Cost Performance Lead: Strategy & Optimization

United Overseas Bank Limited (UOB); Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading banking institution located in Singapore is searching for a finance expert to lead cost management strategies across business units. The ideal candidate will have at least 8-10 years of experience in financial analysis and cost management, preferably within the banking sector. Responsibilities include overseeing budget planning, guiding cost-saving initiatives, and collaborating with cross-functional teams to optimize financial performance. A relevant Bachelor's degree is required, while a Master's degree or professional qualifications will be favored. This role is crucial for driving financial efficiency and ensuring compliance with regulatory requirements.

Qualifications

• 8-10 years of experience in financial analysis, cost management, or performance management in banking.
• Strong analytical and quantitative skills with the ability to interpret complex financial data.
• Proficiency in financial modeling, budgeting, and forecasting.

Responsibilities

• Lead the development and execution of cost management strategies across business units.
• Oversee budget planning, forecasting, and variance analysis in collaboration with stakeholders.
• Monitor and analyze business expenditures to identify cost-saving opportunities.
• Prepare regular cost reports and dashboards for management review.
• Conduct variance analysis and provide explanations for deviations from budget.

Skills

Financial analysis

Cost management

Leadership

Analytical skills

Communication skills

Education

Bachelor's degree in Finance, Accounting, Business Administration

Master's degree or professional qualification (e.g., CPA, ACCA, CIMA)

Tools

Financial modeling tools

Budgeting software

Job description

A leading banking institution located in Singapore is searching for a finance expert to lead cost management strategies across business units. The ideal candidate will have at least 8-10 years of experience in financial analysis and cost management, preferably within the banking sector. Responsibilities include overseeing budget planning, guiding cost-saving initiatives, and collaborating with cross-functional teams to optimize financial performance. A relevant Bachelor's degree is required, while a Master's degree or professional qualifications will be favored. This role is crucial for driving financial efficiency and ensuring compliance with regulatory requirements.