Project Finance Manager

Mashreq Corporate & Inve...

Posted on 27 Oct

Experience

5 - 10 Years

Education

Bachelor of Commerce(Commerce), MBA/PG Diploma in Business Mgmt(Finance)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Work with transformation office in driving and the Tech Project Financial reporting of bank wide related projects (for all business and functions) in close alignment with the Transformation Office.

Critical Financial evaluation of the Executive summary / CapEx proposals and ensure all elements are captured as per the standard

Ensure all relevant documentation and approvals are stored in the Central Project repository

Creation of Project in Oracle system and assigning the Budget as approved and monitor the same.

Provide timely financial reports / dashboards to the stakeholders on the project financials.

Coordination with Project Mangers, Transformation Office, CAD for the timely capitalization of the Projects and recording of Fixed Assets as per the Policy

Alert the Management / Transformation Office on the cost overrun, excess underutilization / non -utilization of budgets etc. on a timely manner

Validate for the correct chargeability, usage of appropriate Item codes, GL in Oracle I procurement

On Project closure, ensure for closing the same in system, coordinate with Project Managers, CPD for the close of unused LPOs etc.

Ensure compliance with Internal policies and regulations on every stage of the project as applicable

Actively involve and drive in the Annual CapEx Planning Exercise with Tech / Business Leads and with Transformation Office

Desired Candidate Profile

Must hold Master s in Finance / accounting or CA / MBA Finance with at least 5-8 years of experience in banking industry in managing multiple technology projects financials and its reporting

Knowledge and affinity with projects and program management, and Tech projects and topics.

Strong acumen in analyzing the financial data and proficient in project / financial software and tools

High problem-solving skills and ability to establish and maintain strong working relationships with the stakeholders across the organisation

Effective communication skills

Fluent in English

Effective Team worker

Department / Functional Area

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