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Job Description:
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.
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.
What Required Skills You'll Bring:
Bachelor’s degree in Quantity Surveying, Civil Engineering or a related field.
Minimum of 15 years of experience in commercial management across multiple construction sectors.
Extensive knowledge of cost & commercial management principles, procurement processes, and contract management principles.
Proven track record of managing large-scale projects and delivering within budget and schedule.
Familiarity with local regulations, industry standards, and best practices.
Proficiency in project management software and financial tools.
Exceptional communication and leadership skills.
Ability to manage complex stakeholder relationships and resolve disputes effectively.
What Desired Skills You'll Bring:
Professional certification (MRICS) is preferred.
Experience in PMO projects is highly desirable.
Strategic thinking and decision-making capabilities.
Strong analytical and problem-solving skills.
Leadership and team management expertise.
Attention to detail and accuracy in financial reporting.
Ability to work under pressure and manage multiple priorities effectively.
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/.
Skills Required
- Bachelor's degree in Quantity Surveying, Civil Engineering or related field
- Minimum of 15 years of experience in commercial management across multiple construction sectors
- Extensive knowledge of cost and commercial management principles, procurement processes, and contract management
- Experience administering complex contracts such as FIDIC or NEC and ensuring compliance with KSA procurement laws
- Proven track record managing large-scale projects and delivering within budget and schedule
- Proficiency in project management software and financial tools
- Exceptional communication and leadership skills; ability to manage stakeholder relationships and resolve disputes
- Mentoring and leading a team of Quantity Surveyors and Cost Engineers
- Familiarity with local regulations, industry standards, and best practices (KSA)
- Professional certification (MRICS)
- Experience in PMO projects
- Strategic thinking, strong analytical and problem-solving skills
- Attention to detail and accuracy in financial reporting
- Ability to work under pressure and manage multiple priorities
Parsons Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parsons Corporation and has not been reviewed or approved by Parsons Corporation.
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Retirement Support — Retirement programs are framed as a major value driver, with an ESOP alongside a 401(k) match and additional stock-purchase options contributing meaningfully to total rewards. This structure is positioned as especially attractive for employees who value long-term wealth-building over immediate cash.
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Healthcare Strength — Health coverage is described as broad and choice-rich, with multiple plan types (PPO, HDHP, and some HMO networks) plus dental, vision, EAP, and wellness resources. The availability of different plan designs and national-carrier coverage supports varied employee needs.
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Leave & Time Off Breadth — Time-off offerings are portrayed as competitive, including PTO, holidays, flexible schedules such as a 9/80 option for eligible roles, and floating holidays in the U.S. Paid parental leave of 160 hours is also highlighted as a meaningful component of the overall package.
Parsons Corporation Insights
What We Do
Parsons is a digitally enabled solutions provider with a focus on making the world safer, smarter, healthier, more sustainable, and more connected. Founded in 1944, Parsons primarily serves the defense, security, and infrastructure markets. Uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services, the corporation delivers state-of-the-art solutions to federal, regional, and local government agencies as well as to private industrial customers worldwide. Parsons has a reputation for inclusion and diversity and has been named to the Ethisphere Institute’s list of World’s Most Ethical Companies for 10 consecutive years. Parsons facilitates a culture of innovation by encouraging collaboration among its employees and providing opportunities for career growth. With offices around the globe, people of varied talents and backgrounds, and a wide range of exciting projects, the possibilities at Parsons are endless. For more about Parsons, visit www.parsons.com. Mission: Delivering innovative infrastructure, defense, and security solutions to enable a more sustainable, safer, smarter, and more connected world.
