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Description
About The Role : In Scope of Position based Promotions (INTERNAL only) Job TitleIB CFO Cost Strategy & Planning LocationMumbai, India Corporate TitleAVP Role Description This is key vertical within the IB CFO Central - Strategy & Business Planning team space. The team is responsible for various senior management reporting/presentations involving meaningful C ost financial analysis supported with observations/commentaries on a weekly, monthly and quarterly basis. The role involves providing cost related MIS and advanced analytics of IB 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 businesses within IB. Working on cost related analytics, Cost allocations, restatements, deep dives and support for the IB Business Management community on a day to day basis. Consolidate Cost Financials and support IB 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 youll 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 IB businesses Provide insightful analysis to enable management in various cost management metrics and/or control measures, mainly for IB 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 for IB/FIC/O&A, 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 IB senior management /IB 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
