28 Oct
|
Turner International India
|
Mumbai
28 Oct
Turner International India
Mumbai
Key Responsibilities
Cost & Commercial Management
• Lead overall pre-contract and post-contract cost management activities from the PMC/client representative side.
• Establish project cost management procedures, reporting formats, trackers and commercial controls.
• Prepare/review cost estimates, budgets, BOQs and cost plans at various stages of the project.
• Review estimates and advise the project/client team on cost implications and opportunities for optimization.
• Maintain overall project cost reports, including committed cost, incurred cost, forecast cost, outstanding liabilities and Estimate at Completion (EAC).
• Prepare and monitor project cash-flow forecasts against approved budgets and project targets. Billing & Measurement
• Review and certify contractor/vendor running account bills and final bills in accordance with contractual terms.
• Verify supporting documents, measurements and Bar Bending Schedules (BBS) as applicable.
• Conduct/coordinate on-site measurement verification against executed quantities.
• Maintain comprehensive bill certification and payment trackers.
• Ensure timely certification while maintaining appropriate commercial and contractual controls. Tender & Procurement Management
• Prepare/review BOQs, tender documents and commercial packages in coordination with technical teams.
• Coordinate with vendors/contractors for commercial quotations and required clarifications.
• Prepare/review commercial comparative statements and bid evaluation reports.
• Lead commercial evaluation of tenders and provide recommendations to the client for contractor/vendor selection.
• Participate in commercial negotiations and support contract award recommendations.
Contract Administration & Change Management
• Review contract documents and provide commercial/contractual comments and recommendations to the client.
• Support the project team on contractual matters, notices, correspondence and commercial issues.
• Establish and manage processes for variations, change orders and additional works.
• Review contractor variation claims, validate entitlement and quantities, assess commercial impact and recommend settlement to the client.
• Maintain variation/change registers and monitor their impact on the overall project budget.
• Support assessment and resolution of claims, disputes and contractual/commercial risks. Value Engineering & Cost Optimization
• Participate in and facilitate Value Engineering (VE) workshops with the client, design consultants, contractors and other stakeholders.
• Evaluate proposed alternatives from a cost and commercial perspective.
• Track identified savings and review the final Value Engineering Report before submission to the client.
• Identify opportunities for cost optimization without compromising quality, safety, functionality or project requirements. Reporting & Stakeholder Management
• Prepare monthly cost reports, outstanding reports, cost incurred reports, cash-flow forecasts and management dashboards.
• Provide clear visibility to the client on budget status, commitments, variations, forecast final cost and key commercial risks.
• Attend project reviews and senior management meetings and provide updates on cost and commercial performance.
• Coordinate closely with client representatives, project managers, design consultants, contractors and vendors.
• Escalate potential budget overruns and commercial risks and recommend appropriate mitigation measures. Experience & Qualification:
• 12+ years of overall experience in Cost Management, Quantity Surveying, Commercial Management and Contract Administration.
• Degree in Civil Engineering / Quantity Surveying / Construction Management or related discipline.
• Solid PMC / Cost Consultancy / Client Representative experience is highly desirable.
• Demonstrated experience managing both pre-contract and post-contract commercial activities on large-scale projects.
• Experience in semiconductor, advanced manufacturing, data centers, pharmaceutical, heavy industrial or other technically complex projects will be preferred.
• Strong knowledge of cost planning, BOQ preparation, quantity take-off, tendering, contractor bill certification, variation/change management, claims and contract administration.
• Experience in cost forecasting, cash-flow management, cost reporting, commercial negotiations and value engineering.
• Strong stakeholder management skills with the ability to coordinate effectively with clients, consultants, contractors and vendors.
• Ability to independently lead the cost and commercial management function from a PMC/client representative perspective.
📌 Cost Manager (Mumbai)
🏢 Turner International India
📍 Mumbai