Senior Manager - Commercial

Qiddiya Investment Company; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading development firm in Saudi Arabia is seeking a Senior Manager - Commercial to drive their commercial strategy and oversee financial performance. The ideal candidate will have 10-12 years of experience in commercial management, particularly in the real estate or large-scale development sectors. Responsibilities include executing commercial strategies, conducting market analysis, managing project budgets, and leading a team of professionals to ensure successful delivery of innovative projects.

Benefits

Comprehensive benefits package

Qualifications

• Bachelor's degree in Business Administration, Finance, Economics, or a related field.
• 10-12 years of experience in commercial management, ideally in real estate or development sectors.
• Proven success in developing and executing commercial strategies.

Responsibilities

• Execute commercial strategies that align with organizational objectives.
• Conduct market analyses to identify business opportunities.
• Prepare and negotiate contracts with stakeholders.
• Monitor project budgets and financial performance.

Skills

Commercial strategy development

Market analysis

Contract negotiation

Financial performance management

Team leadership

Excellent communication

Analytical skills

Project management tools proficiency

Education

Bachelor's degree in Business Administration

Job description

Qiddiya Investment Company is excited to welcome an accomplished professional to join our team as a Senior Manager - Commercial.

In this key role, you will play a crucial part in driving our commercial strategy, overseeing financial performance, and supporting cross-functional teams to ensure the successful delivery of our innovative projects.

Responsibilities

• Execute commercial strategies that align with the overall organisational objectives and enhance project profitability.
• Conduct detailed market analyses to identify business opportunities, evaluate competitive positioning, and inform strategic choices.
• Work closely with project teams to ensure commercial considerations are integrated throughout project lifecycles.
• Prepare and negotiate contracts with stakeholders, ensuring alignment with legal and regulatory standards.
• Monitor and manage project budgets, forecasts, and financial performance against set targets, implementing corrective actions as necessary.
• Foster relationships with external partners, clients, and internal stakeholders to ensure seamless collaboration.
• Lead, mentor, and develop a team of commercial professionals, driving a culture of excellence and innovation.
• Create and present reports to senior management, detailing project commercial performance, risks, and recommendations.
• Stay abreast of industry trends and best practices, applying insights to enhance commercial strategies.

Benefits

• Comprehensive benefits package

Qualifications

• Bachelor's degree in Business Administration, Finance, Economics, or a related field.
• At least 10-12 years of experience in commercial management, ideally within the real estate, entertainment, or large-scale development sectors.
• Demonstrated success in developing and executing commercial strategies that drive business growth.
• Strong analytical skills, with the ability to interpret complex financial data and make strategic decisions.
• Excellent communication and negotiation skills, capable of interacting effectively with diverse stakeholders.
• Proven leadership abilities with experience in managing and developing high-performing teams.
• Ability to thrive in a fast-paced and evolving work environment.
• Proficiency in commercial and project management tools and software.