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