Job Requirements

About the Role
We are seeking a Senior Analyst
- Cost Management to join the Finance department at IDFC First Bank. The Cost Management Team is dedicated to driving cost optimization initiatives and collaborating with various teams for end-to-end implementation. The role involves suggesting measures to improve process efficiencies and focusing on reducing the cost-to-income ratio. The ideal candidate will oversee the work of cost analysts and manage category-level analysis to identify opportunities for cost optimization.

Key Responsibilities
Primary Responsibilities
• Review and manage monthly trending reports, ensuring accuracy and relevance for decision-making.
• Identify, recommend, and implement cost optimization opportunities to enhance financial performance and efficiency.
• Ensure accuracy, quality, tracking, and reporting of expense categories, maintaining financial compliance.
• Collaborate with department heads to align cost optimization efforts with overall business objectives. Secondary Responsibilities




• Engage with various departments to understand systems and processes, including site visits to assess ground-level operations.
• Collect and analyze comprehensive data through stakeholder engagement.
• Review end-to-end business processes with business and support teams, suggesting measures to improve efficiencies.
• Conduct granular level analysis of expense categories and explore potential cost optimization initiatives. What We Are Looking For Education
• Graduation: B.
Com
• Post-graduation: MBA.
• Professional Qualification/Certification: CA / CFA. Experience
• 7+ years of relevant experience. Skills and Attributes
• Robust analytical and problem-solving skills.
• Excellent communication and collaboration abilities.
• Attention to detail and commitment to accuracy.
• Ability to manage multiple tasks and meet deadlines.

📌 Senior Analyst-Cost Management (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai