Financial Planning And Analysis Analyst

Tata Consultancy Services; Bengaluru; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Tata Consultancy Services in Bengaluru is seeking an experienced FP&A Analyst with 8–12 years of experience in Banking & Finance. The role focuses on planning, budgeting, forecasting, variance analysis, and governance reporting within a robust FP&A framework.

Preference given to candidates with FRM certification and IFRS 9 knowledge; strong Excel, data extraction, and BI tool skills (Power BI/Tableau) are valued. This is a full-time on-site position based in Bengaluru.

Qualifications

• Strong FP&A and financial modelling expertise.
• Proficiency in budgeting, forecasting, variance analysis and data interpretation.
• Advanced Excel with planning tools such as Anaplan, BPC, Hyperion.

Responsibilities

• Plan and budget using driver-based models; consolidate P&L, balance sheet and ratios.
• Perform variance analysis: Actual vs Budget/Forecast; MoM and YoY reviews.
• Prepare monthly rolling forecasts and update outlook based on performance and macro factors.
• Conduct scenario analysis and stress testing for ICAAP/ILAAP; quantify capital impacts.
• Produce governance and board/exco packs; ensure data integrity across models.

Skills

Financial modelling

Budgeting & forecasting

Variance analysis

Strong accounting knowledge

Data analysis & interpretation

Education

Chartered Accountant

Master's in accounting/finance/economics

Tools

Anaplan

BPC

Hyperion

FCSS

Oracle Fusion

Excel (Advanced)

Power BI

Tableau

SQL

Job description

Role: FP&A Analyst

Skill: Finance and Accounting, FP&A

Experience: 8 years to 12 years

Job Location: Bangalore

Certifications: Preferable - Financial Risk Management (FRM) certification, IFRS 9

Domain: Banking & Finance and Accounting

Education:

• 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:

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

Good to Have:

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

Tools / Systems:

• Planning tools: Anaplan / BPC / Hyperion/FCSS/ Oracle Fusion
• Excel (advanced modelling)
• BI tools: Power BI / Tableau

Risks & Controls:

• Risk: Model inaccuracies Control: Model validation & reconciliation
• Risk: Data inconsistency Control: Cross-functional alignment checks
• Risk: Regulatory non-compliance Control: ICAAP/ILAAP validation reviews

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
• Execute cost allocation models, Maintain allocation drivers

B. Variance Analysis

• Actual vs Budget / Forecast analysis
• MoM and YoY movement analysis
• Cost center-level variance breakdowns
• Volume / rate / mix analysis

C. Forecasting

• Prepare monthly rolling forecasts
• Update outlook based on performance, macro factors, and business inputs
• Maintain driver-based and scenario-integrated forecasting models

D. Scenario Analysis & Stress Testing

• 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
• Prepare Board / ExCo packs
• Identify risks and opportunities in financial plans
• Validate data integrity and consistency across models