Senior Manager - Commercial

K Raheja Corp; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

K Raheja Corp in Mumbai invites a seasoned professional for costing, budgeting, and financial control across hospitality-focused projects. You will lead budgeting, cost tracking, and BOQ validation, while coordinating with finance and project teams to ensure cost efficiency and timely delivery.

The role requires a civil engineering degree and 12–15 years of experience in budgeting, costing, and contract management, with proficiency in AutoCAD and CostX. Hospitality sector exposure is preferred.

Qualifications

• Bachelor's degree in civil engineering.
• 12-15 years of progressive experience in project budgeting, costing, contract management, and financial control.
• Proficiency in AutoCAD and CostX.
• Hospitality sector experience preferred.

Responsibilities

• Costing & budgeting: Develop initial project budgets using market intelligence, area statements, and benchmarks.
• BOQ preparation: Review BOQs for technical accuracy and timely tender delivery.
• Rate benchmarking & market intelligence: Maintain dynamic rate database for accurate costing.
• Cost tracking, reporting & control: Monitor monthly cost progress and forecast cost-to-complete.
• Financial management: Oversee total project costs and align with forecasting and billing.
• Stakeholder coordination: Liaise between senior leadership and cross-functional teams.

Skills

Costing & Budgeting

CostX

AutoCAD

Project budgeting

Financial control

Education

Bachelor's degree in civil engineering

Tools

AutoCAD

CostX

Job description

Role & responsibilities

1. Costing & Budgeting

• Develop initial project budgets using market intelligence, area statements, and historical benchmarks
• Analyse architectural, structural, and MEP designs from concept to GFC stages to ensure cost alignment
• Review and validate cost consultant submissions; conduct variance analysis
• Benchmark budgets against similar developments to ensure competitiveness

2. BOQ preparation

• Review BOQs prepared by cost consultants for technical accuracy and completeness.
• Ensure timely delivery of tender BOQ in line with the Tender Event Schedule

3. Rate Benchmarking & Market Intelligence

• Maintain a dynamic rate database to support accurate project costing and tendering.

4. Cost Tracking, Reporting & Control

• Monitor monthly cost progress across projects and flag deviations from approved budgets
• Prepare monthly cost reports and forecast cost-to-complete
• Track billing, change orders, and reconcile costs against budgets

5. Financial Management

• Maintain oversight of total project costs and billing forecasts
• Collaborate with Finance and Project Execution teams for accurate forecasting and billing
• Recommend corrective actions in case of budget overruns or financial risks

6. Stakeholder Coordination

• Serve as a key liaison between senior leadership and cross-functional teams
• Facilitate effective interdepartmental coordination to ensure smooth project execution

Preferred candidate profile

Qualifications & Experience:

• Bachelors degree in civil engineering
• 12-15 years of progressive experience in project budgeting, costing, contract management, and financial control
• Proficiency in software tools such as AutoCAD and CostX
• Experience in the hospitality sector is preferred