Job Description

Role & responsibilities The role is responsible for planning & monitoring of commercial aspects of the project; identification, valuation and advisory support to project teams with respect to commercial risks & opportunities; monitoring and tracking project cash flows; and leading commercial discussions/negotiations with clients, sub-contractors and suppliers with the objective of minimizing financial cost, maximizing financial recovery and limiting contractual and commercial exposure to dispute. 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 Guide subordinates on analyzing project revenues and direct/indirect costs against forecasts Evaluate options for addressing significant deviations from the plan in consultation with supervisor Advise and support relevant project teams on corrective action Provide necessary support with respect to documentation, etc. to external audit team. 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 Liaison with financial institutions for timely payment to suppliers and sub-contractors 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 Preferred candidate profile Total work experience: 15+ years Total relevant experience: 3-5 years of experience in managing the commercial department of projects of similar size/complexity Knowledge of construction industry Knowledge of legal aspects relevant to contracting Planning & time management skills Process orientation Best Regards, Nikhil Thamarakshan