Roles and Responsibilities :

- Responsible for conceptualization of cost reduction ideas and its implementation, work with stakeholders across the organization. Present the weekly progress to senior management.
- Prepare monthly master data / trends, cost reports forecasts, BITE reports, presentations and Peer bank
comparisons
- Ensure accurate cost allocation every month.
- Ensure analysis of variances on monthly basis vs previous month/ period and budget & make the presentations for review at senior management level.
- Ensure adherence to Capex framework, assessment of proposals & highlight deviations in monthly reporting to management.
- Ensure collation / summarization of cost budget on quarterly/annual basis. Work on presentations for management analysis/review.




- Participate in automation initiatives for the function.

Job Requirements :

- 3-8 years of experience in a similar role within the financial industry.
- Robust understanding of capex management principles, including budgeting, forecasting, and variance analysis.

Role Proficiencies:

- For successful execution of the job, the candidate should possess the following:
- Knowledge of Microsoft Office (including PowerPoint, Excel & Word) and Power BI/Exposure to AI (desired)
- Knowledge of financial reporting and ability to work with financial data
- Demonstrate management control of delegated tasks

📌 Senior Manager - Cost Control (Maharashtra)
🏢 Axis Bank
📍 Maharashtra