Lead - Capex (Capital Expenditure)

2 weeks ago

Mumbai, India Bennett Coleman and Co. Ltd Full time

About Function/Department

Business and Commercial handles the Supply Management function in our company. It is a key contributor to the company's competitiveness and performance by managing materials used by the organization efficiently and effectively. The function is responsible for procurement and management of raw materials, consumables, and services for the organization.

About the Position

This position is responsible for managing Capex. It involves the following : Capex Proposal Management , receiving capex requirements and analyzing them; rolling forecast for capex requirements and management of capex budget and capex process; cost optimization.

The position also deals with executing infrastructure and press projects. 

Areas of Responsibility

Capex Proposal Management:  
Receive Capex requirements, analyze and evaluate requirements and seek details, prepare a
comprehensive proposal with the background, justification, cost details, timelines and
implementation plan and review projects post their completion in order to submit a crisp report
encompassing brief details of the proposal with supporting documents top management and ensure
that project deliverables / objectives are met

Rolling Forecast - Capex: 
Facilitate proactive planning of company wide Capex requirement for a rolling period of 3-5 years in
order to enable better financial forecasting and optimal utilization of funds
Issue and analyze the requests for quotations (RFQ) from approved and/or potential CAPEX suppliers
to support company’s requirements.

Capex Budget Management: 
Communicate and initiate an all India Capex budget exercise through Functional Head, analyze and
compile budgets received and seek clarification, submit budget through

Budgeting and Monitoring
Plan and develop Business case by featuring and identifying the market dynamics and requirement,
project scoping, budget for the cost involved for the project, maintain the milestones achieved in
order to get the management approval on the projects and issue clear directions to the
execution team

Infrastructure Projects
Execute Infrastructure and Press Projects, coordinate and constant follow-ups on various agendas,
critical areas, bottlenecks and issues both internally and externally in order to ensure smooth
execution and timely completion of the project within the specified budget.

Capex Process
Develop business cases for Capex and Asset disposals with requirement justifications, options and
recommendations in order to get the management approval for timely execution and disbursal.

Cost optimization
Work with suppliers, industrial team, program teams and plants to drive cost reductions. Actively
participate in continuous improvements and corrective action activities

Contract life cycle management
Engage with stakeholders to identify the most suitable supply solution for a given demand. Negotiate
pricing, terms & commercial conditions of contracts and manage through the contract lifecycle.

Additional points:  

Capex Procurement + Ability to handle projects Amount they have handled+ Materials handled in Capex + Projects. Process oriented and ability to take initiative without the dependency on the hiring manager. Behavioral and Leadership competencies:
Ability to showcase leadership tendencies, Communication skills should be excellent as they will be dealing and interacting with vendors, directors of Supply chain management. 

Educational Qualifications Required

B.E / B. Tech + MBA 

Relevant Experience

Minimum 12-15 Years’ Experience Computer proficient in SAP, Microsoft office (Word, Excel, Power point)

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