Job Description

About the Opportunity Job Type: Permanent

Application Deadline: 20 March 2024



Title Senior Manager - Cost CoE

Department Finance - Cost Centre of Excellence (Cost CoE)

Location Gurgaon, India

Level Business Finance - 6

We\xe2\x80\x99re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Cost Coe team and feel like you\xe2\x80\x99re part of something bigger.

About your team

The Cost CoE team was formed in mid 2022 to address the complexity & drivers around cost, create a scalable operating model, and deliver services that drive business performance and ensure regulatory compliance. To progress on the vision of building cost CoE, the primary responsibility of this role would be enhancing the transparency and quality of costs & related datasets. The candidate will be responsible to support drive strategic programmes and develop implementation plans by coordinating with leaders across Controllership and Business finance. The candidate will also contribute to creation and implementation of best practices, cost estimation vision, strategy, policies, processes, and procedures to aid and improve both strategic partnerships and operational aspects.

About your role

• Lead the Cost COE Technology and Enterprise Services India Team, providing high quality financial insights and analysis around Technology & Enterprise Services costs
• Work closely with the Technology Business Finance team (UK), act as POC for overall coordination, planning of deliverables, assimilating and communicating information same to the local team
• Preparation of Forecast/Annual Plan, collaborate with the forecast owners or directs of Business Finance Technology Leadership Group using IT Planning, align Anaplan and IT Planning forecast.
• Own monthly IT Planning processes and maintenance from Technology and Digital Business Finance team, drive process and system improvements for the same
• Provide regular financials update on Direct Cost and Headcount for Actuals and Annual Plan to Global operating committee, Budgetholders and Technology Leadership areas.
• Review of monthly and year to date vendor spend during pre and post month end close and comparison against forecast. Close collaboration with procurement team to streamline processes.
• Review and rectification of requisitions as part of purchase order staging activity.
• Enhance the quality of analysis, interpretation and management reporting is such that it facilitates strategic thinking and decision making
• Assist with the identification of cost savings, efficiencies and productivity enhancing opportunities within Technology and Enterprise Services function
• Manage team and provide guidance and direction to the direct reports on work priorities and stakeholder management.
• Resource planning to ensure adequate back-up and knowledge transfer within the team.
• Identifying, designing and implementing process improvement initiatives for increased efficiency.
• Provide various ad hoc analysis to stakeholders under challenging time frames.
• Partnering with the business to understand requirements, challenge existing processes for rationalisation and design plan to understand unmet demands
• Relationship building and stakeholder management across geographies with other Business Finance teams and Financial Control teams.
• Understand FIL\xe2\x80\x99s business / client landscape and identify opportunities in collaboration with the business representatives based on business knowledge that aims to improve the overall customer experience.
• Propose solutions to solve strategic, tactical, structured, and unstructured business problems, e.g. cost transparency, and profitability, amongst the others

About you

• Seasoned Senior Manager or equivalent position in the Industry with 10+ years overall experience
• A qualified accountant/MBA from a reputed Institution
• Proficient with Microsoft Excel and Powerpoint
• Knowledge of Essbase, Apptio, SmartView, Oracle Fusion, Apptio, visualisation tools like Alteryx and Tableau would be an advantage.
• Good Communication skills
• Strong analytical skills, able to see the big picture and offer innovative solutions
• Able to multi-task and prioritise under pressure.
• Strong team-working skills, ideally with experience of working in a matrix environment.

Essential Skills / Personal Characteristics

• Exposure and good understanding of financial services domain
• Experience of working with multi-cultural teams in a geographically diverse environment
• Ability to learn and quickly get familiar with a complex business and systems environment.
• Strong problem-solving skills with the ability to think laterally to arrive at a solution
• Must have an eye for detail and analyse/relate to the business problem in hand
• Ability to develop & maintain good relationships with all business and systems stakeholders
• Self-motivation is essential, should demonstrate commitment to high quality solution
• Ability to discuss both business and related technology/system at various levels
• Excellent client-facing and internal communication skills and proven working experience in project management
• Outstanding analytical skills including analysing data, workflow, user or stakeholder inputs and ability to convert it into business outcomes
• Good analytical, judgment and decision-making ability along with critical thinking skills
• Excellent written, oral and presentation skills
• Ability to discuss both business and related technology/system at various levels
• Strong problem-solving skills with the ability to think laterally to arrive at a solution

Feel rewarded

For starters, we\xe2\x80\x99ll offer you a comprehensive benefits package. We\xe2\x80\x99ll value your wellbeing and support your development. And we\xe2\x80\x99ll be as flexible as we can about where and when you work \xe2\x80\x93 finding a balance that works for all of us. It\xe2\x80\x99s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Fidelity International