Ujjivan Small Finance Bank - Financial Analyst

Description:

ROLE PURPOSE & OBJECTIVE

- Responsible to prepare the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.

KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials

- Industry Analysis and Competitor Study: Conducting a competitor study and industry analysis in partnership with sales and marketing team to gather relevant information for business strategy and plan formulation.

- Tracking the competitor closely and proposing key take away for Ujjivan.

- Business Planning and Budgeting: Preparing the long term business plans, business strategy, yearly business budget & forecasts in collaboration with the Business teams.

- Tracking of Business & Revenues: Publishing and analyzing relevant dashboards highlighting the performance of the business against the target/budget.

- Analyzing the performance of the different business units and highlighting the performers and non-performers.

- Assist business leaders in developing an action plan for the non-performers.

- Track revenues.

Customer

- Attend and assist to any related queries for customers

- Must have fair understanding of Taxation laws & should assist in interpretation of law to drive projects that has an impact on the Bank / its businesses

- Must be able to guide Operations, IT, Business teams for any needful actions to be undertaken pursuant to any new requirements / changes in existing requirements per laws

Internal Process

- Process Improvement: Understanding the current processes followed by the bank and suggest improvement to develop efficiency.

- Also developing and reviewing new business processes as per the strategic goals of Ujjivan.

- Cost Management and Cost Control: Tracking the costs of various verticals against budget and performing the variance analysis.

- Also suggesting alternatives to optimize the costs incurred to improve profitability.

Learning & Innovation

- To keep oneself up to date on relevant laws

- To complete all online learning modules on time

- To complete the self-assessment on time

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational Qualifications

- MBA(Finance)/ CA/ CFA

Experience

- Minimum 1 year experience in financial analysis or planning & budgeting in a Bank/Financial Institution/ advisory firm

Functional Skills

- Strong accounting & tax background

- Fair Understanding of Taxation laws (Income Tax & GST)

- Expert in handling voluminous data & hands on experience with MS Office

Competencies Required

- Planning & Organizing

- Driving Execution

- Collaboration