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Commercial Manager

Parsons Corporation
Riyadh, Saudi Arabia Listed 1 month ago via Naukrigulf

Job Overview

Company Industry ConstructionCivil Engineering
Department / Functional Area Administration
Keywords Commercial Manager

In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what s possible.

Job Description

Parsons is looking for an amazingly talented Commercial Manager to join our team! In this role you will lead and manage the project's commercial function, including contract administration, cost control, variations, commercial claims and reporting across a major airport infrastructure project. What You ll Be Doing Lead and manage the project commercial function and commercial team. Develop and implement the Project Commercial Management strategy and procedures. Manage the commercial performance of the project against approved budgets, forecasts, and contractual requirements. Review and interpret contract conditions, scope requirements, commercial obligations, and entitlement provisions. Monitor contractual compliance and ensure commercial obligations are identified and managed. Establish and maintain effective commercial controls, processes, and reporting systems. Lead the preparation, review, and management of project budgets, forecasts, and commercial reports. Monitor project cost performance and identify potential cost overruns, savings, and commercial risks. Manage the commercial aspects of variations, change orders, claims, and additional works. Review and assess entitlement, scope changes, valuation principles, and associated cost impacts. Lead negotiations with Client, Consultant, Contractors, Subcontractors, and Suppliers on commercial matters. Review and evaluate Contractor and Subcontractor claims and commercial submissions. Coordinate with Planning and Project Controls teams to assess time and cost impacts associated with changes and claims. Ensure appropriate contractual notices are issued within required contractual timeframes. Monitor commercial correspondence, notices, claims, variations, and contractual commitments. Establish and maintain Variation and Claims Registers. Review and approve commercial evaluations, cost build-ups, and supporting documentation. Lead commercial negotiations for major variations, claims, and subcontractor issues. Support the preparation of Extension of Time (EOT) claims and associated commercial assessments. Review project risks and opportunities from a commercial perspective and develop mitigation strategies. Monitor cash flow, payment applications, invoicing, retention, bonds, guarantees, and other financial obligations. Review and manage interim payment applications and payment certifications. Monitor accounts receivable and support timely resolution of payment issues. Ensure accurate forecasting of project revenue, costs, margin, and cash flow. What Required Skills You ll Bring Bachelor's Degree in Quantity Surveying, Commercial Management, Civil Engineering, Construction Management, or a related discipline. Minimum 15 years of relevant commercial experience on major construction, infrastructure, airport, or multidisciplinary projects. Proven experience in commercial management, contract administration, cost control, variations, claims, and negotiations. Strong knowledge of construction contracts and commercial principles. Experience managing major main contracts and multiple subcontract packages. Strong experience in evaluating variations, claims, EOTs, and commercial entitlements. Experience working with Clients, Consultants, Contractors, Subcontractors, and Suppliers. Strong understanding of project cost control, forecasting, cash flow, and financial reporting. Experience on major airport / infrastructure projects is highly desirable. Strong knowledge of FIDIC or other international construction contract forms. Professional qualification such as MRICS, RICS, CIQS, or equivalent is preferred. Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information. We truly invest and care about our employee s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest APPLY TODAY! Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/ .

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  • CompanyParsons Corporation
  • LocationRiyadh, Saudi Arabia
  • CategoryCybersecurity
  • SourceNaukrigulf
  • Listed1 month ago

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