Manager - Commercial -Water Projects (PPP Model)
2 weeks ago
Role Objective
To manage the commercial, financial, and contractual aspects of water infrastructure projects under the PPP model, ensuring cost control, risk mitigation, and effective stakeholder management.
Key Responsibilities
Budget Management & Control
- Develop, monitor, and control project budgets, ensuring alignment with concession agreements and project objectives.
- Track actual costs against budgets, identify variances, and recommend corrective actions.
- Regularly update cost forecasts and financial reports for management review.
Cost Estimation & Analysis
- Prepare detailed cost estimates during feasibility, design, and construction phases.
- Analyze project requirements to identify opportunities for cost savings.
- Work with procurement teams to validate material and service cost data.
Financial Reporting
- Generate periodic financial reports, including cash flow forecasts and cost performance reports.
- Maintain accurate financial records for audits and internal reviews.
- Support project managers with timely cost-related inputs.
Contract & Vendor Management
- Negotiate and administer contracts with vendors and contractors.
- Ensure contractor compliance with cost, schedule, and quality standards.
- Manage claims, variations, and change orders efficiently.
Risk Monitoring & Mitigation
- Identify commercial risks and maintain an updated risk register.
- Support development of mitigation strategies for cost and contract risks.
- Highlight potential cost overruns and suggest alternatives.
Cost Control Systems & Tools
- Implement and manage cost control systems/software.
- Train project teams on best practices for cost monitoring.
- Drive process improvements in cost reporting.
Collaboration & Reporting
- Work closely with engineering, procurement, finance, and project management teams.
- Present commercial updates to senior management and external stakeholders.
- Lead cost review meetings and provide strategic inputs.
Compliance & Governance
- Ensure all commercial activities adhere to company policies and statutory regulations.
- Support internal and external audits.
- Maintain governance standards in line with PPP frameworks.
Key Skills & Competencies
- Strong knowledge of PPP models.
- Expertise in budgeting, cost control, contract management, and financial modeling.
- Excellent vendor negotiation and stakeholder management skills.
- Proficiency in risk analysis and commercial reporting.
Qualifications
- Bachelors in engineering (Civil/Mechanical/) or Commerce with MBA/PGDM in Finance/Contracts/Infrastructure, or NICMAR.
- 1015 years of commercial/contract management experience in infrastructure projects; at least 5 years in PPP water & infra sector.
Reporting To: Head Commercial
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