Senior Financial Planning and Analysis Analyst

WE ARE HIRING - Senior Financial Planning and Analysis Analyst - Noida - Banking Preferred

Job Code: 424502 | Location: Noida | Band: BPO 4-5 | Exp: 5-15 Years | Salary: Up to 17 LPA

Certifications - Preferable - Financial Risk Management - FRM certification, IFRS 9

Domain - Banking and Finance and Accounting

Education:

- Minimum 15 years of regular, full-time education - 10 + 2 + 3

- Chartered Accountant, Masters degree in accounting, Finance, Economics, or related field

Must Have Skills:

- Financial Modeling

- Budgeting and Forecasting

- Variance Analysis

- Strong Accounting Knowledge

- Data Analysis and Interpretation

Good to Have:

- Scenario planning - What-if analysis

- Long-range planning and capital allocation

- SQL and Data extraction skills

- Power BI and Tableau and Dashboarding tools

- Advanced FP and A expertise - Banking preferred

- Strong understanding of Balance Sheet and Capital metrics

- Financial modelling - driver-based, scenario modelling

- Knowledge of stress testing frameworks - BoE scenarios preferred

- Advanced Excel and planning tools - Anaplan, SAP BPC, Hyperion

Tools and Systems:

- Planning tools: Anaplan, BPC, Hyperion, FCSS, Oracle Fusion

- Excel - advanced modelling

- BI tools: Power BI, Tableau

Risks and Controls:

- Risk: Model inaccuracies Control: Model validation and reconciliation

- Risk: Data inconsistency Control: Cross-functional alignment checks

- Risk: Regulatory non-compliance Control: ICAAP and ILAAP validation reviews

Job Responsibility:

A. Planning and Budgeting:

- Manage driver-based budgeting models

- Consolidate and validate P and L, Balance Sheet, and key ratios

- Support business units in preparing planning submissions and review packs

- Execute cost allocation models, Maintain allocation drivers

B. Variance Analysis:

- Actual vs Budget - Forecast analysis

- MoM and YoY movement analysis

- Cost center-level variance breakdowns

- Volume - rate - mix analysis

C. Forecasting:

- Prepare monthly rolling forecasts

- Update outlook based on performance, macro factors, and business inputs

- Maintain driver-based and scenario-integrated forecasting models

D. Scenario Analysis and Stress Testing:

- Perform sensitivity and what-if analysis - e.g., NIM, impairments, costs

- Support regulatory exercises - ICAAP, ILAAP, stress scenarios

- Quantify capital and liquidity impacts

- Prepare governance and committee packs

E. Governance and Reporting:

- Produce segment and customer profitability reports

- Draft variance commentary - templated and automated

- Highlight key drivers and anomalies

- Prepare Board and ExCo packs

- Identify risks and opportunities in financial plans

- Validate data integrity and consistency across models