Manager - Contracts & Procurement ( Real estate)

1 day ago

Bengaluru, Karnataka, India Featherlite Developers Full time ₹ 15,00,000 - ₹ 25,00,000 per year

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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