Senior Manager - Commercial Racecourse

Job Overview

Qiddiya Investment Company seeks a Senior Manager - Commercial for their Racecourse project, a key figure responsible for overseeing the procurement and commercial aspects of approximately SAR 3 billion in provisional sum works. These are delivered via a Management Contractor under FIDIC contract standards as part of a landmark horseracing destination within the Qiddiya giga-project.

Key Responsibilities

• Lead procurement and commercial management across about SAR 3 billion of provisional sum works conducted through a Management Contractor under FIDIC contracts.
• Monitor procurement activities and package awards executed by the Management Contractor, ensuring adherence to Schedule 28 procurement procedures and project governance.
• Manage a commercial team of around 20 professionals, offering leadership and mentoring during the project lifecycle.
• Collaborate with Design Management to guarantee timely delivery of Invitation for Tender (IFT) information as per design release schedules.
• Oversee supply chain engagement processes including EOIs, NDAs, pre-qualification questionnaires, market analysis, contractor assessments, interviews, and site visits.
• Identify, assess, and prequalify contractors and subcontractors for up to 75 procurement packages.
• Lead detailed evaluations of commercial tenders, conduct clarification meetings, and negotiate contract terms evaluating submissions, qualifications, and risks.
• Prepare tender reports, governance documentation, and presentations for executive-level approvals.
• Work closely with Package Commercial Managers and contractors during contract execution, managing variations, valuations, claims, and contractual issues.
• Track commercial performance, procurement risks, and contractor compliance, safeguarding the company’s commercial interests through to contract closure.

Candidate Requirements

• A Bachelor's (Hons) degree in Quantity Surveying, Commercial Management, or related fields.
• MRICS accreditation preferred but not mandatory.
• At least 10 years of extensive commercial and procurement experience in large-scale construction, infrastructure, or giga-projects, especially in Management Contracting and FIDIC procurement environments.
• Strong proficiency in procurement governance, tendering procedures, subcontractor selection, commercial negotiations, contract administration, and claims management.
• Proven leadership in managing sizeable commercial teams across multiple simultaneous packages within dynamic project settings.
• Complete lifecycle experience in procurement from strategic planning and prequalification to contractual closure and dispute resolution.
• Excellent interpersonal and communication skills for stakeholder engagement across design, delivery, and governance sectors.
• Knowledge of procurement software, project management tools, and risk management methodologies.