Lead – Financial Planning & Analysis/Strategy – Bank – CA

HR Solutions; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading financial consultancy in Mumbai is looking for a Financial Planning and Analysis professional. The ideal candidate will hold a CA or MBA and possess strong knowledge of banking and financial services. Responsibilities include managing financial reporting, budgeting, and engaging with business heads to assess performance. Experience in financial due diligence and consulting within the banking sector is essential.

Qualifications

• In-depth knowledge of the Banking and Financial Services industry.
• Strong academic and professional credentials.

Responsibilities

• Skilled in FP&A, including management reporting, budgeting, and forecasting.
• Consulting/FDD experience for Banking, preferably from Big4 firms.
• Engage with Business heads to review financial performance.

Skills

Financial Planning and Analysis

Management Reporting

Budgeting and Forecasting

Consulting/FDD Experience in Banking

Financial Due Diligence

Education

CA / MBA

Job description

Overview

Role: Financial planning and analysis / strategy for consumer bank- Mumbai

Ideal candidate

CA / MBA with strong academic and professional credentials. In depth Knowledge of Banking and financial services industry.

Responsibilities

• Should be skilled in Financial Planning and Analysis (FP&A) – Management reporting, Budgeting and forecasting, Segment profitability, Fund transfer pricing
• Consulting / FDD experience for Banking in Big4 and equally reputed firm is a must
• Candidates who have worked in Consumer Banking division of Indian Banks are encouraged to apply
• Financial Due Diligence expertise is must for the role
• Preparation of forecast basis Banks strategy, actual achievement, business input, historical trend, etc.
• Monthly meeting with Business heads to review their financial performance while comparing budget vs actual performance and resolving their queries
• Monitoring segment performance and effective engagement with business team to provide insights on key financial parameters
• Preparation of model to compute MCLR repricing impact on interest income
• Analyzing trend of various business and carrying out peer group comparison for benchmarking performance
• Reporting weekly achievement of subsidiaries performance to Top management