Finance Manager

"Finance Manager - banking"

Title : Finance Manager

Location : Remote - Bangalore

Duration : 6 Months

** Preferred location is Bangalore - mostly Remote, but can be called for meeting as required.

** Notice period - Immediate joiner preferred / 30 days max

Requirements:

• Should have excellent oral and written communication skills; ability to articulate IT related cost and benefits.
• Preferably worked in IT companies and familiar with style, attitude, and culture in IT companies.
• Excellent ‘people skills’ with respect to ability to coordinate work between different groups.
• Basic financial and accounting knowledge
• Educational Qualification – Must hold / CA/ CWA
• Experience – 8-10 years

Responsibilities:

• Manage individually the Finance and Annual Planning of Technology and Legal Groups of the Bank.
• Support Cost Centre owners through the budgeting process.
• Ensure for the timely production of monthly financial pack, trend, and analysis and alert the management for any inconsistency.
• Attend to all queries & ad hoc request from stakeholders and resolve on timely basis.
• Implement and work on the Dynamic Cost allocation methodology and track the same. Suggest ways for improving the current information availability to assist in Cost Allocation.
• Perform collation, review, and record of groups monthly expense provisions.
• Close monitoring of the Technology Projects and ensure for timely capitalization and recording of Fixed Assets
• Develop Resource allocation mix model and alert for the differential cost levers between FTE, RA and the Third-Party Resources including for the Rate card.
• Centralized reporting of all Bank wide technology expense and ensure to track of the Tech expense cost of the bank and alert for any surprises.
• Ensure for the monthly validation and analysis of data from Micro strategy and other automation tools.
• Support Digital Strategy and Automation Initiatives of the Group. Identify areas of process simplification to bring efficiency improvement, reduced TAT.
• Be an Integral part of various Operational Strategies and cost saving measures and assist the Group in identifying them, and methods to implement and track the savings.
• Consistent review of all accounting manuals, procedures, policies to establish best practice across the organization.
• Manage and interact a diversified team of professionals both onshore & offshore.

Regular update of SOP and RCSA relating to Finance function