Job Description
Role/ Job Title: Analyst-Cost & Budgeting
Function/ Department: Retail Liabilities
Job Purpose
The role entails the responsibility of providing production support to bank's software applications. It includes administering and resolving day to day production applications issues, providing updates and perform root cause analysis.
Roles & Responsibilities
• Lead overall business planning and monitoring, including budgeting, revenue realization, and cost management for retail liabilities
• Collaborate with stakeholders to establish financial targets, revenue projections, and cost management strategies for retail liabilities
• Monitor and evaluate the financial performance of retail liabilities, ensuring that it remains in line with budgeted targets and financial forecasts
• Identify areas of improvement or cost-saving opportunities and provide recommendations to optimize the financial performance of retail liabilities
• Work closely with business and finance team to monitor the actual realization of revenue and costs
• Compare the actual financial performance against the budgeted targets and identify any discrepancies or variances
• Conduct regular financial reviews and performance analysis, highlighting areas of concern and recommending corrective actions if necessary
• Provide financial insights and recommendations to the business finance team and other stakeholders for informed decision-making
Education Qualification
Graduation: Any
Experience: 5 to 10 years of relevant experience
Function/ Department: Retail Liabilities
Job Purpose
The role entails the responsibility of providing production support to bank's software applications. It includes administering and resolving day to day production applications issues, providing updates and perform root cause analysis.
Roles & Responsibilities
• Lead overall business planning and monitoring, including budgeting, revenue realization, and cost management for retail liabilities
• Collaborate with stakeholders to establish financial targets, revenue projections, and cost management strategies for retail liabilities
• Monitor and evaluate the financial performance of retail liabilities, ensuring that it remains in line with budgeted targets and financial forecasts
• Identify areas of improvement or cost-saving opportunities and provide recommendations to optimize the financial performance of retail liabilities
• Work closely with business and finance team to monitor the actual realization of revenue and costs
• Compare the actual financial performance against the budgeted targets and identify any discrepancies or variances
• Conduct regular financial reviews and performance analysis, highlighting areas of concern and recommending corrective actions if necessary
• Provide financial insights and recommendations to the business finance team and other stakeholders for informed decision-making
Education Qualification
Graduation: Any
Experience: 5 to 10 years of relevant experience
💡 Quick Summary
Seeking a career-building opportunity? The Analyst|Cost Budgeting position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.