Strategic Cost Management Analyst

United Overseas Bank Limited; Singapore; On-site; SGD 90,000 - 140,000; Full time

Job summary

UOB United Overseas Bank Limited (UOB) in Singapore is seeking a cost management professional to support the development and execution of cost strategies across business units. You will partner with finance and HR to oversee budgeting, forecasting, and variance analysis, helping leadership make informed decisions.

You will monitor expenditures, identify savings, and contribute to cost transformation initiatives and governance.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• 3–5 years of experience in cost management, financial planning, or business control.
• Strong analytical skills and proficiency in SAP or similar ERP systems.
• Excellent communication and stakeholder management abilities.
• Experience in transformation projects and cross-functional collaboration.

Responsibilities

• Collaborate with the Lead to support cost management strategies across business units.
• Oversee budget planning, forecasting, and variance analysis in collaboration with Finance and HR.
• Monitor and analyze business expenditures to identify cost-saving opportunities.
• Support budgeting and forecasting processes with cost data and business insights.
• Collaborate with cross-functional teams to understand cost drivers and recommend improvements.
• Assist in the development and implementation of cost control policies and procedures.
• Prepare regular cost reports and dashboards for management review.
• Conduct variance analysis and provide explanations for deviations from budget.
• Support cost transformation initiatives and demand management processes.
• Collaborate with HRBPs, Finance, Product and Segment Heads to align cost strategies with business goals.
• Provide advisory support on cost implications during organizational changes and headcount planning.
• Ensure compliance with internal policies and regulatory requirements related to cost governance.
• Participate in strategic projects related to cost optimization and efficiency.

Job description

UOB United Overseas Bank Limited (UOB) in Singapore is seeking a cost management professional to support the development and execution of cost strategies across business units. You will partner with finance and HR to oversee budgeting, forecasting, and variance analysis, helping leadership make informed decisions.

You will monitor expenditures, identify savings, and contribute to cost transformation initiatives and governance.