Strategic Cost Management & Transformation Analyst

uobgroup; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

United Overseas Bank Limited (UOB) in Singapore is seeking a cost management professional to drive budgeting, forecasting and cost control across business units.

You will partner with Finance, HR, Product and Segment Heads to identify cost drivers, implement policies and provide timely cost reports.

The role requires 3-5 years in cost management with strong analytical skills and SAP proficiency; transformation project experience is a plus.

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 the development and execution of 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.

Skills

Analytical skills

Stakeholder management

Transformation projects

Education

Bachelor's degree in Finance, Business Administration, or a related field

Tools

SAP

Job description

United Overseas Bank Limited (UOB) in Singapore is seeking a cost management professional to drive budgeting, forecasting and cost control across business units.

You will partner with Finance, HR, Product and Segment Heads to identify cost drivers, implement policies and provide timely cost reports.

The role requires 3-5 years in cost management with strong analytical skills and SAP proficiency; transformation project experience is a plus.