Central Process Manager-Cost Management

Job Purpose

To drive process excellence through automation initiatives, cost optimization, MIS streamlining, and analytics support. The role involves end-to-end ownership of project-based initiatives related to cost, budgeting, productivity, vendor billing, and strategic reporting to support management objectives.

Key Responsibilities

1. Process Automation & Reporting Efficiency

• Drive automation projects for improving operational efficiency using tools such as Python, Power BI, Advanced Excel.
• Simplify and standardize reporting formats and create dashboards for 16+ products under 13 cost codes.
• Implement initiatives that improve cost and productivity outcomes, aligning with strategic business goals.
• Identify and automate manual MIS generation processes to ensure real-time reporting and reduced turnaround time.

2. Budgeting & Costing

• Generate employee-wise and region-wise productivity reports on a monthly basis.
• Maintain employee-wise scorecards to aid in performance management and annual appraisals.
• Support job sizing exercises by maintaining and providing portfolio data and file value for all cost centers.
• Assist in the annual budgeting process for both manpower and operational costs.

3. Reporting Enhancements

• Continuously review existing reports to identify areas for enhancement and exception-based monitoring.
• Provide regular modifications and optimizations to current reports for better decision-making support.

4. Vendor Billing & Cost Management

• Ensure timely and accurate vendor bill processing in the system to avoid operational delays.
• Monitor and report vendor-related costs, identify discrepancies, and ensure compliance with budgetary guidelines.

5. Management Support & Analytics

• Support management with weekly/monthly reporting on cost, productivity, and performance metrics.
• Publish trendline reports and insights at regional, zonal, and pan-India levels.
• Analyze and report cost-per-file metrics, product-wise and region-wise.
• Drive performance tracking of key initiatives and their impact on processing and efficiency.

Key Skills & Competencies

• Data Analysis & Reporting: Advanced Excel, Power BI, SQL, Python (preferred)
• Automation Tools: VBA, Python scripting, Power Query, etc.
• Presentation Skills: Proficiency in PowerPoint, ability to present insights to senior leadership
• Analytical Thinking: Strong attention to detail and ability to work with complex data sets
• Project Management: Ability to manage timelines, prioritize tasks, and drive results
• Stakeholder Management: Strong interpersonal skills to work across teams and levels
• Business Acumen: Understanding of operational KPIs and business processes

Educational Qualifications

• Graduate/Postgraduate in Finance, Commerce, Economics, or Data Analytics
• Certifications in Data Analytics / MIS Reporting / Automation Tools are preferred

Experience Required

• 3 to 6 years of experience in MIS, Budgeting, Cost Reporting, and Process Automation
• Prior experience in banking/financial services preferred
• Exposure to tools like Power BI, Python, and Excel Macros is an added advantage