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Urgent! Senior Cost and Commercial Manager - Workspace Experience and Operations - GCOO Job Opening In Hong Kong, Hong Kong – Now Hiring HSBC Global Services Limited

Senior Cost and Commercial Manager Workspace Experience and Operations GCOO



Job description

Principal Responsibilities 

In this role you will:

  • Strategy and Framework Development: Define and implement strategies, frameworks, and tools for managing budgets, purchase orders, change requests, invoices, and non-budgeted supplier spend
  • Budget Oversight and Approval: Provide oversight and advise regional RES Directors on approval of global annual budgets, ensuring adherence to the contractually committed Description of Services (DoS) and maintaining appropriate cost control measures
  • Change Control Notices (CCNs): Be first financial approver for CCNs that impact the DoS and global, regional, and territory budgets, ensuring alignment with financial objectives
  • Budget vs.

    Actuals Management: Maintain global oversight of budget versus actual expenditure, identifying risks and opportunities to optimize financial performance
  • Operational and Capital Expenditure Management: Manage both operational expenditure (Opex) and capital expenditure (Capex) related to third-party suppliers, ensuring efficient allocation and utilization of resources
  • Central Fee Management: Simplify the model of allocating and assignment of central fees.

    Monitor and assign recharge values to the markets each year.

    Work with each regional and market lead to explain and obtain agreement on allocation
  • Supplier Relationship Management: Collaborate with suppliers to drive further value from relationships, identifying cost-saving opportunities and more efficient financial control processes
  • Risk Identification and Mitigation: Proactively identify emerging financial risks related to supplier costs and support the resolution of issues to safeguard budgetary integrity
  • Reporting and Analysis: Prepare detailed financial reports and analyses to provide insights into supplier cost management, supporting decision-making processes
  • Stakeholder Engagement: Work closely with finance leads, procurement teams, supplier teams and other stakeholders to ensure cohesive and effective supplier cost management strategiesbe successful you will need

Qualification:

  • A bachelor's degree in finance, accounting, economics, or a related field is preferred
  • Certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Management Accountant (CMA) are preferred
  • Experience working in finance, accounting, or a related field is essential
  • Experience in cost management, budgeting, and financial analysis is essential
  • Experience in commercial management is desirable
  • Proficiency in financial software and tools such as Excel, SAP, Oracle, or other financial management systems
  • Strong analytical, and financial analysis skills
  • nderstanding of financial regulations, tax and cross border payments
  • Familiarity with cost accounting principles and practices
  • Excellent communication and interpersonal skills
  • Strong organisational and problem-solving abilities
  • Ability to work collaboratively in a cross functional team environment including Finance, the market team and the supplier partners
  • High level of accuracy and attention to detail in financial reporting and analysis

When applying, please submit a full resume and attach your appraisal reports for the last two performance years.

Your local internal application policy should be followed.

For internal applicants in Hong Kong with less than twelve months in their current role, please also obtain and enclose the endorsement from your current line manager in the application as well; for more information you can visit HRDirect and search for content HKG: Do I need any approval to look for internal career opportunities?.

Opening up a world of opportunity

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

HSBC is committed to building a culture where all employees are valued, respected and opinions count.

We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.


Required Skill Profession

Operations Specialties Managers



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