Key Accountabilities:

• Provide inputs to supervisor on commercial aspects of the project management program
• Define documentation guidelines for financial reporting on the project; Oversee adherence to the same on an on-going basis
• Evaluate options for addressing significant deviations from the plan in consultation with supervisor
• Evaluate risks and opportunities identified by the project teams in consultation with supervisor
• Perform valuations with respect to the potential financial impact of key risks/opportunities
• Adjust project costs to reflect the same for tendering as well as during project execution
• Advise and support relevant project teams on mitigating risks and leveraging opportunities
• Oversee and direct team on collecting payments from clients in a timely manner; seek support from supervisor in case of any issue
• Monitor project cash flows against forecasts on an on-going basis
• Guide subordinates or relevant project teams on taking corrective action for any deviations from forecast
• Raise unresolved issues to supervisor in a timely manner for subsequent planning and resolution
• Conduct commercial negotiations with client during the initial contracting process; Seek inputs from supervisor and project teams on technical aspects
• Oversee timely issue of notices to the client for any subsequent variations in scope of work, sequence of work, timelines, documentation requirements, etc. from the original contract
• Provide necessary clarifications to the client for any queries/concerns related to such notices issued
• Inform the Head of Commercial on major deviations from project scope and outcomes of high-impact negotiations
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Requirements:

• Total work experience: 15++ years in experience in managing the commercial department of projects of similar size/complexity
• Project management knowledge across construction projects in multiple domains viz. civil, building, tunnelling (preferable)