Cost Management Specialist
Overview: The Cost Management Specialist is responsible for analyzing, tracking, and optimizing the organization’s cost structure to enhance financial performance and operational efficiency, specifically for Technology and Operations cost centers. The role involves working closely with various business units to monitor and analyzing cost trends, identify cost-saving opportunities, and support strategic financial planning.
What you will be doing:
Technology and Operations Financial Management & Strategy
- Manage the full financial cycle for Technology and Operations budgets, covering both capital (CAPEX) and operational (OPEX) expenses
- Support the development of business cases to prioritize tech and ops investments based on ROI and strategic impact
- Partner with technology teams, business units, and finance to review and approve budgets for projects and day-to-day operations
- Track spending to ensure alignment with approved budgets and company goals
- Identify cost-saving opportunities and drive improvements in OPEX efficiency
- Analyze key cost drivers (e.g., software and infrastructure subscriptions) and implement appropriate cost controls
- Provide regular financial updates and insights to senior leadership\
Performance & Cost-Savings Tracking
- Build frameworks to measure the impact of tech and ops projects, focusing on cost savings, efficiency, and customer outcomes
- Define and monitor KPIs (e.g., cost per transaction, service cost) to evaluate performance
- Identify budget gaps and recommend corrective actions
Linking Tech Cost to Business Value
- Establish clear connections between tech and ops investments and business outcomes or revenue growth
- Collaborate with business leaders to quantify the value delivered by technology and operations initiatives
- Provide insights to align technology strategy with organizational growth targets
Stakeholder Communication
- Serve as the main point of contact for communicating technology and operations financial performance to executives
- Collaborate with cross-functional stakeholders to ensure alignment on budgets, priorities, and goals
- Present financial insights clearly across all levels of the organization and to external partners
What we are looking for:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field
- 3–5 years of experience in cost analysis or financial planning & analysis
- Experience in a high-growth fintech environment is strongly preferred
- Strong written and verbal communication skills
- High level of accountability and attention to detail
- Ability to work cross-functionally and influence stakeholders without direct authority
- Proficiency in MS Office, particularly Excel
- Experience with SAP is an advantage