Senior Business Finance Analyst

Idfc First Bank Limited; Mumbai; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

IDFC FIRST Bank Limited is seeking a Senior Business Finance Analyst to join its Corporate Function in Mumbai. You will deliver financial insights and drive performance across Retail Banking Products, reporting to the Head of Business Finance.

The role covers budgeting, forecasting, monthly financials, MIS, dashboards, and automation initiatives. Requires CA/MBA with at least 7 years in banking or financial services.

Qualifications

• Minimum 7 years of relevant experience in a similar role.
• Preferably from the banking or financial services industry.
• Exposure to consumer banking verticals is highly desirable.

Responsibilities

• Manage business finance activities for Retail Banking Products.
• Prepare monthly product financials, MIS reports, and dashboards.
• Conduct detailed revenue and cost analysis, highlighting variances against budgets and forecasts.
• Assist in budgeting and forecasting processes and submissions.
• Track key business variables and present trends and risks to senior management.
• Maintain accurate financial data and reports for internal stakeholders.
• Address financial issues and inquiries promptly and effectively.
• Support automation initiatives for manual processes to improve efficiency.
• Maintain MIS parameters as per defined guidelines and identify process improvement opportunities.
• Collaborate with internal stakeholders to leverage synergies and share best practices.
• Stay updated on global market trends and competitor strategies.
• Promote a culture of collaborative learning and shared ownership within the team.

Skills

MS Excel

MS PowerPoint

MS Access

Education

B.Com

Chartered Accountant (CA)

MBA in Finance

Job description

Job Requirements

Role – Senior Business Finance Analyst

Function/Department – Finance

Location - BKC

Job Purpose:

IDFC FIRST Bank is seeking a highly skilled and experienced

IDFC FIRST Bank is seeking a highly skilled and experienced Senior Business Finance Analyst to join its Corporate Function team within the Finance department, based in Mumbai, Maharashtra. This role is pivotal in delivering financial insights and analysis to support strategic decision-making across the Retail Banking Products vertical. The selected candidate will report directly to the Head of Business Finance and play a key role in driving financial performance and operational efficiency.

Primary Responsibilities:

• Manage business finance activities for Retail Banking Products.
• Prepare monthly product financials, MIS reports, and dashboards.
• Conduct detailed revenue and cost analysis, highlighting variances against budgets and forecasts.
• Assist in budgeting and forecasting processes and submissions.
• Track key business variables and present trends and risks to senior management.
• Maintain accurate financial data and reports for internal stakeholders.
• Address financial issues and inquiries promptly and effectively.

Secondary Responsibilities :

• Support automation initiatives for manual processes to improve efficiency.
• Maintain MIS parameters as per defined guidelines and identify process improvement opportunities.
• Collaborate with internal stakeholders to leverage synergies and share best practices.
• Stay updated on global market trends and competitor strategies.
• Promote a culture of collaborative learning and shared ownership within the team.

Skills and Attributes

• Strong analytical skills with proficiency in MS Excel, MS PowerPoint, and MS Access.
• Excellent understanding of financial reporting and analysis.
• Good knowledge of the banking industry and its operational dynamics.
• Ability to work collaboratively in a team environment.
• Strong communication and presentation skills.
• Experience with financial automation tools and technologies is an added advantage.

Qualifications B.Com/Chartered Accountant (CA) Or MBA In Finance

• Experience: Minimum 7 years of relevant experience in a similar role.
• Preferably from the banking or financial services industry.
• Exposure to consumer banking verticals is highly desirable.

Industry : Finance