Senior Finance Manager

4 weeks ago

Prayagraj, India Mashreq Full time

Job PurposeManage 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 AreasManage 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 functionKnowledge, Skills and ExperienceShould 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 knowledgeEducational Qualification – Must hold M Com / CA/ CWAExperience – 8-10 years

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