IndusInd Bank - Manager - Cost Management & Financial Analysis

Job Description: Manager - Cost Management and Financial Analysis

Main Job Tasks and Responsibilities:

- Prepare Cost build-up at branch and segment level for annual budget. Roll-out of the same for inclusion in financial dashboards/reports and Actively participate in preparation and roll out of annual budgets (revenue & cost) at a branch

- Monitor financial performance and provide MIS / Analysis detailing the key financials & business drivers e.g. Product profitability, Channel profitability etc

- Track the Consumer Banking expense lines and provide detailed variance analysis accompanied with qualitative commentary.

- Provide active support in preparation of various adhoc management reports e.g. Regional / Zonal One Pager review deck summarizing all relevant ratios / efficiency / performance segregating BAU and new branches.

- Comparative financial analysis along-with KPIs for verticals within Consumer Bank.

- Preparation and roll out of monthly financial deck and other reports for top management which includes financial performance snapshot of various products and segments on vectors like Balance Sheet, Revenue, Cost etc including KPIs.

- Assisting the Business Intelligence team in defining new information templates as per top management requirement and ensuring financial accuracy of BI reports

- Liaise and work closely with Finance team on a regular basis to bridge any unwanted gaps with respect to reporting and understanding.

- Liaise and work closely with TPP Operations team for monthly reconciliation and gap reporting for wealth products

Education and Experience :

- MBA/ PGDBM degree or equivalent professional qualification

- 5 - 7 years of Work Experience in Banking/ Financial sector

Key Competencies :

- Advanced Excel

- Problem analysis and problem-solving

- Team player

- Communication Skills