Commercial & Finance Project Manager

About MAX Healthcare:

Healthcare Institute Limited (MHIL) is one of India's largest and most valuable listed private hospital chains, driving innovation and excellence in healthcare for 25 years. Supported by a dedicated workforce of 35,000+ professionals—including 5,000+ clinicians and 12,000+ nurses and paramedics—we operate an expanding network of 22+ advanced healthcare facilities across a strong PAN-India footprint. Beyond our core hospital network, we extend world-class medical care directly to patients through Max@Home, operational across 12 cities, and Max Lab, which offers over 2,700 diagnostic tests in more than 50 cities.

Role Overview:

We are seeking a sharp, commercially astute CA with 15+ years of robust experience explicitly within the Real Estate Developer or large-scale Construction sector. Prior experience working directly with a Real Estate Developer is a strict mandatory requirement for this role. Unlike a traditional, back-end accounting or compliance-heavy role, this position serves as the critical financial anchor and manage commercial and tendering functions throughout the project lifecycle, bid evaluation and contract negotiation and closure. The role ensures commercially viable bids, effective contract administration, cost control, risk management, and compliance with contractual obligations to maximize project profitability.

Key Roles and Responsibilities:

1) Budgetary Control -

Budgetary Control: Conduct rigorous budgetary reviews, structural approvals, and comprehensive financial controls for all new and existing construction projects.

Budget Reviews: Review construction budgets deeply, identify immediate cost-saving opportunities, and perform detailed comparative cost benchmarks against other baseline projects.

2) Bill Auditing, Variances & Cost Controls -

Bill Verification: Audit and approve high-value project running account (RA) bills, validating physical site progress and material consumption against the approved Bill of Quantities (BOQ). - Variation Management: Scrutinize and aggressively challenge contract variations, extra item claims, or vendor escalations by keeping an active pulse on real-world material rates (steel, cement, finishes).

3) Commercial Negotiations & Financial Performance

Commercial Negotiations: Lead and participate directly in high-stakes commercial negotiations with major contractors, sub-vendors, and consultants to extract optimal contract pricing and credit terms.

Spend Tracking: Monitor and govern total Construction Spend closely against target baselines to protect the financial viability of each site pipeline. -

Variance Analysis: Conduct deep-dive variance analysis (Actual vs. Budgeted) on both spend and timelines, providing actionable mitigation playbooks to executive teams.

Compliance Verification: Verify 100% compliance with standard statutory frameworks, tax parameters, and internal audit guidelines across all assigned real estate portfolios.