Business Function
Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Job Purpose
To provide cost oversight, cost control and drive all tactical and strategic initiatives for the bank in collaboration with Business and Support Units, Regional Teams, Budgeting/MIS and Financial Controls

Key Accountabilities
Financial Planning and Analysis - prepare annual budget in collaboration with all Units, monitor cost performance, prepare cost forecast and monthly flash. Track and monitor Branch, Sector, Segment, Channel and Product wise cost performance
Strategic Cost Management - Help formulate annual and ad-hoc strategy to drive cost optimization, operational efficiency and provide new ideas.
Advanced Cost Analytics - support all Units (Institutional Banking, Consumer Banking,



Treasury & Markets, Technology & Operations etc.) and stakeholders in new initiatives through detailed analysis of cost drivers and control levers
Own the cost allocation methodology of the Bank and bring more transparency / objectivity to the model
Stakeholder Management – Make regular presentations to senior management of the Bank on cost analysis and optimization opportunities

Job Duties & Responsibilities
Overall responsibility of all Units cost oversight.
Preparation of budgets, Forecast and Flash for All Units.
Support all ad-hoc business modelling and cost analytical reviews.
Help timely and accurate business performance reporting on cost lines by providing and resolving as may be required - queries on cost including allocation.
Evaluate all existing cost drivers for the Business and Support Units, challenge and justify the spend be it current technology or manpower deployment and recali

📌 Assistant Vice President, Specialist, Business Finance, Consumer Banking, Finance (Mumbai)
🏢 DBS Bank
📍 Mumbai