HDFC Bank - Analyst - Cost Management - Finance

Location: Mumbai

Job Responsibilities:

Monthly /Quarterly Review of Expenses:

- Horizontally/vertically i.e. Expense wise / cost centre wise review

- Designing Reporting Architecture

- Quarter End Financial Closing

- Consolidation and validation of Provision

- Expense Variance analysis -QoQ/ YoY

- Managing Audit

Budgetary control:

- Consolidation and validation of Budget

- Control on budgeted staffing

- Budgetary control through Variance analysis

Forecast:

- Consolidation of Forecast

- Forecast Strategies

- Cost Driver Framework

- Identifying the cost drivers

- Creating the framework linking the drivers with the cost incurred.

Cost Reduction:

- Discovering the opportunities to reduce cost through analytics/benchmarking/Market Practice etc
Staff Productivity

- Analysing staff productivity through use of models

Staffing Approvals:

- Approving additional staff/ ensuring staff release on the basis of productivity models/understanding of process.

Project Evaluation:

- Evaluating the viability of the automations / efficiency improvement projects through ROI and other parameters.

- Evaluating staff release and ensuring the same post go live

Educational Qualifications:

Key Skills:

- CA/MBA

- Analytical Skills

- Proficiency in MS Excel

- Flair with Numbers

- Communication

- Basic Banking Knowledge

- Knowledge of Process

Experience Required:

- Minimum experience in years : 1 to 5 year

- Exposure to banking preferable