Project Cost Control

Job description

Title – Senior Manager – Projects Commercial

Position Summary

The incumbent shall be responsible for managing the Commercial Operations required to run the Projects Teams.

Reports to: Projects Head

Direct reports: 2-3


The role will have the following key responsibilities:

  • Completely own the Commercial Operations required to set up Lenskart Stores both New and Refurbished
  • Complete Understanding of Commercial Operations and budgeting for civil and interiors projects
  • Understanding of BoQs, Project Costs, Component Costs of Projects elements
  • Derivation of Costing for New Elements
  • Manage Team to issue Purchase Requisitions and Issue Purchase Orders
  • Define elements of work and develop scope of work for contractors and and manage bid process for contracted work
  • Manage Project Finances and Budgets
  • Manage Bill Processing and Timely payments to vendors
  • Interact with the Finance Team to manage all of the above
  • Develop New Vendors for Civil and Interior Works, Signage, Fixtures and Furniture, Lights and Fittings and all allied items required to set up Lenskart Stores
  • Ensure Cost Control by establishing benchmarks on cost categories
  • Establish practices, templates, policies, tools and partnerships to expand and mature Store Set up capabilities for the organization
  • Monitor vendor performance and provide constant feedback to all internal and external stakeholders
  • Manage changes to the project scope and project costs using appropriate verification techniques
  • Map the actual expenditure Vs the budgeted one for all the projects and investigate on the cost overrun / saving to improve the cost Performance

Job requirements

Specifications and Competencies

  • MBA / Bachelor in Architecture / Diploma in Civil/ Electrical / Electronics / Mechanical Engineering with experience in BoQs and Cost Control for Retail Roll Out Projects
  • 6-8 years’ experience in the retail industry.
  • Proficiency in Cost Breakdown and Cost Analysis for Retail Projects
  • Good Negotiation Skills
  • Experience in setting up and running commercial processes for Projects