Chief Executive Officer- Real estate (Meerut)

Chief Executive Officer- Real estate (Meerut)

19 Oct
|
Mounee Consulting Services
|
Meerut

19 Oct

Mounee Consulting Services

Meerut

Chief Executive Officer ÔÇô IVP Project
Particulars Details
Location Meerut, Uttar Pradesh
Reporting To Managing Director / Board of Directors
Experience Required Minimum 15 years
Qualification Full-time, Regular B. Tech in Civil Engineering
Industry Real Estate / Construction
Employment Type Full-time
Compensation Up to 40 lakh CTC per annum, depending on experience, expertise and suitability

About Indus Valley Promoters Ltd.
Indus Valley Promoters Ltd. is an established real estate development company with a strong presence in Meerut, Western Uttar
Pradesh and the NCR region.
The Company is engaged in the development of residential townships, commercial projects, plotted developments, villas and
apartments. As the organisation continues to strengthen and scale its real estate portfolio, it is seeking an experienced and
business-oriented leader to provide end-to-end leadership for a major project and drive its successful execution and commercial
performance.

Role Purpose
The Chief Executive Officer will provide overall strategic, operational and commercial leadership for the IVP Project.
The role will carry end-to-end responsibility for the project's business performance, profitability, execution, timelines, quality,
cost management, sales, collections, customer delivery, statutory compliance and overall stakeholder management.
The CEO will work closely with the Managing Director and Board of Directors to translate the Company's strategic objectives into
clear business plans and ensure effective coordination across Projects, Finance, Sales, Marketing, CRM, Procurement, Design,
Legal and Liaison functions.
The ideal candidate will be a highly accomplished real estate or construction skilled with the ability to balance engineering
excellence with commercial and business leadership.

Key Responsibilities
1. Strategic and Business Leadership
ÔÇó Provide overall leadership and direction for the IVP Project.
ÔÇó Develop and drive the annual and quarterly business plans in alignment with the Company's strategic objectives.
ÔÇó Own and deliver the project's P&L;, revenue, profitability, budget and cash-flow objectives.
ÔÇó Establish clear business, operational and project performance metrics.
ÔÇó Review business performance regularly and initiate corrective actions wherever required.
ÔÇó Identify opportunities to improve profitability, accelerate revenue generation and enhance operational efficiency.
ÔÇó Present periodic business and project performance updates to the Managing Director and Board.

2. Project Planning and Execution
ÔÇó Ensure timely planning, execution, completion and handover of the project.
ÔÇó Monitor project schedules, milestones and critical paths to ensure adherence to committed timelines.
ÔÇó Drive coordination between Design, Projects, Procurement, Contractors and other stakeholders.
ÔÇó Monitor labour productivity, contractor performance and resource deployment.
ÔÇó Ensure timely availability of materials, equipment and other critical resources.

ÔÇó Identify potential execution risks and bottlenecks and take proactive corrective action.
ÔÇó Drive accountability for project timelines, cost and quality across all stakeholders.

3. Financial and Commercial Management
ÔÇó Take ownership of the overall financial performance and profitability of the project.
ÔÇó Monitor project budgets, costs, cash flow, collections and payment cycles.
ÔÇó Ensure effective cost control and prevent avoidable cost overruns.
ÔÇó Review budget variances and implement corrective measures.
ÔÇó Oversee major commercial decisions, contracts and vendor commitments.
ÔÇó Manage commercial risks and ensure a healthy cash cycle.




ÔÇó Work closely with the Finance team to improve collections, optimise cash utilisation and strengthen financial discipline.

4. Quality, Engineering and Safety
ÔÇó Ensure that construction is executed in accordance with approved drawings, specifications and applicable quality
standards.
ÔÇó Establish strong systems for quality assurance and quality control.
ÔÇó Minimise rework, defects, material wastage and avoidable project costs.
ÔÇó Ensure adherence to site safety standards and statutory requirements.
ÔÇó Review critical quality and safety issues and ensure timely resolution.
ÔÇó Drive a culture of engineering excellence, accountability and continuous improvement.

5. Sales, Revenue and Customer Delivery
ÔÇó Provide strategic oversight to sales performance, bookings, inventory movement and collections.
ÔÇó Work closely with Sales and Marketing teams to ensure achievement of revenue objectives.
ÔÇó Monitor lead conversion, sales productivity and channel partner performance.
ÔÇó Ensure alignment between project progress, customer commitments and possession schedules.
ÔÇó Oversee customer communication, possession and handover processes.
ÔÇó Drive timely resolution of major customer escalations and issues affecting customer satisfaction.

6. Procurement, Contracts and Vendor Management
ÔÇó Ensure timely procurement of materials, services and critical project resources.
ÔÇó Oversee key vendor, contractor and consultant relationships.
ÔÇó Ensure that contracts are commercially sound and aligned with project requirements.
ÔÇó Monitor vendor and contractor performance against agreed timelines, quality and commercial commitments.
ÔÇó Drive efficiency, transparency and cost optimisation in procurement and contracting.

7. Governance, Compliance and Risk Management
ÔÇó Ensure compliance with RERA and all applicable statutory, regulatory and local building requirements.
ÔÇó Coordinate with Legal and Liaison teams for approvals, licences and regulatory matters.
ÔÇó Ensure timely completion of statutory and project-related approvals.
ÔÇó Identify major business, project, financial and operational risks.
ÔÇó Establish appropriate review and escalation mechanisms to mitigate critical risks.
ÔÇó Ensure effective governance, MIS reporting and decision-making systems across the project.

8. Cross-Functional Coordination
ÔÇó Drive seamless coordination across Projects, Finance, Procurement, Sales, Marketing, CRM, Design, Legal and Liaison
functions.
ÔÇó Ensure that critical decisions, drawings, approvals, procurement requirements and commercial commitments are
completed on time.

ÔÇó Break down functional silos and create a culture of collective ownership and accountability.
ÔÇó Resolve major cross-functional issues that could impact project timelines, cost, quality or revenue.

9. Leadership and People Management
ÔÇó Build, lead and develop a high-performing, accountable leadership and project team.
ÔÇó Set clear objectives, KPIs and performance expectations for functional and project leaders.
ÔÇó Conduct structured weekly, monthly and quarterly performance reviews.
ÔÇó Ensure timely identification and resolution of major business and project issues.
ÔÇó Develop a strong culture of ownership, execution excellence, transparency and results orientation.




ÔÇó Mentor senior team members and build leadership capability within the organisation.
Candidate Profile
The successful candidate should possess a strong combination of technical expertise, project execution capability, commercial
acumen and senior leadership experience.
Qualification
ÔÇó Full time, regular B. Tech in Civil Engineering from a recognised institution.
ÔÇó Candidates from reputed institutions, including IITs, NITs and other leading engineering institutes, will be preferred.
ÔÇó The B. Tech qualification should be a full-time regular programme pursued at the beginning of the candidate's
professional career.
Experience
ÔÇó Minimum 15 years of progressively responsible experience in the real estate or construction industry.
ÔÇó Strong and relevant experience in large-scale building construction.
ÔÇó Demonstrated experience in residential and/or commercial real estate development.
ÔÇó Proven exposure to high-rise residential, commercial or large mixed-use developments.
ÔÇó Experience in managing projects with a value of 300 crore or above will be strongly preferred.
ÔÇó Prior experience in senior leadership roles such as CEO, COO, Business Head, Project Director, Construction Head or
equivalent.
Functional Expertise
The candidate should have a strong practical understanding of:
ÔÇó End-to-end project planning and execution
ÔÇó Construction management and engineering
ÔÇó Project budgeting and cost control
ÔÇó P&L; and profitability management
ÔÇó Cash-flow and financial planning
ÔÇó Sales, revenue and collections
ÔÇó Procurement, contracts and vendor management
ÔÇó Labour and contractor management
ÔÇó Quality assurance and quality control
ÔÇó Project risk management
ÔÇó Customer delivery and handover
ÔÇó RERA and statutory compliance
ÔÇó MIS, performance monitoring and business reviews
Market Knowledge
ÔÇó Strong understanding of the NCR and Western Uttar Pradesh real estate markets.
ÔÇó Familiarity with local building regulations, statutory approvals and government liaison processes will be an advantage.

Leadership Competencies
The ideal candidate should demonstrate:
ÔÇó Strong business and commercial acumen

ÔÇó Excellent project execution capability
ÔÇó Strategic thinking with a hands-on approach
ÔÇó Strong financial and cost-management discipline
ÔÇó Decisive leadership and sound judgement
ÔÇó Ability to manage multiple stakeholders
ÔÇó Excellent problem-solving and crisis-management skills
ÔÇó Strong communication and negotiation abilities
ÔÇó Ability to build high-performing cross-functional teams
ÔÇó High levels of ownership, accountability and integrity

Additional Requirements
ÔÇó Age: Preferably between 45 and 49 years.
ÔÇó Career Stability: A stable and progressive career history with demonstrated long-term commitment to previous
organisations.
ÔÇó Location: The candidate should be willing to relocate to Meerut and assume responsibility from Day One.
ÔÇó Travel: Willingness to travel, as required, for business, project and stakeholder requirements.

Compensation
Up to 40 lakh CTC per annum, depending on the candidate's experience, leadership capability, domain expertise, track record
and overall suitability for the role.
Preferred Compensation Structure
The final compensation may include:
ÔÇó Fixed Compensation
ÔÇó Performance-Linked Incentive
ÔÇó Annual Business / Project Performance Bonus, linked to mutually agreed KPIs such as:
o Project milestones
o Cost control
o Revenue and collections
o Profitability
o Timely possession and handover
o Quality and customer satisfaction

📌 Chief Executive Officer- Real estate (Meerut)
🏢 Mounee Consulting Services
📍 Meerut

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