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IT Budget and Governance Manager

IT Budget and Governance Manager

MUFGBengaluru, Republic Of India, IN
30+ days ago
Job description

About Us :

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Global Service Private Limited :

Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC / AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.

Job Profile : Position details :

As a key player in the APAC region, with Singapore as the Regional HQ and over 10 branches, you will be responsible for overseeing investment project applications, guiding applicants through the budget application process, and providing guidance and advice to applicants from budget application to project approval.

Roles and Responsibilities :

Governance & Reporting :

  • Conduct monthly reviews of investment project forecasts, follow up on outstanding items, and prepare consolidated variance analysis and reporting for the APAC region.
  • Support in tracking adherence to technology governance processes, risk & compliance checklists, and project documentation standards.
  • Support creation of executive-level reports including MBRs.
  • Support in conducting periodic data collation and analysis for dashboards (e.G., headcount, vendor performance, financials).

Operational & Project Support :

  • Maintain and ensure data quality and completeness of the budget, actual and forecast for investment reports.
  • Ensure data quality and completeness in budget, actual, and forecast investment reports.
  • Monitor and track system investment budget utilization, assess gaps, and implement measures to optimize utilization.
  • Support the preparation of finance reports for monthly, quarterly, and ad-hoc meetings.
  • Identify opportunities for process improvements, collaborate with stakeholders to formalize and implement enhancements.
  • Provide support for process transformation projects, including the implementation of IT finance budgeting tools.
  • Stakeholder Coordination :

  • Act as liaison between delivery teams and senior leadership to ensure timely updates and escalation management.
  • Assist the Head of Department (HOD) and Line Heads in planning and promoting ASO initiatives.
  • Maintain internal and external resource rates and act as a liaison for communication between stakeholders.
  • Support Line Heads in responding to audits and inspections from Head Office, Internal Audit, and External Inspection departments.
  • Job Requirements :

  • Communication : Strong ability to clearly articulate insights and data trends to both technical and non-technical stakeholders.
  • Adaptability : Thrive in a fast-paced, evolving environment and remain flexible to changing priorities.
  • Teamwork : Proven ability to collaborate effectively across departments, promoting a culture of cooperation.
  • Proactivity : Strong sense of initiative, actively driving projects forward and contributing ideas.
  • Time Management : Exceptional organizational skills, with the ability to juggle multiple priorities and meet deadlines.
  • Qualifications :

  • Advanced degree in Finance or related field, preferably with experience in Accounting & Finance, or ACCA with minimum 10 years of relevant working experience.
  • Extensive experience in IT Finance management, including budgeting, financial analysis and reporting
  • Strong stakeholder management skills, acting as a central point of contact between IT and business stakeholders
  • Proven track record in managing IT investment management as well as coordinating budget applications and monitoring budget utilization
  • Strong understanding of IT systems and financial software, preferably experience in handling IT finance, project portfolio management related matters.
  • Require Responsible, proactive, fast learner, hands-on, work independently with less supervision and a “change” mindset
  • Alignment with MUFG's culture principles such as being client-centric, people-focused, and having a mindset of innovation and execution
  • Excellent communication and interpersonal skills, strong analytical and problem-solving abilities and abilities to work under pressure and manage multiple priorities
  • Advanced proficiency in Microsoft Office applications, including PowerPoint, Word, and Advanced Excel.
  • Other Information :

    Work Location : BCIT, Bangalore

    Work Mode : Hybrid – 3 days work in office after confirmation.

    Work timings : Follow Singapore time (9am SGT – 6pm SGT)

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    Governance Manager • Bengaluru, Republic Of India, IN

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