Vice President, DCDA Business Finance

Job Description

Business Support
• Understand drivers for cost performance; drilldown & analyse the cost across actuals and plan
• In-depth understanding of cost reporting structure, processes and systems
• Transform cost hierarchy into a hierarchy aligned to reporting requirements using a robust process which will cater to dynamic demand environments
• Partner with Stakeholders, Global Process Managers & Owners to design and implement a standard Cost reporting process
• Ensure that MI is produced in a timely and relevant suitable to senior management
• Work with upstream and downstream teams to ensure that there is transparency in the cost numbers and the process provide timely & accurate financial information / MIS to enable strategic decision making
• Front end the coordination and support during forecasting, budgeting and monthly reporting cycles with product and segment finance heads and Regional / Country finance functions
• Analyse business performance (management and financial), review highlight risks and opportunities and drive actions to ensure committed financial outcome.
• Ensure support to business stakeholders on regular and ad-hoc management meetings (e.g. MBR, CCIBMT, WFR, CCIB Core, etc)
• Provide delivery ownership and control over all CCIB outcomes across cost processes including accounting and control
• Ensure impact on business performance outcomes is managed due to change in upstream or downstream processes and systems
Team Leadership and Organizational Effectiveness
• End to end support to the CCIB Cost Finance team covering all outcines for e.g. business performance reports, analytics, planning and partnering with COOs
• Lead and manage the team and to develop the staff to take up different/more value added roles
• Collaborate with Group / Regional / Country Finance colleagues in providing quality management information and review of business plans and strategies
• Contribute to any ad-hoc finance related projects, including providing support to Finance Transformation initiatives as well as simplification of bank process
Key Relationships Internal
• Product Finance Heads Lending, CF, FM and TB
• Segment Finance Heads
• Regional Finance teams
• Group finance team
• Strategy team
• Investor relations
Contributes To
• Quality of decision making within the business
• Influences and challenges issues, providing judgement and assessment of impact of proposed actions / activities on performance and strategy
• Uphold the control and compliance culture in the bank
Our Ideal Candidate
• A mature finance profession with relevant experience in financial services industry
• Experienced in corporate banking products, booking models, accounting treatments
• Sound understanding of cost management, cost performance reporting and understanding of cost booking and allocations practices
• A high degree of integrity and ability to challenge the views and actions of others in a constructive manner
• Ability to work effectively under pressure, multitask, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
• A leader, a team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders, and the executive management team.
• Strong Analytical and Strategic mindset, coupled with a thorough understanding of business performance management outcomes
• Should have worked in a business finance function with strong FP&A background.
• Ability to understand and connect business drivers and rationale for and application of those relevant to the Performance management process.
• Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders.
• Strong ability to understand financial statements and its drivers and synthesize them into meaningful analyses as required. Develop analysis & interpretations as required to facilitate management decision making.
Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams,

Keyskills :
project managementautomationcost controldeliveryltdkeeping things simple