Senior Commercial & Cost Manager

JASARA PMC; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading construction management firm in Saudi Arabia is seeking a Senior Commercial & Cost Manager to oversee all commercial and cost-related activities across various projects. This role requires a Bachelor's degree and at least 15 years of experience in commercial management, particularly in large-scale projects. The successful candidate will manage budgets, conduct cost analyses, and navigate complex negotiations to ensure project success. Competitive salary and benefits are offered, along with the chance to work in a dynamic environment.

Benefits

Competitive salary and benefits package

Collaborative and supportive team environment

Qualifications

• Minimum of 15 years of experience in commercial and cost management.
• Preferably experience in construction or engineering sector on large-scale projects.
• Strong knowledge of contract law and commercial practices.

Responsibilities

• Develop and manage project budgets and financial plans.
• Conduct comprehensive cost analyses and prepare financial reports.
• Provide guidance on commercial negotiations and contract management.
• Oversee procurement processes and manage supplier relationships.
• Identify and mitigate financial risks throughout the project lifecycle.
• Support project teams with financial decision-making.

Skills

Financial analysis

Negotiation skills

Interpersonal skills

Analytical skills

Education

Bachelor's degree in Finance, Engineering, or a related field

Tools

Project management software

Microsoft Office Suite

Job description

JASARA PMC is seeking a highly skilled Senior Commercial & Cost Manager to join our dynamic team. In this pivotal role, you will be responsible for managing and overseeing all commercial and cost-related activities across various projects. Your expertise will ensure accurate budgeting, financial forecasting, and cost control, contributing significantly to the successful delivery of projects. You will collaborate closely with project managers and stakeholders, implementing effective commercial strategies and ensuring compliance with contractual obligations.

Key Responsibilities

• Develop and manage project budgets and financial plans, ensuring adherence to cost management principles.
• Conduct comprehensive cost analyses and prepare detailed financial reports for management review.
• Provide guidance on commercial negotiations and contract management to ensure favorable terms.
• Oversee procurement processes and relationship management with suppliers and subcontractors.
• Identify and mitigate financial risks throughout the project lifecycle.
• Support project teams with financial decision-making and strategic planning.
• Monitor, evaluate, and report on project financial performance, implementing corrective actions as necessary.

Competitive Salary and Benefits

Competitive salary and benefits package. Opportunity to work in a dynamic and growing organization. Be part of a collaborative and supportive team.

Qualifications

• Bachelor's degree in Finance, Engineering, or a related field.
• A minimum of 15 years of experience in commercial and cost management, preferably in the construction or engineering sector on large-scale projects.
• Strong knowledge of contract law and commercial practices.
• Proficient in financial analysis, budgeting, and cost modeling.
• Excellent negotiation, communication, and interpersonal skills.
• Demonstrated ability to lead teams and manage multiple projects effectively.
• Proficiency in project management software and Microsoft Office Suite.
• Strong analytical and problem-solving capabilities.