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Commercial Director
4 months ago
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.
