Assistant Vice President - Management Reporting, Cost

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President, Management Reporting, Cost.

Purpose of the role: This is an FP&A Cost Management role accountable for end-to-end service delivery across Cost Data Management, Cost Reporting, and Cost Analytics.

The role supports UK Cost Management contributes to FRP/forecasting and actuals reporting processes for Cost Management covering robust financial performance management across the Group.

The role holder will build strong, effective relationships across a wide stakeholder network and senior leadership, providing executive MI, insights, and constructive challenge with an independent perspective.

Responsibilities:

• Regional costs team engagement to ensure an effective and efficient cost assessment approach and process.
• Support and execute coordination, consolidation, review, and challenge of business plans and forecasts covering detailed cost deep dive analysis, and other performance measures.
• Responsible for enhancing controls and documentation, removing manual processes, and deepening the expertise and understanding of the teams supporting these processes to be able to effectively quality assure the associated outputs.
• Provide quantitative and qualitative analysis to support decision-making, maintaining regular engagement with senior management.
• Deliver best-in-class forward-looking COST MI and insights to maximize performance and support delivery of financial targets.
• Ensure monthly production of ad hoc reporting to internal stakeholders, including OpCo, and support quarterly reporting requirements.
• Drive enhancements to performance analysis across products and markets, including variance analysis of forecasts versus actuals.
• Support digitization of MI and FP&A cost processes using modern tools and technologies (including AI), partnering with Business teams and the COO function.
• Assess business plans under different scenarios, including iterations to business strategy, to steer performance and ensure targets are achieved.
• Act as a partner to the SCM and Group Infrastructure business partner teams, providing rapid responses, financial expertise, and ad hoc analysis focused on cost efficiencies and direct/indirect costs.
• Drive continuous process simplification and automation.
• Ensure a robust control environment across reporting and data sources.
• Proactively identify opportunities and support execution of strategic projects and commercial initiatives, representing Finance in key forums as required.

Requirements:

• Recognized professional accounting qualification (CA) or MBA from Tier1 Institute with minimum of 8-12 years of experience predominantly in Finance and not exceeding 12 years, including in leadership positions managing complex requirements from senior stakeholders.
• Strong experience and understanding across financial planning & analysis, financial accounting, financial reporting and extensive experience of business partnering in a Business / Group facing process.
• Strong understanding of banking and non-banking products/segments.
• Proven track record of designing, implementing and operating processes.
• Operations management including process governance and stakeholder management.
• Experience in implementing and validating the effectiveness of process controls.
• Proven track record of driving process synergies and technology-based solutions.
• Ensuring adequate controls across all deliverables to mitigate operational risk and ensure the highest levels of operational excellence.
• Exceptional drive and commitment, ability to work and thrive in a fast-changing and results driven environment, and proven ability in handling competing priorities