Senior Manager - Commercial (Residential) (DEL-268)

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

Job summary

A leading investment firm in Saudi Arabia is seeking a Senior Manager – Commercial (Residential) to lead their residential projects. This role involves developing strategies, managing financial planning, and collaborating with teams to ensure project success. The ideal candidate has 10-15 years of experience in commercial management and strong leadership skills, alongside a relevant Bachelor's degree. Join a mission to create a world-class entertainment destination.

Qualifications

• Minimum of 10-15 years of experience in commercial management, focusing on residential projects.
• Member of the Royal Institution of Chartered Surveyors.
• Strong financial acumen with expertise in budget management and financial analysis.

Responsibilities

• Develop and implement commercial strategies tailored to the residential sector.
• Conduct comprehensive market research to identify trends and opportunities.
• Oversee financial planning and budget management for residential projects.

Skills

Financial acumen

Contract negotiation skills

Analytical skills

Leadership skills

Project management

Education

Bachelor's degree in Quantity Surveying, Business, Real Estate, or a related field

Tools

Commercial management software

Project management tools

Job description

Qiddiya Investment Company is seeking an accomplished Senior Manager – Commercial (Residential) to lead our residential projects with a focus on maximizing profitability and delivering quality outcomes. In this key position, you will be pivotal in driving the commercial strategy specific to residential developments, ensuring alignment with our mission to create a world‑class entertainment and lifestyle destination.

Responsibilities

• Develop and implement commercial strategies tailored to the residential sector that align with overall company objectives.
• Conduct comprehensive market research to identify trends, opportunities, and competitive advantages within the residential real estate market.
• Oversee financial planning and budget management for residential projects, including cost forecasting and financial reporting.
• Collaborate closely with design and construction teams to integrate commercial considerations at all project stages.
• Lead negotiations and manage contracts with contractors, suppliers, and stakeholders to ensure favorable terms and conditions.
• Provide mentorship and guidance to a team of commercial professionals, fostering a culture of high performance and continuous improvement.
• Engage with internal and external stakeholders, building strong relationships to facilitate the successful delivery of residential projects.
• Prepare and present comprehensive reports on commercial performance, risks, and strategies to senior management.
• Monitor industry trends and best practices, applying insights to enhance our residential commercial strategies.

Qualifications

• Bachelor's degree in Quantity Surveying, Business, Real Estate, or a related field; relevant professional certifications are a plus.
• Minimum of 10‑15 years of experience in commercial management, focusing on residential projects.
• Member of the Royal Institution of Chartered Surveyors.
• Strong financial acumen with expertise in budget management and financial analysis.
• Demonstrated contract negotiation skills and experience managing complex agreements.
• Excellent analytical and problem‑solving abilities.
• Strong leadership and team management skills with effective communication capabilities.
• Detail‑oriented, organized, and capable of managing multiple projects simultaneously.
• Familiarity with commercial management software and project management tools.