Assistant Manager -Commercial (HB4) - 20005424 at Qiddiya Investment Company

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

10 Oct, 26

Salary

0.0

Posted On

12 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Contract Negotiation, Budget Tracking, Procurement Strategy, Cost Reporting, Financial Control, Stakeholder Management, Risk Mitigation, Value Engineering, FIDIC, Aconex, Oracle Primavera, SAP, Excel, Commercial Management, Quantity Surveying, Claims Resolution

Industry

Entertainment Providers

Description

Role Reports to: Commercial Manager The Role Requirements Support the Commercial Manager and wider commercial team in managing all project commercial matters Assist in drafting, reviewing, and negotiating contracts, subcontracts, and consultant agreements in line with QIC standards Monitor contractor and consultant performance to ensure compliance with contractual obligations Track project budgets, forecasts, and cost reports to support financial control and reporting Contribute to procurement strategies that align with Qiddiya’s vision and delivery timelines Assist in processing and submitting interim and final payment applications for payment Coordinate with project controls, finance, and delivery teams to ensure accurate cost tracking and cash flow forecasting Maintain commercial registers including bonds, insurances, variations, claims, and change orders Visit the construction site(s) regularly to check project progress and liaise with contractors to determine their requirements – highlight any concerns or risks Support cost optimization initiatives in conjunction with the contractors Support resolution of commercial disputes and claims in collaboration with legal and technical teams Liaise with internal departments and external stakeholders to ensure timely delivery of commercial documentation Assist with the preparation of commercial reports and presentations for review by QIC senior leadership Ensure compliance with Qiddiya’s governance, audit, and reporting frameworks Participate in risk identification and mitigation related to commercial and contractual matters Support benchmarking, market analysis, and value engineering initiatives to optimize project value · Bachelor’s degree in quantity surveying, Commercial Management, Construction Management, or related field · Minimum 5 years of experience in commercial roles within large-scale infrastructure, entertainment, or real estate projects · Experience working on Saudi giga projects or with government-backed entities is highly desirable · Knowledge of FIDIC and other international contract forms · Excellent analytical, negotiation, and stakeholder management skills · Proficiency in commercial software tools (e.g., Aconex, Oracle Primavera, SAP, Excel) · Fluent in English; Arabic language skills are a plus · Ability to thrive in a fast-paced, high-profile environment with complex stakeholder dynamics Applications closing on 28 May 2026

Responsibilities

Support the Commercial Manager in managing project commercial matters, including drafting contracts and monitoring contractor performance. Responsible for tracking budgets, processing payments, and maintaining commercial registers to ensure financial control.