Cost Management Executive

7 days ago


Hong Kong, Central and Western District, Hong Kong SAR China China Construction Bank (Asia) Corporation Limited Full time

Cost Management Role

The Cost Management Executive will play a critical role in ensuring the financial health and stability of China Construction Bank (Asia) Corporation Limited. As a key member of the finance department, you will be responsible for analyzing financial data, preparing budgets, and identifying areas for cost savings.

Your primary focus will be on assisting in the preparation of annual budgets, monitoring and controlling costs, and participating in the balanced scorecard (KPI) setting process. You will also be responsible for examining financial applications, compiling strategies and measures to cost management, and developing financial models for business segment/channel/product/customer performance measurement reports.

Main Responsibilities:

  • Prepare periodic performance reports of the Bank for ALCO/management review
  • Assist in the preparation of annual budget, budget monitoring and cost control
  • Participate in the balanced scorecard (KPI) setting for the Bank and departments
  • Examine financial applications, prepare points to approve the cases from divisions, compile strategies and measures to cost management for the Bank and divisions, monitor the progress
  • Assist in building financial models for business segment/channel/product/customer performance measurement reports and related analysis of the Bank
  • Develop, maintain and review the cost-benefit of new business initiatives/products/marketing campaigns/sales incentive schemes
  • Conduct the fixed asset analysis and management
  • Enhance the process and workflow
  • Establish suitable process, policies & procedures and internal control
  • Participate in ad-hoc assignments

Requirements:

  • Strong analytical and financial modeling skills
  • Experience in budget preparation and cost control
  • Knowledge of financial applications and performance measurement
  • Ability to develop and maintain internal controls
  • Excellent communication and interpersonal skills


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