Senior Business Finance Analyst

IDFC FIRST BankMumbai, MaharashtraOn-siteFull-timeSenior, 5–8 yearsListed 54 minutes ago

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About this role

Job Requirements

Role – Senior Business Finance Analyst

Function/Department – Finance

Location - BKC

Job Purpose:

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