
Manager - Contracts & Procurement ( Real estate)
3 days ago
Position Name: Manager Contracts & Procurement
Experience: 8+ yrs
Qualification: BE in Civil
1. Leadership & Strategic Management:
- Oversee the contracts management function across multiple projects, providing strategic direction to internal and external stakeholders to achieve project objectives.
- Ensure organizational contract development and management align with integrity, compliance, and corporate governance principles.
- Serve as a key advisor to senior leadership, offering insights on contract performance, partner management, and risk mitigation.
- Support the development and implementation of contracting frameworks for large-scale projects.
2. Procurement & Tendering:
- Manage end-to-end procurement and tendering processes, including vendor selection, contract negotiation, and finalization.
- Conduct market research to identify innovative, cost-effective products and services aligned with project needs.
- Prepare and review tender documents, issue vendor enquiries, negotiate terms, and recommend vendors for approval per company SOPs.
3. Contract Administration & Execution:
- Draft, review, and manage contracts for contractors and consultants, ensuring compliance with legal, commercial, and organizational standards.
- Monitor adherence to contract terms, conditions, and performance benchmarks throughout the project lifecycle.
- Implement robust controls for procurement processes, cost control, cash flow monitoring, and payment processing.
- Collaborate with Site/PMC Team on contract-related matters to ensure consistency and compliance.
4. Financial Oversight & Reporting:
- Track project budgets against expenditures/WO-PO issuals, forecast cash flow needs, and prepare monthly progress and MIS reports including TES.
- Conduct audits of contractor/vendor bills to verify compliance with contract terms before processing payments in agreed frequency.
- Maintain the Basic Schedule Rates and update every half yearly.
5. Vendor Management:
- Support the pre-qualification and onboarding process for new vendors and contractors in line with regional requirements.
- Prepare a Vendor Database and update as and when onboarding new vendors/contractors/consultants.
- Address vendor-related issues to ensure timely delivery of goods and services at project sites.
- Participate in resolving contractual claims, deviations, and extra work issues as per company policies.
6. Project Coordination & Risk Management:
- Analyze project data to prepare forecasts, identify trends, and support decision-making for improved project performance.
- Review change requests from contractors/consultants, ensuring alignment with project goals, scope, and budgets.
- Manage project transactions efficiently through ERP/SAP and other relevant systems.
7. Process Improvement & Contract Closeout:
- Lead the contract closeout process, ensuring all deliverables are met, and documentation is accurately completed.
- Drive process improvements to enhance efficiency, compliance, and cost-effectiveness within the contracts and procurement functions.
- Collaborate with cross-functional teams to resolve interdepartmental challenges and improve project outcomes.
Qualifications & Experience:
- Bachelors degree in Civil Engineering or/and Construction Management, or a related field
- 8+ years of experience in contracts and procurement, with at least 3-5 years in a managerial role within the real estate or construction industry.
- Proven ability to manage large-scale projects and diverse contractual portfolios effectively.
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