Commercial & Contracts Manager - Stadium

The Commercial / Contract Manager shall be responsible for the overall administration and management of all commercial, financial, and contractual aspects of the Project Management and Construction Management (PMCM) services for a flagship FIFA stadium in Riyadh, KSA.

The position ensures strict compliance with the Client’s contractual requirements, financial governance procedures, and the conditions of the FIDIC-based consultancy and construction contracts. The Commercial / Contract Manager shall oversee the contractual and cost-control functions, ensuring that value, risk, and change are effectively managed throughout the project lifecycle in accordance with the Client’s objectives and the PMCM Scope of Services. 

Core Responsibilities: 

• Administer and manage all contract documentation, correspondence, and records, including payment applications, variations, claims, and change orders, ensuring that all submissions are accurate, substantiated, and compliant with contractual provisions. 

• Review and evaluate contractors’ commercial submissions, payment certificates, and financial claims to confirm validity and alignment with the approved terms and conditions. 

• Prepare cost forecasts, budget updates, and cash flow analyses in collaboration with the Project Controls team, ensuring early identification of potential deviations from the approved financial plan. 

• Oversee the development and implementation of commercial procedures, ensuring adherence to the Client’s approval processes and the PMCM contractual framework. 

• Lead the assessment, negotiation, and resolution of variations, claims, and disputes in coordination with the Project Director and Client representatives. 

• Monitor and control all financial commitments, ensuring that liabilities and exposures are accurately tracked and reported in accordance with the project’s reporting requirements. 

• Provide strategic commercial guidance on procurement, contract risk management, and value engineering to support Client decision-making. 

• Maintain comprehensive, auditable records of all contractual correspondence, commercial data, and financial transactions to ensure transparency and traceability throughout the project. 

• Support the preparation of monthly progress and financial reports, cost summaries, and commercial dashboards for submission to the Client. 

• Ensure that all commercial practices are conducted in accordance with applicable laws, professional standards, and the ethical requirements of the contract. 

Qualifications and Experience: 

• Bachelor’s Degree in Quantity Surveying, Construction Law, or Engineering from a recognized university. 

• Chartered Member of the Royal Institution of Chartered Surveyors (MRICS) or equivalent professional qualification is mandatory. 

• Minimum 20 years of professional experience in commercial and contract management, including significant experience on stadium, arena, or large-scale infrastructure projects. 

• Demonstrated expertise in the administration of FIDIC-based consultancy and construction contracts, including claims management, contract negotiation, and financial risk mitigation. 

• Proven ability to manage multi-contract environments and coordinate with project controls, procurement, and legal teams to ensure consistent commercial governance. 

• Strong analytical and reporting skills with comprehensive knowledge of cost management systems, contract law principles, and Client-side financial controls applicable to major