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  • 1 - 5 Years
  • Posted : above 1 month

Job Description:

PIVG- CAPRI- Bank

CAPRI is responsible for the monitoring of operating expenses (including Capex spends) at Bank Level, monthly forecasting of operating and capital expenditure spends and driving cost rationalization initiatives Additionally, the team does a cost-benefit analysis for proposals across various operating expenses elements

Job role and responsibilities

- Monthly reporting of expenses to senior management and provisioning of expense

- Tracking of operating and capital expenses of the bank and finding reasons for variation

- Conducting senior management meetings to discuss various cost optimization initiatives

- Preparation and submission of MIS to RBI, senior management and internal teams

- Evaluation of Capex proposals to aid decision making based on cost-benefit analysis/ return on investment and quarterly presentation for Committee meetings

- Implementation of Cost-sharing policy and monitoring recovery from group companies

- Benchmarking with competitors in the industry for the evaluation of best practices

- Regular interaction with the business teams for optimization/process improvements of various Opex and Capex spends

- Trend analysis, analyzing variance from budget and highlighting deviations for corrective action for various Opex and Capex spends

- Related party reporting, regulatory reporting, and related compliance

Skills and Competencies

- Knowledge of financial analysis and basic accounting skills

- Able to utilize SAP / Advanced Excel Tools or similar tools to extract data

- Able to work well both as an individual contributor and as a member of a team having strong organizational skills to drive results

- Able to conceptualize for practical application Adept at process improvement and process innovation Copes well with change and can effectively propose changes while anticipating impact of these changes, Analytical skills,

Qualifications

- Chartered Accountant with 3-5 years relevant work experience

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 07th Jan 2020

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