Senior Manager - Commercial Payments

About the Role

Qiddiya Investment Company is seeking a dynamic and results-driven Senior Manager - Commercial Payments to spearhead the commercial aspects of our residential development projects within the visionary Qiddiya project. This pivotal role demands a strategic leader who will oversee the financial and commercial success of residential developments, ensuring alignment with our ambitious objectives while delivering measurable value to stakeholders. As a key member of our leadership team, you will be instrumental in shaping commercial strategies, optimizing financial performance, and managing contractual obligations to drive sustainable growth and profitability.

Key Responsibilities

In this high-impact position, you will be responsible for a comprehensive range of commercial management activities, including:

• Strategic Commercial Planning: Develop, implement, and monitor commercial strategies to enhance profitability and ensure the achievement of financial targets for residential projects.
• Financial Oversight: Prepare, manage, and oversee project budgets, financial forecasting, and cash flow projections to maintain fiscal discipline and transparency.
• Market Intelligence & Feasibility: Conduct in-depth market research and feasibility studies to inform project development decisions and identify emerging opportunities in the residential sector.
• Contract Management: Lead contract negotiations with contractors, suppliers, and stakeholders, ensuring favorable terms while mitigating risks and protecting the company’s interests.
• Risk Management: Proactively identify, assess, and manage commercial risks associated with project delivery, ensuring compliance with contractual and regulatory requirements.
• Cross-Functional Collaboration: Work closely with project teams, including architects, engineers, and operations, to align commercial objectives with project timelines, quality standards, and delivery milestones.
• Team Leadership & Development: Mentor and guide junior commercial staff, fostering a culture of excellence, accountability, and professional growth within the team.
• Stakeholder Engagement: Cultivate and maintain strong relationships with internal and external stakeholders, including investors, government entities, and industry partners, to drive collaboration and project success.

Qualifications & Experience

To excel in this role, you will bring a blend of academic excellence, professional expertise, and leadership acumen. The ideal candidate will possess the following qualifications and experience:

• Education: A Bachelor’s degree in Quantity Surveying, Business Administration, Finance, Real Estate, or a related field. Professional certifications such as RICS (Royal Institution of Chartered Surveyors) are highly desirable.
• Professional Experience: Minimum of 9-12 years of progressive experience in commercial management, with a strong focus on residential projects. A proven track record in delivering commercial success in large-scale developments is essential.
• Financial & Analytical Skills: Demonstrated expertise in budget management, financial analysis, and forecasting, with the ability to interpret complex financial data and make data-driven decisions.
• Negotiation & Contract Management: Exceptional contract negotiation skills, with experience in managing complex agreements, mitigating risks, and ensuring favorable terms for the organization.
• Leadership & Communication: Strong leadership capabilities with the ability to inspire and mentor teams, coupled with excellent verbal and written communication skills to engage stakeholders at all levels.
• Technical Proficiency: Proficiency in commercial management software, project management tools, and financial modeling platforms to streamline processes and enhance productivity.
• Personal Attributes: A detail-oriented mindset, exceptional organizational skills, and the ability to manage multiple priorities in a fast-paced, dynamic environment while maintaining a high standard of accuracy and professionalism.

Why Join Us?

As a Senior Manager - Commercial Payments at Qiddiya Investment Company, you will have the opportunity to shape the future of one of the most ambitious development projects in the region. You will work alongside a talented team of professionals in a collaborative and innovative environment, contributing to the creation of sustainable, world-class residential communities. This role offers significant career growth potential, competitive compensation, and the chance to make a lasting impact on the Kingdom’s vision for economic diversification and urban development.