Location Name: Pune Corporate Office - Mantri
Job Purpose
This position is open with Bajaj Finance ltd.
Collect Financial data and information in order to estimate cost of IT projects and proactively work towards meeting cost target objectives, Prepares periodic cost reconciliation reports, tracking IT expenses and invoicing
Duties And Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
Key Responsibilities
Cost management:
Cost Accounting of Technology Unit
Supporting IT Vertical
- Responsible to control and monitor project total expenditure
- Provide planning and cost control support for all projects which includes variation reporting
- Perform commercial review for (partner / supplier/ vendor quotations) for the preparation of service agreements
- Perform project costing related reporting to the team and management's review on a monthly basis to ensure that expenditures are kept within the project budget
- Developing various MIS's and Management review reports
- Tracking Receivables and Invoicing
- Provides detailed financial analysis and reports of expenses, includes breakdowns of project costs, forecasts of remaining expenses
- MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)
Various stakeholder management
(Key decisions taken by job holder at his/her end)
Discussions with internal stakeholders on cost optimisation opportunities
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)
Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
Business Head
External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
Business heads at Partner teams
(Key numerical data which will reflect the scope and scale of activities concerning this job)
Financial Dimensions
(These should be quantifiable numerical amounts)
Annual savings INR in Cr
Other Dimensions
(Significant volume dimensions associated with the job)
- Total Team Size: 3
- Number of Direct Reports: 0
- Number of Indirect Reports:0
- Number of Outsourced employees: 0
- Number of locations: 0
- Number of products: 0
Required Qualifications And Experience
SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)
Educational Qualifications
CA or Cost Accountant or MBA from a reputed institute
- Work Experience
- 4 – 6 years of experience
- Experience in all or few of the skills listed:
Cloud cost optimization, license billing optimization, Workload optimization, Clear understanding or OPEX & CAPEX, Vendor billing, Cost analysis of Resource procurement, Development & Project finance, Financial analysis for IT Infra & maintenance