Financial Analyst

JOB TITLE

Financial Analyst

GRADE

SM

DEPARTMENT

F & A

LOCATION

HO

SUB-DEPARTMENT

TYPE OF POSITION

Full-time

REPORTS TO

National Manager – Financial Planning

ROLE PURPOSE & OBJECTIVE

Responsible to prepare the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.

KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business / Financials

Industry Analysis and Competitor Study : Conducting a competitor study and industry analysis in partnership with sales and marketing team to gather relevant information for business strategy and plan formulation. Tracking the competitor closely and proposing key take away for Ujjivan.

Business Planning and Budgeting : Preparing the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.

Tracking of Business & Revenues : Publishing and analyzing relevant dashboards highlighting the performance of the business against the target / budget. Analyzing the performance of the different business units and highlighting the performers and non-performers. Assist business leaders in developing an action plan for the non-performers. Track revenues.

Customer

Attend and assist to any related queries for customers

Must have fair understanding of Taxation laws & should assist in interpretation of law to drive projects that has an impact on the Bank / it’s businesses

Must be able to guide Operations, IT, Business teams for any needful actions to be undertaken pursuant to any new requirements / changes in existing requirements per laws

Internal Process

Process Improvement : Understanding the current processes followed by the bank and suggest improvement to develop efficiency. Also developing and reviewing new business processes as per the strategic goals of Ujjivan.

Cost Management and Cost Control : Tracking the costs of various verticals against budget and performing the variance analysis. Also suggesting alternatives to optimize the costs incurred to improve profitability.

Learning & Innovation

To keep oneself up to date on relevant laws

To complete all online learning modules on time

To complete the self-assessment on time

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

MBA(Finance) / CA / CFA

Experience

Minimum 1 year experience in financial analysis or planning & budgeting in a Bank / Financial Institution / advisory firm

Certifications

NA

Functional Skills

Strong accounting & tax background

Fair Understanding of Taxation laws (Income Tax & GST)

Expert in handling voluminous data & hands on experience with MS Office

Competencies Required

Planning & Organizing

Driving Execution

Collaboration