Cost Optimization - Reliance Jio - Navi Mumbai

Job Overview Jio Platforms Ltd is seeking a Senior Cost Optimization Specialist to join our team in Navi Mumbai. This full-time role requires an expert in managing and optimizing costs. The ideal candidate will have a strong background in business finance and cost control with education from a premium institution , either BE / CA / MBA Finance . This position plays a pivotal role in aligning financial strategy with enterprise goals to maximize efficiency and profitability.

• Qualifications and Skills Profound expertise in cost optimization strategies, particularly within the Telecom, Energy sectors, is essential to effectively manage and reduce operating expenses.
• Demonstrated experience in business finance is necessary, including budget planning, resource allocation, forecasting, and financial reporting.
• Proficiency as a cost controller, focusing on monitoring project expenditures and ensuring compliance with cost management standards.
• Extensive knowledge of new energy resources offers strategic insight into cost-saving measures in evolving energy markets.
• In-depth understanding of power and solar business to guide cost-reduction initiatives aligned with the latest technology advancements.
• Academic credentials from a premium institution are preferred, highlighting a solid educational foundation in relevant financial and engineering disciplines.
• Ability to synthesize complex data into actionable insights and recommendations for optimizing resource utilization across projects.
• Strong analytical skills are critical for assessing current cost structures and developing innovative approaches to achieve financial objectives.
• Roles and Responsibilities Develop and implement comprehensive cost optimization strategies to enhance financial performance across projects and departments.
• Collaborate with cross-functional teams to identify and eliminate redundant expenses and enhance operational efficiency.
• Conduct thorough financial analysis and forecasts to support strategic decision-making processes regarding cost management.
• Lead initiatives focused on reducing energy consumption and promoting sustainable, cost-effective business practices.
• Foster partnerships with vendors and suppliers to negotiate favourable terms, maximizing financial savings and value.
• Provide in-depth reports and presentations to senior management, conveying complex financial concepts and recommendations for cost management.
• Stay informed of industry trends and technological innovations that could impact cost optimization strategies and objectives.

Monitor and ensure compliance with corporate policies and procedures related to financial management and cost control