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Medanta - Head / General Manager / AVP - Project Commercial
MedantaGurgaon, India1 day ago
Job descriptionDrive 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 (SLA's, 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. Commercial Acumen : Strong understanding of procurement, vendor management, contract negotiations, and financial control. Project Procurement & Sourcing : Expertise in sourcing CAPEX / OPEX materials, equipment, and services while optimizing costs. Contract Management : Experience in handling legal contracts, vendor agreements, and service-level negotiations. Financial & Budget Management : Ability to track and control costs, budget adherence, and financial forecasting. Risk Management & Compliance : Expertise in mitigating procurement risks, supplier risks, and regulatory compliance. Stakeholder & Vendor Management : Strong relationship management with internal and external stakeholders, including suppliers and service providers. Negotiation & Cost Optimization : Ability to drive cost efficiencies, negotiate best-value contracts, and manage supplier performance. Process Improvement & Governance : Implementing best practices for procurement, inventory control, and contract management. Analytical & Decision-Making Skills : Strong data-driven approach to procurement, project cost analysis, and vendor selection. Cross-Functional Collaboration : Ability to work closely with Finance, Legal, Projects, and Operations teams.
Head Project Commercial (GM)
Job Title : GM / AVP - Project Commercial (Corporate Role).
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 :
Key Skills & Competencies :
Location : Gurgaon (Corporate Office).
Work days : 6 Days from Office.
(ref : iimjobs.com)
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Project Project • Gurgaon, India
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