Financial Spreading (CRE/ C&I) - Associate, Pune

Acuity Analytics; Maharashtra; Hybrid; INR 600,000 - 1,000,000; Full time

Job summary

Acuity Analytics in Pune, India, is seeking an Associate for Financial Spreading (CRE/ C&I) with 3-5 years of experience. Hybrid work arrangement; typically 11am-8pm IST, focusing on analyzing and spreading financial statements and supporting credit appraisal for a US-based banking client.

The role emphasizes preparing covenants, cash flow analyses, and regulatory-compliant reports, with emphasis on accuracy, timely MIS, and client communication to meet SLAs.

Qualifications

• MBA/CA/CFA or equivalent
• 2-5 years experience in spreading and covenant monitoring
• Strong credit principles, policies, and regulations
• Proficient in MS Excel
• Good written and verbal communication with clients
• Experience with US-based banks is a plus

Responsibilities

• Analyze and spread financial statements on various platforms
• Assess income statement, balance sheet, and cash flow for credit appraisal
• Review property operating statements, budgets, proforma, tax returns, audited statements
• Review notes, MD&A, and supplementary schedules for adjustments
• Normalize financials for exceptional items to reflect true profitability
• Compute adjusted net worth, recurring cash flows, debt service, and ratios
• Monitor covenant compliance and reporting
• Support project scoping, workflow management, and MIS reporting
• Identify efficiency improvements and process enhancements
• Maintain regular client communication to manage expectations

Skills

MS Excel

Client communication

Analytical skills

Time management

Financial analysis

Education

MBA (Finance) / MCom / CA / CFA

Job description

Job Title: Financial Spreading (CRE/ C&I) - Associate, Pune

Location: Pune (Hybrid)

Work hours: 11am to 8pm IST

Department: Lending Services (Banking)

Experience Level : 3-5 years

0-2 months' notice candidates preferred due to business need

Key Responsibilities

• Analyzing and spreading the financial statements on various financial platforms
• Analysis of financial statements including Income Statement, Balance Sheet and Cash Flow Statement of public and private companies for the credit appraisal process
• Knowledge of Property Operating Statements, Budget / Proforma statements, Tax Returns, Audited Annual statements
• Going through the supplementary schedules of Annual report, notes, Budget, QSR reports, and MD&A for the detailed breakups and adjustments
• Normalizing the financial statements for exceptional and non-recurring items to arrive at the true profitability figures
• Knowledge of U.S. Commercial Real Estate (CRE) industry across property types - Multifamily, Affordable Housing, Office, Retail, Industrial, etc.
• Calculating the Adjusted Net Worth, Recurring Cash Flows, Annual Debt Service, Contingent Liabilities, custom ratios and other financial metrics
• Monitor Covenant compliance and reporting
• Support with project scoping, end-to-end workflow management, MIS reporting, etc. Responsible for adherence to client SLAs and Policies
• Identify ways for improvement in efficiency gains and process improvement
• Regular communication with the client to ensure the expectations are met

Key Competencies

• MBA (Finance) / MCom / CA (CPA equivalent) / CFA
• Experience of 2-5 years in spreading and covenant monitoring
• Strong understanding of credit principles, policies, and regulations
• Proficient in MS Excel
• Good communication skills – both written and verbal to take client calls on regular basis
• Exceptional organizational skills, including multi-task capability, priority setting and meeting deadlines
• Ability to build collaborative relationships and effectively leverage networks to mobilize resources
• Experience of working for a US based bank will be an added advantage