Senior Commercial Manager

1 week ago

Riyadh, Saudi Arabia Parsons Full time

Parsons is now hiring a Senior Commercial Manager who can lead a team of commercial professionals overseeing every phase of mission critical projects or programs.

Parsons’ extensive experience, combined with your finance, procurement, and contract management skills, will propel your career forward with opportunity for advancement with top performance.

In this role, under the supervision of the Commercial Director, you will manage all assigned project contract activities and represent the project in negotiations of complex contractual issues.

Our Commercial Managers must be fully knowledgeable of all legal, business, and financial elements of project delivery. You will use your diversified knowledge of commercial activities, as well as draw upon your extensive experience and exposure to various types of projects, clients, and contracts in the execution of your role.

**Responsibilities**:

- Manages a team of commercial, procurement, and contract staff as required, including subconsultants, who are qualified to analyze, evaluate and manage project finances, contracts, as well as assuring commercial performance against established schedule, budgets, and other critical project data.
- Provides guidance, direction, and specialized assistance to project team for the resolution of project commercial and contracts related issues.
- Oversees the commercial performance of assigned project areas to ensure project commercial procedures and objectives are maintained by sharing best practices and continual improvement techniques with staff, monitoring, and reporting to senior management concerning compliance with client business objectives.
- Interfaces with client team as required,, attends regular meetings, and provides critical project updates.
- Assists with key contract negotiations or contract modifications, drawing upon broad prior experience to effectively negotiate the most favorable terms and conditions for the assigned project to achieve client objectives.
- Establishes and leads implementation of strategic commercial project plans
- May be involved in project planning activities (e.g., risk assessment, bid/no bid analysis, participation in business plan development, etc.).
- Identifies risks and contractual terms not conforming to project policy and procedures.
- Keeps subordinates up to date relative to the availability of resource materials dealing with current commercial issues.
- Responsible for successful commercial execution of assigned projects to meet project goals and requirements, in coordination with the Senior Project Manager of assigned area, by:

- Assisting with the development of work plans and budgets.
- Reviewing project proposals or work plans to determine time frame, financial objectives, and procedures for accomplishing work.
- Formulating and implementing interventions to secure and deliver tenders.
- Coordinating information and activities among project and construction commercial teams, ensuring proper communication flow.
- Preparing project status reports, including updated cost projections and schedules for senior management and client.
- Identifying changes in scope or differing conditions and securing appropriate change orders for project cost and time if approved.
- Reviewing project progress reports and status of contracts, indicating current status with regards to financial situation and provide guidance and recommendations for improvements.
- Advising management of ways to limit any potential claims deriving from the failure to strictly adhere to project contract terms and conditions.
- Managing the review of contractual notices of claims and providing contractual advice to the project delivery teams, where appropriate.
- Managing the preparation and maintenance of Engineer’s Instructions, contract changes (amendments), variation orders, insurance and claims logs.
- Facilitating the contract close-out procedures to ensure that all terms and conditions of contracts have been complied with prior to final payment to contractors/consultants.

**Qualifications**:

- Bachelor's degree in Business Administration, Finance, Quantity Surveying, Engineering or related technical/business field.
- J.D. in Law or MBA/MBA International (preferred).
- 15+ years of prime contract management experience within a large international engineering and construction firm is required, with 10+ years of experience in related large scale projects/programs in Entertainment sector; management of international consultants and contractors is desirable.
- Professional registration desired (RICS, IArb, qualification in construction Contract Law, or similar).

**Requirements**:

- Requires a comprehensive knowledge of industry business practices and the negotiation of prime contracts.
- Proven claims background (knowledge of SCL Delay and Disruption Protocol and/or Arbitration)
- Must have the ability to develop strong working relationships with staff, client, and third party teams, interface and coordin

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