Job Title

Experience: 15 to 25 yearsCTC: 50 to 70 LPALocation: Mumbai (Mahalaxmi, Chembur, Bandra)Industry: Real Estate Developers preferredJob PurposeThe Contracts Lead role will be responsible for overseeing, managing, and leading the end-to-end contracting process for the assigned real estate projects. This role ensures that contracts are executed efficiently, risks are mitigated, and legal and commercial interests are safeguarded. The position plays a critical role in supporting project delivery and ensuring cost control and compliance with legal standards.Experience• 15+ years of experience in contract management, including at least 5 years in a leadership role within the real estate or construc-tion industry.• Proven track record in handling large-scale real estate projects (residential, commercial, or infrastructure).• Experience in dispute resolution, claims management, and negotiations with contractors/vendors.Educational Qualification:• Bachelor’s Degree in Civil Engineering (BE-Civil) from a reputed institution.• Additional certifications in Contract Management, Legal Compliance, or Construction Management will be an added advantage.Major AccountabilitiesContract Management and Execution• Lead the end-to-end contract lifecycle, including drafting, reviewing, negotiating, and executing contracts for all real estate projects.• Develop standardized templates and processes for contracts to ensure consistency and efficiency.• Ensure timely execution of contracts to align with project schedules and avoid delays.• Prepare and finalize technical specifications, scope of work, and item descriptions for all contracts.• Draft and issue key documents, including Letters of Intent (LOI), Letters of Award (LOA), deviation statements (DOS), work orders, and agreements.• Develop and maintain an updated database of material rates, taxes, and applicable duties for accurate cost estimations.• Conduct rate analysis for all project components, including civil works, finishing, and interior components.• Collaborate with purchase teams, site-in-charge, and contractors for finalization of extra and miscellaneous items.Risk Mitigation and Compliance• Conduct risk assessments to identify and mitigate contractual, financial, legal, and operational risks.• Ensure all contracts comply with relevant laws, real estate regulations, statutory requirements, and IS specifications.• Monitor contractor performance to ensure adherence to legal, safety, and labor law compliance.• Address and resolve deviations, amendments, and variations while safeguarding organizational interests.Claims and Dispute Management• Proactively manage claims, variations, and disputes with contractors and vendors.• Collaborate with internal teams and legal advisors to resolve conflicts in a cost-effective and timely manner.• Develop processes for early identification and escalation of potential disputes.Vendor and Contractor Management• Lead the pre-qualification process for vendors and contractors to ensure alignment with project requirements and company stand-ards.• Evaluate vendor proposals, negotiate pricing, and finalize contracts to achieve cost efficiency without compromising quality.• Maintain strong relationships with contractors and vendors, ensuring accountability and adherence to contractual obligations.Performance Monitoring and Reporting• Establish processes to monitor and evaluate contractor performance, deliverables, and milestones against agreed timelines and quality standards.• Track key contract milestones, providing periodic progress reports on status, risks, cost implications, and variations to senior man-agement.• Implement systems for evaluating project costs and optimizing rate analysis to control deviations and expenditures.Tender Management and Negotiations• Float tender inquiries to shortlisted contractors, consultants, and agencies based on project requirements.• Evaluate tender responses, prepare comparative statements, and recommend vendors through technical and commercial assess-ments.Lead negotiations with contractors and vendors to secure competitive pricing and favorable contract terms.• Ensure timely finalization and issuance of contracts, agreements, and procurement-related documentation.Contract Execution and Cost Control• Monitor and manage contract execution to ensure adherence to timelines, specifications, and project deliverables.• Collaborate with site teams, purchase departments, and contractors to finalize project milestones and assess work durations.• Track and control costs by optimizing rate analysis and addressing deviations promptly.• Maintain process knowledge of taxes, import procedures, letters of credit (LC), and other commercial aspects of contracts.Team Leadership and Development• Lead, mentor, and develop the contracts team to foster a high-performance culture of accuracy, accountability, and process excel-lence.• Provide training on contract management, legal compliance, negotiations, and risk mitigation processes.• Develop standard operating procedures (SOPs) for contract processes and ensure alignment across all project teams.• Collaborate with internal stakeholders, including project, procurement, and legal teams, to ensure seamless project execution and delivery.Work Environment• Primarily office-based with regular site visits for quality checks, audits, and project coordination.• Collaborative work with internal teams such as legal, project management, procurement, and finance to ensure seamless contract execution and project delivery.• Periodic travel to meet with vendors, contractors, and project stakeholders as needed.• The role requires conducting on-site audits to monitor contractor compliance with specifications, safety standards, and quality benchmarks.