Cost Strategy & Planning, AVP

Cost Strategy & Planning, AVP

Position Overview

In Scope of Position based Promotions (INTERNAL only)

Job Title: Cost Strategy & Planning, AVP

Location: Mumbai, India

Role Description

This is key vertical within the CFO Central - Strategy & Business Planning team space. The team is responsible for various senior management reporting/presentations involving meaningful Cost financial analysis supported with observations/commentaries on a weekly, monthly and quarterly basis. The role involves providing cost related MIS and advanced analytics of various businesses, partner with onshore analytics and business managers/COOs for cost tracking and control. Support the business and enhance total shareholder return by effective cost control measures. Position entails decision support, management reporting, Planning & forecasting for various businesses. Working on cost related analytics, Cost allocations, restatements, deep dives and support for the Business Management community on a day to day basis. Consolidate Cost Financials and support businesses for key cost deliveries. Manage control and governance for the Restructuring and Restatement processes.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Managing direct as well as indirect cost base of various businesses
• Provide insightful analysis to enable management in various cost management metrics and/or control measures
• Prepare accurate forecast, planning and control of assigned product direct cost base. This includes in depth analysis and guidance on areas of possible cost reduction.
• Prepare Flash and Forecast comments and Financials
• Drive Contra and Client reimbursement initiatives and processes.
• Identify new areas of Contra/Reimbursement and Cost saving opportunities.
• Develop and generate cost reports, both routine and adhoc
• Produce packs for Sr management encompassing financial information like P&L, headcount etc and other performance reports including and adhocs requests.
• Produce reports encompassing financial information to enable measurability like MoM, YoY, and Plan variance, commentaries etc
• Work closely with key stakeholders to meet analysis that add value and identify or explore cost saving areas
• Understand and deliver an agreed Cost related book of work for self and team - Flash, Forecast, Plan, Restatements, allocations, Exco packs and Standard MIS Cost reports
• Continuously develop and apply technical knowledge on costs - P&L as applicable
• Work with other analysts across the team to understand different businesses
• Support business managers/COOs for cost related queries across regions and sub businesses
• Reference data management
• Responsibilities will also encompass other recurring as well as ad-hoc project related analysis work e.g. Lumira, SAP Warehouse, PO Reviews, FX Impact, DBCM, Restructuring & Restatements etc.

Your skills and experience

• CA/CMA/CS/MBA in Finance with 12+ years of experience
• Excellent communication skills and initiative to engage with other teams/team members and Senior Management (Onshore/Offshore)
• Demonstrable problem-solving ability organised with an ability to manage multiple issues in tight deadlines
• Working with multiple data sources and having confidence in figures and presentation
• Experience of compiling management reports in a global, complex environment upholding accuracy and timelines
• Essentials Competent use of MS-Office - specifically Excel and PowerPoint.
• Very strong analytical skill and ability to think laterally
• Eye for detail as you will be supporting senior management / leadership team
• Knowledge of VBA/Macros will be an advantage (not mandatory)
• Experience in project management, who is highly organized and extremely accurate

How we'll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.