Commercial Manager
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Position overview:
We are seeking an experienced Commercial Manager to join our FIDIC Engineer and Project Management Consultancy (PMC) team for the prestigious Diriyah Square development. This role requires a seasoned professional with extensive experience in large-scale construction projects operating under FIDIC contract conditions, with specific responsibility for commercial oversight, cost management, and coordination with the project's cost consultant.
Key responsibilities:
Commercial management
Provide comprehensive commercial management services as part of the FIDIC Engineer and PMC team for Diriyah Square development
Administer FIDIC contract conditions, ensuring compliance with contractual obligations and procedures
Review, evaluate, and make recommendations on contractor payment applications, variations, claims, and extensions of time
Manage the commercial aspects of multiple work packages and contracts simultaneously
Prepare and present commercial reports to senior management and clients
Identify commercial risks and opportunities, implementing mitigation strategies
Cost consultant oversight
Provide direct oversight and management of the appointed cost consultant
Review and validate cost consultant deliverables including valuations, cost reports, and change order assessments
Ensure cost consultant performance meets project requirements and quality standards
Coordinate cost management activities between the cost consultant, contractors, and client
Challenge and verify cost consultant recommendations and cost forecasts
Contract administration
Lead the administration of FIDIC-based contracts including Red Book, Yellow Book, or Silver Book conditions
Issue Engineer's instructions, determinations, and certificates in accordance with FIDIC procedures
Evaluate and negotiate contractor claims for additional time and money
Manage variation order processes from inception through approval and implementation
Maintain comprehensive contract documentation and records
Financial management
Monitor project budgets and financial performance against approved baselines
Prepare cash flow forecasts and expenditure projections
Review and approve interim payment certificates
Manage final account processes and close-out procedures
Ensure accurate and timely financial reporting
Stakeholder management
Act as key commercial interface between client, contractors, consultants, and PMC team
Facilitate commercial meetings and dispute resolution discussions
Provide commercial advice and support to the Engineer and PMC leadership
Build and maintain strong working relationships with all project stakeholders
Required qualifications:
Education
Bachelor's degree in Quantity Surveying, Construction Management, Civil Engineering, or related discipline
Professional qualification (MRICS, CIOB, or equivalent) highly desirable
Experience
Minimum 12-15 years of commercial management experience in construction and infrastructure projects
Substantial experience working under FIDIC contract conditions as part of an Engineer or PMC team
Proven track record managing commercial aspects of mega-projects (US$500M+)
Experience in the Middle East/GCC region, preferably Saudi Arabia
Demonstrated experience providing oversight of cost consultants or quantity surveying teams
Experience in mixed-use, hospitality, or master-planned community developments preferred
Technical skills
Expert knowledge of FIDIC contract conditions (Red, Yellow, Silver Books)
Strong understanding of construction methodologies, programming, and cost management principles
Proficient in contract administration procedures and commercial risk management
Experience with project management and cost control software
Advanced proficiency in Microsoft Office suite
Personal attributes
Strong analytical and problem-solving capabilities
Excellent negotiation and conflict resolution skills
Outstanding written and verbal communication skills in English (Arabic language skills advantageous)
Ability to work effectively under pressure and meet tight deadlines
High degree of commercial acumen and business awareness
Strong attention to detail and commitment to quality
Collaborative team player with leadership capabilities
Working conditions:
Location: Diriyah, Riyadh, Saudi Arabia
Project duration: Long-term assignment (minimum 2-3 years)
Full-time position requiring site presence and occasional extended hours
Some regional travel may be required
Location:
On-site – Riyadh, SAU
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!
At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.
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