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DEPUTY MANAGER COST CONTROL VACANCY FOR CMA AT AXIS BANK

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses. 

VACANCY DETAILS :-

POST NAME - Deputy Manager Cost Control
QUALIFICATION - CMA
EXPERIENCE - 1 To 2 Years
LOCATION - Mumbai

JOB DESCRIPTION :-
  • Responsible for conceptualization of cost reduction ideas and its implementation, work with stakeholders across the organization. Present the weekly progress to senior management.
  • Prepare monthly master data / trends, cost reports forecasts, BITE reports, presentations and Peer bank comparisons
  • Ensure accurate cost allocation every month.
  • Ensure analysis of variances on monthly basis vs previous month/ period and budget & make the presentations for review at senior management level.
  • Ensure adherence to Capex framework, assessment of proposals & highlight deviations in monthly reporting to management.
  • Responsible for the integration of Cost Framework in P2P
  • Ensure collation / summarization of cost budget on quarterly/annual basis. Work on presentations for management analysis/review.
  • Participate in automation initiatives for the function.
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