This is a newly created position in the organisation which would be responsible to drive expense management program across the Bank. The position is responsible to drive large scale cost saving projects within the organisation and deliver cost saving of several million rupees. This position would have direct responsibility to drive culture of cost consciousness within middle and senior management of the organisation The position would maintain repository of all cost saving initiatives and report it to Managing Committee of the Bank at regular intervals. It is expected that this position would closely work with CFOs office and Business Heads to closely track various cost efficiency related metrics. KEY POSITION RESPONSIBILITIES Key Responsibilities 1. Responsible to institutionalize best practices in the area of Expense Management and build cost consciousness in the DNA of the organisation 2. Responsible to manage expense analytics unit to generate insights for senior management 3. Identify and deliver high value expense save initiatives across the organisation 4. Institutionalize Scientific & data based approach for Expense Budgeting and Provisioning 5. People management and team up-skilling would be an important attribute 6. Responsible to provide insights into spends management and exception reporting to the highest level 7. Critical review of high value spends and provide relevant industry benchmarks / market insights to the Deal Review Board 8. Own and drive cost to income ratio for the Organisation and provide strategic roadmap 9. Build a strong governance framework around Spends approval and review 10. Liaising with internal stake holders as a change agent while implementing industry leading best practises C. QUALIFICATIONS AND EXPERIENCE REQUIREMENT Qualifications Essential - MBA from top tier B-school or CA with Program Management experience Preferred - Prior experience in working in similar role and have delivered multi million rupee benefits to the organisation Experience Essential - Minimum 10-15 years of relevant experience with Banking / Financial sector / Big 4 consulting firms Preferred - Should have delivered &gt;200 crore of cost saves for the organisation - Prior experience of working in Expense Management / Expense Analytics / Consulting organisation with focus on driving profitability is essential - Should have managed team of intellectual people - Excellent communication and influencing skills is essential as the person would work closely with Managing Committee members - Stakeholder Management, High interpersonal, organizational and administrative skills. - Six Sigma / Lean / PMP certification would be an advantage

Mumbai

Head - Administration - Expenses & Cost Management 

Head - Administration - Expenses & Cost Management  ,Job Description for Head - Administration - Expenses & Cost Management  in Forpple Consulting in  Mumbai for (10-15) years of experience. Apply Now!

Job Description for Head - Administration - Expenses & Cost Management  in Forpple Consulting in  Mumbai for (10-15) years of experience. Apply Now!