Resource & Cost Steering Officer

Permanent contract|Hong Kong|Corporate & Investment banking

Resource & Cost Steering Officer

  • Hong Kong, Hong Kong
  • Permanent contract
  • Corporate & Investment banking


  • Budget & Financial Trajectory
    o Contribute to building GBTO financial trajectory in sync with DFIN/GBS, GBTO manager & Paris counterparts 
    o Build the annual budget and monitor the capacity (Actuals, Forecast & Budget) at different axes including RTB/CTB, IT/non-IT

  • Staff Monitoring
    o Collect feedback from GBTO managers on the latest staff movements and update pyramid staff plan accordingly
    o Monitor the execution of the HC Saving plan 
    o Maintain and update the staff mapping by SMEs, & BU 
    o Further digitalize HC dashboard using Power BI 

  • OPEX & External costs control & optimization
    o Oversee and monitor our offshoring headcount and billing process
    o Track the payment of vendor invoices against the budget and follow up on any payment issues to get them resolved
    o Train GBTO staff on the invoice payment process and how to raise Purchase Requests
    o Participate in or lead initiatives to streamline the invoice payment process
    o Contribute to building a comprehensive contracts referential integrating sourcing and finance information

  • Financial Steering initiatives 
    o Co-ordinate on the IT cost steering for TCO applications 
    o Co-ordinate on GTS Infra cost allocation to GBTO
    o Enhance the usage of Apptio 

  • Project Portfolio Management
    o Contribute to build & monitor Asia Transformation portfolio and GBTO Asia contribution
    o Monitor the consumption of the non-labor cost from the projects 

  • Sharing of best practices 
    o Identify the best practices used in GBTO that can be extended to other GBIS functions and share them
    o Adapt to GBTO the best practices from other departments

  • Administrative and Ad’ hoc tasks management
    o Other ad hoc requests/relevant responsibilities as assigned by the management

Profile required

  •  Master’s Degree in relevant field
  • 3-5 years working experience in financial reporting and budgeting is preferred
  • Strong analytical and synthetic skills
  • Ability to work in a team
  • Good understanding of CIB business
  • Good communication skills
  • Fluent English, both written and oral
  • French language is an advantage
  • Good ability to manipulate data in Excel
  • Good ability to prepare presentations using PowerPoint
  • Knowledge on Power BI
  • HKMA Enhanced Competency Framework (ECF) certification is preferred

Business insight

Company Description: 

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 160 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 126,000 employees in 65 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of January 2024). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,200 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customized business solutions.

Department Description:

Serve as key member of the regional GBTO/COO/BPM team supporting dedicated departments in building the financial trajectory, monitoring the resources, managing the capacity, and steering the costs by working alongside DFIN & COO/BPM Paris team
In charge of cost steering implementation for TCO (Total cost ownership), IT/non-IT in Apptio. Oversight GSC offshore cost monitoring. Work together with sourcing team and DFIN teams to build a comprehensive contract database

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 24000HWO
Entity: Societe Generale Hong Kong Branch
Starting date: 2024/09/02
Publication date: 2024/07/04