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Senior Manager - Commercial

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Onsite

Senior Manager - Commercial

K Raheja Corp

Senior Manager - Commercial

Skills

BudgetingFinancial ControlContract Management

3 months ago

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Important information


Contract type:

Permanent

Location:

Mumbai, Maharashtra, India

Work mode:

Onsite

Published on:

10 August 2026

What they need


Role & responsibilities

  1. Costing & Budgeting
  • Develop initial project budgets using market intelligence, area statements, and historical benchmarks
  • Analyse architectural, structural, and MEP designs from concept to GFC stages to ensure cost alignment
  • Review and validate cost consultant submissions; conduct variance analysis
  • Benchmark budgets against similar developments to ensure competitiveness
  1. BOQ preparation
  • Review BOQs prepared by cost consultants for technical accuracy and completeness.
  • Ensure timely delivery of tender BOQ in line with the Tender Event Schedule
  1. Rate Benchmarking & Market Intelligence
  • Maintain a dynamic rate database to support accurate project costing and tendering.
  1. Cost Tracking, Reporting & Control
  • Monitor monthly cost progress across projects and flag deviations from approved budgets
  • Prepare monthly cost reports and forecast cost-to-complete
  • Track billing, change orders, and reconcile costs against budgets
  1. Financial Management
  • Maintain oversight of total project costs and billing forecasts
  • Collaborate with Finance and Project Execution teams for accurate forecasting and billing
  • Recommend corrective actions in case of budget overruns or financial risks
  1. Stakeholder Coordination
  • Serve as a key liaison between senior leadership and cross-functional teams
  • Facilitate effective interdepartmental coordination to ensure smooth project execution

Preferred candidate profile

Qualifications & Experience:

  • Bachelors degree in civil engineering
  • 12–15 years of progressive experience in project budgeting, costing, contract management, and financial control
  • Proficiency in software tools such as AutoCAD and CostX
  • Experience in the hospitality sector is preferred

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