Finance Strategy, Governance and Procurement Lead

About the job

About the Role: Position Title: Finance Strategy, Governance and Procurement Lead Corporate Title: VP, Finance Reporting to: Head of Finance, MGS Location: MGS - Bengaluru Job Profile Position details: To develop, implement, and manage robust procurement governance frameworks, strategic sourcing initiatives via India based suppliers / vendors, and compliance processes within MGS finance ensuring alignment with global corporate objectives, driving cost efficiencies, and mitigating supply chain risks across all MGS Finance operations. Roles and Responsibilities: • We are seeking a dynamic and experienced Vice President to lead our Global Capability Center (GCC) operations within the banking domain. The ideal candidate will have a strong background in Record-to-Report (R2R) processes, proven expertise in transition management, and the ability to drive operational excellence across global finance functions. This role requires strategic leadership, stakeholder management, and a deep understanding of banking industry standards. • Transition Planning & Execution: Design detailed project plans and timelines for migrating finance workstreams, such as Accounts Payable, Regulatory Reporting, or Trade Finance. • Knowledge Transfer: Oversee the "Knowledge Capture" phase, ensuring captive teams are fully trained on local processes and standard operating procedures (SOPs). • Stakeholder Management: Act as the primary liaison between the onshore business units and the offshore delivery teams to ensure alignment on project scope and deliverables. • Risk & Governance: Identify potential operational risks during the migration and establish "Toll Gates" to sign off on readiness for each stage (e.g., Go-Live and Stabilization). • Process Improvement: Optimize financial tools and processes post-migration to drive automation and efficiency within the captive. • Provide insightful financial analysis, data-driven recommendations, and decision support to commercial and functional leaders. • Collaborate with senior leadership and the CFO to shape and drive the financial strategy, planning, and policy for the MGS and the enterprise. • Build and maintain strong, influential relationships with senior internal stakeholders across Risk and Information Technology at MGS and experiment the Art of the Possible. • Liaise and work together with global and India GEO team to integrate finance sourcing and seek necessary approvals. • Manage and coordinate internal and external audit readiness, ensuring all procurement documentation and records are accurate and complete. • Conduct in-depth market research and spend analysis to identify trends, cost drivers, and new opportunities for cost optimization and value creation.

Requirements

• Banking
• Financial Analysis
• Project Management
• Procurement

Qualifications

• MBA (Finance) or CA

Preferred Technologies

• Banking
• Financial Analysis
• Project Management
• Procurement

About the company

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups.