Commercial Director

Job Description Position Title : Commercial Director Location : Riyadh, Saudi Arabia (Interviews in London, UK) Company : Confidential Public Investment Fund - Giga project One of the most exciting Saudi giga-projects is coming to London! On behalf of our client, MRG Global is undertaking a confidential search for several exceptional candidates to fill the position of Commercial Director. Our client will visit London to conduct in-person interviews, so this is your chance to get face to face with the hiring team from one of the projects everyone is talking about. Overview: Our client is an ambitious, PIF-backed project based in Riyadh, Saudi Arabia. The Commercial Director will play a crucial role in overseeing and leading the commercial process for various projects within our client s delivery function. Reward & Benefits Working on one of the most exciting projects in the world, these positions come with a highly competitive salary (with no income tax ) as well as relocation, education support for children, short-term incentive, return flights annually and much more. Responsibilities: Financial Management Budget Management : Developing and managing budgets for construction projects to ensure financial efficiency and profitability. Cost Control : Implementing and monitoring cost control measures to minimize financial risk and ensure project costs remain within budget. Forecasting : Preparing financial forecasts and projections to assist in decision-making and strategic planning. Contract Administration Contract Negotiation : Leading the negotiation of contracts with clients, suppliers, and subcontractors to secure favorable terms and conditions. Contract Management : Overseeing the administration of contracts to ensure compliance with terms, timely delivery, and resolution of disputes. Claims Management : Handling claims for additional costs or extensions of time, ensuring they are substantiated and negotiated effectively. Project Management Project Planning : Contributing to project planning and scheduling to align financial and contractual strategies with project timelines. Risk Management : Identifying and managing financial and contractual risks associated with construction projects. Resource Allocation : Ensuring appropriate allocation of financial and material resources to meet project requirements. Team Leadership and Development Team Leadership : Leading and managing a team of quantity surveyors and commercial professionals, providing guidance and support. Stakeholder Management Client Relations : Building and maintaining strong relationships with clients to secure repeat business and ensure customer satisfaction. Supplier and Subcontractor Relations : Establishing and nurturing relationships with suppliers and subcontractors to secure favorable terms and ensure quality delivery. Compliance and Reporting Regulatory Compliance : Ensuring all financial and contractual activities comply with relevant laws, regulations, and industry standards. Reporting : Preparing regular financial and project performance reports for senior management and stakeholders. Qualifications: The ideal candidate for the Commercial Director role possesses the following qualifications and attributes: Bachelor s degree in Quantity Surveying, or a related field. A minimum of 15 years of procurement experience, with at least 5 years in a leadership capacity, demonstrating a track record of success in complex and high-value projects. MRICS. #J-18808-Ljbffr