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Homeโ€บCompaniesโ€บIDFC FIRST Bankโ€บSpecialist-Cost Management
IF

Specialist-Cost Management

๐Ÿ“LOCATIONMumbai City
๐Ÿ“ˆEXPERIENCE5 to 10 Yrs
๐Ÿ•˜TYPEFull time
๐ŸฅIndustryBFSI
๐Ÿ—“POSTED30 Jul 2026

01Responsibilities

Manage and mentor a team comprising analysts and senior analysts, fostering a culture of continuous improvement and financial accountability.Analyze current spending patterns, identify areas for potential savings, and propose actionable solutions.Identify cost optimization projects and partner with teams for major initiatives from concept initiation, planning, cost-saving estimation, through to implementation.Provide interim feedback to management on project status as required.Engage with business and support teams to review end-to-end business processes and suggest measures to improve efficiencies.Develop and execute cost-saving projects that align with the Banks strategic goals.Monitor the effectiveness of cost-saving measures and adjust strategies as necessary.Present findings and recommendations to senior management to support informed strategic decisions.Focus on automation of activities performed by the team to improve productivity.Identify, recommend, and implement cost optimization opportunities to enhance financial performance and efficiency.Strong analytical and problem-solving skillsAbility to lead and mentor a teamExcellent communication and presentation skillsProficiency in cost analysis and financial modelingExperience in process improvement and automationStrategic thinking and ability to drive initiatives Educational Qualifications: Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS) Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA) Professional Qualification/Certification: CA Experience: 5 - 10 years of relevant experience .

02What you'll need

Experience
5 to 10 Yrs
Employment Type
Full time
Programming languages
Cost ManagementFinancial AnalysisProcess EfficiencyStrategic PlanningTeam ManagementCommunication SkillsFinancial ModelingProcess ImprovementAutomation

03About IDFC FIRST BANK

BFSIIndustry
Full timeEmployment Type
Mumbai CityLocation
Not Disclosed ยท salary hidden by employer
5 to 10 Yrs ยท Mumbai City
Applications are reviewed directly by the hiring team.
Role Snapshot
Work ModeNot specified
Visa SponsorshipNot specified
RelocationNot specified
Job TypeFull time
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