Medanta - General Manager / Head - Project Commercial

Job Objective :

To manage the commercial and procurement functions for a new project or any major renovation / expansion of an existing unit.

This includes the commercial oversight of OPEX / CAPEX purchases, procurement of various commodities, equipment, and other project-related requirements while ensuring cost efficiency, risk management, and compliance as per laid processes & guidelines.

Manage all vendor contracts and commercial agreements, maintain excellent professional relationships with service providers, and optimize cost, quality, and timelines for project execution.

Job Responsibilities :

• Drive the commercial strategy and manage the end-to-end procurement and contract lifecycle from planning to execution, ensuring alignment with the project budget and financial objectives.
• Conduct a comprehensive commercial evaluation of the scope, quantity & quality, ensuring an optimized procurement and sourcing strategy.
• Have the entire requirement document (RFP) in place to initiate bid management.
• Evaluate responses from bidders, shortlist and negotiate with vendors / service providers, and finalize cost-effective contracts with optimal quality and service levels (SLAs, timelines, and performance standards).
• Ensure timely and cost-efficient procurement & availability of all items while mitigating risks related to price fluctuations, supplier performance, and regulatory compliance.
• Manage and oversee commercial contracts, procurement policies, and governance frameworks to ensure alignment with organizational goals and compliance.
• Implement robust cost-control mechanisms to track budgets, expenditures, and cost variances while ensuring adherence to financial approvals and governance norms.
• Oversee vendor risk assessment and ensure that all contractual obligations are met, including adherence to quality standards, delivery timelines, and service-level agreements.
• Manage inventory & distribution / indenting process, forecasting future consumption loads for an optimum inventory level.
• Track all service orders, receipts, invoices, and payments with a strong focus on commercial efficiency and financial tracking in collaboration with the Finance team.
• Excellent collaboration with cross-functional teams like Finance, Legal, Projects, construction partners, and other stakeholders to ensure commercial objectives are met.
• Manage all documentation requirements related to procurement, contracts, and compliance, ensuring adherence to legal and regulatory standards.
• Plan for department manpower requirements and utilize all team members efficiently.
• Continuously identify cost-saving opportunities through vendor negotiations, alternate sourcing, and process optimizations.

Key Skills & Competencies :

Location : Gurgaon (Corporate Office).

Work days : 6 Days from Office.

(ref : iimjobs.com)