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Bid & Commercial Executive

Job Description - Bid & Commercial Executive

Description

Key Responsibilities:

  • Prepare and validate project costing sheets for all customer bids. 
  • Work closely with Sales, Pre-Sales, Delivery, SCM, Procurement, and Finance to understand project scope and commercial requirements. 
  • Validate all cost elements and ensure accurate pricing, profitability, and margin analysis before bid submission. 
  • Identify commercial risks and recommend mitigation plans. 
  • Own the approved costing sheet and monitor project costs, revenue, and margins from order booking through project closure. 
  • Ensure the committed gross margin is achieved by proactively tracking project financial performance and driving corrective actions where required. 
  • Review and approve cost overrun requests, ensuring proper justification, ownership, and stakeholder approvals. 
  • Conduct post-project profitability reviews and drive continuous improvements in costing accuracy and financial governance. 

 

 

Preferred Qualification & Experience:

  • 5–8 years of experience in Business Finance, Commercial Finance, Bid Finance, or Project Finance. 
  • Strong knowledge of project costing, commercial evaluation, profitability analysis, SAP/ERP, and Advanced Excel. 

 

These roles will strengthen commercial controls, improve bid quality, protect project margins, and enhance overall business profitability.

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