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Job Description

Job Purpose:

  • To lead the development, management, and execution of a cost-saving pipeline through internal process improvement
  • To collaborate with key sponsors, finance, and cross-functional teams to deliver process improvements benefiting Group COO operations
  • To Influence and negotiate commercial terms with product and service providers to further cost optimization efforts

Key Responsibilities:

  • Cost Optimization: Developing and implementing strategies to optimize costs across the organization while maintaining operational efficiency and quality
  • Budget Management: Leading the budgeting process and ensuring that budgets are aligned with strategic objectives (planning, tracking and forecasting)
  • Financial Analysis: Conducting detailed financial analysis to identify cost-saving opportunities and improve financial performance
  • Process Improvement: Identifying and implementing process improvements to enhance efficiency and reduce costs
    Risk Management: Assessing and managing financial risks associated with cost management activities
  • Stakeholder Communication: Collaborating with internal and external stakeholders to communicate financial performance and cost management strategies
  • Team Leadership: Providing leadership and direction to a team of financial professionals to achieve cost management goals
  • Compliance: Ensuring compliance with relevant regulatory requirements related to cost management
  • Strategic Planning: Contributing to the development of the bank’s overall strategic plans and initiatives
    Driving the annual budget process and the monthly reporting for COO and Group Finance

Job Details

Job Location
Dubai United Arab Emirates
Company Industry
Banking
Company Type
Employer (Private Sector)
Job Role
Management
Employment Type
Unspecified
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified

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