Sr. Manager Operations Cost & Vendor
- VDart Technologies
- 5 to 9 Yrs
- Other Haryana
- 1 month ago
- Email to a friend
- Report this job
Job Description
- KEY RESPONSIBILITIES Preparing and publishing the Budget vs Actual MIS every month for Operations and Quality Preparing and publishing Cost MIS every month Reasoning out the cost variance (saves or outages) with the help of the teams and experience of cost trends Calculation of run rate and burn rate vs. allocated budgets. Check for anomaly and work with Finance team on reversal of the same. Ensuring correct cost provision and invoice bookings Preparing monthly cost view for Senior management and presenting on monthly basis Preparing and publishing Monthly Cost Per transaction (CPT) Preparing the monthly CPT dashboard by collecting transaction and cost data from different Ops teams Presenting variation analysis to senior management Ensuring the methodology is representative of the current expense situation. Budget Preparation and Deployment Collating the annual budget requirements from all functions and sharing with Financial Planning and Analysis team. Detailing out all the assumptions and initiatives. Working with Senior management for budget approvals. Deploying the final approved budget incorporating the expense seasonality General expectations w.r.t the role Being the SPOC of Cost bookings and Budget for Operations and Quality Evaluate expenses and make recommendations on decisions involving Cost Management to senior management along with program leaders Bring an outside in perspective to the business problem. Use networks within and outside of the industry to learn best practices and evaluate how they can be used and applied to Max Lifes business problems. Outsourcing Responsibilities Facilitate in managing the vendor related data and keep a track of the budget related deliverables from vendors Identify and implement streamlined processes for data reporting, dash boarding and communication MEASURES OF SUCCESS Ensuring Departments adherence to budget Be a constant force of change and innovation for the organization, challenging status quo and bringing new ideas for testing and incubation Successful archival of knowledge and dissemination of it across business functions Positive feedback and appreciation from business owners and decision makers. KEY COMPETENCIES/SKILLS REQUIRED 5-7yrs experience. Presently should be working in Shared Services/ Finance role handling budgets Proficiency in managing data through MS Office suite. Extensive Excel hands- on experience is a must. Knowledge of data visualization tools such Power BI and Tableau would be an added advantage. Analytical skills and judgment to solve problems with limited information at hand by learning and using Statistical tools and logics. Ability to work with cross functional teams; strong networking and interpersonal skills Detailoriented, critical thinker and self-driven with strong work ethics Excellent communication skills and a thoughtful, persuasive personal style. Self-starters comfortable in a project-oriented environment and comfortable in dealing with large cross functional projects. Ability to influence key stakeholders and operational owners through well-articulated strategies backed up with metric driven value statements. Life insurance experience a plus, but not mandatory,
Employement Category:
Employement Type: Full timeIndustry: BFSI
Role Category: Not Specified
Functional Area: Not Specified
Role/Responsibilies: Sr. Manager Operations Cost & Vendor
Contact Details:
Company: Max Life InsuranceLocation(s): Other Haryana
Keyskills: Cost variance analysis Budget preparation Expense management Vendor management Data reporting Data visualization Analytical skills Statistical tools Networking Interpersonal skills Critical thinking Communication skills Project management Life insurance Financial Planning Analysis
Similar positions
VDart Technologies
VDart Technologies Pvt Ltd. supports its $100 Million Client VDart Inc which operates across Major GEO's, Leading IT Clients and Emerging Technologies
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in