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Chief Cost Strategist

3 weeks ago

Mumbai, Maharashtra, India beBeeRiskManagement Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

About this Role

Key Responsibilities:
  • Cost Planning and Management
  • Develop and implement cost strategies to achieve business objectives.
  • Analyze market trends and competitor activity to inform cost strategies.
  • Collaborate with cross-functional teams to ensure alignment with business objectives.
  • Develop and maintain cost databases and benchmarks.
  • Ensure compliance with regulatory requirements and industry standards.
Estimating and Cost Control:
  • Cost Estimation Expertise
  • Provide accurate and timely cost estimation for projects.
  • Develop and maintain cost estimation models and templates.
  • Assess and interpret cost data to inform business decisions.
  • Identify opportunities for cost savings and process improvements.
  • Develop and implement cost estimation best practices.
Contract Management and Risk Mitigation:
  • Risk Management Specialist
  • Collaborate on contract management and negotiation.
  • Develop and maintain contract documentation and records.
  • Ensure compliance with contract terms and conditions.
  • Address and resolve contract disputes and claims.
  • Develop and implement risk management plans and strategies.
Team Leadership and Performance:
  • Team Leadership and Development
  • Lead and manage the team, focusing on performance optimization.
  • Develop and implement strategic goals and objectives.
  • Communicate effectively and foster collaboration within the team.
  • Coach and develop team members' skills and abilities.
  • Enhance team cohesion through HR policies and procedures.
Communication and Stakeholder Engagement:
  • Stakeholder Communication
  • Develop strong relationships with key stakeholders.
  • Provide clear and timely information about project costs and updates.
  • Collaborate with stakeholders to address cost-related issues.
  • Identify and seize opportunities for stakeholder engagement and feedback.
Process Improvement and Innovation:
  • Process Enhancement Initiatives
  • Identify areas for improvement in processes and propose innovative solutions.
  • Implement process enhancements that drive efficiency and effectiveness.
  • Collaborate across teams to ensure seamless integration.
  • Explore novel ideas and concepts to stay ahead of industry trends.

Qualifications:

  • Bachelor's degree in a relevant field such as Quantity Surveying or Construction Management.
  • Professional certification in quantity surveying or cost management, such as MRICS or MCIOB.