Head - Project Commercial (GM)

Job Description Job Title: GM / AVP Project Commercial (Corporate Role) Job Objective: To manage the commercial and procurement functions for a new project or any major renovation/expansion of an existing unit. This includes the commercial oversight of OPEX/CAPEX purchases, procurement of various commodities, equipment, and other project-related requirements while ensuring cost efficiency, risk management, and compliance as per laid processes & guidelines. Manage all vendor contracts and commercial agreements, maintain excellent professional relationships with service providers, and optimize cost, quality, and timelines for project execution. Job Responsibilities: - Drive the commercial strategy and manage the end-to-end procurement and contract lifecycle from planning to execution, ensuring alignment with the project budget and financial objectives. - Conduct a comprehensive commercial evaluation of the scope, quantity & quality, ensuring an optimized procurement and sourcing strategy. Have the entire requirement document (RFP) in place to initiate bid management. - Evaluate responses from bidders, shortlist and negotiate with vendors/service providers, and finalize cost-effective contracts with optimal quality and service levels (SLA's, timelines, and performance standards). - Ensure timely and cost-efficient procurement & availability of all items while mitigating risks related to price fluctuations, supplier performance, and regulatory compliance. - Manage and oversee commercial contracts, procurement policies, and governance frameworks to ensure alignment with organizational goals and compliance. - Implement robust cost-control mechanisms to track budgets, expenditures, and cost variances while ensuring adherence to financial approvals and governance norms. - Oversee vendor risk assessment and ensure that all contractual obligations are met, including adherence to quality standards, delivery timelines, and service-level agreements. - Manage inventory & distribution/indenting process, forecasting future consumption loads for an optimum inventory level. - Track all service orders, receipts, invoices, and payments with a strong focus on commercial efficiency and financial tracking in collaboration with the Finance team. - Excellent collaboration with cross-functional teams like Finance, Legal, Projects, construction partners, and other stakeholders to ensure commercial objectives are met. - Manage all documentation requirements related to procurement, contracts, and compliance, ensuring adherence to legal and regulatory standards. - Plan for department manpower requirements and utilize all team members efficiently. - Continuously identify cost-saving opportunities through vendor negotiations, alternate sourcing, and process optimizations. Key Skills & Competencies: - Commercial Acumen: Strong understanding of procurement, vendor management, contract negotiations, and financial control. - Project Procurement & Sourcing: Expertise in sourcing CAPEX/OPEX materials, equipment, and services while optimizing costs. - Contract Management: Experience in handling legal contracts, vendor agreements, and service-level negotiations. - Financial & Budget Management: Ability to track and control costs, budget adherence, and financial forecasting. - Risk Management & Compliance: Expertise in mitigating procurement risks, supplier risks, and regulatory compliance. - Stakeholder & Vendor Management: Strong relationship management with internal and external stakeholders, including suppliers and service providers. - Negotiation & Cost Optimization: Ability to drive cost efficiencies, negotiate best-value contracts, and manage supplier performance. - Process Improvement & Governance: Implementing best practices for procurement, inventory control, and contract management. - Analytical & Decision-Making Skills: Strong data-driven approach to procurement, project cost analysis, and vendor selection. - Cross-Functional Collaboration: Ability to work closely with Finance, Legal, Projects, and Operations teams. Location: Gurgaon (Corporate Office) Work days: 6 Days from Office