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    Job · 13793253

    L&T Finance Ltd. logo

    Assistant Manager

    L&T Finance Ltd. · Mumbai · onsite · Posted 57d ago

    ₹6.0L - ₹8.5L PA3–5 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Role & responsibilities

    1. Operational Excellence & Branch Expansion

    • Site Strategy: Conduct site surveys and technical feasibility checks for all proposed locations to ensure alignment with organizational requirements.
    • Property Acquisition: Identify and finalize properties in high-visibility, competitive financial areas while maintaining budgeted rental rates.
    • Approvals & Documentation: Prepare detailed Premises PPTs and Project Committee (PC) notes. Facilitate approvals through the Digital Approval System (DAS) with senior management and business stakeholders.
    • Legal Liaison: Coordinate with the Legal team to ensure Technical Suitability Reports (TSR) and lease agreement drafts are cleared and compliant.

    2. Service Excellence & Project Management

    • Space Planning: Collaborate with design vendors to create office layouts that optimize space utilization, safety, and brand standards.
    • Project Execution: Monitor ongoing infrastructure projects to ensure they meet company standards for material quality, finish, and safety.
    • Handover Management: Manage the transition of completed branches to the Business and Admin teams, including ESG approvals and formal branch announcements.
    • Upkeep: Oversee the renovation and upgrading of existing branch fit-outs to maintain a high-quality service environment.

    3. Budget & Cost Management

    • Financial Planning: Prepare annual Capex budgets for new expansions, relocations, and major renovations.
    • Statutory Compliance: Forecast budgets for rates and taxes, including government statutory taxes, Property Tax (PT), and consultation charges.
    • Cost Control: Monitor spends against approved budgets to ensure zero cost overruns and implement effective cost-management strategies.

    4. Vendor & Material Management

    • Onboarding: Empanel reputed vendors and establish item-wise rate contracts within the system.
    • Performance Monitoring: Conduct regular site visits to audit vendor performance and material quality.
    • Procurement Workflow: Manage the Purchase Order (PO) lifecycle, issuing 80% upon approval and the remaining 20% based on actual work completion.
    • Inventory Control: Maintain site registers to track material entry and inventory during the execution phase.

    5. Team Leadership

    • Mentorship: Guide the zonal team in executing infrastructure work efficiently.
    • Resource Allocation: Manage project timelines and resources to ensure successful delivery across multiple geographic regions.


    Preferred candidate profile


    Any graduate with 3 to 5 years of experience in the Admin team involved in working on the end to end lifecycle of branch expansion preferably from an NBFC/Bank.

    Sourced from naukri

    Skills

    Facility AdministrationOPEXFacility ManagementProject ManagementVendor Managementcompliance

    About L&T Finance

    L&T Finance Ltd. logo

    L&T Finance Ltd.

    NBFC

    30.5k+

    employees

    1994

    32 years old

    Mumbai, Maharashtra

    India

    ₹9.1L PA avg

    Avg at L&T Finance

    ₹6L – ₹8.5L PA

    This role

    About

    L&T Finance is one of the leading NBFCs offering a range of loans across Rural | Housing | Two-Wheeler | Personal & SME.

    Industries

    NBFCBanking / Insurance / AccountingFinancial Services

    Employee ratings

    10 reviews

    3.9/ 5

    Culture

    2.6

    Career growth

    2.2

    Work-life

    2.7

    Employees rate it well for

    Compensation & Benefits39Overall Company39

    Find them on

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    Assistant Manager · waiting for your command