Lead Enterprise Cost Management

As a Lead - Enterprise Cost Management in the Planning & Strategy team at Nuvama, you will play a crucial role in analyzing various cost components to drive profitability and efficiency across the organization. **Key Responsibilities:** - Develop and execute the expense/capex approach for the entire Nuvama group. - Own the annual expense budgeting exercise, creating department-wise cost budgets and business plans. - Proactively monitor long-term opex/capex commitments and compare them against committed costs. - Provide insights on cost optimization measures and lead the implementation of cost-control initiatives. - Analyze and monitor employee-related expenses and operational costs across functions. - Identify areas of unbudgeted items and initiatives budgeted but not yet spent by analyzing actual spends vs budget. - Categorize costs into logical buckets such as BAU, One-off, Regulatory, Discretionary, Non-Discretionary, Controllable, Non-Controllable, and Growth Investments. - Collaborate with respective functions to set up an expense policy. - Develop and maintain cost models to forecast, track, and report key financial metrics and trends. - Ensure accurate cost allocation and timely financial reporting. - Benchmark Nuvama spends with peers to identify areas for cost optimization. - Prepare, automate, and present comprehensive cost reports and dashboards for senior leadership and stakeholders. **Qualifications:** - Finance professional with 8-10 years of relevant experience in cost analysis, FP&A, or management reporting, preferably within the financial services or related industries. - Qualified as a CA, CA Inter, MBA Finance, ICWA, or equivalent.,