Tesco India Bengaluru, Karnataka, India Hybrid Full-Time Apply by 26-Jun-2025
About the role
Provide accurate budgets for Tesco New build, Refresh & Business Initiative projects by ensuring the costs are competitive, offer value for money and are in line with Tesco business plans and objectives.
What is in it for you
At Tesco, we are committed to providing the best for you.
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.
Salary - Your fixed pay is the guaranteed pay as per your contract of employment.
Performance Bonus - Opportunity to earn additional compensation bonus based on performance, paid annually
Leave & Time-off - Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.
Making Retirement Tension-FreeSalary - In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
Health is Wealth - Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
Mental Wellbeing - We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
Financial Wellbeing - Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
Save As You Earn (SAYE) - Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
Physical Wellbeing - Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.
You will be responsible for
Following our Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
Cost Estimation: Prepare Feasibility cost estimate by working Closely with Business Owner, Property Project Manager (PPM), External
Project Manager (EPM), & Main Contractor (MC) to ensure all scope of works are captured and costed.
Cost Control: Implementing effective cost control measures throughout the project lifecycle. This includes monitoring project budgets,
tracking expenses, identifying cost-saving opportunities, and providing recommendations to ensure projects stay within budget.
Variation Management: Collaborating with Retail Planners, Suppliers, and UK colleagues in reviewing and assessing Contractor
payment applications, managing variations and claims.
Risk Management: Manage risks associated with construction projects to minimize potential disruptions and financial losses.
Final Account Settlement: Assessing and agreeing on final project costs, negotiating final payments, resolving any outstanding
contractual matters and assets capitalisation with Finance team.
Health and Safety Compliance: Collaborate with Project Managers to identify potential hazards, assess risks, and implement appropriate safety measures.
One Team Mindset:
Collaborating with Business owners, Project Managers, Retail Planners, Property Operations, Finance, Procurement, Contractors, and
Suppliers, to ensure effective communication and coordination. Quantity Surveyors provide expert advice on cost and contribute to the
successful delivery of construction projects.
Business Accountabilities
Identifying operational improvements and finding solutions by applying CI tools and techniques
Cost Estimation: Prepare Feasibility cost estimate by working Closely with Business Owner, Property Project Manager (PPM), External
Project Manager (EPM), & Main Contractor (MC) to ensure all scope of works are captured and costed.
Cost Control: Implementing effective cost control measures throughout the project lifecycle. This includes monitoring project budgets,
tracking expenses, identifying cost-saving opportunities, and providing recommendations to ensure projects stay within budget.
Variation Management: Collaborating with Retail Planners, Suppliers, and UK colleagues in reviewing and assessing Contractor
payment applications, managing variations and claims.
Risk Management: Manage risks associated with construction projects to minimize potential disruptions and financial losses.
Final Account Settlement: Assessing and agreeing on final project costs, negotiating final payments, resolving any outstanding
contractual matters and assets capitalisation with Finance team.
Health and Safety Compliance: Collaborate with Project Managers to identify potential hazards, assess risks, and implement appropriate safety measures.
One Team Mindset:
Collaborating with Business owners, Project Managers, Retail Planners, Property Operations, Finance, Procurement, Contractors, and
Suppliers, to ensure effective communication and coordination. Quantity Surveyors provide expert advice on cost and contribute to the
successful delivery of construction projects.
Business Accountabilities
Identifying operational improvements and finding solutions by applying CI tools and techniques
You will need
Experience relevant for this job:
Excel, Bluebeam Tool
Bachelor’s degree in civil engineering with minimum 2+ years of
Supplier Negotiation
Experience in Quantity Surveying preferred
Excel, Bluebeam Tool
Bachelor’s degree in civil engineering with minimum 2+ years of
Supplier Negotiation
Experience in Quantity Surveying preferred
About us
Tesco in Bengaluru is a multi-disciplinary team serving our customers, communities, and planet a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility through technological solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers.
Tesco in Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 3,30,000 colleagues.
Tesco Business Solutions:
Established in 2017, Tesco Business Solutions (TBS) has evolved from a single entity traditional shared services in Bengaluru, India (from 2004) to a global, purpose-driven solutions-focused organisation. TBS is committed to driving scale at speed and delivering value to the Tesco Group through the power of decision science. With over 4,400 highly skilled colleagues globally, TBS supports markets and business units across four locations in the UK, India, Hungary, and the Republic of Ireland. The organisation underpins everything that the Tesco Group does, bringing innovation, a solutions mindset, and agility to its operations and support functions, building winning partnerships across the business. TBS's focus is on adding value and creating impactful outcomes that shape the future of the business. TBS creates a sustainable competitive advantage for the Tesco Group by becoming the partner of choice for talent, transformation, and value creation