Finance Manager- Banking
7 days ago
Job Title: Finance Manager
Job Location: Offshore India - Bangalore
Position Type: 6 months Contract with possibility of extension
Labor Type: Technical
Category: Project and Program Management
Required Skills & Experience
· Should have excellent oral and written communication skills; ability to articulate IT-related cost and benefits.
· Preferably worked in IT companies, and I am familiar with the style, attitude, and culture in IT companies.
· Excellent people skills with respect to the ability to coordinate work between different groups.
· Basic financial and accounting knowledge
· Educational Qualification – Must hold / CA/ CWA
· Experience – 8-10 years
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
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.
Job Type: Contractual / Temporary
Contract length: 6 months
Pay: ₹100, ₹115,000.00 per month
Experience:
- Finance Manager: 10 years (Required)
- CA: 10 years (Required)
- CWA: 10 years (Required)
- Financial: 10 years (Required)
- Accounting: 10 years (Required)
Work Location: Remote
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