Client: A leading private bank Base Location: Mumbai Team: Planning - CAPRI (Cost and Productivity Rationalization and Improvement) - The Performance, Information &amp; Value Management Group (PIVG) plays a key role in corporate planning, management reporting, monitoring and of regulatory norms, regulatory reporting and ensuring strategic consistency across the ICICI group. - CAPRI is responsible for monitoring of operating expenses (including capex spends) at Bank Level, monthly forecasting of operating and capital expenditure spends and driving cost rationalization initiatives. Additionally, the team does the cost-benefit analysis for various proposals across various operating expenses elements. - The key responsibilities of the job profile include monitoring, tracking and budgeting of capital expenditure budget at Bank Level. Additionally, capex proposals are routed through CAPRI team for cost benefit analysis and ROI evaluation. This role includes: - Budgeting for capex spends at Bank level including IT (Technology) and Infrastructure related spends in coordination with various business teams - Monthly reporting of capital expenditure related spends to senior management based on Purchase Orders issued and capitalisation status - Evaluation of capex proposals to aid decision making based on cost-benefit analysis/ return on investment and quarterly presentation for Committee meetings - Regular interaction with the business teams for optimisation/process improvements of various opex and capex spends - Trend analysis, analyzing variance from the budget and highlighting deviations for corrective action for various opex and capex spends - Regulatory reporting and related compliance

Mumbai

Manager - Costing & Budgeting - Bank 

Manager - Costing & Budgeting - Bank  ,Job Description for Manager - Costing & Budgeting - Bank  in Kairos Consulting India in  Mumbai for (2-7) years of experience. Apply Now!

Job Description for Manager - Costing & Budgeting - Bank  in Kairos Consulting India in  Mumbai for (2-7) years of experience. Apply Now!