Ib Cfo Cost Strategy

**IB CFO Cost Strategy & Planning, AVP**:
**Job ID**:R0379379

**Full/Part-Time**:Full-time

**Regular/Temporary**:Regular

**Listed**:2025-05-07

**Location**:Mumbai

**Position Overview**:
**In Scope of Position based Promotions (INTERNAL only)**

**Job Title**:IB CFO Cost Strategy & Planning**

**Location: Mumbai, India**

**Corporate Title: AVP**

**Role Description**

This is key vertical within the IB CFO Central - Strategy & Business Planning team space. The team is responsible for various senior management reporting/presentations involving meaningful C ost financial analysis supported with observations/commentaries on a weekly, monthly and quarterly basis. The role involves providing cost related MIS and advanced analytics of IB businesses, partner with onshore analytics and business managers/COOs for cost tracking and control. Support the business and enhance total shareholder return by effective cost control measures. Position entails decision support, management reporting, Planning & forecasting for businesses within IB. Working on cost related analytics, Cost allocations, restatements, deep dives and support for the IB Business Management community on a day to day basis. Consolidate Cost Financials and support IB businesses for key cost deliveries. Manage control and governance for the Restructuring and Restatement processes.

**What we’ll offer you**

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

**Your key responsibilities**
- Managing direct as well as indirect cost base of IB businesses
- Provide **insightful analysis**to enable management in various cost management metrics and/or control measures, mainly for IB
- Prepare accurate **forecast, planning and control of assigned product direct cost base.**This includes in depth analysis and guidance on areas of possible cost reduction.
- Prepare Flash and Forecast comments and Financials
- Drive **Contra and Client reimbursement initiatives and processes**.
- **Identify new areas**of Contra/Reimbursement and Cost saving opportunities.
- **Develop and generate cost reports**for IB/FIC/O&A, both routine and adhoc
- **Produce packs for Sr management**encompassing financial information like P&L, headcount etc and other performance reports including and adhocs requests.
- Produce reports encompassing financial information to enable measurability like MoM, YoY, and Plan variance, commentaries etc
- Work closely with key stakeholders to meet analysis that add value and identify or explore cost saving areas
- Understand and deliver an agreed Cost related book of work for self and team - Flash, Forecast, Plan, Restatements, allocations, Exco packs and Standard MIS Cost reports
- Work with other analysts across the team to understand different businesses
- Support business managers/COOs for cost related queries across regions and sub businesses
- Reference data management
- Responsibilities will also encompass other recurring as well as ad-hoc project related analysis work e.g. Lumira, SAP Warehouse, PO Reviews, FX Impact, DBCM, Restructuring & Restatements etc.

**Your skills and experience**
- CA/CMA/CS/MBA in Finance with 12+ years of experience
- Excellent communication skills and initiative to engage with other teams/team members and Senior Management (Onshore/Offshore)
- Demonstrable problem-solving ability; organised with an ability to manage multiple issues in tight deadlines
- Working with multiple data sources and having confidence in figures and presentation
- Experience of compiling management reports in a global, complex environment upholding accuracy and timelines
- Essentials Competent use of MS-Office - specifically Excel and PowerPoint.
- Very strong analytical skill and ability to think laterally
- Eye for detail as you will be supporting IB senior management /IB leadership team
- Knowledge of VBA/Macros will be an advantage (not mandatory)
- Experience in project management, who is highly organized and extremely accurate

**How we’ll support you**
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs

**About us and our teams**

Please visit our company website for further information:
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the success