More jobs:
Senior Manager - Commercial; Al
Job in
Khobar, Eastern Province, Saudi Arabia
Listed on 2026-01-16
Listing for:
Saudi Entertainment Ventures | SEVEN
Full Time
position Listed on 2026-01-16
Job specializations:
-
Management
Financial Manager, Risk Manager/Analyst -
Finance & Banking
Financial Manager, Risk Manager/Analyst
Job Description & How to Apply Below
The Senior Manager - Commercial oversees project cost management, coordinates contracts, and ensures compliance with corporate policies. This role involves validating expenditures, managing contractual relationships with vendors and contractors, and supporting commercial tender reviews to maintain project financial integrity and efficiency.
Managerial Accountabilities Stakeholders’ Relations- Act as SEVEN’s representative with local and international ventures and enterprises to establish and maintain good working relationships with the key stakeholders within and outside the SEVEN.
- Comply with the budget approved in his unit to ensure appropriate utilization for the SEVEN’s financial resources.
- Supervise Commercial, Planning and Project Controls budget utilization during the year across all related functions to ensure that the spending’s are in alignment with the submitted and approved budget.
- Monitor the operational activities within his function to ensure its compliance with the function’s policies and procedures.
- Lead Commercial, Planning and Project Controls day-to-day operations to ensure compliance with the approved policies & procedures.
- Provides his subordinates with ongoing feedback and coaching to ensure their continuous improvement.
- Conduct the annual appraisal evaluation in compliance with the HR policies and procedures to ensure appropriate and fair evaluation for his subordinates’ performance.
- Control project costs by monitoring and validating project expenditures.
- Advise the Commercial Planning and Project Controls Director on cost-related matters as needed.
- Manage and coordinate all contracts with vendors, suppliers, and contractors.
- Ensure that contractual agreements are in line with project goals and corporate guidelines.
- Review and validate quantities delivered by general contractors.
- Verify invoices and claims from suppliers, vendors, and subcontractors to ensure accuracy in project cost recording.
- Manage the compliance process related to corporate contracting policies, procedures, processes, and documentation.
- Ensure all commercial activities adhere to corporate standards and legal requirements.
- Commercial Reviews of Tenders
- Assist with commercial reviews of tenders to support procurement and contracting decisions.
- Provide analytical support during the tender evaluation process to ensure alignment with commercial and strategic aims.
Bachelor’s degree in Finance, Accounting or equivalent as a minimum.
Master’s degree in Finance, Accounting, or equivalent is preferred.
Professional CertificationsProfessional certificate in Finance or Accounting certification (i.e. CPA, SOCPA, CFA, CFP) is preferred.
ExperienceRequired Experience
- 8 years of relevant experience with 4 years in a management role.
- Experience in project planning and cost control in multiple sectors (government, private, semi-government) is preferred.
Position Requirements
10+ Years
work experience
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