GM - Commercial (Delhi)

GM - Commercial (Delhi)

06 Aug
|
Lodha
|
Delhi

06 Aug

Lodha

Delhi

Profile overview

Candidate with 20-25 Years experience in Contractual Expertise, management of Vendor development, Commercial Strategy & Risk, Financial Control along with Technical Proficiency required.

Role & responsibilities

• Prepare and finalize detailed Project Cost to Complete (CTC)based on design, specifications, and construction methodology. Coordinating the finalization process along with the DCO team.

• Establish cost monitoring systemsand tracking project expenditure against approved budgets.

• Monitoring CM Discretional Spent to be within Organizational norms. • Support management incash flow planning,cost forecasting, andAOP finalizations.

• Ensuretimely certification and closure of vendor bills, minimizing hold-ups and disputes.

• Implementcost control mechanismsto track site-level expenses, consumables, and petty cash usage.

• Work closely with the Procurement teamfor preparation and finalization of work orders, service orders, and amendments.

• Ensuretimely issuance of contract amendmentsfor approved extra items, deviations, and variations.

• Scrutinize and validateextra item proposals, rate analyses, and change orders.





• Maintain acomprehensive contract registerand track deliverables, milestones, and financial commitments.

• Ensure properdocumentation, approvals, and budget adjustmentsfor variations and scope changes.

• Maintain updated records of allcommercial deviationsfor audit and management reporting.

• Drive adherence tocompanys commercial policies and approval protocols.

• Highlight potentialrisks or savings opportunitiesthrough analytical cost insights.

• Support internal and externalaudit requirementsby maintaining transparent documentation.

• Foster close coordination withProject Execution, Planning, Finance, and Designteams for seamless process flow & timely vendor payment. Mentor team members andbuild capability in cost planning and contract management.

Preferred candidate profile

- Education: Diploma / B.E. / B.Tech. in Civil Engineering
- Experience: Minimum 20 years in real estate industry

Skills

- Preparation and checking of bills
- Sub-contractor handling.
- Estimation and costing
- Preparation of MIS reports
- Resource planning
- Excellent communication

📌 GM - Commercial (Delhi)
🏢 Lodha
📍 Delhi

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