Oversee the administration of subcontractor payments, instructions, contract negotiations and variations in order to limit financial exposure and ensure performance of subcontractor obligations.
To administer contractual and client deliverables and undertake adequate reporting in order to advise management of potential exposures.
To supervise departmental accounting and finance staff in order to ensure the accuracy of reporting of financial data and commercial controls.
To oversee the preparation of subcontracts, consultancy agreements, purchase orders etc in order to ensure construction activities progress according to scheduled timelines and budget.
To oversee the implementation and undertake monitoring of Company procedures relating to Commercial matters in order to ensure project compliance and procedures.
To liaise with project staff and departmental staff (construction, design, and engineering) in order to be aware of possible delays, exposure, alteration to cost/value etc.
To prepare monthly financial reports for project status in order to enable the Company to address any operational issues or undertake appropriate adjustment for financial result for the project.
Oversee preparation of subcontract enquiry documents including bills of quantity, incorporate standard terms and drafting of special conditions
Review of Sub-Contract tenders, supply quotations including negotiation of prices and recommendation of awards.
Review and certify Sub-Contractors, Suppliers and Consultant application for payment
Calculate and evaluate Sub-Contractor payment certifications
Calculation and notification of the costs of variations from Subcontractors
Evaluation of Subcontractor final accounts
Advise and identify potential “claim” situations Finalizing the terms and conditions of the main contract, including price, performance bond, advance payments
Draft terms of Sub-Contracts, supply agreements, design consultancy agreements
Liaise with Legal Officer and Regional Manager to ensure compliance with relevant country legislation.
Undertake settlement of Subcontractor final accounts including negation of variations and claims
Draft responses to subcontractor correspondence of a financial or contractual nature
Preparation in conjunction with PD and PMs project budget
Prepare project cash flow forecast
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