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  2. Director - Commercial Partnerships

Director - Commercial Partnerships

Qiddiya Investment Company

RiyadhFull-time

5–7 years of experience

3 months ago

Job description

Key Responsibilities:

  • Develop and execute the overall commercial strategy aligned with asset objectives and financial targets
  • Define revenue models across all streams including sponsorships, retail, F&B, ticketing (if applicable), and activations
  • Lead revenue planning, forecasting, and target setting in alignment with cultural programming plans and overall asset financial expectations, in coordination with Finance & Performance
  • Own delivery of revenue targets and ensure alignment between commercial activities and financial performance
  • Continuously optimize revenue streams through pricing, product mix, and commercial innovation

Partnerships & Sponsorships:

  • Develop and manage a structured sponsorship and partnership strategy aligned with programming and marketing plans
  • Identify, negotiate, and secure high-value sponsorship and partnership agreements
  • Design sponsorship packages, in collaboration with Programming and Marketing teams, that integrate with cultural programming, experiences, and the visitor journey
  • Manage relationships with sponsors and partners to ensure delivery of contractual obligations and value realization
  • Drive long-term strategic partnerships that enhance both revenue and experience
  • Source, secure, and manage both commercial and non-commercial partners supporting - cultural programming and broader asset operating model and strategic initiatives
  • Maintain and manage relationships with key government and cultural partners, ensuring alignment with programming objectives and overall asset priorities, in coordination with the Cultural Ecosystem & Stakeholder Engagement functio

Retail, F&B & Commercial Operations:

  • Oversee all retail, F&B, and commercial activations across the site
  • Define commercial mix, tenant strategy, and allocation of retail and F&B spaces
  • Manage performance of operators and vendors to ensure quality, compliance, and revenue delivery
  • Ensure commercial offerings are aligned with cultural programming and visitor experience
  • Monitor sales performance and optimize commercial operations accordingly

Integration with Programming & Experience:

  • Work closely with Programming to embed commercial opportunities within cultural experiences
  • Ensure programming supports revenue generation through activations, sponsorships, and retail integration
  • Align commercial activities with visitor flow, dwell time, and engagement strategies
  • Balance commercial objectives with cultural integrity and experience quality
  • Ensure commercial partnerships and revenue initiatives are fully integrated into cultural programming.

Commercial Performance & Optimization:

  • Monitor and analyze performance across all revenue streams (sponsorship, retail, F&B, etc.)
  • Track KPIs including revenue per visitor, conversion rates, and commercial yield
  • Identify underperforming areas and implement corrective actions
  • Provide regular reporting and insights to GM and overall leadership team.

Vendor & Operator Management

  • Oversee commercial vendor and operator selection in coordination with Procurement
  • Manage contracts, commercial terms, and performance agreements
  • Ensure compliance with operational, financial, and brand standards
  • Maintain strong relationships with operators to ensure consistency and performance

Asset & Group Alignment:

  • Align commercial strategy and performance with Asset Management direction and expectations
  • Provide input into business planning, budgeting, and revenue forecasting cycles
  • Coordinate with Group functions where required (e.g., legal, procurement, finance)

Key Success Metrics

Revenue generation and achievement of targets

Sponsorship and partnership value

Retail and F&B performance

Required Skills & Competencies

  • Strong commercial and revenue generation experience

  • Experience in sponsorships, partnerships, and retail operations

  • Negotiation and contract management skills

  • Ability to link commercial strategy with experience delivery

  • Financial and performance management capability

Experience Profile

  • Experience overseeing retail, F&B, or commercial operations within large-scale venues, events, or destinations

  • Strong understanding of:

o Commercial mix and tenant strategy

o Operator management and performance optimization

o Revenue generation through on-ground activations

  • Experience working within:

o Large-scale events, festivals, or entertainment platforms

o Destination or precinct-based environments

  • Ability to link visitor experience with revenue generation

  • Strong understanding of:

o Revenue planning, forecasting, and performance tracking

o Commercial KPIs (e.g., revenue per visitor, conversion, yield)

  • Ability to use data and insights to optimize commercial performance

  • Proven experience leading commercial teams and managing cross-functional collaboration

  • Ability to operate in:

o Fast-paced, high-pressure environments

o Complex, multi-stakeholder settings

  • Experience working with government entities and large organizations is preferred

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