Commercial Director

3 weeks ago

Riyadh, Saudi Arabia Parsons Full time

Parsons is looking for an amazingly talented **Commercial Director **to join our team In this role you will get to manage all contracts and commercial activities for a major project either before the contract receives final approval or during the life of the contract. Interface with client's Commercial Team and Executive Steering Committee to advice, present, and report status of the program’s commercial and contract wellbeing.

**What You'll Be Doing**:

- Manage a team of commercial, procurement, and contract staff, including subconsultants, to analyze, evaluate and manage project finances, contracts, as well as assuring commercial performance against established schedule, budgets, and other critical project data.
- Provide guidance, direction, and specialized assistance to project team for the resolution of project commercial and contracts related issues, ensuring latest information and resources are available for dealing with all issues.
- Oversee 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 objectives.
- Interface with client team as required, attends regular meetings, and provide critical project updates/ reports and presentations.
- Assist 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.
- Establish and lead implementation of strategic commercial project plans.
- Manage 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.

**What Required Skills You'll Bring**:

- Shall be qualified with a Bachelor of Science degree in Quantity Surveying/Commercial Management from an accredited internationally recognized university and must be qualified and chartered (QS) by a recognized international body such as Chartered Institute of Building (CIOB) and Royal Institution of Chartered Surveyors (RICS) or as approved by the Engineer.
- Minimum twenty (20) years’ experience in dealing with major infrastructure / Buildings projects of which ten (10) years in commercial management.
- Experience in budgeting and cost planning for major projects with particular emphasis on the utilization of computer programs for the planning and tracking of similar projects is a requirement.
- Experience of preparing Bills of Quantities cost estimates, and the managements of claims required. Computer literacy and excellent communication skills are essential.

**What Desired Skills You'll Bring**:

- 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

**Minimum Clearance Required to Start**:
Not Applicable/None

Parsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.

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