- ROLE SUMMARY:

Commercial Manager will be responsible for overall Commercial, Contracts, Costing, Billing, Budget Control and Procurement for all projects. He will be the custodian of Cost and Profitability.
- KEY RESPONSIBILITIES:

A. Estimation &
- Budgeting:
- Prepare Detailed Project Budget from Conceptual Drawings to GFC.
- Prepare BOQ for Civil, ISMB / PEB Structure, Finishing, MEP, HVAC, Interiors, Landscape, Roads &
- Infra.
- Rate Analysis, Market Rate Study, Value Engineering to reduce cost by 3-5%.
- Prepare Cash Flow Statement - Monthly / Quarterly.

B. Contracts &
- Tendering:
- Preparation of Tender Documents, NIT, GCC, SCC, Technical Specifications.
- Floating enquiries to 10+ Contractors / Vendors, Technical &
- Commercial comparison (CS).
- Negotiation and Finalization of Work Orders / Agreements - Lump-sum, Item Rate, Labour Contracts.
- Ensure all agreements have all clauses - Scope, Time, Penalty, Retention, Defect Liability.

C. Billing &
- Certification:
- Checking and Certification of RA Bills from Civil, MEP, Interior, Landscape Contractors.
- Joint measurement verification with Site QS Team.
- Client Billing, Consultant Billing, Reconciliation with Work Order Value.
- Control on Excess / Extra Items - No payment without proper approval.

D. Cost Control &
- Commercial Management:
- Monitor Project Cost vs Budget - Weekly Cost Report to Management.




- Maintain Cost to Complete Statement.
- Control Material Consumption - Steel, Cement, Electrical, HVAC - Theoretical vs Actual.
- Material Procurement Planning - Bulk procurement for Villas / Towers, Clubhouse etc.
- Coordination with Purchase Dept for timely material delivery.

E. Client &
- Contractor Management:
- Commercial discussion with Contractors for Final Settlement, Retention release, Security Deposit.
- Handling Claims, Variations, Escalations as per Contract Clauses.

F. Coordination &
- Reporting:
- Weekly MIS - Budget vs Actual, Committed Cost, Billing Status, Cash Flow.
- Coordination with VP-Projects, Site Team, Architects, Accounts, Legal.
- Maintain all Commercial Data - Work Orders, Bills, BOQ in ERP / Excel.
- KPI - Key Performance Indicators:
- Budget Accuracy - 95%
- Cost Saving - 3% through negotiation
- Zero Wrong Certification
- Timely Bill Certification - Within 3 Days
- Monthly Cost Report on Time

Requirements

1. REQUIRED SKILLS:
- Strong Knowledge of Civil, Finishing, MEP Costing - Projects Added Advantage
- Expertise in MS Excel (Advanced), AutoCAD, ERP, MS Project
- Knowledge of IS Codes, Market Rates in Chennai / Hyderabad
- Robust Negotiation &
- Communication Skills
- ISMB / PEB Structure Costing Knowledge Must
- Should have handled projects - Township / Convention / Studio / High-rise.

📌 Commercial Manager (Chennai)
🏢 Adityaram Properties Private
📍 Chennai