flow, change management, claims, and contract risk.
• Experienced in negotiating significant variations and commercial settlements.
• Comfortable managing high-value contract portfolios and complex stakeholder relationships.
• Able to interpret complex contractual provisions and translate them into practical project actions.
• Exceptional written and spoken English with the confidence to present commercial information to executive leadership.
• MRICS, FRICS, or equivalent Chartered professional status is highly preferred.
• Strong leadership capability with experience developing commercial and quantity surveying teams.

Skills Set

• Commercial management
• FIDIC contracts
• NEC contracts
• Contract administration
• Cost planning
• Cost control
• Budget management
• Cash flow forecasting
• Earned Value Analysis
• Financial reporting
• Commercial forecasting
• Quantity surveying
• Claims management
• Variation assessment
• Change order management
• Contractual risk management
• Dispute resolution
• Procurement governance
• Design-Build contracts
• Design-Bid-Build delivery
• PMC delivery models
• Commercial negotiations
• Value optimization
• Contractor management
• Subcontract management
• Executive reporting
• Cost engineering
• Saudi procurement regulations
• GCC infrastructure projects
• Commercial team leadership

Why Join Us

Riyadh 's infrastructure and urban development pipeline continues to create significant demand for senior commercial professionals capable of managing complex contracts, financial exposure, and high-value delivery portfolios. This role offers direct involvement in commercially critical decisions on a major Saudi development, with responsibility spanning cost, contracts, claims, risk, procurement, and executive reporting. It is a strong opportunity for an experienced commercial leader seeking influence across large-scale Construction programs aligned with the Kingdom 's long-term development agenda.

About the Company

Parsons Corporation delivers engineering, infrastructure, program management, and technology solutions across major global markets. In Saudi Arabia, the company supports complex transportation, infrastructure, and urban development programs where strong commercial governance, contract discipline, and effective cost management are essential to successful project delivery.