Senior Director - Commercial - SDU - 20012792 - CDU8
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Job Overview
The Senior Director - Commercial (SDU) at Qiddiya Investment Company is a strategic leadership role responsible for overseeing commercial activities within the Strategic Development Unit (SDU). You will drive strategic commerciality (and safety) into every decision both in procurement and in contract administration. Setting up strategy and execution to the outset through PM/CM specific process and procedures to suit the task at hand whilst fully complying with internal governance and Delegation of Authority. Responsible for driving outturn cost within the agreed business plans and cost plans and feeding back commercial lessons learned and outturn to cost planning.
Key Responsibilities
⢠Establish, implement, and maintain the commercial management framework for the Construction Management vertical, covering procurement commercial strategy, contract administration, cost control, and commercial assurance.
⢠Define and embed commercial policies, processes, procedures, manuals, and templates tailored to Project Management / Construction Management delivery models, while ensuring full alignment with QDC governance and Delegation of Authority requirements.
⢠Drive strategic commercial decisionāmaking across procurement and contract administration, ensuring value for money, appropriate risk allocation, and integration of safety considerations into commercial outcomes.
⢠Lead development of commercial strategies at project and programme level, aligned with approved business plans, cost plans, and delivery strategies.
⢠Provide functional oversight and governance of procurement commercial inputs, including contract strategies, commercial terms, payment mechanisms, incentives, and risk provisions.
⢠Lead and oversee contract administration frameworks, including change control, payment certification, claims management, EOT assessments, dispute avoidance, and closeāout.
⢠Ensure robust cost management, forecasting, and reporting throughout the project lifecycle, driving delivery of final outturn costs within approved budgets.
⢠Monitor commercial performance, risks, and exposures, and implement mitigation strategies in coordination with Delivery, Procurement, Finance, and Risk functions.
⢠Act as the commercial authority within the Construction Management vertical, providing guidance, challenge, and escalation support to project teams in a matrix capacity.
⢠Establish and maintain clear commercial governance checkpoints aligned with stageāgate approvals and executive decision forums.
⢠Support preparation and review of commercial inputs to Board and Nā1 papers, including cost summaries, risk positions, commercial strategies, and recommendations.
⢠Ensure alignment between cost planning, commercial execution, and outturn performance, and provide structured feedback to cost planning teams on variances, trends, and lessons learned.
⢠Capture, analyse, and disseminate commercial lessons learned, benchmarks, and best practices across the Construction Management vertical and wider QDC organisation.
⢠Support the buildāup and capability development of the Construction Management commercial function, including mentoring, standards setting, and skills development.
⢠Coordinate closely with the Project Director Design, Project Director Delivery, Project Director Procurement, and Finance functions to ensure integrated, endātoāend commercial control.
⢠Represent the Construction Management vertical in senior internal and external forums on commercial, contractual, and cost matters, as required.Requirements
Education
⢠Bachelorās degree in Quantity Surveying, Engineering, Construction Management, Commercial Management, or a related discipline (minimum).
⢠Masterās Degree in a related field is preferred.Specific Skills Required
⢠Strong experience in commercial management of largeāscale construction and infrastructure projects, preferably within CM or selfādelivery models.
⢠Deep understanding of procurement commercial strategies and contract administration across multiple delivery models.
⢠Proven ability to establish and operate commercial governance frameworks, controls, and assurance mechanisms.
⢠Strong knowledge of cost planning, budgeting, forecasting, and outturn cost management.
⢠Experience operating within strict governance and Delegation of Authority environments, ideally within gigaāprojects.
⢠Ability to embed safety, risk, and compliance considerations into commercial decisionāmaking.
⢠Strong leadership, stakeholder management, and influencing skills.
⢠Excellent verbal and written communication skills, including executiveālevel reporting.
⢠High level of professionalism, judgment, and commercial acumen.Experience
⢠15ā20 yearsā relevant experience in senior commercial leadership roles within large programmes, mega or gigaāprojects, or complex construction environments.
⢠Experience within GCC is highly desirable.Benefits
Comprehensive benefits package
Requirements
- ā¢Experience in establishing, implementing, and maintaining commercial management frameworks
- ā¢Ability to define and embed commercial policies, processes, procedures, manuals, and templates
- ā¢Proven experience driving strategic commercial decision-making
- ā¢Experience in leading development of commercial strategies
- ā¢Ability to provide functional oversight and governance of procurement commercial inputs
- ā¢Experience in leading and overseeing contract administration frameworks
- ā¢Ability to ensure robust cost management, forecasting, and reporting
- ā¢Experience monitoring commercial performance, risks, and exposures
Nice to Have
- ā¢Commercial authority within the Construction Management vertical
- ā¢Guidance, challenge, and escalation support to project teams
- ā¢Establish and maintain clear commercial governance checkpoints
- ā¢Support preparation and review of commercial inputs to Board and N-1 papers
- ā¢Ensure alignment between cost planning, commercial execution, and outturn performance
- ā¢Capture, analyse, and disseminate commercial lessons learned, benchmarks, and best practices
Responsibilities
- ā¢Establish, implement, and maintain the commercial management framework for Construction Management
- ā¢Define and embed commercial policies, processes, procedures, manuals, and templates
- ā¢Drive strategic commercial decision-making across procurement and contract administration
- ā¢Lead development of commercial strategies at project and programme level
- ā¢Provide functional oversight and governance of procurement commercial inputs
- ā¢Lead and oversee contract administration frameworks, including change control, payment certification, claims management, EOT assessments, dispute avoidance, and close-out
- ā¢Ensure robust cost management, forecasting, and reporting
- ā¢Monitor commercial performance, risks, and exposures, and implement mitigation strategies
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Qiddiya is a transformative entertainment, sports, and arts destination located in Riyadh, Saudi Arabia. It aims to be a key driver of economic diversification and a hub for youth development.
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