Ujjivan Small Finance Bank

23 hours ago


Bengaluru, India Ujjivan Small Finance Bank Limited Full time

PURPOSE & OBJECTIVE- Responsible to prepare the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.KEY DUTIES & RESPONSIBILITIES OF THE ROLEBusiness/ 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 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 / its businesses- Must 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 lawsInternal 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 laws- To complete all online learning modules on time- To complete the self-assessment on timeMINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLSEducational Qualifications- MBA(Finance)/ CA/ Minimum 1 year experience in financial analysis or planning & budgeting in a Bank/Financial Institution/ advisory firmFunctional Skills- Strong accounting & tax background- Fair Understanding of Taxation laws (Income Tax & GST)- Expert in handling voluminous data & hands on experience with MS OfficeCompetencies Required- Planning & Organizing- Driving Execution- Collaboration (ref:iimjobs.com)



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