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16/04 Monika
CEO at Career Connect

Views:874 Applications:301 Rec. Actions:Recruiter Actions:5

Vice President - Finance - Retail Banking (8-10 yrs)

Mumbai Job Code: 914938

Our client is a Private Sector Bank and has the following requirement as part of the CFO function. The Key specifications are as follows :

Job Purpose :

The jobholder is responsible for partnering and providing commercial advisory to Businesses and Functions to primarily facilitate the achievement of the organizational expense budgets

Job Responsibilities :

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

- Assimilate monthly granular data through various systems and offline MIS to create department and branch level OPEX reports

- Own & Deliver - Development, Automation and Publishing of all monthly department level OPEX 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 of OPEX at a department level leading up to the Bank level budget

- Strict and timely monitoring of P&L Expense lines to ensure regular granular tracking and projections to maintain cost discipline pertaining to related expense budgets

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

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

- Identification of cost saving initiatives specific to lines like IT, Premises, Digital Banking

- Continuously improve, simplify and automate processes related to expense booking, granular and consolidated report generation and allocation methodology across departments of the Bank

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

- Manage regular reporting to Business Heads, Management Committees, Board and other stakeholders at regular intervals

- 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 leadinternal & external audit discussions as per company guidelines

Qualifications and Key Desirable Skills :

- CA/MBA with 8-10 years of experience

- Minimum 3 years of experience in relevant role

- Experience of working in a fast-moving environment and an ability to work on stipulated timelines.

- Ability to conceptualize, build and implement granular reports to monitor and track expense deliverables

- Excellent in Excel, Access, PowerPoint, Macros, SQL & MIS management.

- Good understanding of various financial parameters for retail banking and third-party products like Insurance, Investments products will be preferred

- Team Management

- Experience in Expense Management is crucial


Monika

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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