Qiddiya Investment Company
Manager - Commercial
- Permanent
- Riyadh, Saudi Arabia
- Experience 5 - 10 yrs
Job overview
Date posted
04/10/2025
Location
Riyadh, Saudi Arabia
Salary
SAR 20,000 - 30,000 per month
Compensation
Comprehensive package
Job description
Qiddiya Investment Company seeks a strategic, results-driven Manager - Commercial for its entertainment and leisure development projects in Riyadh, Saudi Arabia. The role leads development and execution of commercial strategies aligned to business objectives to enhance project viability; conducts precise market analysis to identify new opportunities, competitive advantages, and industry trends; collaborates with finance, operations, and marketing to implement integrated commercial initiatives; negotiates contracts with external stakeholders and manages relationships to secure favorable terms; tracks and analyzes project performance against budgets and KPIs to provide insights for corrective actions; supports annual budget and forecasting processes to optimize financial performance; prepares comprehensive commercial performance reports for senior management review; oversees payment processes to contractors and ensures compliance with contractual obligations; identifies risks associated with commercial activities and proposes mitigation strategies; and mentors junior team members to foster professional development and a comprehensive understanding of commercial management. Requirements include a Bachelor's degree in Business Administration, Finance, or a relevant field; 7–10 years of experience in commercial management, particularly within large infrastructure projects or the entertainment industry; strong analytical capabilities with proficiency in financial analysis and reporting; proficiency in commercial management tools and software applications; and strong organizational skills with attention to detail in managing multiple concurrent projects.
Required skills
Key responsibilities
- Lead the development and execution of commercial strategies aligned with business objectives to enhance project viability
- Conduct precise market analysis to identify new opportunities, competitive advantages, and industry trends
- Collaborate with finance, operations, and marketing to implement integrated commercial initiatives
- Negotiate contracts with external stakeholders and manage relationships to secure favorable terms
- Track and analyze project performance against budgets and KPIs and provide insights for corrective actions
- Support annual budgeting and forecasting processes to optimize financial performance
- Prepare comprehensive commercial performance reports for senior management review
- Oversee payment processes to contractors and ensure compliance with contractual obligations
- Identify risks associated with commercial activities and propose mitigation strategies
- Mentor junior team members to develop commercial management capabilities
Experience & skills
- Hold a Bachelor's degree in Business Administration, Finance, or a relevant field
- Bring 7–10 years of experience in commercial management, particularly within large infrastructure projects or the entertainment industry
- Demonstrate strong analytical capabilities with proficiency in financial analysis and reporting
- Exhibit exceptional negotiation skills and the ability to manage external stakeholder relationships
- Be proficient in commercial management tools and software applications
- Demonstrate the ability to work effectively in a collaborative, team-oriented environment
- Show strong organizational skills and attention to detail in managing multiple concurrent projects