Strategic Cost Management Specialist

1 month ago


Chennai, Tamil Nadu, India Covenant Consultants Full time
About the Role

We are seeking a highly skilled Strategic Cost Management Specialist to join our team at Covenant Consultants.

The selected individual will be responsible for supporting the WRB Business in the development and execution of business strategies, delivering the corporate plan, and providing business and financial advice and insights.

Key responsibilities include:

  • Be the cost SPOC for developing material/presentation decks for Group and WRB Management Team.
  • Support Group Head WRB Cost Management, Cluster WRB finance leads, and Product/Segment CFOs on all cost matters.
  • Participate in all key reviews with WRB Group Head FP&A and Group Head Cost Management.
  • Partner with GFS Cost CoE and Group WRB Finance colleagues to build appropriate tech, data, and analytics capability around WRB costs.
Accountabilities

The selected individual will be accountable for:

  • Driving change and efficiency initiatives, working closely with the WRB Business and Group WRB Cost team.
  • Leading Budget, Forecast, and the Strategic Corporate Plan processes.
  • Ensuring costs and investments are aligned to business strategy, delivering targeted returns, and that a culture of continuous productivity improvement is embedded in business processes.
  • Driving WRB Cost efficiency discussions and monitoring delivery of cost saves by WRB segments and products.
  • Developing market intelligence on Operating models and Cost best practices from Peer banks and organizations and influencing adoption of the same by businesses.
  • Translating data-heavy financial information into compact and visually impactful messages.
  • Providing sharp analytics and commentary on WRBs cost performance and forward-looking narrative.
  • Driving detailed conversations on WRB cost performance to derive commercial insights.


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