Manager Cost Management

HSBC; Ciudad de México; Presencial; MXN 1,465,000 - 2,199,000; Jornada completa

Descripción de la vacante

A global banking organization is seeking a Manager of Cost Management located in Mexico. This role involves overseeing Total Operating Expenses, conducting cost analyses, and collaborating with various functions to drive decision-making. The ideal candidate should possess strong financial acumen, analytical skills, and experience in managing stakeholder relationships effectively. Competitive compensation and growth opportunities are offered.

Formación

• Experience in cost management and financial analysis.
• Ability to work cross-functionally in a complex, international environment.
• Skills in preparing executive-level presentations and dashboards.

Responsabilidades

• Design and execute medium- and long-term cost strategies.
• Conduct in-depth cost analysis for efficiency improvements.
• Work closely with Function partners on emerging priorities.
• Ensure integrity and management of data submissions.

Conocimientos

Strategic mindset

Financial acumen

Analytical skills

Commentary writing

Stakeholder management

Descripción del empleo

Overview

If you’re looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you’ll be. We are currently seeking an experienced professional to join our team in the role of Manager Cost Management.

Role purpose:

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of Finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency and control to frame and influence business decisions.

In the Strategic Cost Management (SCM) function we provide accurate, relevant, and effective management information (MI), help stakeholders understand tactical and strategic options, make tangible recommendations, and provide analysis to influence and support business decisions. Business partnering is a crucial element.

The Cost Management Manager will be responsible for oversight of the Total Operating Expenses (direct, indirect and intercompany) for the entities in the Americas region, encompassing being a trusted business partner to the Global Functions (Finance, HR, Risk & Compliance, Technology, Corporate Services) and liaising with the Businesses CFOs to provide insightful information and informed decision-making. This role requires a strategic mindset, financial acumen, and the ability to work cross-functionally in a complex, international environment.

The role holder will also have significant exposure to senior management within Americas markets, regional Finance and Global ServCo management; as such, the jobholder will require a level of gravitas and credibility. The role also includes supporting ICO accounting, invoicing, aged debt management and breaks management.

The successful candidate will be located in Mexico.

Main activities

• Contribute to the design and execution of medium- and long-term cost strategies aligned with the bank’s business objectives.
• Conduct in-depth cost analysis to identify savings opportunities, cost drivers, and areas for efficiency improvements.
• Work closely with Function partners to add value on emerging priorities for the Function.
• Understand Entity and Businesses / Functions requirements and interpret data to provide analysis driving decision-making.
• Support Forecast, Target changes, Budgeting and FRP at functional, entity and regional level. Requires good understanding of: 1) Finance Structure 2) Analytical Skills 3) Commentary writing, 4) Relationship; and 5) Senior stakeholder management.
• Ensure integrity and management of data submission.
• Driving standardization of process, where required, across the region.
• Involvement in special projects as required.
• Prepare executive-level presentations and dashboards on cost performance, risks, and opportunities.

Stakeholder Management

• Work closely with Business heads, Finance, Procurement, HR, Global Operations, and Technology among other teams to ensure work stream scope and timelines are fully understood and syndicated.
• Develop effective relationships with key stakeholders across Global Functions, Accounting & GFOC teams, clearly identifying required inputs and timeline.
• Balance demands and requests from different stakeholders against limited available resources.
• Successfully engage in, and prioritize, work on multiple initiatives simultaneously.