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3 weeks ago


Mumbai India Axis Bank Full time

Job Description RETAIL ASSETS FP&A TEAM INTERNAL USAGE: No. of Vacancies: 1 Reports to: AVP - Finance Is a Team leader No Team Size: NA Grade: Manager (Fresher / 1-2 years of relevant experience) Business: Corporate Center Department: Finance & Accounts Sub-Department: Retail Assets FP&A Team Location: CO - Mumbai About Retail Assets FP&A 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, monthly/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.Automation projects (budget automation, MIS automation, reporting dashboards etc.) 5.Benchmark against peer performance for business improvement and strategic decisions 6.Evaluating new business proposals/projects 7.Assisting with RBI inspections and Internal Audits 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, presentation and analytical skills .Relevant experience in BFSI space



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