Senior Manager - Commercial Racecourse

Qiddiya Investment Company; Riyadh; On-site; SAR 300,000 - 450,000; Full time

Job summary

Qiddiya Investment Company is seeking a Senior Manager - Commercial for the Racecourse project to oversee procurement and commercial management for SAR 3 billion works. The ideal candidate must have over 10 years of experience in managing commercial teams and procurement within major construction environments, and familiarity with FIDIC-based contracts is preferred.

This leadership role requires strong stakeholder engagement skills and the ability to guide teams through the complexities of large-scale projects, ensuring alignment with procurement governance protocols and timely delivery of project goals.

Qualifications

• Minimum 10+ years of commercial and procurement experience on major construction projects.
• Proven ability to lead large commercial teams.
• Strong experience in managing procurement from strategy to final account.

Responsibilities

• Lead procurement and commercial management activities across SAR 3 billion of works packages.
• Manage and coordinate a team of Commercial Leads and commercial staff.
• Prepare tender reports and governance papers for internal approvals.

Skills

Procurement governance

Contract administration

Commercial negotiations

Stakeholder engagement

Team management

Education

Bachelor's degree in Quantity Surveying or related discipline

MRICS qualification

Tools

Procurement systems

Project management software

Job description

Qiddiya Investment Company invites applications for the position of Senior Manager - Commercial for the Racecourse project. This role is integral to leading and overseeing the procurement and commercial management of approximately SAR 3billion of provisional sum works packages delivered through a Management Contractor under a FIDIC‑based contract within one of our most landmark developments – a world‑class horseracing destination being built as part of the Qiddiya giga‑project.

Key Responsibilities

• Lead and oversee procurement and commercial management activities across approximately SAR 3billion of provisional sum works packages delivered through a Management Contractor under a FIDIC‑based contract.
• Oversee and monitor procurement activities, programmes and package awards undertaken by the Management Contractor, ensuring strict compliance with Schedule28 procurement procedures and project governance requirements.
• Manage and coordinate a team of Commercial Leads and wider commercial staff of approximately 20 people, providing leadership, direction and mentoring throughout the project lifecycle.
• Coordinate with Design Management teams to ensure timely release of IFT information in accordance with approved design release schedules.
• Manage supply chain engagement including EOIs, NDAs, PQQs, market sounding, contractor assessments, interviews and site visits.
• Identify, assess and pre‑qualify suitable contractors and specialist subcontractors across up to 75 procurement packages.
• Lead detailed commercial tender evaluations, tender clarification meetings and commercial negotiations, reviewing submissions, contractual qualifications, deviations and commercial risks.
• Prepare tender reports, governance papers and executive presentations to support internal approvals.
• Work closely with Package Commercial Managers and the Management Contractor throughout the lifecycle of awarded works packages, providing commercial analysis on variations, valuations, claims and other contractual matters.
• Monitor commercial performance, procurement risks and contractor compliance, protecting QIC’s commercial interests through to final account.

Qualifications

• Bachelor's degree (Hons) in Quantity Surveying, Commercial Management, or a related discipline.
• MRICS qualification preferred but not essential.
• Minimum 10+ years of commercial and procurement experience on major construction, infrastructure or giga‑projects, including Management Contracting and FIDIC‑based procurement environments.
• Strong experience in procurement governance, tendering, subcontractor selection, commercial negotiations, contract administration and claims management.
• Proven ability to lead and manage large commercial teams across multiple concurrent packages in a fast‑paced project environment.
• Experience managing procurement through the full lifecycle from strategy and prequalification through to final account and dispute resolution.
• Excellent stakeholder engagement skills, with the ability to interface across design, delivery and governance functions.
• Familiarity with procurement systems, project management software and risk management principles.