Finance & Accounts:Cost Control

Axis Bank
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📍 Mumbai, IndiaRegular

About this role

COST CONTROL TEAM
INTERNAL USAGE: (to be removed before publishing externally)
No. of Vacancies:1Manager:Merwyn Dsouza
Is a Team leader?NoTeam Size:9
Grade: 
Business:Corporate BankingDepartment:�Finance and AccountsSub-Department:Cost control
Location:  Mumbai CO
About Finance and Accounts
The Finance & Account department in Axis is responsible for planning, organizing, auditing, accounting and controlling the Bank�s finances. The finance department produces the company�s financial statements and is responsible for compliance with government norms and tax filings
About the Role
This Cost Control team is responsible for all aspects of cost budgeting, reporting and forecasting activities. This team is also responsible for equitable cost allocation across various segments. The deliverables include interaction with senior management on variance analysis, budgetary control and project updates.
Key Responsibilities

�         Responsible for conceptualization of cost reduction ideas and its implementation, work with stakeholders across the organization. Present the weekly progress to senior management.

�         Prepare monthly master data / trends, cost reports forecasts, BITE reports, presentations and Peer bank comparisons

�         Ensure accurate cost allocation every month.

�         Ensure analysis of variances on monthly basis vs previous month/ period and budget & make the presentations for review at senior management level.

�         Ensure adherence to Capex framework, assessment of proposals & highlight deviations in monthly reporting to management.

�         Responsible for the integration of Cost Framework in P2P

�         Ensure collation / summarization of cost budget on quarterly/annual basis. Work on presentations for management analysis/review.

�         Participate in automation initiatives for the function.

Qualifications

Optimal qualification for success on the job is:

�         Chartered accountant with 3+ years of experience with reputed financial institutions (Banks / NBFCs/ Insurance companies preferred).

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

�         Knowledge of Microsoft Office (including PowerPoint, Excel & Word) and Tableu (desired)

�         Knowledge of financial reporting and ability to work with financial data

�         Demonstrate management control of delegated tasks

 

Frequently Asked Questions

Is the salary disclosed for the Finance & Accounts:Cost Control position at Axis Bank?
The salary for this Finance & Accounts:Cost Control role at Axis Bank is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Finance & Accounts:Cost Control position at Axis Bank located?
This Finance & Accounts:Cost Control role at Axis Bank is based in Mumbai, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Finance & Accounts:Cost Control role at Axis Bank full-time or part-time?
This is listed as a Regular position. It is posted as a Finance & Accounts:Cost Control role at Axis Bank.
How do I apply for the Finance & Accounts:Cost Control position at Axis Bank?
Click the "Apply Now" button on this page. You will be redirected to Axis Bank's official application portal hosted on ripplehire where you can submit your application directly.
When was the Finance & Accounts:Cost Control job at Axis Bank posted?
This Finance & Accounts:Cost Control position at Axis Bank was posted on Sep 8, 2026. Apply as soon as possible — early applications are often reviewed first.
Finance & Accounts:Cost Control
Axis Bank
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