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Job Description:
Parsons are looking for an exceptionally talented Senior Commercial Manager to join their team! The Senior Commercial Manager will lead the full commercial lifecycle of a large-scale giga project in Riyadh. This role is accountable for commercial strategy, contract management, cost control, risk mitigation, and maximizing value across multi-billion-dollar programs, while ensuring alignment with client objectives, regulatory frameworks, and Vision 2030 goals.
What You'll Be Doing;
- Develop and implement the overall commercial strategy for complex giga projects, aligned with project, client, and organizational objectives.
- Lead and mentor commercial teams (contracts, procurement, quantity surveying, claims) across multiple workstreams and packages.
- Drive commercial governance, standardization of processes, and best practices across the portfolio.
- Oversee end-to-end contract management for consultancy, EPC, design & build, and subcontractor agreements.
- Lead negotiation of high-value contracts, framework agreements, D&B arrangements, and strategic partnerships.
- Manage contractual correspondences, variations, change orders, and claims to protect project and client interests.
- Ensure compliance with FIDIC, bespoke contracts, and local Saudi law/regulatory requirements.
- Establish and manage budgets, cost plans, and forecasts for multi-billion SAR/US$ projects.
- Oversee cost reporting, value engineering initiatives, and whole-life cost assessments.
- Analyze financial risks and opportunities; recommend strategies to improve margins and cost efficiency.
- Support funding, investment, and commercial due diligence processes as required.
- Develop procurement strategies for major packages (civil, MEP, infrastructure, technology, hospitality, etc.).
- Oversee prequalification, tendering, bid evaluation, and award processes to ensure best value and compliance.
- Engage with key contractors, consultants, and suppliers to build strong, performance-driven relationships.
- Support localization objectives and alignment with Saudi Vision 2030, including local content initiatives.
- Identify and manage commercial risks across the portfolio; implement mitigation plans and contingencies.
- Ensure robust commercial controls, audit trails, and adherence to corporate governance requirements.
- Provide commercial input to project risk registers, change control procedures, and scenario planning.
- Act as a key commercial interface between client, project management offices (PMO), consultants, contractors, and regulators.
- Prepare and present commercial reports, dashboards, and recommendations to senior management and boards.
- Manage complex stakeholder expectations and support conflict resolution on commercial matters.
- Ensure compliance with local laws, regulations, and relevant international standards.
- Support the development and implementation of commercial policies, procedures, and tools.
- Promote ethical commercial practices and transparency across all commercial activities.
What Required Skills You'll Bring;
- Bachelor’s degree in Quantity Surveying, Commercial Management, Construction Management, Engineering, Finance, or a related discipline.
- Minimum of 15 years of commercial/contract management experience in large-scale construction, infrastructure, or real estate projects.
- Proven track record working on mega or giga projects, preferably in the GCC region.
- Strong experience with FIDIC and major international standard forms of contract.
- Demonstrable experience in leading commercial teams on projects exceeding 1 billion in value.
Desirable:
- Master’s degree in a related field (e.g. MBA, MSc in Construction Law/Commercial Management).
- Professional membership: RICS, CIOB, CIArb, or equivalent.
- Prior experience in Saudi Arabia and familiarity with local regulations, procurement practices, and Vision 2030 initiatives.
- Advanced commercial, financial, and contractual acumen.
- Strong negotiation and influencing skills at senior stakeholder level.
- Excellent analytical skills with ability to interpret complex financial and commercial data.
- High level of written and verbal communication skills; ability to prepare concise, executive-level reports.
- Leadership capabilities with experience managing multidisciplinary teams.
- Strategic thinking with the ability to balance risk, cost, schedule, and quality.
- Strong problem-solving and decision-making abilities in high-pressure environments.
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, Commercial Management, Construction Management, Engineering, Finance, or related discipline.
- Minimum of 15 years of commercial/contract management experience in large-scale construction, infrastructure, or real estate projects.
- Proven track record working on mega or giga projects, preferably in the GCC region.
- Strong experience with FIDIC and major international standard forms of contract.
- Demonstrable experience leading commercial teams on projects exceeding 1 billion in value.
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.
