Commercial Incharge - Project

We are looking for Commercial Incharge for Voltas ltd, for their Tata steel project at Kalinganagar, Odisa.

KEY DELIVERABLES:-

- Contractual /Legal Commercial Risk Evaluation Setting up Technical & Commercial

- Support to Tendering Team in Costing.

- Support During Contract negotiation -Finalization

- Resolving issue of BG formats with client

- Validation of LOI Terms as per Offer

- Validation of SOP requirement before GO opening

- Validation of Price/Tax Structure / Provision and Margin before Budget Approval /release

- Preparing summary of Key deliverables with responsibilities for monitoring . i.e. time lines, Commodity prices, Major equipment cost , Exchange rate , O&A budget etc.

- Preparing Project Cash Flow and TO /GM Plan in consultation with Project Manager

- Obtaining Escalation Matrix from customer and clarification in respect of documentation for Invoicing , certification and payment release

- Monitoring project progress with respect to Key deliverables

- Review with responsibility centers and reporting / escalating in respect of BG / Retention / EOT/ LD / Statutory Variations / Contractual escalations / Amendments etc

- Arranging for comprehensive review in the case of negative deviations beyond contingencies.

- Ensuring updation of Revised Revenue and cost estimates in SAP - Approvals for Budget supplements and Sales Order Supplements based on valid documents and approvals (in case of negative deviations)

- Alerting BD team about major deviation in assumptions for necessary corrections in future estimation.

- Correspondance with customers on 'Commercial' (non-technical ) issues

- Ensuring submission of contractual escalations / variation claims

- Prepare Cash Flow (collection Plan ) and Fund allocation(Payment ) plan based on aging and project requirement.

- Job Variance review and materials reconciliation.

- Confirmation of Final CV and Outstanding on the project from customer

- Setting up of monthly targets for MIGO, Invoicing & Collection in consultation wth OM, Planning & Materials

- Daily Review of actual performance against targets

- Monthly Review of Jobs with OM/CCM and Project Managers - WIP, IWIP, Cost to come, Deviations, revision in estimates etc

- Follow up with customers for O/S

- Collection of TDS Certicates and C Forms

- Updating on changes in taxes and statutes which are affecting operations

- Monthly Review of Proforma Invoices raised and status of regularization

- Review of unlinked credits, EFTs and adjustment of the same

- Review of all O/s > 2 years for proper documentary proof to ensure acknowledgemnt of debt by the customer (not to attract 3 years limitation clause )

- Co-ordination with Internal Audit for audit schedules and ensuring timely replies to Audit

- Preperation of reports for jobs > Rs.10 Crores to Management

Qualification: CA/ICWA/CS

If Intrested, please contact ruchi@capmax.co.in or 9769985161