AGM/DGM Commercial - Palava

Lodha
  • Posted On: 2026-04-10 14:15:06
  • Openings: 10
  • Applicants: 0
Job Description

AGM/ DGM Commercial


Job Profile

To lead and manage the cost control, budgeting, and commercial functions of the project, ensuring effective financial

planning, cost monitoring, contract management, and adherence to company policies. The role is responsible for

maintaining project profitability, ensuring cost discipline, and supporting management in decision-making through

accurate cost analysis and forecasting


Key responsibilities:

  • Prepare and finalize detailed Project Cost to Complete

(CTC) based on design, specifications, and construction

methodology. Coordinating the finalization process along with

the DCO team.

  • Establish cost monitoring systems and tracking project

expenditure against approved budgets.

  • Monitoring CM Discretional Spent to be within Organizational

norms.

  • Support management in cash flow planning, cost forecasting,

and AOP finalizations.

  • Ensure timely certification and closure of vendor bills,

minimizing hold-ups and disputes.

  • Implement cost control mechanisms to track site-level expenses,

consumables, and petty cash usage.

  • Work closely with the Procurement team for preparation and

finalization of work orders, service orders, and amendments.

  • Ensure timely issuance of contract amendments for approved

extra items, deviations, and variations.

  • Scrutinize and validate extra item proposals, rate analyses,

and change orders.

  • Maintain a comprehensive contract register and track

deliverables, milestones, and financial commitments.

  • Ensure proper documentation, approvals, and budget

adjustments for variations and scope changes.

  • Maintain updated records of all commercial deviations for

audit and management reporting.

  • Drive adherence to companys commercial policies and

approval protocols.

  • Highlight potential risks or savings opportunities through

analytical cost insights.

  • Support internal and external audit requirements by

maintaining transparent documentation.

  • Foster close coordination with Project Execution, Planning,

Finance, and Design teams for seamless process flow & timely

vendor payment.

  • Mentor team members and build capability in cost planning

and contract management.



Qualification:

B.E. Civil Engineering + PG (Preferable)


Preferred. Skills: Commercial Acumen, Billing

Coordination, Vendor Management, Budget

Analysis and Budget Control

Practice & Other requirements:

15-22 years





More Info
Full Time
o
Miscellaneous
Not Disclosed
English
Not Disclosed
Education
Any Graduate
Not Disclosed
Required Skills
Budget analysis Billing budget control Vendor Management commercial acumen Agm Vendor Management

Contact Details
Lodha
+91 987654567
nri.support@lodhagroup.com
  • Experience6+ years
  • Salary Above 10 LAKHS ANNUALLY
  • Location for Hiring Mumbai
  • Apply Now
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