Manager - Commercial (CDU4) 20004155

Qiddiya is Saudi Arabia’s flagship destination for entertainment, sports, and culture — a cornerstone of Vision 2030 located just outside Riyadh. Spanning over 360 km², it will feature world-class attractions including a Formula 1-grade racetrack, theme parks, major sports venues, and performance spaces. More than a destination, Qiddiya is a catalyst for economic diversification, job creation, and a new way of life. With construction progressing rapidly, we’re looking for driven professionals ready to help shape one of the world’s most ambitious developments. Every role here has real impact — from planning and design to delivery and operations. If you're motivated by large-scale challenges and lasting legacy, there’s a place for you at Qiddiya. 

Essential Duties and Responsibilities

·       Assist in preparation of business cases for new items of work.

·       Collaborate with project stakeholders to develop and implement procurement strategies.

·       Develop and manage tender documentation, including pricing schedules and contract terms.

·       Assist in the review of financial proposal tender returns.

·       Conduct thorough cost analyses and feasibility studies to support project decision-making.

·       Evaluate contractor bids and provide recommendations for contract awards.

·       Negotiate contract terms and conditions to optimize project outcomes.

·       Ensure that letters of award and regret letters are issued to bidders

·       Conduct contract handover meetings with the client’s procurement team and produce minutes of the meeting.

·       Ensure performance bonds and advance payment bonds are received and in place for awarded contract and maintain a database for same.

·       Issue notices to proceed in accordance with the contract.

·       Review and approve subcontractors or subconsultants in line with contractual requirements.

·       Monitor and report on project costs, budgets, and financial forecasts throughout the project lifecycle.

·       Manage contractual relationships with contractors and suppliers, ensuring compliance with contract

·       Identify and assess risks associated with project execution and recommend mitigation strategies.

·       Handle variations, claims, and disputes in collaboration with project teams.

·       Provide regular updates to senior management on commercial performance and key issues.

·       Ensure timely processing of interim payment applications (IPA) and interim payment certificates (IPC).

·       Issue notices for delays and deduct penalties as per contract terms.

·       Perform contract closeout tasks and update the contracts register upon final discharge.

·       Ensure retention monies are released, and bonds or securities are returned in accordance with the contract.

·       Liaise with QIC internal teams, including procurement, legal and finance, to ensure alignment to commercial objectives.

·       Foster positive relationships with external stakeholders, including clients, contractors, and regulatory bodies.

·       Develop and maintain weekly action plans for live tasks.

·       Regular commercial meetings with contractors/consultants to ensure proactive management of commercial actions.

·       Monthly cash flow reporting and updates to the contracts register for inclusion in the monthly report.

·       Ensure timely correspondence management – ensure responses are issued in line with contractual deadlines

·       Oversee workload and commitments of Assistant Commercial Manager, and support their professional development

·       Minimum of 8 years of proven experience in commercial management

·       Strong understanding of construction contracts, commercial law, and risk management principles.

·       Bachelors Degree in Quantity Surveying or Equivalent

·       Excellent negotiation, communication, and interpersonal skills.

·       Proficient in financial management and cost control, with good analytical and problem-solving abilities.

·       Ability to work independently and as part of a team