Hdfc Bank Recruitment 2024

Job Description: Budget Analyst

Location: tamilnadu, Chennai

We are excited to announce a fantastic opportunity to join hdfc Bank as a Budget Analyst in tamilnadu, Chennai. As a Budget Analyst, you will be responsible for financial planning, budgeting, and analysis to support the bank's strategic goals. This role requires strong analytical skills, attention to detail, and a thorough understanding of financial principles.

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Responsibilities:
• Budget Planning: Collaborate with department heads and senior management to develop annual budgets. Assist in the preparation of budget guidelines, timelines, and templates. Analyze historical data, market trends, and business projections to establish realistic budget targets. Ensure budgets align with the bank's strategic objectives.
• Financial Analysis: Monitor and analyze budget performance on an ongoing basis. Identify variances, trends, and potential risks. Provide timely and accurate financial reports, highlighting key findings and recommendations. Collaborate with stakeholders to explain budget variances and propose corrective actions, if required.
• Forecasting and Projections: Support the development of financial forecasts and projections for the bank. Analyze internal and external factors impacting financial performance. Provide insights and recommendations to senior management for informed decision-making. Assist in the preparation of financial models and scenario analysis.
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Skills and Qualifications:
• Financial Analysis: Strong analytical skills with the ability to interpret financial data, analyze trends, and generate meaningful insights. Proficiency in financial modeling and forecasting techniques. Knowledge of accounting principles and financial statement analysis.
• Budgeting and Planning: Experience in budget preparation, monitoring, and variance analysis. Familiarity with budgeting methodologies, tools, and processes. Ability to develop accurate financial forecasts and projections.
• Attention to Detail: Meticulous and thorough in reviewing financial data and reports. Ability to identify errors, inconsistencies, and potential risks. Strong organizational skills to manage multiple tasks and meet deadlines