Real estate Experience must
Purpose of Position
End to end responsible for all matters related to procurement of materials, award of contracts, vendor development & relationships for cost effective, on time delivery of quality materials. Growing institutional capabilities ahead of requirement w.r.t. people & processes to provide competitive advantage vis–a-vis industry peer set. Responsible for assurance & governance aspects in Techno Commercial Function across organization. Continuously search & establish best in class sources & origin of alternative materials for competitive edge.
Key Stakeholders
1. Internal – Sales & Marketing, Projects team, Design, Functional Head/ Business Head/ Advisors
2. External – Consultants, Contracting / PMC Agencies, Suppliers/Vendors
Deliverables / Responsible for (results)
- Develop and implement procurement strategies that align with the organization's goals and objectives
- Oversee the entire contract lifecycle, from vendor selection to contract execution and performance evaluation
- Negotiate favorable terms and conditions with suppliers, ensuring cost savings and quality assurance
- Establish and maintain robust supplier relationships to secure the best pricing and service levels
- Lead and mentor the procurement team, providing guidance and support in complex negotiations and contract management
- Ensure compliance with industry regulations, company policies, and ethical standards in all procurement activities
- Collaborate with cross-functional teams to understand project requirements and deliver timely procurement solutions
- Drive continuous improvement initiatives to optimize procurement processes and enhance operational efficiency
- Prepare and present regular reports on procurement performance, cost savings, and supplier KPIs to senior management
Qualifications
Essential
Bachelor's degree in Engineering, Architecture
Desirable/Preferable
Master's degree in Business Administration or Finance
Work Experience (Cumulative)
Total Years (Band)
More than 25 years of work experience.
Years (Relevant)
More than 5 years of independently leading function in mid / large scale organization in relevant sector
Seniority (desirable)
Must have led function for multiple locations / National level
Types of Organization
MNC / Indian / Conglomerates
Types of Sector
Real Estate, Infrastructure
Variety of experience
Qualitative aspects
Competencies
Behavioral / Managerial / Leadership
Technical Domain
Comprehensive understanding of real estate development processes and regulations
Exceptional leadership and team management abilities
Proficiency in project planning, budgeting, and cost control
Strong analytical and problem-solving skills
Expertise in commercial negotiations, contract management, and vendor relations
Excellent communication and negotiation skills
Sound knowledge of construction technologies, materials, and sustainable practices
Strategic thinking and decision-making prowess
Familiarity with real estate financial analysis and investment evaluation
Adaptability and resilience in a dynamic real estate environment
Advanced skills in using project management tools and software
Exceptional leadership and team management abilities
Culture Fit / Personality types / Special imperatives
High on striving and agility – Driven and resilient
Motivated to seek increasing levels of responsibility.
Poised and commanding
Motivated by achievement in the face of tough obstacles
Ability to manage ambiguity and high adaptability
Skills Required
Negotiation, Project Planning, Cost Control, vendor relations, Budgeting, Contract Management