Job Purpose

To manage commercial activities related to EPC projects, including billing, subcontractor management, purchase coordination, cost monitoring, contract administration, payment follow-up, and ensuring compliance with contractual and financial requirements to support successful project execution.

Key Responsibilities

Commercial & Contract Management

- Review and administer client and subcontractor contracts.
- Monitor contractual obligations, payment terms, and variation orders.
- Prepare and track contractual correspondence, claims, and notices.
- Maintain records of contract amendments, work orders, and change requests.

Client Billing & Revenue Management
- Prepare RA Bills (Running Account Bills) and final bills for clients.
- Coordinate with project teams for measurement validation and bill certification.
- Follow up with clients for invoice approvals and collections.
- Maintain billing registers and payment tracking reports.

Vendor & Subcontractor Management
- Verify subcontractor bills against executed work and contractual terms.
- Process and certify contractor invoices for payment.
- Track subcontractor agreements, retention amounts, and security deposits.
- Reconcile vendor accounts and resolve payment-related discrepancies.

Cost Control & Budget Monitoring
- Monitor project costs against approved budgets.
- Prepare monthly commercial MIS and cost reports.




- Analyze cost variances and recommend corrective actions.
- Track project profitability and forecast cash flow requirements.

Procurement Coordination
- Coordinate with procurement and project teams for material requisitions and purchase orders.
- Ensure compliance with approved rates, budgets, and vendor contracts.
- Support bid evaluation and commercial comparison processes.

Documentation & Compliance
- Maintain commercial records, invoices, contracts, and statutory documents.
- Ensure compliance with company policies and contractual requirements.
- Support internal and external audits.
- Monitor GST, TDS, and other statutory compliance related to project transactions.

Reporting

- Prepare monthly commercial dashboards and management reports.
- Provide updates on billing, collections, pending payments, and project costs.
- Assist management in commercial decision-making and project reviews.

Desired Candidate Profile

Education

- Bachelor's Degree in Commerce, Finance, Business Administration, Civil Engineering, or related field.
- MBA/PGDM or Diploma in Contracts Management preferred.

Experience

- 3 to 8 years of experience in commercial functions within EPC, construction, infrastructure, oil & gas, power, or industrial projects.
- Experience in handling project billing, contract administration, and subcontractor management.

📌 Assistant Officer - Commercial (Mumbai)
🏢 KEC International
📍 Mumbai