Financial Cost Analyst

2 days ago


Singapore DBS Bank Limited Full time

At DBS Bank Limited, we are seeking a highly skilled Financial Cost Analyst to join our Group Finance team. As a key member of our team, you will be responsible for delivering world-class financial cost analytics and strategic cost management solutions that drive business growth and efficiency.

Your primary objective will be to enhance efficiency and productivity insights through data-driven cost analytics. This involves partnering with business stakeholders to design, develop, and implement cost and productivity methodologies, operational processes, and financial management information system (MIS) tools.

You will work closely with the central Group Finance team to utilize developed cost allocation methodologies and in-house system applications built in collaboration with Architecture & Technology partners. Your responsibilities will include:

  • Running monthly financial cost-MIS reporting and financial modeling to assess the impact of changes to attribution methodologies
  • Providing support for program management, ensuring adherence to governance frameworks and maintaining comprehensive documentation
  • Collaborating with business stakeholders to define requirements, review methodologies, and validate financial and transactional/customer data; leveraging large datasets to extract key insights/validate hypotheses
  • Developing financial models to assess the impact of strategic changes and parameter adjustments, reviewing attribution assumptions against business realities, and identifying opportunities for model refinement to ensure accuracy, explainability, and relevance of cost allocation

To succeed in this role, you will require prior experience in data analytics or financial analytics, as well as experience with large datasets and Big 4 Accounting Firm experience. Basic coding and data analytics skills are advantageous, while proficiency in Excel and PowerPoint is required. Experience or proficiency in utilizing Python (including Pandas) for analytics and automation is also essential.



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