Senior Commercial Manager
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Key skills for this role
About the Role
Oversee commercial reporting, manage complex contracts, mitigate risks, and lead a team to ensure project profitability and compliance.
Key Skills for This Role
Responsibilities
- Oversee all commercial reporting, including cost planning, budgeting, cash flow forecasting, and Earned Value Analysis (EVA)
- Administer complex contracts (FIDIC, NEC, or bespoke), ensuring full adherence to contractual obligations and KSA procurement laws
- Proactively identify contractual and financial risks and develop robust strategies to protect interests
- Lead the assessment, negotiation, and resolution of significant variations, change orders, and potential disputes
- Act as the primary commercial point of contact for the Client, government authorities, and major subcontractors
- Mentor and lead a team of Quantity Surveyors and Cost Engineers
- Develop and implement commercial & contract management strategies to achieve project objectives
- Ensure compliance with contractual terms and conditions, including managing claims, variations, and disputes
- Lead the development and management of project budgets, ensuring alignment with financial goals
- Monitor project costs and implement robust cost control measures to prevent overruns
- Prepare detailed financial reports, forecasts, and cost analysis for senior management and stakeholders
- Coordinate with procurement team and ensure alignment with project requirements
Requirements
- Extensive experience in commercial management on large scale infrastructure projects
- Experience with complex contracts (FIDIC, NEC, or bespoke)
- Knowledge of KSA procurement laws
- Proven ability to lead and mentor a team of Quantity Surveyors and Cost Engineers
- Strong financial analysis and reporting skills
- Excellent negotiation and communication skills
Full Job Posting
Job Overview
- Parsons is looking for an amazingly talented Senior Commercial Manager to join our team!
- In this role you will act as the vital link between project delivery and financial viability, ensuring that one of the world's most ambitious infrastructure developments remains profitable, compliant, and on track.
- You will join a multidisciplinary 'Delivery Partner' team, navigating complex Design Build environments and managing high value contract portfolios that define the future of the Kingdom.
What You'll Be Doing
- Oversee all commercial reporting, including cost planning, budgeting, cash flow forecasting, and Earned Value Analysis (EVA).
- Administer complex contracts (FIDIC, NEC, or bespoke), ensuring full adherence to contractual obligations and KSA procurement laws.
- Proactively identify contractual and financial risks early in the project lifecycle and develop robust strategies to protect both Parsons' and the Client's interests.
- Lead the assessment, negotiation, and resolution of significant variations, change orders, and potential disputes.
- Act as the primary commercial point of contact for the Client, government authorities, and major subcontractors to drive value optimization.
- Mentor and lead a team of Quantity Surveyors and Cost Engineers, fostering a culture of professional integrity and technical excellence.
- Provide strategic direction and leadership for all commercial & contract management activities across the project.
- Develop and implement commercial & contract management strategies to achieve project objectives, output deliverables in a timely manner, and maximize value.
- Review Contractor's and Client's Change requests, develop and manage all of the relevant change management documentation up to finalizing EI's and VO's.
- Ensure compliance with contractual terms and conditions, including managing claims, variations, and disputes.
- Provide expert advice on contract interpretation and risk mitigation strategies.
- Lead the development and management of project budgets, ensuring alignment with financial goals.
Additional Responsibilities
- Monitor project costs and implement robust cost control measures to prevent overruns.
- Prepare detailed financial reports, forecasts, and cost analysis for senior management and stakeholders.
- Coordinate with procurement team and ensure the activities align with project requirements and organizational policies.
- Develop and maintain strong relationships with suppliers and contractors to ensure optimal performance.
- Identify, assess, and mitigate commercial risks throughout the project lifecycle.
- Develop contingency plans to address potential financial and contractual challenges.
- Lead and mentor the commercial team, fostering a culture of collaboration and excellence.
- Provide training and guidance to team members to enhance their skills and performance.
- Collaborate with internal and external stakeholders, including clients, contractors, and consultants, to ensure alignment on commercial matters.
- Represent the project in commercial discussions and negotiations with stakeholders.
- Ensure adherence to legal, regulatory, and contractual requirements.
- Prepare and present comprehensive commercial reports to stakeholders and senior management.
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