Regional Commercial Lead (Palava)

Job Responsibilities.

• Prepare and finalize detailed Project Cost to Complete (CTC) based on design, specifications, and construction methodology. Coordinating the finalization process along with the DCO team.
• Establish cost monitoring systems and tracking project expenditure against approved budgets.
• Monitoring CM Discretional Spent to be within Organisational norms. 
• Support management in cash flow planning, cost forecasting, and AOP finalizations.
• Ensure timely certification and closure of vendor bills, minimizing hold-ups and disputes.
• Implement cost control mechanisms to track site-level expenses, consumables, and petty cash usage.
• Work closely with the Procurement team for preparation and finalization of work orders, service orders, and amendments.
• Ensure timely issuance of contract amendments for approved extra items, deviations, and variations.
• Scrutinize and validate extra item proposals, rate analyses, and change orders.
• Maintain a comprehensive contract register and track deliverables, milestones, and financial commitments.
• Ensure proper documentation, approvals, and budget adjustments for variations and scope changes.
• Maintain updated records of all commercial deviations for audit and management reporting.
• Drive adherence to companys commercial policies and approval protocols.
• Highlight potential risks or savings opportunities through analytical cost insights.
• Support internal and external audit requirements by maintaining transparent documentation.
• Foster close coordination with Project Execution, Planning, Finance, and Design teams for seamless process flow & timely vendor payment.
• Mentor team members and build capability in cost planning and contract management.