Job Purpose
- Manage independently the Finance and Planning of Technology & Legal Group including Overseas.
- Discharge the Finance responsibilities of Technology & Legal Group centrally for both UAE & Overseas geographies.
- Ensure strict financial discipline by adhering to the company policies and procedures.
- Manage stakeholder in providing relevant info of the Financials.
- Provide ad hoc reports and information, trends, and transaction analysis.
Key result Areas
- Manage individually the Finance and Annual Planning of Technology and Legal Groups of the Bank.
- Support Cost Centre owners through the budgeting process.
- Ensure for the timely production of monthly financial pack, trend, and analysis and alert the management for any inconsistency.
- Attend to all queries & ad hoc request from stakeholders and resolve on timely basis.
- Implement and work on the Dynamic Cost allocation methodology and track the same.
Suggest ways for improving the current information availability to assist in Cost Allocation. - Perform collation, review, and record of groups monthly expense provisions.
- Close monitoring of the Technology Projects and ensure for timely capitalization and recording of Fixed Assets
- Develop Resource allocation mix model and alert for the differential cost levers between FTE, RA and the Third-Party Resources including for the Rate card.
- Centralized reporting of all Bank wide technology expense and ensure to track of the Tech expense cost of the bank and alert for any surprises.
- Ensure for the monthly validation and analysis of data from Micro strategy and other automation tools.
- Support Digital Strategy and Automation Initiatives of the Group.
Identify areas of process simplification to bring efficiency improvement, reduced TAT. - Be an Integral part of various Operational Strategies and cost saving measures and assist the Group in identifying them, and methods to implement and track the savings.
- Consistent review of all accounting manuals, procedures, policies to establish best practice across the organization.
- Manage and interact a diversified team of professionals both onshore & offshore.
- Regular update of SOP and RCSA relating to Finance function
Knowledge, Skills and Experience
- Should have excellent oral and written communication skills; ability to articulate IT related cost and benefits.
- Preferably worked in IT companies and familiar with style, attitude, and culture in IT companies.
- Excellent ‘people skills’ with respect to ability to coordinate work between different groups.
- Basic financial and accounting knowledge
- Educational Qualification – Must hold M Com / CA/ CWA
- Experience – 8-10 years