Senior Commercial Manager - Giga Projects

Parsons; Riyadh; On-site; SAR 502,000 - 725,000; Full time

Job summary

Parsons Corporation seeks a Senior Commercial Manager for a giga project in Riyadh, Saudi Arabia. The role oversees commercial strategy, contract administration, cost governance, procurement, claims, risk management, and value optimization across a multi-billion program.

The ideal candidate will have 15+ years in commercial leadership within major construction, be adept with FIDIC contracts, and drive procurement and governance to protect value while supporting Saudi Vision 2030 priorities.

Qualifications

• Bachelor-level degree in a relevant discipline with strong commercial exposure.
• Minimum 15 years of commercial or contract management experience in major construction or real estate developments.
• Experience on mega/giga projects and in Saudi Arabia or GCC region is preferred.

Responsibilities

• Lead development and implementation of the commercial strategy across major project packages.
• Establish commercial governance principles, controls, and reporting frameworks.
• Lead negotiations for high-value contracts and framework agreements.
• Oversee cost management, procurement strategies, and tender processes.
• Mentor the commercial team and ensure alignment with Saudi regulations and Vision 2030 objectives.

Skills

Commercial management

Contract administration

FIDIC contracts

Contract negotiation

Cost control

Procurement strategy

Budget management

Stakeholder management

Education

Bachelor's degree in Quantity Surveying/Commercial Management/Construction Management/Engineering/Finance

Job description

Senior Commercial Manager - Giga Projects Job Snapshot Role: Senior Commercial Manager - Giga Projects Location: Riyadh, Saudi Arabia Industry: Construction Function: Contracts Administration Experience: Minimum 15 years Job Type: Full-time Position Overview Senior Commercial Manager - Giga Projects in Riyadh, Saudi Arabia is a senior Construction opportunity responsible for commercial strategy, contract administration, cost governance, procurement, claims, risk management, and value optimization across a large-scale giga project. Parsons Corporation is hiring an experienced commercial leader to manage multi-billion-value programs, strengthen contractual controls, lead negotiations, oversee cost performance, and support strategic project delivery in alignment with client objectives and Saudi Vision 2030 priorities.

Job Details Country: Saudi Arabia City: Riyadh Industry: Construction Function: Contracts Administration Salary: 45000-65000 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 Senior Commercial Manager will take a leadership role across the complete commercial lifecycle of a major development program, connecting contracts, procurement, cost management, claims, risk, and financial performance within a single governance framework. The position will influence major commercial decisions from procurement strategy and contract award through change management, claims resolution, forecasting, and final account activities. Strong commercial leadership will help protect project value, control financial exposure, improve contractor performance, and support transparent decision-making across complex packages and stakeholder relationships.

Key Responsibilities

Lead development and implementation of the commercial strategy across major project packages and workstreams.

• Establish commercial governance principles, procedures, controls, reporting requirements, and approval workflows.
• Lead multidisciplinary commercial teams covering contracts, procurement, quantity surveying, claims, and cost management.
• Provide strategic commercial advice to project leadership and client representatives.
• Standardize commercial processes across the program to improve consistency, transparency, and control.
• Oversee the complete contract lifecycle for consultancy, EPC, Design-Build, construction, and subcontract agreements.
• Lead negotiation of high-value contracts, framework agreements, strategic partnerships, and major procurement packages.
• Review contractual terms and identify obligations, liabilities, commercial exposure, and opportunities.
• Manage variations, change orders, contractual correspondence, claims, and entitlement assessments.
• Protect client and project interests through accurate records, timely notices, and disciplined contract administration.
• Ensure commercial practices remain aligned with FIDIC conditions, bespoke contract requirements, and applicable Saudi regulations.
• Establish and manage project budgets, commercial forecasts, cost plans, and financial reporting structures.
• Monitor expenditure against approved budgets and identify emerging cost pressures at an early stage.
• Oversee cost reporting across multiple packages and provide reliable forecasts to senior management.
• Lead value engineering and whole-life cost initiatives aimed at improving project value without weakening quality or performance.
• Analyze financial risks, commercial opportunities, and potential margin impacts.
• Recommend corrective strategies when cost, contractual, or procurement performance deviates from expectations.
• Support investment reviews, funding assessments, and commercial due diligence where required.
• Develop procurement strategies for major civil, MEP, infrastructure, technology, hospitality, and specialist packages.
• Oversee contractor and consultant prequalification processes.
• Manage tender preparation, bid evaluations, commercial clarifications, negotiations, and award recommendations.
• Ensure procurement decisions demonstrate value, compliance, commercial robustness, and appropriate risk allocation.
• Develop productive relationships with major contractors, consultants, suppliers, and strategic partners.
• Support local content, localization, and Saudi Vision 2030 objectives through appropriate procurement and commercial strategies.
• Maintain a structured commercial risk register covering contractual, cost, procurement, claims, and supplier risks.
• Develop mitigation strategies and appropriate commercial contingencies.
• Provide commercial input into project-wide risk registers, scenario planning, and change control procedures.
• Ensure robust audit trails are maintained for contracts, approvals, payments, changes, and commercial decisions.
• Act as a senior commercial interface between the client, PMO, consultants, contractors, suppliers, and regulatory stakeholders.
• Lead resolution of complex commercial disputes and support negotiations where stakeholder positions conflict.
• Prepare executive-level commercial reports, dashboards, financial summaries, and strategic recommendations.
• Present commercial status, risks, forecasts, and decisions to senior management and governance boards.
• Monitor contractor and consultant commercial performance against contractual obligations.
• Support payment certification, cost reconciliation, final account negotiations, and commercial closeout activities.
• Develop and improve commercial policies, templates, systems, and management tools.
• Ensure commercial decisions comply with organizational governance and relevant legal requirements.
• Promote ethical procurement, transparent negotiations, proper recordkeeping, and accountable commercial practices.
• Mentor commercial team members and strengthen capability across contract management, cost control, procurement, and claims.
• Maintain focus on value, risk, schedule, quality, and long-term project objectives when making commercial recommendations.

Ideal Profile

• Bachelor 's degree in Quantity Surveying, Commercial Management, Construction Management, Engineering, Finance, or a related discipline.
• Minimum 15 years of commercial or contract management experience within major construction, infrastructure, or real estate developments.
• Proven experience on mega or giga projects, ideally within Saudi Arabia or the wider GCC region.
• Demonstrated responsibility for commercial management of projects exceeding 1 billion in value.
• Strong knowledge of FIDIC and other major international forms of contract.
• Extensive experience managing variations, claims, change orders, contractual correspondence, and commercial negotiations.
• Strong background in project budgeting, forecasting, cost reporting, and financial analysis.
• Experience developing procurement strategies and managing high-value tender processes.
• Ability to lead commercial teams covering contracts, procurement, quantity surveying, and claims.
• Advanced understanding of project risk allocation and contractual risk mitigation.
• Strong negotiation and influencing capability at senior stakeholder level.
• Ability to interpret complex financial, contractual, and commercial information and translate findings into practical decisions.
• Strong executive reporting skills with the ability to communicate commercial matters clearly and concisely.
• Prior experience in Saudi Arabia and understanding of local regulations and procurement practices is highly advantageous.
• Familiarity with Saudi Vision 2030 and local content objectives is beneficial.
• Master 's degree such as an MBA, MSc in Construction Law, or MSc in Commercial Management is advantageous.
• Professional membership with RICS, CIOB, CIArb, or an equivalent professional organization is desirable.
• Strong leadership capability with experience developing high-performing multidisciplinary commercial teams.
• Ability to operate effectively in high-pressure environments involving significant financial and contractual exposure.

Skills Set

• Commercial management
• Contract administration
• FIDIC contracts
• Contract negotiation
• Contract strategy
• Claims management
• Change management
• Variation management
• Change orders
• Contractual correspondence
• Commercial governance
• Cost control
• Cost planning
• Budget management
• Cost forecasting
• Financial reporting
• Commercial risk management
• Value engineering
• Whole-life costing
• Procurement strategy
• Tender management
• Bid evaluation
• Contractor prequalification
• Supplier negotiation
• Framework agreements
• EPC contracts
• Design-Build contracts
• Consultancy agreements
• Quantity surveying
• Final accounts
• Payment certification
• Commercial due diligence
• Cost reconciliation
• Risk registers
• Scenario planning
• Commercial reporting
• Executive dashboards
• Stakeholder management
• Contractor management
• Consultant management
• Local content
• Saudi Vision 2030
• Commercial audit trails
• Contract compliance
• Strategic negotiation
• Dispute resolution
• Commercial leadership

Why Join Us

This position provides the opportunity to lead commercial strategy across a high-value giga project in Riyadh where contract structure, procurement decisions, cost discipline, risk management, and commercial negotiations directly influence long-term project success. For an experienced commercial leader, the role offers significant exposure to complex contracts, multi-billion-value budgets, senior stakeholder engagement, and major procurement programs. It also provides an opportunity to contribute to ambitious development initiatives connected with Saudi Arabia 's continuing infrastructure expansion and Vision 2030 transformation.

About the Company

Parsons Corporation delivers engineering, infrastructure, construction management, technology, and program delivery solutions for major developments worldwide. Its teams support complex projects through disciplined commercial governance, contract management, procurement, project controls, and integrated delivery practices designed to protect value and support successful project outcomes.