Assistant Manager - Opex Analytics

About The Company

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
2. Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
3. Dynamic, Inclusive and Diverse team culture 
4. Gender Neutral Policy
5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
6. Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose

This role is responsible for supporting the Opex planning Analytics by tracking various cost metrics across organization, performing analysis of cost KPIs with the aim of ensuring cost controls in a manner which benefits the organization.

Role Accountability

1. Track costs across organization and ensure budgetary control on actual expenditures and actual performance across units/verticals on a monthly basis
2. Oversight of all capital expenditure, ensure accurate recording and right CAPEX approvals
3. Support MOU/planning activities for operating expenses, capital expenditure, leases, fixed asses and depreciation
4. Participate in monthly closing and reporting activities for operating expenses / fixed assets including tracking actuals versus plans, expense drivers & operating metrics; prepare Board decks for OPEX and Earnings
5. Perform analysis of Cost KPIs at monthly/Qtrly/YTD basis, monitor key metrics, review various operating metrics, cost to income ratios, identify reasons for cost variances versus plans, past periods etc.
6. Publish regular MIS/dashboards for management covering  Cost Classification, Functional Level cost, Cost to Income at Functional level, new accounts, headcount, etc.
7. Support in preparation of the monthly performance reviews, quarterly board decks and quarterly investor presentations related to cost and Opex areas
8. Assist Cost analytics and CBA exercises 
9. Prepare process documentation and compliance adherence

Measures Of Success

1. Quality of analyses conducted
2. Accuracy in tracking opex budget v/s actual spends
3. Timely & Accurate MIS/ Dashboard preparation
4. Timely preparation of statutory and internal compliance reporting data
5. Timely and accurate updating of process documentation
6. Process Adherence as per MOU

Technical Skills / Experience / Certifications

1. Expertise in MS office tools
2. Knowledge of Financial Analytics
3. Knowledge of Accounts

Competencies critical to the role

1. Analytical ability
2. Verbal and written communication 
3. Stakeholder Management
4. Teamwork and Collaboration

Qualification

CA/MBA/ICWA with understanding of consumer finance products

Preferred Industry

Fsi/Telecom/Retail/Ecommerce/It