Senior Manager - Cost Management - Finance - CA

ONLY CA CANDIDATES HAVING MINIMUM 3 YEARS OF POST CA EXPERIENCE ARE ELIGIBLE

Job Purpose

Look for ways to optimize the operating cost of the Bank through analytics

Job Responsibilities(JR) : 6 - 8 Areas Actionable (4-6)

Cost Analytics:

- Monthly /Quarterly Review of Expenses

- Horizontally/vertically ie Expensewise / cost centre wise review

- Designing Reporting Architecture

- Quarter End Financial Closing - Consolidation and validation of Provision

- Expense Variance analysis -QoQ/ YoY

- Managing Audit

- Budgetary control - Consolidation and validation of Budget

- Control on budgeted staffing

- Budgetary control through Variance analysis

- Forecast - Consolidation of Forecast

- Forecast Strategies

- Cost Driver Framework - Identifying the cost drivers

- Creating the framework linking the drivers with the cost incurred.

- Cost Reduction - Discovering the opportunities to reduce cost through analytics/benchmarking/Market Practice etc

- Staff Productivity - Analysing staff productivity through use of models

- Staffing Approvals - Approving additional staff/ ensuring staff release on the basis of productivity models/understanding of process.

- Project Evaluation - Evaluating the viability of the automations / efficiency improvement projects through ROI and other parameters.

- Evaluating staff release and ensuring the same post go live