Senior Manager - Commercial Racecourse - SPA 290
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Key skills for this role
About the Role
Qiddiya Investment Company seeks a Senior Manager - Commercial for the Racecourse project to lead procurement and commercial management of approximately SAR 3 billion in Provisional Sum works packages.
Key Skills for This Role
Responsibilities
- Lead and oversee procurement and commercial management activities across approximately SAR 3 billion 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 Schedule 28 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 the 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 prequalify 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
Requirements
- 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
Full Job Posting
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 3 billion 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
- The successful candidate will lead a team of Commercial Leads embedded across five delivery streams, overseeing 20–30 packages each, and managing a total scope of up to 75 procurement packages.
- You will be responsible for the full commercial lifecycle from procurement strategy through to final account, working closely with the Management Contractor, design teams, and internal governance functions to protect QIC's commercial interests at every stage.
Key Responsibilities
- Lead and oversee procurement and commercial management activities across approximately SAR 3 billion 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 Schedule 28 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 the 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 prequalify 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.
Requirements
- 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.
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