Commercial Manager (Interior Fit-Out)

Company: Creatabar Interior Architect
Location: Kochi, Kerala
Job Type: Full-time
Work Mode: In Person
Salary: ₹40,000 – ₹60,000 per month
Experience: 6–10 Years

Job Summary

Creatabar Interior Architect is looking for an experienced Commercial Manager to oversee the commercial and financial aspects of interior fit-out projects. The role involves managing project budgets, cost control, contracts, procurement negotiations, client billing, cash flow, and project profitability.

The ideal candidate should have strong experience in estimation, BOQ preparation, commercial negotiations, project cost management, and contract administration.

Key Responsibilities1. Estimation & Pre-Contract Management

- Review project estimates, BOQs, rate analysis, and vendor quotations.
- Validate project costing strategies and profit margins before proposal submission.
- Coordinate with sales and estimation teams on pricing strategies and commercial negotiations.
- Review project scope, exclusions, assumptions, and potential commercial risks.

2. Contract Management

- Prepare and review work orders, agreements, and commercial terms.
- Review payment terms, penalty clauses, and contractual conditions.
- Ensure clear definition of project scope, inclusions, and exclusions.
- Manage variation clauses and contractual documentation.

3. Project Cost Control & Budgeting

- Prepare project budgets and cost baselines.
- Monitor material, labour, and vendor costs against approved estimates.
- Conduct regular cost-versus-revenue analysis.
- Identify budget deviations and recommend corrective actions.
- Monitor project profitability and cost performance.

4. Procurement & Vendor Management





- Negotiate with vendors and finalise commercial rates.
- Evaluate vendor quotations and ensure competitive pricing.
- Negotiate payment terms in line with client billing schedules.
- Monitor purchase orders, material costs, and delivery commitments.
- Maintain an approved vendor database.

5. Billing & Cash Flow Management

- Plan and monitor client billing milestones.
- Manage running account (RA) bills and invoice submissions.
- Follow up on bill certification and client payments.
- Monitor outstanding payments and collection status.
- Coordinate outgoing payments with incoming project cash flow.

6. Variations & Claims Management

- Identify and document scope changes and additional works.
- Prepare variation claims and cost impact reports.
- Coordinate with clients to obtain approvals for additional works.
- Negotiate commercial terms related to project variations.

7. Project Financial Closure

- Manage final account settlements and project financial closure.
- Coordinate vendor account reconciliation and settlement.
- Analyse planned versus actual project profitability.
- Identify cost improvements for future projects.

8. Reporting & Coordination

- Prepare weekly and monthly reports on project profitability, cost variations, collections, and outstanding liabilities.
- Coordinate with Accounts, Project Managers, Sales, Procurement,



and Estimation teams.
- Maintain accurate commercial and financial project records.

Requirements & Qualifications

- B.Tech / B.E. in Civil Engineering or B.Arch / Interior Design with solid commercial experience.
- 6–10 years of relevant experience in commercial management, preferably in interior fit-out or construction projects.
- Strong knowledge of estimation, BOQ preparation, and rate analysis.
- Experience in project cost control, budgeting, and profitability management.
- Proven experience in vendor negotiations, procurement, billing, and contract management.
- Knowledge of running account bills, payment terms, and cash flow management.
- Understanding of variation claims and commercial risk management.
- Strong analytical, negotiation, communication, and coordination skills.
- Ability to manage multiple projects and meet commercial targets.

Preferred Qualifications

- MBA in Finance, Operations, or Construction Management.
- Certification in Quantity Surveying or Contract Management.
- Knowledge of FIDIC contract conditions is an advantage.

Key Performance Indicators (KPIs)

- Project gross profit margin.
- Actual cost versus estimated cost.
- Client payment collection efficiency.
- Variation claim approval rate.
- Procurement cost savings.
- Timely completion of project financial closure.

Additional Information

- Education: B.Tech / B.E. (Civil) or B.Arch / Interior Design
- Experience: 6–10 Years
- Salary: ₹40,000 – ₹60,000 per month
- Preferred Industry: Commercial Interior Fit-Out / Construction
- Work Location: In Person

Pay: ₹40,000.00 - ₹60,000.00 per month

Work Location: In person

📌 COMMERCIAL MANAGER (Kochi)
🏢 Creatabar
📍 Kochi