- Overseeing and providing on-going management direction for all processes and activities undertaken for Cost Analytics. Introduce and maintain high quality standards of service delivery.
- Drive SCB cost and competitive analytics and benchmarking, extending efforts into market intelligence, developing forward looking projections to calibrate to SCB's performance vs. peers. External benchmarking basis the underlying industry trends.
- Partner with Global Process Managers and leaders to design and implement Standard Global Processes across areas of Cost Management and to track implementation effectiveness and gaps on a continued basis.
- Lead the team to develop a strategic roadmap for Cost CoE including capabilities of modelling, efficiency tracking, business partnering and end to end view of Cost.
- Engage senior stakeholders/business CFO's to drive conversations in agreeing to deliver a shared agenda of improvements/enhancements within the cost management processes.
Skills and Experience
- Understand the pain areas and provide recommendations for a more efficient and effective end to end process for Cost Management including technology related aspects.
- Agreements are met / exceeded. Embed a culture of continuous process and efficiency improvement within all teams and ensure that a process exists to constantly identify and implement improvement opportunities. Deliver on annual productivity/cost saves targets.
- Constantly explore opportunities for migration in the hub. Build compelling cases for end to end migration from countries. Work closely with business and country CFOs to augment on this.
- Contribute to the strategic development of the centre & drive GFS collective agenda.
- Work with HR to enhance the talent / skill sets to meet the growing complexity and needs of finance. Ensure that right talent is attracted and retained for all key roles; actively work on attrition management for the unit. Create sufficient bench to manage attrition efficiently.
- Evaluate options for continuously promoting forums for employee engagements. Encourage employees on their creativity, learning and development & improve work life balance.
- Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives. Participate and Support in all Global initiatives as applicable from time to time.
Ensure impact on business performance outcomes is managed due to change in upstream or downstream processes and systems
Qualifications
- A mature finance profession with relevant experience in financial services industry
- Experienced in corporate banking products, booking models, accounting treatments
- Sound understanding of cost management, cost performance reporting and understanding of cost booking and allocations practices
- A high degree of integrity and ability to challenge the views and actions of others in a constructive manner
- Ability to work effectively under pressure, multitask, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
- A leader, a team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders and the executive management team.
- Strong Analytical and Strategic mindset, coupled with a thorough understanding of business performance management outcomes
- Should have worked in a business finance function with strong FP&A background.
- Ability to understand and connect business drivers and rationale for and application of those relevant to the Performance management process.
- Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders.
- Strong ability to understand financial statements and its drivers and synthesize them into meaningful analyses as required. Develop analysis & interpretations as required to facilitate management decision making.
- Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams.
