Commercial Manager (LTA Project)

Job Description & Requirements

Job Duties

Commercial planning & monitoring

• 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 analysing 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 teams

Cash flow management

• 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

Client Claims

• Conduct commercial negotiations with client during the claims process; Seek inputs from engineers 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

Supplier/sub-contractor management

• Create procurement strategy for the project in conjunction with supervisor
• Review and approve procurement schedules created by subordinate
• Guide subordinate on evaluation of sub-contractors, preparation of contracts and monitoring of sub-contractor performance
• Monitor critical sub-contracted work as directed by supervisor

• Bachelor’s degree in Quantitative Surveying or relevant
• Total work experience: 8-10 years in experience in managing the commercial department of projects of similar size/complexity
• Bonus if candidate has knowledge across construction projects in multiple domains, including but not limited to roads, railways, tunnels etc.
• LTA work experience preferred