Commercial Manager – Procurement Jobs 2026 | Full Time | Engineering Background Required

A leading organization is hiring a Commercial Manager – Procurement to manage subcontract administration, commercial controls, contract negotiations, and project financial governance. This role is ideal for candidates with a strong engineering background (BE / BTech / MTech) and hands-on experience in procurement, contracts, cost control, and project finance.

The position plays a critical role in ensuring financial compliance, contractual accuracy, risk mitigation, and timely project delivery across construction or engineering-led projects.

Quick Job Overview – Commercial Manager (Procurement)

Eligibility Criteria

Role Overview – Commercial Manager (Procurement)

As a Commercial Manager, you will be responsible for managing subcontracts, supplier agreements, financial reporting, commercial risk, and compliance across projects. The role requires close coordination with engineering, construction, design, finance, and legal teams to ensure contractual obligations and financial objectives are met.

You will oversee subcontract payments, tender evaluations, variation claims, project budgets, and cash flow forecasting while ensuring compliance with internal procedures and local legislation.

Key Responsibilities

• Administer subcontractor payments, instructions, variations, and negotiations
• Monitor contractual obligations to minimize financial and legal exposure
• Oversee preparation of subcontracts, consultancy agreements, and purchase orders
• Ensure procurement and commercial procedures comply with company policies
• Supervise finance and commercial staff for accurate financial reporting
• Prepare monthly project financial status reports and risk exposure summaries
• Review and negotiate subcontract tenders, supplier quotations, and awards
• Certify subcontractor, supplier, and consultant payment applications
• Calculate subcontractor variations, claims, and final accounts
• Identify and advise on potential contractual and claim risks
• Finalize main contract terms including pricing, bonds, and advance payments
• Coordinate with legal and regional leadership on regulatory compliance
• Prepare project budgets and cash flow forecasts with PDs and PMs

Required Skills & Competencies

• Strong understanding of procurement, contracts, and commercial controls
• Experience in subcontract management and tender negotiations
• Financial reporting, cost analysis, and cash flow forecasting skills
• Knowledge of contract law and compliance procedures
• Strong coordination with engineering, construction, and legal teams
• Analytical mindset with high attention to detail

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FAQs – Commercial Manager (Procurement)

1. Is an engineering degree mandatory for this role?
Yes. BE, BTech, or MTech is required due to the technical and project-based nature of the role.

2. Is this role suitable for freshers?
No. This position requires prior experience in procurement, contracts, or commercial management.

3. Which industries does this role apply to?
Engineering, construction, infrastructure, EPC, and large-scale project environments.

4. Does the role involve financial reporting?
Yes. Monthly financial reporting, cost analysis, and cash flow forecasting are key responsibilities.

5. Is legal coordination part of the job?
Yes. The role works closely with legal teams to ensure contractual and regulatory compliance.