Finance & Accounts:Budgeting & Planning Team

4 weeks ago


Mumbai India Axis Bank Full time

Job Description

RETAIL ASSETS FP&A TEAM

INTERNAL USAGE:

No. of Vacancies:

1

Reports to:

SVP-I Finance

Is a Team leader

Team Size:

Grade:

AVP Finance (5-8 years of relevant experience)

Business:

Corporate Center

Department:

Finance & Accounts

Sub-Department:

Retail Assets FP&A Team

Location:

CO - Mumbai

About Retail Assets Finance Team

The Retail Assets finance team would act as an intermediary between the Retail Assets business team and the Core Finance & Accounts team. The core responsibility of this team is to understand the Retail Lending business, their requirements and assist them in strategic planning. The team is expected have a continuous interaction with senior management in the business teams as well as Finance & Accounts team and design solutions that are acceptable to both sides.

AbouttheRole and Key responsibilities

The role would be responsible for:

1.Strategic planning (long range and short range plans)

2.Annual budgets, mid-term course correction planning, quarterly forecasting,

3.Monthly MIS (performance analysis), revenue analysis (Net Interest Income and Fees), cost analysis (its monitoring, cost saving strategies and setting appropriate allocation drivers),

4.Benchmark against peer performance for business improvement and strategic decisions

5.Evaluating new business proposals/projects

6.Assisting during inspections and audits

7.Monitoring liquidity, capital and Priority Sector Lending and other compliance related areas

Functional competencies

Competency

Beginner

Intermediate

Advance

Expert

Accounting Knowledge

IGAAP | INDAS

YES

Data Analysis & Budgeting

YES

Business accounting

YES

Finance related Business knowledge

YES

Taxation

YES

Systems Management

YES

Regulatory and prudential norms

YES

Qualifications

Optimal qualification for success on the job is:

.CA / CFA / MBA (Finance) from a recognized institute

.Strong communication and presentation skills

.Relevant experience in BFSI space would be welcome


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