Procurement & Contracts Manager - Real Estate Projects

Job Summary:

We are seeking an experienced senior professional in Procurement & Contracts role to lead end-to-end procurement and contract management functions for high-rise, township, and infrastructure projects. The role involves strategic procurement planning, vendor management, contract administration, cost control, and cross-functional coordination to ensure timely and cost-effective project execution. The candidate should have exposure to the Bangalore and Hyderabad regions.

Key Responsibilities:

1. Procurement Planning & Strategy:

- Develop and implement procurement strategies aligned with project timelines and budgets.

- Prepare procurement schedules for civil, MEP, finishing, and infrastructure packages.

- Identify cost-saving opportunities without compromising quality and timelines.

- Monitor market trends for construction materials including steel, cement, MEP equipment, and finishing materials.

2. Vendor Sourcing & Management:

- Identify, evaluate, and onboard qualified contractors, subcontractors, and suppliers.

- Conduct techno-commercial evaluations and vendor comparisons.

- Maintain an approved vendor database.

- Negotiate rates, payment terms, and contractual conditions.

- Monitor vendor performance, quality standards, and delivery timelines.

3. Contract Management:

- Draft, review, and finalize contracts including item-rate, lump-sum, turnkey, and EPC.

- Ensure contracts comply with company policies and applicable laws.

- Manage variation orders, change orders, claims, and disputes.

- Track contract performance and ensure adherence to scope, timelines, and cost.

- Coordinate with legal and project teams for contract finalization.

4. Cost Control & Budget Management:

- Work closely with project and QS teams for BOQ validation and cost benchmarking.

- Analyse project budgets and ensure procurement is within approved limits.

- Review RA bills and payment certifications in coordination with finance and project teams.

- Support value engineering initiatives.

5. Compliance & Documentation:

- Ensure compliance with local regulatory requirements in Karnataka.

- Maintain accurate procurement documentation and audit trails.

- Support internal and external audits.

- Implement and maintain SOPs for procurement and contracting processes.

6. Cross-Functional Coordination:

- Collaborate with Design, Projects, Finance, Legal, and Planning teams.

- Participate in project review meetings.

- Ensure timely material delivery to avoid project delays.

Qualifications:

- Bachelor's Degree in Civil Engineering (preferred) or Mechanical Engineering.

- Postgraduate qualification in Supply Chain or Contracts Management (preferred).

- 10+ years of experience in procurement and contracts within real estate, high-rise, township, or infrastructure projects.

- Strong knowledge of construction contracts, commercial terms, and vendor management.

- Good understanding of BOQ, rate analysis, and cost benchmarking.

Experience: 15-20 Years