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Aditya Ram Properties

Commercial Manager

chennai, Tamilnadu, IndiaContractPosted today

Skills

ExcelNegotiationCommunication

Job description

  • 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. 2. 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. 3. 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 - Strong Negotiation & Communication Skills - ISMB / PEB Structure Costing Knowledge Must - Should have handled projects - Township / Convention / Studio / High-rise.
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