Senior Commercial Manager

Position: Senior Commercial Manager

Location: Riyadh, Saudi Arabia

Condition #1: For IMMEDIATE Hire (Candidates with a Short Notice Period will be prioritized)

Condition #2: Transferable Iqama (Candidates currently in Saudi Arabia and holding a transferable Iqama will be prioritized)

Working with FEMCO & Sasel Saudi Consortium as a Senior Commercial Manager, you will play a crucial role in overseeing and managing financial aspects of infrastructure construction project in a groundbreaking development at Diriyah Gate. Your primary responsibility will be to ensure accurate commercial management, cost estimation, budgeting, and financial control throughout the project lifecycle. The ideal candidate will possess strong construction industry knowledge, exceptional financial acumen, and the ability to collaborate effectively with various stakeholders to achieve project objectives within budgetary constraints. Extensive working experience with well-known global PMC and Consultancy companies as a contractor in Saudi market is highly essential.

Key Responsibilities

• Provide cost and commercial services in the delivery of pre- and post-contract projects.
• Work post-contract including commercial management, contract administration, preparing cash flow reports, drafting monthly payment recommendations and weekly commercial dashboards, conducting site surveys with project teams, managing variations and assisting in closing out projects and claims and variations.
• Deliver post-contract duties including payment certification and cost reporting.
• Manage and update project budgets and issue client cost reports.
• Take suitable commercial meeting minutes.
• Work closely with clients, design teams and contractors to optimize solutions.
• Provide regular reports and analysis to management and clients regarding project performance.
• Attend and contribute to regular commercial meetings with the client and contractors.
• Carry out cost estimates for alternative design and buildability solutions.
• Commercial Risk Reporting
• Preparing and maintaining Monthly Cost Reporting
• Change Management
• Claims Management (EOT and Cost, inclusive reviews and validations)
• Monthly Cashflow Analysis and Reporting
• Value Engineering costing & validation
• Final Accounts & Close Out of Contracts
• Manage and oversee site and off-site quantity take off; verifications of quantities of all MEP, civil, architectural services and confirmation with regards to payments and variation works.

• 15 years of experience in the Commercial Management and Administration of FIDIC Contracts, especially in Infrastructure Projects,
• 5 Years minimum of Commercial Manager experience,
• 7 years minimum of Quantity Surveying experience,
• Must have Certifications and Licenses for MRICS, CIOB, Quantity Surveying,
• Must have a high proficiency in Change and Claims Management and their Administration,
• Must have experience in management and administration of work packages,
• Must be have had direct exposure to construction pricing in the Saudi market,
• Must have experience in claims management and administration,
• Thorough knowledge of project procurement and differing routes available,
• Familiarity with construction costs, materials, building regulations, and industry standards,
• Excellent interpersonal and communications skills,
• Strong organizational and problem-solving abilities,
• Attention to detail and a high level of accuracy,
• Strong team player with the ability to build relationships,
• Ability to take initiative and work proactively,
• Ability to work through periods of high workload,
• Ability to maintain confidentiality and handle sensitive information,
• Ability to work flexible schedules to ensure successful and timely delivery of projects,
• Understanding of regional business culture and regulations,
• Microsoft Office programs to an advanced level,
• Fluency in English, written and verbal.