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Senior Finance Manager

Senior Finance Manager

Mashreqerode, India
21 days ago
Job description

Job Purpose

  • Manage independently the Finance and Planning of Technology & Legal Group including Overseas.
  • Discharge the Finance responsibilities of Technology & Legal Group centrally for both UAE & Overseas geographies.
  • Ensure strict financial discipline by adhering to the company policies and procedures.
  • Manage stakeholder in providing relevant info of the Financials.
  • Provide ad hoc reports and information, trends, and transaction analysis.

Key result Areas

  • 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

    • Knowledge, Skills and Experience

  • 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 M Com / CA / CWA
  • Experience – 8-10 years
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