Telenor Microfinance Bank Ltd Jobs Head of Cost Control & Management Reporting

Telenor Microfinance Bank Ltd Jobs Head of Cost Control & Management Reporting:

Organization: Telenor Microfinance Bank Ltd

Position: Head of Cost Control & Management Reporting

Position Summary: This incumbent will be responsible for managing 2 units “Management Reporting” and “Cost Control”. The incumbent is also responsible for performance management of Technology & Corporate Functions including investment planning & analysis for Capex and Opex.

Duties and Responsibilities:

Cost Control Team

• Responsible for Governance of cost
• Responsible for approving, ensuring proper recording and reporting on cost items including GL control on P&L in coordination with Financial Control and Sourcing departments.
• Performance Management of the Bank’s Capex and Opex.
• Identification and implementation of cost optimization initiatives.
• Coordinate with Financial Control and Finance Business Partners for implementation of activity-based costing regime through ERP.
• Ensure regular reporting with meaningful analysis on cost.
• Coordinate with User Departments, Sourcing and Finance Business Partners for evaluation of activities and arrangements to ensure cost optimization.
• Continuous assessment and improvement of the budget control process.
• Evaluation of business cases.
• Effect realization of Investment decisions.
• Financial advisory role for Technology & Corporate functions in the Bank.
• Single point of contact for all Technology & Corporate functions with regards to Finance.

Management reporting

• Managing, reviewing, and leading all periodic management reporting to shareholders, Leadership team and any other external or internal stakeholders
• Managing, reviewing, and leading the financial strategy of the company and accessing funding requirement for both short and long term
• Managing, reviewing, and leading special projects in relation to M&As, Regulatory affairs, licensing exercises etc.

People Management and Telenor Values

• Coach, guide and mentor for ongoing development and progression of team
• Ensure adequate backup training to achieve effective succession planning
• Always demonstrate professionalism and ethical standards
• Be inspiring, keep promises, be respectful, make it easy

Education & Experience

• Qualified accountant/ Master’s Degree in finance/MBA
• Overall 10 to 12 years with 4-5 years of relevant experience in the business planning function

Behavioral Skills & Competencies

• Leadership Skills
• Managing Performance
• Building Collaborative Relationships
• Analytical Thinking
• Forward Thinking
• Business Planning/financial modeling
• Sound knowledge of financial market and industry
• Thorough understanding of branch banking and treasury products

Location: Islamabad Apply

Telenor Microfinance Bank Ltd Jobs Head of Cost Control & Management Reporting