Job Description
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Job Title –
Analyst
Place of work
• Mumbai
Business Unit
• Central Business Finance
Function
– Finance
Job Purpose:
The role bearer has the responsibility to prepare and establish various financial MIS, Budgeting and forecasting, Segmental Reporting as per the accounting standard and RBI guidelines, analyzing the financials in order to provide management with all required financial data, with utmost accuracy and within the timeliness. The role holder is expected to maintain the MIS system and generate periodical analytical reports to facilitate decision making. The role includes liaising with different functions whenever financial analysis support is requested and perform ad-hoc financial analysis requested by senior management to support informed decision making
Roles & Responsibilities:
Preparation of various financial MIS at bank level which provides management insight of the ongoing performance of the bank.
Designing of new MIS and enhancement of existing MIS to ensure more analysis and details are made available to senior management.
Contribute to the preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified
Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements, automation of MIS and process improvements
Preparation of Segmental Reporting as per the accounting standards along with the RBI guidelines which forms part of the quarterly/yearly financials statements and liaising with the auditors to get the same audited and resolve their queries
Maintain accurate financial data and reports for submission to senior management
Address financial issues and inquiries in a timely manner
Participate in regular audits and recommend corrective financial action plans
Analytical review of the Financials for decision making
Capture and share best- practice knowledge amongst the team
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global market
Job Title –
Analyst
Place of work
• Mumbai
Business Unit
• Central Business Finance
Function
– Finance
Job Purpose:
The role bearer has the responsibility to prepare and establish various financial MIS, Budgeting and forecasting, Segmental Reporting as per the accounting standard and RBI guidelines, analyzing the financials in order to provide management with all required financial data, with utmost accuracy and within the timeliness. The role holder is expected to maintain the MIS system and generate periodical analytical reports to facilitate decision making. The role includes liaising with different functions whenever financial analysis support is requested and perform ad-hoc financial analysis requested by senior management to support informed decision making
Roles & Responsibilities:
Preparation of various financial MIS at bank level which provides management insight of the ongoing performance of the bank.
Designing of new MIS and enhancement of existing MIS to ensure more analysis and details are made available to senior management.
Contribute to the preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified
Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements, automation of MIS and process improvements
Preparation of Segmental Reporting as per the accounting standards along with the RBI guidelines which forms part of the quarterly/yearly financials statements and liaising with the auditors to get the same audited and resolve their queries
Maintain accurate financial data and reports for submission to senior management
Address financial issues and inquiries in a timely manner
Participate in regular audits and recommend corrective financial action plans
Analytical review of the Financials for decision making
Capture and share best- practice knowledge amongst the team
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global market
💡 Quick Summary
Seeking a career-building opportunity? The IDFC FIRST Bank Hiring for Business Finance Analyst 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.
