Financial Planning Analyst

Tata Consultancy Services; Bengaluru; On-site; INR 2,500,000 - 3,800,000; Full time

Job summary

Tata Consultancy Services in Bengaluru is seeking an experienced FP&A professional with Chartered Accountant or related qualifications. The role focuses on planning, budgeting, forecasting, and variance analysis within a banking/financial reporting context, using advanced Excel and data interpretation skills.

Ideal candidates will bring banking FP&A expertise, strong accounting knowledge, and proficiency with Power BI/Tableau; exposure to regulatory exercises and stress testing is a plus.

Qualifications

• CA/CFA/FRM/MBA Finance orFinance related qualifications as listed in the ad.
• Experience in banking sector for Reg reporting and FP&A.
• Experience in large data analysis and reporting in Excel/PowerPoint.

Responsibilities

• Planning & Budgeting: manage driver-based budgeting models; consolidate P&L and balance sheet; support planning submissions.
• Variance Analysis: analyze actual vs budget/forecast; MoM and YoY movements.
• Forecasting: update outlook; maintain driver-based and scenario-integrated forecasting; perform what-if analyses.
• Governance & Reporting: produce profitability reports; draft variance commentary; validate data integrity across models.

Skills

Budgeting & Forecasting

Variance Analysis

Strong Accounting Knowledge

Data Analysis & Interpretation

Education

Chartered Accountant

Master’s degree in accounting, Finance, Economics, or related field

Tools

Excel (advanced modelling)

Job description

• CA, CFA, FRM, MBA Finance, CA Inter, M. Com, B. Com .
• Should be open for all shifts ( night shifts, rotational shifts…)
• It’s mandatory to submit a valid copy of TCS Application Form during the drive, Candidate must have an active & registered EPID
• Mandatory to carry a valid Govt. ID proof & a photocopy of the same and a passport size photo
• Candidates must have experience in banking sector for Reg reporting and FP&A.
• Candidates must have experience in large data analysis and reporting in excel/power point.

Minimum 15 years of regular, full-time education (10 + 2 + 3)

Chartered Accountant, Master’s degree in accounting, Finance, Economics, or related field

Must Have Skills:

• Budgeting & Forecasting
• Variance Analysis
• Strong Accounting Knowledge
• Data Analysis & Interpretation

Good to Have

• Scenario planning / What-if analysis
• Long-range planning & capital allocation
• Power BI / Tableau / Dashboarding tools
• Advanced FP&A expertise (Banking preferred)
• Strong understanding of Balance Sheet & Capital metrics
• Knowledge of stress testing frameworks (BoE scenarios preferred)
• Advanced Excel + planning tools (Anaplan, SAP BPC, Hyperion)

Tools / Systems

• Excel (advanced modelling)

Risks & Controls

Job Responsibility

A. Planning & Budgeting

• Manage driver-based budgeting models
• Consolidate and validate P&L, Balance Sheet, and key ratios
• Support business units in preparing planning submissions and review packs

B. Variance Analysis

• Actual vs Budget / Forecast analysis
• MoM and YoY movement analysis

C. Forecasting

• Update outlook based on performance, macro factors, and business inputs
• Maintain driver-based and scenario-integrated forecasting models
• Perform sensitivity and what-if analysis (e.g., NIM, impairments, costs)
• Support regulatory exercises (ICAAP / ILAAP / stress scenarios)
• Quantify capital and liquidity impacts
• Prepare governance & committee packs

E. Governance & Reporting

• Produce segment/customer profitability reports
• Draft variance commentary (templated/automated)
• Highlight key drivers and anomalies
• Identify risks and opportunities in financial plans
• Validate data integrity and consistency across models