Senior Business Finance Analyst

IDFC FIRST Bank


Date: 2 weeks ago
City: Mumbai, Maharashtra
Contract type: Full time
Job Requirements

Role: Senior Business Finance Analyst

Department/Function: Finance

Job Purpose

IDFC FIRST Bank is seeking a highly skilled and experienced Senior Business Finance Analyst to join our Corporate Function team in Mumbai, Maharashtra, India. As a leading financial institution, we are committed to providing our customers with the best financial services and products, and we are looking for a talented individual to help us achieve this goal. The Senior Business Finance Analyst will be responsible for providing financial analysis and insights to support the decision-making process of the business. This role will be a key member of the Corporate Function team, specifically in the Finance department, and will report directly to the Head of Business Finance.

Role And Responsibilities

  • The candidate is expected to handle business finance responsibilities for Retail Banking Products
  • Candidate should be Chartered Accountant/MBA with 3-5 years of experience in a similar role across consumer banking verticals
  • Assist in tracking key business variables, highlighting key business trends and risks on a monthly basis to senior management
  • Preferably from banking industry or financial services sector
  • Preparing the monthly product financials,MIS and dashboards , including detailed revenue and cost analysis, highlighting reasons for variances vs budgets/forecasts
  • Strong analytical skills including proficiency in MS excel/MS Powerpoint/MS Access
  • Maintain the MIS parameters as per set guidelines and identify process improvements to streamline data collection and report generation processes
  • Good understanding of banking industry
  • Handle automation initiatives for processes currently being undertaken manually
  • Team player
  • Maintain accurate financial data and reports for submission to senior management
  • Expert technology skills will be an added advantage
  • Assist in Budgeting and Forecasting requirements and submissions
  • Address financial issues and inquiries in a timely manner
  • Capture and share best- practice knowledge amongst the team
  • Leverage in-house synergies through collaboration with internal stakeholders
  • Keep abreast with global market trends and competitor strategies in key markets
  • Create an environment that promotes collaborative learning and collective ownership of responsibilities

Qualification

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc.) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Professional Qualification: Charted Accountant (CA)

Experience: 5 to 10 years of relevant experience.

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