Qureos

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Commercial Manager

Jeddah, Saudi Arabia

Commercial Manager

Department: Commercial

Reporting to: Director / Commercial Director


Position Overview


Responsible for overseeing all commercial aspects of post-contract project execution,

including cost control, contract administration, payment applications, subcontractor

certifications, variation management, and commercial reporting. Ensures financial integrity

and contractual compliance across all projects.


Core Job Functions

• Contract Administration: Manage contract obligations, variations, claims, and commercial

correspondence.

• Cost Monitoring: Track project budgets, forecast expenditures, and identify cost-saving

opportunities.

• Valuations: Prepare and certify interim and final payment applications for clients and

subcontractors.

• Claims Management: Lead negotiation and resolution of claims, ensuring ,timely and

commercially sound outcomes.

• Final Account Preparation: Reconcile and close out project accounts with clients and

subcontractors.

• Reporting: Deliver accurate commercial reports, cost-to-complete forecasts, and financial

dashboards.

• Collaboration: Interface with project teams, procurement, finance, and legal to ensure

commercial alignment.


Selection Requirements

• Appointment at the discretion of Senior Management.

• Degree in Quantity Surveying, Construction Economics, or related MEP field.

• Minimum 5 years of commercial management experience in the construction sector.


Core Values

• Prioritize health and safety in all commercial operations.

• Uphold respect, integrity, and professionalism in all dealings.

• Communicate clearly and effectively with internal and external stakeholders.

• Foster teamwork and build trust-based relationships.

• Honor commitments and deliver results with accountability.

• Demonstrate initiative, ownership, and continuous improvement.

• Maintain high standards in documentation, reporting, and conduct.

• Engage in personal development and contribute to team growth.


KPI’s & BSC

• Manage inspection-related commercial deliverables.

• Monitor monthly cost per inspection and cost recovery.

• Maintain accurate commercial documentation and records.

• Control and report on commercial variables and risk exposure.

• Align QA/QC, planning, and HSE requirements with commercial objectives.

• Exhibit leadership traits including integrity, courage, and strategic alignment.

• Demonstrate strong commercial acumen, MEP understanding, and delivery focus.

Duties & Responsibilities

Commercial Oversight

• Lead all commercial activities in accordance with company policy.

• Ensure ,timely submission of payment applications and compliance with contract terms.

• Maintain variation logs, cost reports, and commercial registers.

• Provide guidance on resolving commercial discrepancies and disputes.

• Implement commercial controls and assurance procedures.

Human Resource Interface

• Support commercial team performance, motivation, and discipline.

• Ensure compliance with labor cost controls and commercial HR policies.

• Participate in safety and performance reviews with site teams.

• Promote commercial awareness and training across project teams.

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