Utilize your skills and become part of the dynamic real estate division of a leading group of companies in Dammam, Saudi Arabia.
As a Commercial Manager, you will play a critical role in overseeing the financial and contractual aspects of our construction projects. You will ensure profitability, manage project costs, and protect the company’s commercial interests. This role requires strong commercial acumen, deep knowledge of contract management, and the ability to liaise effectively with internal teams and external stakeholders.
Key Accountabilities
The position involves:
- Leading all commercial and contractual functions for construction projects, including cost control, procurement, and risk management.
- Preparing and reviewing budgets, forecasts, and financial reports to ensure projects remain financially viable.
- Managing pre- and post-contract activities, including tendering, bid analysis, contract negotiation, and claims resolution.
- Overseeing project cash flow, invoicing, and payment applications in coordination with the finance team.
- Monitoring project performance and profitability, ensuring adherence to budget and contractual terms.
- Managing subcontractor agreements and ensuring scope, pricing, and performance align with project needs.
- Supporting the project team in resolving disputes, variations, and claims in a commercially sound manner.
- Collaborating with legal, technical, and operational departments to ensure compliance with contract terms and risk mitigation.
- Ensuring accurate and timely reporting to senior management on project status, cost implications, and commercial risks.
- Keeping up to date with market trends, legal regulations, and industry best practices to guide strategic decision-making.
Knowledge, Skills, and Experience
We are Looking for:
- Bachelor’s degree in Civil Engineering, Quantity Surveying, or Construction Management (Master’s or MBA is an advantage).
- 10+ years of experience in commercial management within the construction industry, including large-scale infrastructure or building projects.
- Proven experience in contract administration, procurement, cost control, and dispute resolution.
- Deep understanding of FIDIC and other standard forms of contracts.
- Strong analytical, negotiation, and financial management skills.
- Proficiency in commercial management software (such as Candy, CCS, or equivalent).
- Excellent communication and stakeholder management skills.
- Strong leadership skills and the ability to manage cross-functional teams.
- Fluency in English is required.