Financial Planning And Analysis Analyst

Tata Consultancy Services; Chennai District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Tata Consultancy Services in Chennai seeks an experienced FP&A Analyst with 8–12 years in Finance and Accounting. The role focuses on planning, budgeting, forecasting, variance analysis, and regulatory support within Banking & Finance. FRM/IFRS 9 preferred; CA or MBA finance is desirable.

Ideal candidates will have advanced Excel, planning tools (Anaplan/BPC/Hyperion), and BI skills (Power BI/Tableau) and should be able to drive driver-based budgeting and robust financial analysis.

Qualifications

• 8–12 years of experience in FP&A within Banking & Finance.
• FRM and IFRS 9 preferred
• Minimum 15 years of regular, full-time education (10+2+3)
• Chartered Accountant or Masters in accounting, Finance, Economics, or related field

Responsibilities

• A. Planning & Budgeting: Manage driver-based budgeting models and consolidate P&L, Balance Sheet, and key ratios.
• B. Variance Analysis: Perform Actual vs Budget/Forecast analysis and MoM/YoY movement.
• C. Forecasting: Prepare monthly rolling forecasts and update outlook based on performance and macro factors.
• D. Scenario Analysis & Stress Testing: Conduct sensitivity/what-if analyses and support ICAAP/ILAAP exercises.
• E. Governance & Reporting: Produce profitability reports, draft variance commentary, and prepare board/ExCo packs.

Skills

Financial Modeling

Budgeting & Forecasting

Variance Analysis

Strong Accounting Knowledge

Data Analysis & Interpretation

Education

Minimum 15 years education (10+2+3)

Chartered Accountant / Masters in accounting, Finance, Economics or related field

Tools

Anaplan / BPC / Hyperion / FCSS / Oracle Fusion

Excel (advanced modelling)

Power BI / Tableau

Job description

Role: FP&A Analyst

Skill: Finance and Accounting, FP&A

Experience: 8 years to 12 years

Job Location: Chennai

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, Masters 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