Overview
Commercial Leader Jobs in Dammam, Saudi Arabia at Mitsubishi Power Saudi Arabia
Summery:
- Lead end-to-end commercial governance and execution for assigned service agreements and projects (e.g., LTSA/CPA, outages and restorations), ensuring profitability, cash collection, contractual compliance, and stakeholder alignment across Customers, TGO/Japan HQ, and internal functions (Finance, Procurement, Projects Management, Engineering, Legal).
Key Responsibilities
1) Commercial Strategy & Profitability
- Own commercial strategy for assigned accounts/projects to achieve the targeted revenue, cost recovery, and risk-balanced decisions.
- Lead pricing strategy (mark-ups, discounts, escalation), ensuring alignment with management direction and governance.
- Develop commercial scenarios and recommendations (e.g., CPA optimization, interval extension impact, discount trade-offs).
2) Contract & Claims Management
- Manage contract administration and project agreements, ensuring compliance with terms (scope, DoR, variations, LDs, warranty, tax/VAT).
- Draft/review key contractual correspondence (LOIs, settlement letters, escalation letters, dispute notices, reservation of rights).
3) Customer Interface & Negotiation
- Act as main commercial focal point with customer procurement and leadership; drive timely resolution for PO issuance, invoicing, and payment collection.
- Lead negotiation of commercial settlements for emergent works (e.g., restoration, emergency procurement, SABER/COC constraints).
- Conduct executive-level communication, meeting preparation, and MoM follow-ups.
4) Governance, Approvals & Compliance
- Prepare and present management approvals, ensuring robust business case, risk assessment, and financial justification.
- Ensure adherence to internal controls: PR/PO discipline, WBS linkage, cost booking accuracy, segregation of duties, audit readiness.
- Coordinate with Legal, Finance, and Compliance on contentious topics and approvals.
5) Financial Planning, Cashflow & Reporting
- Own project financials: revenue recognition inputs, cost forecasts, cashflow planning, AR aging follow-up, and margin analysis.
- Provide monthly forecast updates (sales plan, backlog, risks/opportunities) and 10/25-year business view when required.
- Drive closure of projects/commercial items and ensure lessons learned captured.
6) Procurement & Vendor Commercial Support
- Lead commercial support for local procurement: vendor evaluation, quotation review, PO terms, payment milestones, and claims.
- Coordinate vendor registration, SABER/COC impacts, and contract terms to enable on-time delivery.
- Ensure transparency and documentation for customer back-charge negotiations while protecting sensitive internal cost structures.
7) Leadership & Team Management
- Lead and coach commercial engineers/specialists; assign priorities, review deliverables, and ensure quality.
- Build cross-functional alignment with PM/Engineering/Operations to prevent scope creep and protect margin.
- Drive continuous improvement in templates, playbooks, negotiation strategy, and internal workflows.
Authority & Decision Rights (Typical)
- Recommend commercial positions for management approval (discounts, mark-ups, settlement terms, claims).
- Approve commercial deliverables within delegated authority (per DOA matrix).
- Sign/issue customer correspondence and internal approvals as per delegation.
Key Interfaces
- External: Aramco/IPPs (Procurement, Plants, CSD/MSSD), EPCs.
- Internal: TGO/Japan HQ, Finance, Procurement, PM, Engineering, Operations, Legal, QHSE, Factory, Compliance.
Key Performance Indicators (KPIs)
- Cash collection
- Margin performance: NP/GM vs plan, cost recovery on variations/claims.
- SO cycle efficiency and governance compliance.
- Timely closure of commercial items and project close-outs.
- Stakeholder satisfaction (customer and internal HQ alignment).
Qualifications
- Bachelor’s degree in Business, Engineering, Finance, Law, or equivalent (Master’s preferred).
- 8-15+ years commercial/contracts experience in power/energy/O&G services/projects.
- Strong understanding of contract law concepts, pricing, cost structure, and financial modelling.
- Experience with Aramco-style procurement/contracts and high-stakes negotiations.
Title: Commercial Leader
Company: Mitsubishi Power Saudi Arabia
Location: Dammam, Saudi Arabia