Commercial Manager - Giga Projects Job Snapshot
Role: Commercial Manager - Location: Riyadh, Saudi Arabia - Industry: Construction - Function: Contracts Administration - Experience: Minimum 10 years in commercial and contract management - Job Type: Full Time - Work Arrangement: On-site
Position Overview
Parsons is seeking an experienced Commercial Manager to lead commercial management activities for a large-scale giga project in Riyadh, Saudi Arabia. The successful candidate will oversee the full commercial lifecycle, including commercial strategy, contract administration, procurement, cost management, financial risk assessment, and contractual compliance. This senior position involves managing commercial operations across complex, high-value construction and infrastructure programs, including projects with budgets reaching billions of Saudi riyals or US dollars. The Commercial Manager will work closely with clients, project management offices, consultants, contractors, and regulatory stakeholders to maintain commercial performance and protect project interests.
The role requires strong knowledge of FIDIC contracts, commercial governance, procurement practices, and financial controls, together with the ability to lead multidisciplinary commercial teams and support project objectives aligned with Saudi Vision 2030.
Job Details
Country: Saudi Arabia
City: Riyadh
Industry: Construction
Function: Contracts Administration
Salary: Not disclosed
Gender: No Preference
Candidate Nationality: Not specified
Job Type: Full Time
Work Arrangement: On-site
What You 'll Be Doing
Commercial Strategy and Leadership
- Develop and implement commercial strategies for complex giga projects in alignment with project requirements, client objectives, and organizational priorities.
- Provide commercial leadership across multiple project workstreams and contract packages.
- Lead and mentor commercial teams covering contract management, procurement, quantity surveying, and claims administration.
- Establish consistent commercial governance arrangements, management procedures, and reporting practices.
- Promote standardized commercial processes and recognized industry best practices across the project portfolio.
- Support strategic commercial decision-making throughout the project lifecycle.
- Maintain alignment between commercial objectives, project performance, and relevant regulatory requirements.
Contract Management and Administration
- Oversee the full contract management lifecycle for consultancy, engineering, procurement and construction (EPC), design and build, and subcontractor agreements.
- Lead negotiations involving high-value contracts, framework agreements, design and build arrangements, and strategic commercial partnerships.
- Manage contractual correspondence, variations, change orders, and claims to protect client and project interests.
- Ensure that contractual activities comply with applicable FIDIC provisions, bespoke contract conditions, and relevant Saudi Arabian legal requirements.
- Coordinate with project teams and commercial stakeholders to address contractual issues and manage associated risks.
- Support the resolution of complex contract administration matters and commercial disputes.
- Maintain effective contract management controls and documentation throughout project execution.
Cost Management and Financial Performance
- Establish and manage project budgets, cost plans, and financial forecasts for major programs with values reaching billions of Saudi riyals or US dollars.
- Oversee commercial cost reporting and monitor financial performance across assigned work packages.
- Coordinate value engineering initiatives to identify opportunities for improved project value and cost efficiency.
- Support whole-life cost assessments and commercial evaluations.
- Analyze financial risks and opportunities and recommend strategies to improve commercial margins and cost performance.
- Monitor significant commercial cost drivers and support appropriate management responses.
- Provide commercial and financial input to funding, investment, and due diligence activities when required.
- Support informed financial decision-making through accurate commercial analysis and reporting.
Procurement and Supply Chain Commercial Management
- Develop procurement strategies for major project packages, including civil works, mechanical, electrical and plumbing systems, infrastructure, technology, and hospitality-related packages.
- Oversee contractor and supplier prequalification processes.
- Direct tendering, bid evaluation, and contract award activities to support compliance and best-value outcomes.
- Coordinate commercial procurement requirements with relevant project stakeholders.
- Establish and maintain professional relationships with contractors, consultants, and suppliers.
- Support performance-driven commercial relationships throughout procurement and project delivery.
- Contribute to localization objectives and local content initiatives aligned with Saudi Vision 2030.
Commercial Risk and Governance
- Identify, evaluate, and manage commercial risks across the project portfolio.
- Develop and implement risk mitigation strategies, contingency measures, and appropriate commercial controls.
- Maintain reliable commercial audit trails and support compliance with corporate governance requirements.
- Provide commercial input to project risk registers, change control procedures, and scenario planning.
- Monitor commercial exposure arising from contract variations, procurement decisions, and project developments.
- Ensure that commercial activities comply with applicable laws, regulations, contractual obligations, and relevant international standards.
- Support the development and implementation of commercial policies, procedures, and management tools.
- Promote ethical commercial practices, accountability, and transparency across project activities.
Stakeholder Management and Executive Reporting
- Act as a key commercial interface between clients, project management offices, consultants, contractors, and regulatory authorities.
- Maintain effective communication with senior project stakeholders on commercial and contractual matters.
- Prepare and present commercial performance reports, management dashboards, and strategic recommendations.
- Provide executive-level commercial information to senior management and boards.
- Support the management of complex stakeholder expectations and commercial priorities.
- Participate in negotiations and discussions concerning significant commercial issues.
- Assist with conflict resolution and the development of practical solutions to contractual and commercial challenges.
- Communicate commercial risks, financial performance, and recommended management actions clearly to relevant decision-makers.
What Required Skills You 'LL Bring
- Bachelor 's degree in Quantity Surveying, Commercial Management, Construction Management, Engineering, Finance, or a related discipline.
- Minimum 10 years of professional experience in commercial or contract management within large-scale construction, infrastructure, or real estate projects.
- Proven experience working on mega or giga projects, preferably within the Gulf Cooperation Council (GCC) region.
- Strong practical knowledge of FIDIC contracts and major international standard forms of contract.
- Demonstrated experience leading commercial teams on projects with values exceeding 1 billion.
- Experience managing complex commercial and contractual responsibilities across major project environments.
- Ability to oversee contract management, commercial governance, and financial performance across multiple workstreams.
What Desired Skills You 'LL Bring
- Master 's degree in a relevant discipline, such as an MBA or MSc in Construction Law or Commercial Management.
- Professional membership with the Royal Institution of Chartered Surveyors (RICS), Chartered Institute of Building (CIOB), Chartered Institute of Arbitrators (CIArb), or an equivalent professional organization.
- Previous experience working in Saudi Arabia, including familiarity with local regulations, procurement practices, and Vision 2030 initiatives.
- Advanced commercial, financial, and contractual knowledge.
- Strong negotiation and influencing skills when engaging senior stakeholders.
- Excellent analytical capabilities, including the ability to interpret complex financial and commercial information.
- Strong written and verbal communication skills, with the ability to prepare concise executive-level reports.
- Demonstrated leadership capabilities and experience managing multidisciplinary teams.
- Strategic thinking and the ability to balance commercial risks, costs, schedules, and quality objectives.
- Strong problem-solving and decision-making abilities in demanding project environments.
Commercial Leadership for Giga Projects
The Commercial Manager will play a central role in managing the commercial requirements of a major giga project in Riyadh. The position involves balancing contractual obligations, financial performance, procurement strategies, and project risks while maintaining alignment with client expectations and organizational objectives. Strong commercial leadership will be essential when coordinating multiple high-value contract packages, negotiating complex agreements, and supporting commercial decisions throughout the project lifecycle.
Contractual Governance and Financial Control
Effective contract administration and financial governance are fundamental responsibilities of this position. The successful candidate will oversee contract compliance, cost planning, financial forecasting, variations, claims, and procurement-related commercial activities. The role also requires maintaining appropriate controls, transparent reporting, and structured risk management procedures to support responsible commercial decision-making.
Saudi Vision 2030 and Local Content
The Commercial Manager will support project commercial activities in alignment with relevant Saudi Arabian regulatory requirements and Vision 2030 objectives. This includes contributing to procurement strategies that consider localization and local content initiatives while maintaining commercial performance, compliance, and project delivery requirements.
Why Join Parsons
Parsons offers opportunities to contribute to complex, high-value projects while collaborating with experienced commercial, engineering, procurement, and project management professionals. The company encourages innovation, collaboration, employee wellbeing, and professional growth. This position provides an opportunity to apply senior commercial management expertise to a major development project in Saudi Arabia.
About Parsons
Parsons Corporation promotes a professional environment guided by its commitment to valuing people, embracing agility, and fostering growth. The company supports equal employment opportunity across all job levels and encourages employees to contribute their technical knowledge, commercial expertise, and professional experience.
Parsons advises applicants to remain alert to fraudulent recruitment practices. Information about recruitment fraud and reporting procedures is available at https://www.parsons.com/fraudulent-recruitment/