Senior Director - Commercial (Development Accounting)
Qiddiya Investment Company is hiring a Senior Director - Commercial (Development Accounting) in Riyadh, Saudi Arabia. Level rates it ; you can apply on Qiddiya Investment Company.
Level's read on this job
- Little AI ●○○○ is how Level rates this accountant role: aI is not part of the work.
- Tools and skills the posting cites include commercial strategy, cost management and contract management.
- Level classifies it as an executive role.
- Level lists 254 other open roles at Qiddiya Investment Company.
AI in this role
Senior Director of Commercial Development Accounting leading commercial strategy, cost control, and risk management for major programs.
Lead the commercial strategy, governance, and performance of major development, construction, infrastructure, or real estate programs to ensure value optimization, cost control, and commercial risk management.
Provide executive leadership for commercial planning, procurement strategy, contract management, claims management, and financial performance across the project portfolio.
Drive commercial excellence and support the successful delivery of projects through effective stakeholder engagement, negotiation, and commercial decision-making.
Section III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Key Responsibilities
• Develop and lead the commercial strategy for major programs, projects, and portfolios.
• Oversee commercial governance, cost management, procurement strategy, contract administration, and financial controls.
• Provide executive oversight of pre-contract and post-contract commercial activities across the project lifecycle.
• Lead commercial evaluations, business cases, procurement approaches, and contract award recommendations.
• Manage high-value commercial negotiations with contractors, consultants, suppliers, and strategic partners.
• Oversee contract performance, change management, claims management, dispute resolution, and commercial risk mitigation activities.
• Monitor project financial performance, forecasts, budgets, commitments, and cost reporting.
• Collaborate with Development, Project Delivery, Finance, Procurement, Legal, and Executive Leadership teams to support project objectives.
• Ensure compliance with commercial policies, governance frameworks, contractual obligations, and regulatory requirements.
• Lead value engineering, cost optimization, and commercial improvement initiatives.
• Provide commercial insights and recommendations to executive leadership and governance committees.
• Build and lead high-performing commercial teams, driving capability development and continuous improvement.
Section IV: KEY INTERACTIONS
Key Internal Interactions
• Executive Leadership Team
• Development Teams
• Project Delivery Teams
• Finance and Development Finance
• Procurement
• Legal
• Risk Management
• Project Controls
Key External Interactions
• Contractors
• Consultants
• Suppliers
• Investors
• Government Authorities
• Regulatory Bodies
• External Advisors
Requirements
Minimum Qualifications
• Bachelor's degree in Quantity Surveying, Commercial Management, Construction Management, Engineering, Finance, Business Administration, or a related field.
• Master's degree preferred.
Professional Certifications
• MRICS, FRICS, CCM, PMP, MBA, or equivalent professional certification preferred.
Skills
• Commercial management
• Contract management
• Cost management and control
• Procurement strategy
• Claims and dispute management
• Financial and commercial analysis
• Risk management
• Negotiation and influencing
• Strategic planning
• Executive leadership and stakeholder management
Experience
Years of Experience
• 15+ years of progressive experience in commercial management, quantity surveying, construction, infrastructure, real estate development, or related disciplines.
Nature of Experience
• Leading commercial functions on large-scale construction, infrastructure, mixed-use, hospitality, entertainment, or mega-development projects.
• Managing complex contracts, commercial negotiations, claims, and dispute resolution activities.
• Providing executive oversight of commercial governance and financial performance.
• Leading multidisciplinary commercial teams and engaging with executive stakeholders.
• Delivering cost optimization and value enhancement initiatives across major project portfolios.
How we rate this
Senior Director - Commercial (Development Accounting) at Qiddiya Investment Company rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Also common in accountant jobs at this level
Pay
- Typical accountant job
- $109k
This posting doesn't list pay. Use the typical accountant figure when pay comes up. See accountant jobs
Questions you could be asked
- Tell me about a project where commercial strategy was part of your work. What did you do?
- Tell me about a project where cost management was part of your work. What did you do?
- Tell me about a project where contract management was part of your work. What did you do?
- Tell me about a project where procurement was part of your work. What did you do?
- Tell me about a project where risk management was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Commercial Strategy, Cost Management, Contract Management, Procurement, and Risk Management. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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