
Associate Director - Commercial - 20004750 (CDU911)
- Riyadh
- Permanent
- Full-time
- Champions QIC's "Safety First" value, specifically confident in enacting 'Stop Work' authority, engage in relevant health/safety/wellbeing standards and behaviors.
- Role models leadership behaviors, in line with the Qiddiya Values, always.
- Motivates and inspires a high-performance culture through clear direction, providing continuous feedback, recognizing, and rewarding exceptional performance and fostering an environment of collaboration, innovation, and accountability.
- Supports in the development of the Contracting strategy to achieve QIC's strategic objectives.
- Ensures compliance with all legal and regulatory requirements related to commercial activities.
- Develops, with relevant stakeholders, the Contracts budget in alignment with the organization's budgetary requirements to allow effective delivery of desired objectives.
- Leads the commercial and financial management and reporting, collaborating closely with Directors to define objectives, track progress, and achieve targeted business outcomes.
- Identifies trends and risk related to Cashflow forecasting against cash expenditure targets
- Leads and oversees the implementation of contracting strategies, overseeing contracts administration and change management process, leading value engineering where applicable - applying to end-to-end contract lifecycle.
- Oversees the preparation and monitoring of project budgets, cost forecasts, and cash flows, ensuring alignment with financial objectives and constraints.
- Provides leadership, guidance, direction, and specialized assistance to projects for the resolution of difficult and complex project budgeting, reporting, and cost control problems.
- Develops and implements risk management plans incorporating their risk management policy, procedure, and process.
- Maintains appropriate risk management across the projects, including the management of risks, issues, and opportunities
- Measures and reports risk management performance at both Program and Project levels.
- Endorses continuous improvement initiatives through recommendations, updates and changes to team activities, policies, and procedures.
- Oversees support provided to development teams regarding disputes and contract interpretation to ensure effective negotiation and settlement of claims to all development projects' teams in as needed.
- Coordinates closely with the Projects and Project Controls function in relation to implementing an effective controls system on budget, cost, report, risk, and change management.
- Leads the development of procurement strategies and packages to support the central procurement team and provide recommendations and support as needed.
- Collaborates with project managers and other departments to ensure accurate and timely financial reporting.
- Leads the implementation of policies, software and processes.
- Leads stakeholder management on behalf of the commercial function.
- Maintains consistent and standardized reporting practices.
- Mentors and develops a team of commercial and reporting specialists, fostering a culture of continuous improvement and professional growth.
- Prioritize wellbeing
- Address challenges directly
- Take responsibility for safety
- Correct unsafe practices
- Learn from mistakes to continuously improve
- Hold each other accountable with support and care
- Communicate truthfully and straightforwardly -
- Keep commitments and fulfill promises
- Respect others' rights, dignity, and opinions
- Uphold high professional standards
- Encourage innovation with an open, nimble approach
- Maintain a curious mindset
- Eager to learn and improve
- Think creatively beyond conventions
- Continuously seek ways to enhance performance
- Open, honest engagement with all stakeholders
- Frequent, respectful, transparent communication
- Celebrate successes
- Collaboratively resolve issue
- Respect diverse cultures
- Listen to different perspectives
- Maintain an open mindset to diverse ideas and information
- Build and engage diverse teams equitably and fairly
- Treat everyone with respect and equality
- Ask direct, rational questions
- Speak relevantly for the audience
- Be a team player, share knowledge
- Uncompromising quality standards
- Bachelor's degree - Quantity Surveying, Commercial Management, Cost Engineering, Legal or related field
- Royal Institute of Chartered Surveyors preferred
- 10 - 15 years' Commercial construction delivery experience - ideally Contractor and Consultancy and working in Program wide roles, working with large commercial teams across multiple projects
- Major program experience - managing multiple projects, conflicting priorities, and stakeholders.
- Previous KSA /Middle East experience preferred
- Experience leading Commercial Management of Major Projects in a highly regulated, complex, matrixed environments evidencing Full project life-cycle involvement (Bidding thorough to Final Account).
- Subject matter expert in contracts, claims, arbitration.
- Supports team through period of business changes in responding to changing business requirements.
- Provides strategic support and guidance in managing and prioritizing the workload of a commercial and contract administration team, deadline-driven and ability to optimize workload.
- Ability to leverage exceptional written and verbal skills in English - articulate ideas, strategies, and project performance to a range of audiences and to influence at senior levels.
- Ability to leverage in-depth knowledge of enterprise-level management software, such as Prism, SAP, or similar systems
- Leadership skills to inspire large, diverse teams and deliver results.
- Leadership skills and the ability to lead the commercial function's direction, specifically endorsing or opposing practices as needed.