AGM/DGM Commercial - Alibaug

Lodha; Alibag; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Lodha in Alibag, Maharashtra, is seeking an AGM/DGM Commercial to lead cost control, budgeting, and all commercial functions of the project, ensuring profitability and adherence to company policies.

You will drive cost planning, vendor management, contract administration, and timely vendor payments, mentoring the team and coordinating with Procurement, Planning, Finance and Design teams.

Qualifications

• Strong commercial acumen and cost-control experience.
• Experience in billing coordination and vendor management.
• Budget analysis and budget-control expertise.

Responsibilities

• Prepare and finalize Project Cost to Complete (CTC) based on design and construction methodology.
• Establish cost monitoring systems and track expenditure against budgets.
• Monitor discretionary spend within organizational norms.
• Support cash flow planning, cost forecasting, and AOP finalizations.
• Ensure timely certification and closure of vendor bills.
• Implement cost control to track site expenses, consumables and petty cash.
• Coordinate with Procurement for work orders, service orders and amendments.
• Issue contract amendments for extras, deviations and variations.
• Validate extra item proposals, rate analyses and change orders.
• Maintain contract register and track milestones and commitments.
• Document approvals and budget adjustments for variations.
• Maintain commercial deviation records for audit and reporting.
• Ensure adherence to company policies and approval protocols.
• Highlight risks or savings opportunities through cost analytics.
• Support audits with transparent documentation.
• Coordinate with Project Execution, Planning, Finance and Design for timely vendor payments.
• Mentor team in cost planning and contract management.

Skills

Commercial acumen

Billing coordination

Vendor management

Budget analysis

Education

BE Civil Engineering

PG (Preferred)

Job description

AGM/ DGM Commercial

Job Profile

To lead and manage the cost control, budgeting, and commercial functions of the project, ensuring effective financial planning, cost monitoring, contract management, and adherence to company policies. The role is responsible for maintaining project profitability, ensuring cost discipline, and supporting management in decision-making through accurate cost analysis and forecasting

Key responsibilities

• Prepare and finalize detailed Project Cost to Complete (CTC) based on design, specifications, and construction methodology. Coordinating the finalization process along with the DCO team.
• Establish cost monitoring systems and tracking project expenditure against approved budgets.
• Monitoring CM Discretional Spent to be within Organizational norms.
• Support management in cash flow planning, cost forecasting, and AOP finalizations.
• Ensure timely certification and closure of vendor bills, minimizing hold-ups and disputes.
• Implement cost control mechanisms to track site-level expenses, consumables, and petty cash usage.
• Work closely with the Procurement team for preparation and finalization of work orders, service orders, and amendments.
• Ensure timely issuance of contract amendments for approved extra items, deviations, and variations.
• Scrutinize and validate extra item proposals, rate analyses, and change orders.
• Maintain a comprehensive contract register and track deliverables, milestones, and financial commitments.
• Ensure proper documentation, approvals, and budget adjustments for variations and scope changes.
• Maintain updated records of all commercial deviations for audit and management reporting.
• Drive adherence to companys commercial policies and approval protocols.
• Highlight potential risks or savings opportunities through analytical cost insights.
• Support internal and external audit requirements by maintaining transparent documentation.
• Foster close coordination with Project Execution, Planning, Finance, and Design teams for seamless process flow & timely vendor payment.
• Mentor team members and build capability in cost planning and contract management.

Qualification

B.E. Civil Engineering + PG (Preferable)

Preferred. Skills

Commercial Acumen, Billing Coordination, Vendor Management, Budget Analysis and Budget Control

Practice & Other requirements

15-22 years