Director - Commercial - 20004750 (CDU911)

Associate Director - Commercial - (CDU911) The Director - Commercial is responsible for overseeing budget management, cost control, and comprehensive reporting for major transport infrastructure projects. This role will have strong expertise in various systems associated with reporting and forecasting including Power BI, PRISM or similar systems. This role ensures financial discipline, accurate forecasting, and detailed reporting to support strategic decision-making and project success.

Responsibilities

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

Qualifications

Safety 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

Integrity Communicate truthfully and straightforwardly -

Keep commitments and fulfill promises

Respect others' rights, dignity, and opinions

Uphold high professional standards

Innovation 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

Collaboration Open, honest engagement with all stakeholders

Frequent, respectful, transparent communication

Celebrate successes

Collaboratively resolve issue

Inclusion 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

Quality Ask direct, rational questions

Speak relevantly for the audience

Be a team player, share knowledge

Uncompromising quality standards

Qualifications Bachelor's degree - Quantity Surveying, Commercial Management, Cost Engineering, Legal or related field

Professional Certifications (if Required) Royal Institute of Chartered Surveyors preferred

Experience 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

Location : Riyadh, Saudi Arabia

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