Cost FP&A Vice President

This role will be responsible for analytics and process outcomes supporting the Cost performance management focusing specifically on Other Banking (OB). This encompasses descriptive analytics on cost performance, predictive analysis on Outlook and Corporate plan submissions. The individual will work closely with the Country FP&A teams across the Group.

Processes*

Cost Performance Management / Reporting:

Manage process and outcomes for OB Outlook and Actuals reporting.

Build the narrative on OB cost performance at Group level and individual Clusters for presentation to senior management.

Support Group FP&A Cost team in building a robust Outlook and Plan view, along with central overlays.

Support the digitisation and simplification of our reporting process.

Provide central cost overlays in the monthly flash and submit it to Group FP&A central team along with the comments.

Track the FY outlook by Cluster to understand the group position and changes from previous submission.

Perform the actual and flash analysis for Group Cost FP&A team.

Coordinate with Country FP&A teams on understanding material cost movements that impact the group shape.

Understand the headcount movements in alignment with the overall cost narrative.

Embed Global standard constant currency views across all our reporting.

Corporate Plan & Outlook:

Own and support the process elements of Cost Planning - building the OB budgets through multiple cycles i.e. Target Setting, CP, BR1 and BR2.

Own end to end OB outcomes within the Corporate Plan process (Inflation, transfers, restatements etc).

Coordinate with all Countries to understand the key business momentums within the plan.

Monitor, review and control the country submissions and ensure its in line with set principles.

Understand movements and manage reconciliations for cost and headcount transfers.

Update the cost messaging in the cost deck basis discussion with Countries.

Connect the dots between budget and actual reporting to have consistent messaging.

Understand the movement across key P&L Lines along with the key business rationale.

Others:

Supporting ongoing and dynamic ad-hoc analytics requirements from senior management.

Completely owning all individual deliverables end to end, working closely with onshore Finance stakeholders.

Understanding the systems and processes end to end.

Quick understanding of the ad hoc requests with ensuring quality and TAT of the output.

Understanding all the P&L lines and systems and be able to design and create various MI which can be shared with Businesses / Functions for taking important decisions.

Stakeholder communication and coordination.

Key stakeholders*

1. Country FP&A
2. Group FP&A
3. Finance Operations and Transformation

Other Responsibilities*

Embed Here for good and Group's brand and values in Country FP&A team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Qualifications

MBA, CA, CFA, ACCA with a minimum of 10 years of experience (post qualification) in a financial service industry

Strategic mindset with a good understanding of FP&A activities

Strong analytical skills and ability to make decisions

Experience in cost planning and analytics, variance analysis and understanding of cost drivers

1. Effective communication skills, including presenting and influencing senior management
2. Excellent written and oral communication skills