Jobs in Telenor Microfinance Bank Ltd
Job Summery:
This incumbent will be responsible for managing 2 units “Management Reporting” and “Cost Control”. The incumbent is also responsible for performance management of Technology & Corporate Functions including investment planning & analysis for Capex and Opex.General Information:
Job Posted Date: 11November,2023City/Location's: Islamabad
Job Province's: Punjab
Job Category: Full Time
Job Type: Private
Vacancies Title: Head of Cost Control & Management Reporting
Total Vacancies: 01
Last Date To Apply:
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Eligibility Criteria:
Education Required: Accountant/ Master’s Degree in finance/MBAExperience Required: 10 to 12 years with 4-5 years
Age Limit: N/A
Company Info:
Organization / Department Name: Telenor Microfinance Bank LtdEmail: N/A
Telephone: N/A
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Job Description:
Cost Control Team
Responsible for Governance of cost
Responsible for approving, ensuring proper recording and reporting on cost items including GL control on P&L in coordination with Financial Control and Sourcing departments.
Performance Management of the Bank’s Capex and Opex.
Identification and implementation of cost optimization initiatives.
Coordinate with Financial Control and Finance Business Partners for implementation of activity-based costing regime through ERP.
Ensure regular reporting with meaningful analysis on cost.
Coordinate with User Departments, Sourcing and Finance Business Partners for evaluation of activities and arrangements to ensure cost optimization.
Continuous assessment and improvement of the budget control process.
Evaluation of business cases.
Effect realization of Investment decisions.
Financial advisory role for Technology & Corporate functions in the Bank.
Single point of contact for all Technology & Corporate functions with regards to Finance.
Management reporting
Managing, reviewing, and leading all periodic management reporting to shareholders, Leadership team and any other external or internal stakeholders
Managing, reviewing, and leading the financial strategy of the company and accessing funding requirement for both short and long term
Managing, reviewing, and leading special projects in relation to M&As, Regulatory affairs, licensing exercises etc.
People Management and Telenor Values
Coach, guide and mentor for ongoing development and progression of team
Ensure adequate backup training to achieve effective succession planning
Always demonstrate professionalism and ethical standards
Be inspiring, keep promises, be respectful, make it easy
Education & Experience
Qualified accountant/ Master’s Degree in finance/MBA
Overall 10 to 12 years with 4-5 years of relevant experience in the business planning function
Behavioral Skills & Competencies
Leadership Skills
Managing Performance
Building Collaborative Relationships
Analytical Thinking
Forward Thinking
Business Planning/financial modeling
Sound knowledge of financial market and industry
Thorough understanding of branch banking and treasury products
Location: Islamabad Apply
Telenor Microfinance Bank Ltd Jobs Head of Cost Control & Management Reporting
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