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13/08 Kishore Kannan
CEO at KayZen Group

Views:19981 Applications:400 Rec. Actions:Recruiter Actions:109

Financial Planning & Analysis/Segment Analytics Role - Bank - CA/IIM/FMS/ISB/MDI (7-15 yrs)

Chennai Job Code: 731877

FP&A / Segment Analytics

- We are currently assisting a Premier Bank for build out of a critical team within their Finance Operations focused on FP&A and Segment Analytics.

- The roles (across levels) are critical to the Bank's Decision Making machinery. This is a Global Role based out of Chennai and offers the incumbent(s) a great deal of visibility & opportunity within the global construct to showcase their capability.

Business Unit Summary :

- Organizational Profitability owns the bank's vision for the long-term evolution of profitability reporting, both in terms of allocations (e.g. expenses, notional equity, FTP), as well as segment, product and customer reporting views. It also supports the bank's key investment decisions through data acquisition, analysis and recommendation, and works closely with the Business Lines and other Support Groups.

FP&A - Segmentation Analytics :

- Highly visible position within Organizational Profitability responsible for leading team charged with designing and implementing new segment reporting and analysis to key stakeholders within the bank.

- Position provides strategic insight by analyzing data to generate insightful predictive analysis that helps guide senior management's expectations regarding current and future financial performance to be used in the bank's Return On Notional Equity framework.

- Areas of focus to include the entire gamut of product offerings aimed at Institutional, Consumer & Wealth Management.

- Partner with the business and support groups to develop analytical framework to design and measure segment and channel profitability.

- Oversee development of analytical capabilities to evaluate and review the financial impact of a business unit's planned business actions on the bank.

- Responsible for segment reporting to internal consumers as well as board of directors. Ensure meaningful and relevant information while guaranteeing data integrity and accuracy

- Proactively communicate with management on potential reporting issues and propose solutions and alternatives

- Responsible for working with business lines to understand their Key Performance Indicators (KPI- s) and to incorporate those drivers into the profitability analysis of the Bank

- Must have excellent verbal and written communication skills and the ability to interact professionally with a diverse group, executives, managers, and subject matter experts

- Manage team of analysts with focus on data acquisition and analysis, in addition to writing requirements and helping to manage the development testing, operations and documentation of the Hyperion cube .Act as primary FP&A liaison to incorporate segment and product profitability design elements.

- Perform other duties as assigned.

Qualification, Skills & Experience :

- Bachelor's Degree in Finance or related field Required

- Masters/Advanced Degree in Finance or Accounting or related field Preferred

- Chartered Accountant, Chartered Management Accountant or MBA from a premier business school with at least 6-7 years of relevant experience

- Sound knowledge in segment reporting and cost allocation principles; Excellent people management skills

- Seven + years of experience in banking/financial services industry preferred

- Seven +years of financial analysis experience

- Thorough knowledge of financial and cost accounting, financial analysis and principles of economics

- Thorough knowledge of financial institution balance sheet and profit and loss analysis techniques

- Thorough understanding of regulatory issues such as capital issues and GAAP accounting issues as they relate to the banking industry

- Thorough understanding and application of principles, standards, industry practices, techniques and concepts, as well as contributing to the development of new concepts, techniques and standards

- Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results and analysis

- Demonstrated ability to develop solutions to highly complex and diverse analytical problems which requires an in-depth evaluation of variable factor

- Time Management and organizational leadership skills

- Ability to work effectively with diverse teams

- Skill coordinating and leading effective meetings

- Ability to problem solve and prioritize tasks in a fast paced environment

- Exceptional professional communication and presentation skills

- PC proficiency with MS Office. Knowledge of Hyperion & Essbase a plus

Should you have the relevant qualifications mandated above and are interested and feel free to give me a call on +91 85530 23272 / +91 98198 54069

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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