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Commercial Manager

Talentmate

India

3rd October 2026

2610-55681-6

Job Description

1. 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.

Job Details

Role Level:	Mid-Level	Work Type:	Full-Time
Country:	India	City:	Chennai ,Tamil Nadu
Company Website:	https://www.adityaramproperties.com/	Job Function:	Sales
Company Industry/ Sector:	Real Estate

What We Offer

About the Company

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