Commercial Head / Procurement Head – Grade A Office Building Project Job at Dainik Bhaskar Group

Key Responsibilities:

1. Commercial Management:

• Lead overall commercial planning and cost control for the project lifecycle (pre- construction to handover).
• Prepare, monitor, and control project budgets, cash flows, and cost forecasts.
• Manage billing, certification, variation claims, and final accounts with contractors and consultants.
• Identify and mitigate commercial and contractual risks.
• Ensure compliance with contractual terms, company policies, and statutory requirements.

2. Procurement & Contracting:

• Develop and execute a project-specific procurement strategy aligned with timelines and budgets.
• Handle pre-qualification, tendering, negotiations, and award of contracts for:
• Civil & structural works
• MEP (HVAC, Electrical, Plumbing, Firefighting)
• Façade systems
• Interiors & fit-outs
• Specialist packages (BMS, ELV, lifts, DGs, UPS, etc.)
• Finalize LOIs, work orders, contracts, and amendments.
• Drive competitive sourcing and value engineering initiatives without compromising Grade A standards.

3. Vendor & Stakeholder Management:

• Build and manage a strong vendor and contractor ecosystem.
• Resolve commercial disputes and claims through negotiation and contract interpretation.
• Coordinate closely with Design, Project, Finance, Legal, and Leasing teams.
• Support leasing/sales teams with commercial inputs, CAPEX/OPEX data, and fit- out cost estimates.

4. Contract Administration & Compliance:

• Ensure robust contract administration systems are in place.
• Monitor scope adherence, change management, and cost impact analysis.
• Oversee audits, compliance reviews, and documentation.
• Ensure adherence to safety, ESG, and sustainability-linked procurement norms (if applicable).

5. Reporting & Governance:

• Provide regular MIS, cost reports, procurement status, and risk dashboards to management.
• Participate in management reviews and steering committee meetings.
• Ensure transparent and ethical procurement practices.

Key Requirements:

• Strong expertise in commercial management and procurement for large real estate projects
• In-depth knowledge of contracts (EPC, item-rate, lump sum, PMC models)
• Excellent negotiation and vendor management skills
• Strong understanding of Grade A office building specifications and standards
• Financial acumen: budgeting, cash flow, cost control
• Ability to manage multiple packages simultaneously
• Proficiency in ERP systems, MS Excel, and cost management tools

Qualifications:

• Bachelor’s degree in Engineering / Architecture / Quantity Surveying
• MBA / PG Diploma in Finance, Contracts, or Supply Chain (preferred)

Experience:

• 15–25 years of relevant experience in commercial and procurement roles
• Mandatory experience on large-scale Grade A office / commercial real estate projects
• Prior experience with reputed developers, EPC contractors, or PMCs preferred

Key Performance Indicators (KPIs):

• Cost savings and value engineering outcomes
• Timely procurement and contract closures
• Budget adherence and cost variance control
• Claim resolution efficiency
• Vendor performance and compliance

Dainik Bhaskar is an Indian Hindi-language daily newspaper that is now the largest circulated daily newspaper of India.