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Lead: Enterprise Cost Management Job Opening In Mumbai – Now Hiring Nuvama Group


Job description

Purpose of the role:
We are seeking a detail-oriented and analytical professional to join our Planning & Strategy team as a Lead - Enterprise Cost Management .

The successful candidate will be owning in-depth analysis of capex commitment, long-term cost commitments, employee-related expenses, routine opex, and other cost drivers.

This role is integral to identifying cost-saving opportunities and supporting strategic decisions that drive profitability and efficiency across the organization.
Experience: 8–10 years of relevant experience in cost analysis, FP&A or management reporting, preferably within the financial services or related industries.
Responsibilities:
Develop and execute the expense/capex approach for entire Nuvama group.
Own the annual expense budgeting exercise - creating the department-wise cost budgets and business plans.
Proactive involvement in long-term opex/capex commitments & regular monitoring against committed costs
Provide meaningful insights on cost optimisation measures and lead in implementing cost-control initiatives.
Analyse and monitor employee-related expenses and operational costs across functions.
Analyse actual spends vs budget to identify areas of unbudgeted items and initiatives budgeted but not yet spent, ensuring approvals are in place for all unbudgeted items.
Categorize costs into logical buckets - BAU / One-off / Regulatory / Discretionary / Non-Discretionary / Controllable / Non-Controllable / Growth Investments.
Set up expense policy in collaboration with respective functions.
Develop and maintain cost models to forecast, track, and report key financial metrics and trends.
Ensure accurate cost allocation and timely financial reporting.
Benchmark Nuvama spends with peers to identify areas of cost optimisation.
Prepare, automate, and present comprehensive cost reports and dashboards for senior leadership and stakeholders.
Quailifications: Finance professional (CA, CA Inter, MBA Finance, ICWA etc.)

Required Skill Profession

Business Operations Specialists


  • Job Details

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Are You Looking for Lead: Enterprise Cost Management Job?

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The Work Culture

An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Nuvama Group adheres to the cultural norms as outlined by Expertini.

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Nuvama Group interview tips for Lead: Enterprise Cost Management

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