Assistant General Manager

WE ARE HIRING
Role: Regional Commercial Lead
Designation: AGM/ DGM CM(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
Qualification:
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.
B.E. Civil Engineering + PG (Preferable)
Preferred. Skills: Commercial Acumen, Billing
Coordination, Vendor Management, Budget
Analysis and Budget Control
¢ Monitoring CM Discretional Spent to be within Organizational
norms.
Practice & Other requirements:
¢ Support management in cash flow planning, cost forecasting,
and AOP finalizations.
15-20 years experience
¢ 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.

About Lodha
Shape the future of real estate
At Lodha, we are not merely constructing buildings; we are redefining the way people live
and work. We are driven by our purpose of Building a Better Life, to elevate the living
experience in India to international standards. Having delivered 60,000+ homes, we view
real estate as more than physical spaces; it's about enriching lives through nurturing and
enabling environments. With the Indian real estate sector poised for exponential growth,
estimated to be $5.8 trillion by 2047*, Lodha is uniquely positioned to shape this future.
Create a tomorrow thats better than today
We are committed to leaving a net positive impact on the environment as well as the
communities we touch. We have set an ambitious goal to become a net-zero carbon
emissions company by 2050 and are leading the way in global sustainability benchmarks.
Our Lodha Net Zero Urban Accelerator, in partnership with RMI India Foundation, is driving
the building sector's contribution to India's net-zero emissions target. Our social impact
initiatives include Unnati which champions female participation in the workforce and the
Lodha Genius Programme that nurtures nations brightest young minds and instills a spirit of
giving back to the society.
Be a part of the dynamic culture
Our greatest asset is our people. With a team of approximately 4,800 associates, we live
by our Employee Value Proposition - Build the Best, Be the Best. We champion a 'talent-first'
culture, deeply rooted in the principles of inclusivity, diversity, and fairness attracting talent
from diverse industries. Visionary leadership, coupled with an empowering environment and
continual learning opportunities enable our associates to pave a pathway to excellence and
success.
Are you ready to be part of something extraordinary? The journey begins here.
Come, discover your potential at Lodha.
*Source: Naredco-Knight Frank report