Contracts Manager

Job Description: Contracts Manager Hotel/High Rise

Location:

Chennai

Job Summary:

The Contracts Manager will act as the Single Point of Contact (SPOC) for all contract-related matters in high-rise residential projects.
This role requires extensive experience in the construction field, with a focus on contract management, negotiation, and administration. The ideal candidate will have 20 to 25 years of experience and a proven track record in managing contracts for large-scale residential projects. A background in Project Management would be an added value.

Budget and Earnest Value:

Budget Management: Develop and manage project budgets, including detailed estimation, cost control, and regular monitoring. Use Earned Value Management (EVM) techniques to track budget performance and predict future costs. Manage cash flow forecasting and ensure timely invoicing and payments. Handle change orders and maintain transparent communication with stakeholders regarding budget status.

Key Responsibilities:

• Contract Management

  : Oversee and manage all contract-related activities for high-rise residential projects. Ensure compliance with all contractual obligations and terms. Monitor contract performance and ensure that all terms and conditions are met.

• Budget and Earnest Value:

  and manage project budgets, including detailed estimation, cost control, and regular monitoring. Use Earned Value Management (EVM) techniques to track budget performance and predict future costs. Contract Negotiation: Lead contract negotiations with clients, subcontractors, suppliers, and other stakeholders. Develop and maintain strong relationships with key stakeholders to facilitate smooth contract negotiations. Identify and mitigate risks associated with contract terms and conditions.

• Documentation and Administration

  : Prepare, review, and approve all contract documentation, including agreements, amendments, and extensions. Maintain accurate records of all contracts and related correspondence. Ensure that all contract documents are properly archived and accessible.

• Dispute Resolution

  : Manage and resolve any disputes or claims arising from contracts. Work with legal teams and other stakeholders to address contract-related issues. Implement effective dispute resolution strategies to minimize project disruptions.

• Compliance and Reporting

  : Ensure compliance with all legal and regulatory requirements related to contracts. Prepare and present regular reports on contract status, performance, and compliance. Conduct periodic audits to ensure adherence to contract terms and company policies.

Qualifications:

• Bachelors degree in civil engineering, Construction Management, or a related field. A Master’s degree or professional certifications (e.g., MRICS, CPCM) is a plus.
• Minimum of 10 to 15 years of experience in contract management within the construction industry, specifically in high-rise residential projects.
• In-depth knowledge of contract law, construction contracts (CPWD, PWD, CIDC, IS Codes, IEI Contracts, FIDIC, JCT), and industry standards.
• Proven experience in negotiating and managing large-scale construction contracts.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in contract management software and Microsoft Office Suite.
• A background in Project Management would be an added value.

Personal Attributes:

• Strong leadership and team management abilities.
• High level of integrity and professionalism.
• Detail-oriented and highly organized.
• Ability to work under pressure and meet tight deadlines.