Senior Business Finance Analyst
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
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
Frequently Asked Questions
What are the eligibility criteria for the Senior Business Finance Analyst job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Senior Business Finance Analyst at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Business Finance Analyst at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Senior Business Finance Analyst role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.
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