AVP - Retail Business Finance - Bank

One of India's premier private sector Banks is inviting applications for AVP - Retail Business Finance .

Job Location : Mumbai

CTC offered : 15.75 LPA

The jobholder is responsible for managing all aspects of financial control for Retail Business Finance i.e. Participation in Budget as well as Forecast process with each of the stakeholder, leading discussions with Business heads on product profitability, internal pricing decisions, portfolio as well as new business margins, reviewing product Balance sheets and advising business on appropriate product mix, leading Financial reviews to measure the performance against Budgets/Forecasts and assisting business leaders in course corrections.

Specific Responsibilities :

- Anchor and manage Financial Management Information System for the organization including P&L and other Business Dashboards

- Own & Deliver : Development, Automation and Publishing of all Business, Operations and People related MIS for the organization

- Partner with various internal business stakeholders for discussion relating to various financial parameters as well as ad-hoc analysis

- Budgeting, Forecasting and Provisioning for Income and OPEX

- Strict and timely monitoring of P&L and Balance Sheet lines to ensure regular granular tracking of stated business outcomes while maintaining cost discipline pertaining to related expense budgets

- Structured engagement with Business to highlight / recommend modifications to improve the shape of P&L and Balance Sheet 

- Drive expense management and analytics through deep understanding of cost booking processes and systems

- Continuously improve and simplify expense allocation methodology across departments

- Design and institutionalize systematic OPEX dashboards and MIS

- Develop and share key granular insights on OPEX to facilitate active engagement with stakeholders and optimize expenses

- Actively manage cost centre related processes

- Provide decisioning support to Sr Management in Business and Finance through advanced analytics and related dashboards

- Maintain audit readiness and lead internal