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Head of Contracts - Commercial, Procurement & Contracts Lead for Mixed-Use Development
Mumbai, Maharashtra, India · Full Time
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- Experience
- 15–18 yrs
- Salary
- —
- Openings
- 1
- Posted
- 2 weeks ago
- Work mode
- In office
- Education
- Bachelor's degree
- Resume
- Required to apply
Where you'll work
Job description
About the Role
We are seeking a dynamic Commercial, Procurement & Contracts Lead to spearhead all strategic commercial and procurement activities related to a landmark mixed-use development project in Mumbai. This project features a museum/cultural asset, diverse food and beverage outlets, retail spaces, and exemplary public realm areas.
Key Responsibilities
- Craft and execute commercial strategies ensuring alignment with project goals, timelines, and budgets.
- Oversee cost planning, budgeting, estimations, and value engineering across all development segments.
- Track commercial metrics including performance, cost trends, and budget consumption to uncover cost-saving opportunities.
- Collaborate with Project Director and Finance Lead on commercial forecasting and financial decision-making.
- Formulate procurement strategies targeting consultants, contractors, long-lead materials, specialized museum installations, and equipment.
- Lead vendor management activities such as identification, prequalification, capability evaluations, and onboarding.
- Establish and nurture strong partnerships with contractors, suppliers, and service providers for competitive sourcing and on-time delivery.
- Manage procurement schedules to align with project milestones while mitigating supply chain risks.
- Direct comprehensive tendering processes, including preparing tender documents, evaluating bids, conducting negotiations, awarding contracts, and overseeing execution.
- Develop contracting approaches for key construction, specialist, MEP, fit-out, museum, and public realm works.
- Administer contracts throughout their lifecycle handling change orders, variations, claims, time extensions, and close-outs while ensuring compliance.
- Assess and manage commercial risks and enforce contractual adherence across project packages.
- Monitor contractor adherence to commercial commitments, contract deliverables, and project timelines.
- Liaise extensively with planning, construction, finance, design, and project management teams to synchronize procurement and commercial efforts.
- Ensure timely review and processing of bills, payment certifications, procurement schedules, and related commercial documentation.
- Resolve commercial disputes and issues effectively through negotiation and stakeholder engagement.
- Implement robust governance frameworks, procurement policies, and contract management systems to maintain compliance with organizational and statutory standards.
- Identify commercial risks and devise mitigation plans to minimize exposure.
- Champion transparency, ethical procurement, and ongoing enhancements in commercial operations.
Required Qualifications & Experience
- Bachelor’s degree in Civil Engineering, Construction Management, Quantity Surveying, or equivalent disciplines.
- Advanced qualifications such as a postgraduate degree in Construction Management, Contracts Management, NICMAR certification, or Business Administration are advantageous.
- 15 to 18 years of extensive experience in managing commercial, procurement, contracts, and cost controls within large-scale commercial, mixed-use, hospitality, or institutional projects.
- Proven expertise in budgeting, estimation, tendering, procurement strategy, contract administration, and commercial negotiations.
- Comprehensive understanding of construction contracts, procurement norms, cost planning, value engineering, and project commercial management.
- Experience managing high-value contractors, consultants, suppliers, and diverse procurement packages.
- Knowledge of statutory requirements, construction contract frameworks, and commercial practices relevant to Mumbai projects.
- Exposure to premium mixed-use developments, international consultants, and complex multi-stakeholder environments is highly preferred.
Key Competencies
- Strategic commercial planning and cost management
- Procurement and supply chain leadership
- Contract negotiation and administration
- Budget preparation and value engineering expertise
- Commercial risk evaluation and mitigation
- Vendor relationship and stakeholder management
- Financial and commercial insight
- Informed strategic sourcing and decision-making
- Effective leadership and cross-disciplinary collaboration
- Governance and a focus on continuous process improvement