Director Commercial - Residential (DEL 192)

Qiddiya Investment Company; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading development firm in Saudi Arabia is seeking an accomplished Commercial Director who specializes in residential projects. In this senior role, you will drive the commercial strategy for residential developments, overseeing all commercial aspects from planning to execution. Ideal candidates will have 15+ years in commercial management within the residential construction sector and possess strong leadership skills.

Benefits

Comprehensive benefits package

Qualifications

• 15 years experience in commercial management within the residential construction sector.
• Member of the Royal Institution of Chartered Surveyors.
• Full lifecycle 'cradle to grave' commercial experience.

Responsibilities

• Develop and implement the commercial strategy for residential developments.
• Manage commercial teams for procurement, contract management, and cost control.
• Lead negotiations with contractors and suppliers.
• Oversee budgeting, forecasting, and financial reporting.
• Ensure compliance with legal and regulatory requirements.
• Identify and manage project risks.
• Foster relationships with stakeholders.
• Provide leadership and mentoring for the commercial team.

Skills

Contract management

Procurement processes

Financial oversight

Negotiations

Stakeholder management

Leadership

Communication

Education

Bachelor's degree in Quantity Surveying or related field

Advanced degrees

Job description

As a pivotal component of Saudi Arabia's transformative vision, Qiddiya Investment Company is looking for an accomplished Commercial Director specializing in Residential projects. In this senior leadership role, you will be entrusted with driving the commercial strategy for our expansive residential development portfolio.

Your primary responsibility will be to oversee all commercial aspects from initial planning through to execution, ensuring that residential projects are delivered on time, within budget, and to the highest quality standards. You will collaborate closely with internal stakeholders, including project management, finance, and legal teams, to enable successful project outcomes while maximizing financial returns.

Responsibilities

• Develop and implement the commercial strategy for residential developments, aligning with Qiddiya's corporate objectives.
• Manage the commercial teams to ensure effective procurement, contract management, and cost control for all residential projects.
• Lead negotiations with contractors, suppliers, and service providers to secure favorable terms and mitigate risks.
• Oversee budgeting, forecasting, and financial reporting for residential projects to ensure they meet financial and timeline targets.
• Ensure compliance with all legal, contractual, and regulatory requirements associated with residential developments.
• Identify and manage risks throughout the project lifecycle and implement necessary mitigation strategies.
• Foster strong relationships with key stakeholders, including government entities, local communities, and regulatory agencies.
• Provide leadership, mentoring, and professional development opportunities for the commercial team.

Qualifications

• Bachelor's degree in Quantity Surveying, Construction Management or Business Administration, or a related field. Advanced degrees are a plus.
• At least 15 years of experience in commercial management within the residential construction sector, full lifecycle "cradle to grave" commercial experience required.
• Member of the Royal Institution of Chartered Surveyors.
• Substantial expertise in contract management, procurement processes, and financial oversight.
• Strong leadership skills with proven ability to manage cross-functional teams.
• Expertise in negotiations and stakeholder management.
• Excellent communication skills, both verbal and written.

Comprehensive benefits package