Cost Performance Lead

About Us

“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the  British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery. 

WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

MAKE AN IMPACT

Role: Cost Performance Lead

Location: Pune

Experience: 15+ years

About the role

This role provides a single point of accountability for the overall delivery service of the FBT Digital Innovation team. The role reports into the VP PPM Transformation and provides Sustain. MI and Project delivery services in support of the PPM Digital Innovation, Transformation and Change organization. This role manages, optimizes and quality assures the FBT Digital Innovation team, building future capability and supporting the delivery of the PPM strategy. The incumbent could be potentially required to work under alternative shift arrangements to ensure appropriate overlap hours with European or British time zones.

WHAT YOU WILL DELIVER

Strategic planning: Collaborate closely with business and embedded finance teams to lead core planning activities, including developing budgets, financial forecasts, and resource allocation strategies. Provide input and challenge business plans and strategies, addressing risks and mitigations. Oversee yearly and multi-year planning processes, including the development of financial plans, engagement materials, and top-down/bottom-up planning processes. Drive business-specific non-routine processes. Own the cost allocation and recovery process, ensuring timely, fair and accurate recharges.

Performance Management: Work in collaboration with local leadership to implement the delivery of business cost planning and performance reporting processes. Lead robust long-term plans with performance insights that enable decision making. Prioritize and allocate team resources to successfully meet the needs of the business. Hold collaborators to account on performance contracts.

Risk, Control, Compliance: Collaborate with Finance Accounting & Control teams, challenge noncompliance areas and investigate root cause. Participate in SoX quarterly due diligence process and business assurance process of LRA (letter of representation & assurance), SEA (stock exchange announcement) and statutory reporting as required.

Cross-team integration: as a senior leader within FP&A, work with peers in remote offices across geographies in bp to earn trust, share context and establish ways of working. Work to develop a positive working culture that motivates staff to succeed and develop careers at Capco

Leadership: Lead a large team of finance professionals, developing the team through coaching, mentoring and on the job development. Work with the team members to solve problems when issues are called out.

Standardization and Process Optimization: Drive continuous improvement to promote standardization and simplification. Implement strategies that drive the automation of financial products, to improve the efficiency of financial analysis and reporting.

What you will need to be successful:

Must have educational qualifications: Business/Finance or Engineering Discipline Degree level or equivalent

Preferred education/certifications: Master’s Degree or post-graduate qualification in a finance discipline e.g. MBA, CA

Minimum years of relevant experience:

• 15 years of relevant post degree experience in financial reporting, budgeting and forecasting in an Oil and Gas business or experience in industries such as Retail, Asset-based business, Manufacturing, and Logistics Must have experience/skills:
• Deep knowledge of planning, performance management & control processes.
• Deep Analysis and Insight capability: The ability to provide critical thinking to address sophisticated situations, balance conflicting interests, and prioritize the interests.
• High level of eye for business.

Strategic direction: Embracing strategic direction and influencing key collaborators to gain agreement.

Building capability: The ability to build capability, influence beyond formal reporting lines, and coach a diverse team to drive high performance.

Empowering teams: Empowering teams to deliver by providing clear expectations and effective support.

Collaboration: Collaborating within the FP&A team and inspiring colleagues to understand and contribute to the team's strategic direction.

Must have educational qualifications:

• Business/Finance Degree level or equivalent

Preferred education/certifications:

• Master’s Degree or other qualification in a finance discipline e.g. MBA, CA, ICWA/Cost Accountants

Minimum years of relevant experience:

• 16+ years in all aspects of technical system implementation at scale
• Complex data and process design and issue resolution in an O&G context
• Senior stakeholder management and governance alignment

Required Licenses/Certifications:

• ACCA, CIMA or equivalent financial qualifications
• SAP practitioner / consultant or other relevant technical qualification

Must have experiences/skills (To be hired with):

• Experience of end-to-end FP&A processes – ranging from business and region level process delivery across the business groups (C&P, P&O, G&LC, OB&C) through to central group consolidation, analysis, presentation & and governance review
• Able to clearly articulate Group, Finance and FP&A transformation priorities in a simple and compelling way
• Able to describe and discuss industry and BP specific challenges in leading business and technical transformation; can demonstrate an understanding of organization change dynamics and how this impact cultural change.
• Highly skilled at understanding, explaining and discussing the conceptual modelling of data, entities and relationships in support of delivering required business outcomes
• Able to make the abstract and complex simple – understanding complex system, data and workflow requirements and translating into simple language to enable business decision making and prioritization