Chief Operating Officer (COO)

WE ARE HIRING | COO REAL ESTATE & CONSTRUCTION

Location: Bhubaneswar, Odisha, Experience: 18 - 25+ Years, Industry: Real Estate | Construction | Infrastructure | Property Development, Reporting To: CEO / Managing Director, Position: Chief Operating Officer (COO)


KEY RESPONSIBILITIES


PROJECT & CONSTRUCTION LEADERSHIP


Provide overall leadership for the execution of multiple real estate and construction projects.
Drive projects from pre-development stage through construction, completion and handover.
Establish project milestones, execution plans, budgets and performance KPIs.
Ensure projects are delivered within approved time, cost, quality and safety parameters.
Monitor construction progress, contractors, consultants, architects and project management teams.
Identify project risks, bottlenecks and delays and ensure timely corrective action.
Establish strong project review mechanisms and ensure regular reporting to the CEO/MD.
Drive quality standards, construction productivity and efficient utilisation of resources.
Ensure effective coordination between design, construction, procurement, finance, sales and customer-facing teams.


LAND ACQUISITION & DEVELOPMENT


Lead and oversee the land identification, acquisition and development,evaluate land parcels from commercial, development, legal, regulatory and feasibility perspectives.
Coordinate land due diligence, title verification and documentation with Legal and external advisors.
Lead negotiations with landowners, aggregators and other stakeholders.
Support Joint Ventures, Joint Development Agreements and other land-development structures.
Ensure land acquisition decisions are aligned with project feasibility, business plans and return expectations.


LIAISONING & STATUTORY APPROVALS


Oversee liaisoning and coordination with relevant government authorities, development authorities, municipal bodies and regulatory agencies.
Ensure timely processing and tracking of project approvals, permissions, NOCs and statutory clearances.
Build and maintain strong professional relationships with relevant authorities and external stakeholders.
Establish an approvals tracker and ensure that regulatory milestones do not adversely impact project timelines.
Coordinate with internal and external liaisoning teams to resolve approval-related bottlenecks.


LEGAL & RERA


Oversee coordination with internal and external legal teams on land, contracts, development agreements, construction contracts, vendor agreements, customer matters and project-related legal issues.
Ensure appropriate legal due diligence before acquisition and development commitments.
Maintain strong working knowledge of RERA and applicable real estate laws and regulations.
Ensure projects, sales processes, customer documentation and project commitments remain aligned with RERA requirements.
Monitor RERA registrations, project updates, statutory filings, extensions and compliance requirements.
Coordinate resolution of legal notices, disputes, claims and regulatory matters affecting projects.
Identify potential legal and regulatory risks and ensure timely mitigation.


PROCUREMENT, CONTRACTS & COST CONTROL


Oversee procurement strategy for construction materials, contractors, consultants and project-related services.
Ensure competitive procurement, quality assurance and timely availability of materials.
Review major contracts, work orders and commercial terms in coordination with Finance and Legal.
Monitor contractor performance, variations, claims and cost overruns.
Drive cost optimisation without compromising project quality or timelines.
Establish appropriate commercial controls across projects.


BUSINESS & OPERATIONAL MANAGEMENT


Convert organisational strategy into annual, quarterly and project-wise operating plans.
Establish clear KPIs, accountability structures and performance-review mechanisms.
Drive coordination between Projects, Construction, Land, Legal, Liaisoning, Procurement, Finance, Sales, CRM and HR.
Identify operational inefficiencies and implement scalable systems and SOPs.
Develop MIS and dashboards for real-time visibility of project and business performance.
Support the CEO/MD in strategic decisions, expansion plans, new projects and business development.


FINANCIAL & COMMERCIAL DISCIPLINE


Work closely with Finance to monitor project budgets, cash flows, collections and expenditure.
Ensure operational decisions are aligned with project profitability and cash-flow requirements.
Monitor project-wise cost, revenue, margins and financial performance.
Support feasibility assessment and commercial evaluation of new projects.


LEADERSHIP & PEOPLE MANAGEMENT


Lead senior functional and project teams with clear accountability and performance expectations.
Build a culture of ownership, execution, discipline and transparency.
Mentor Project Heads, Construction Heads and other functional leaders.
Strengthen the organisation's second line of leadership.