Commercial Director - RES-066 at Qiddiya Investment Company

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

01 Aug, 26

Salary

0.0

Posted On

03 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Commercial strategy, Contract negotiation, Procurement, Risk management, Project management, Budgeting, Forecasting, Value engineering, Stakeholder management, Leadership, Mentoring, Quantity surveying, Construction management, Regulatory compliance, Real estate market analysis

Industry

Entertainment Providers

Description

Qiddiya Investment Company is seeking a highly skilled and experienced Commercial Director for our Residential division, identified as RES-066. This role is instrumental in driving the commercial strategy, managing contracts, and overseeing procurement processes for our residential development projects. The Commercial Director will collaborate across departments to ensure that residential projects are delivered efficiently, within budget, and aligned with Qiddiya's high standards for quality and innovation. You will lead and mentor the commercial team, fostering a culture of excellence and continuous improvement. Key Responsibilities Develop and execute comprehensive commercial strategies for residential development projects. Manage contract negotiations, procurement, and commercial risk throughout the project lifecycle. Liaise with internal stakeholders, suppliers, and contractors to ensure alignment and successful delivery. Monitor project financials, including budgets, forecasts, and value engineering opportunities. Ensure compliance with legal, regulatory, and company policies related to commercial activities. Lead, motivate, and develop the commercial team to enhance performance and professional growth. Report regularly to senior management on commercial performance and key project milestones. Identify opportunities to optimize costs and improve operational efficiencies in residential developments. Bachelor’s degree in Quantity Surveying, Construction Management, Business Administration, or a related field; advanced degrees preferred. Minimum of 15 years’ experience in commercial management within residential construction projects. Strong expertise in contract administration, procurement, and risk management. Proven leadership skills with the ability to manage and develop multidisciplinary teams. Excellent negotiation, communication, and stakeholder management abilities. Familiarity with local residential real estate market and regulatory environment is advantageous. Professional certifications such as MRICS or equivalent are highly desirable. Offering a comprehensive compensation and benefits package.

Responsibilities

The Commercial Director will develop and execute commercial strategies while managing contracts, procurement, and project risks for residential developments. They are responsible for overseeing project financials, ensuring regulatory compliance, and leading the commercial team to achieve operational excellence.