Financial Analyst

2 months ago


Bangalore Urban, India Ujjivan Small Finance Bank Full time

POSITION DESCRIPTION





JOB TITLE

Financial Analyst



DEPARTMENT

F & A

LOCATION

HO

SUB-DEPARTMENT


TYPE OF POSITION

Full-time


REPORTS TO

National Manager – Financial Planning

REPORTING INTO

NA

ROLE PURPOSE & OBJECTIVE


Responsible to prepare the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.


SIZE OF THE ROLE


FINANCIAL SIZE

NON-FINANCIAL SIZE

CAPEX / OPEX Budgets resting with the roleTotal Buying / ProcurementTotal RevenuePortfolio Managed

  • Number of vendors / consultants
  • Number of portfolio products
  • Volume of products and services
  • Quantity of equipment / stocks / projects / etc.
  • Credit files received / underwritten
  • Volume of new hires onboarded
  • Volume of recruitment etc.



KEY DUTIES & RESPONSIBILITIES OF THE ROLE



Business/ Financials

Industry Analysis and Competitor Study: Conducting a competitor study and industry analysis in partnership with sales and marketing team to gather relevant information for business strategy and plan formulation. Tracking the competitor closely and proposing key take away for Ujjivan.Business Planning and Budgeting: Preparing the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.Tracking of Business & Revenues: Publishing and analyzing relevant dashboards highlighting the performance of the business against the target/budget. Analyzing the performance of the different business units and highlighting the performers and non-performers. Assist business leaders in developing an action plan for the non-performers. Track revenues.Customer

Attend and assist to any related queries for customers Must have fair understanding of Taxation laws & should assist in interpretation of law to drive projects that has an impact on the Bank / it’s businessesMust be able to guide Operations, IT, Business teams for any needful actions to be undertaken pursuant to any new requirements / changes in existing requirements per laws

Internal Process

Process Improvement: Understanding the current processes followed by the bank and suggest improvement to develop efficiency. Also developing and reviewing new business processes as per the strategic goals of Ujjivan.Cost Management and Cost Control: Tracking the costs of various verticals against budget and performing the variance analysis. Also suggesting alternatives to optimize the costs incurred to improve profitability.

Learning & Innovation

To keep oneself up to date on relevant lawsTo complete all online learning modules on timeTo complete the self-assessment on time




MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS



Educational

Qualifications

MBA(Finance)/ CA/ CFA



Experience

Minimum 1 year experience in financial analysis or planning & budgeting in a Bank/Financial Institution/ advisory firm



Certifications

NA



Functional Skills

  • Strong accounting & tax background
  • Fair Understanding of Taxation laws (Income Tax & GST)
  • Expert in handling voluminous data & hands on experience with MS Office



Behavioral Skills

  • Adequate analytical skills
  • Keen learning ability
  • Strong verbal and written communication
  • Time Management skills
  • Crisis Management skills
  • Strong negotiation skills



Competencies Required

  • Planning & Organizing
  • Driving Execution
  • Collaboration





KEY INTERACTIONS


INTERNAL

EXTERNAL

  • Business / Product team
  • Operations team
  • IT team
  • Finance & Accounts team
  • Audit team
  • Risk team
  • Income Tax Department
  • GST Department
  • Customers
  • Vendors


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