Business Finance Analyst
Company Name:-
IDFC FIRST Bank
Job Location:-
Mumbai, Maharashtra
Job Summary:-
Roles & Responsibilities:
Perform financial and MIS related activities in a timely manner
Manage day to day operations to ensure the processes are executed within agreed SLAs / SOP
Management reporting of wholesale funded products such as working capital, term loan, project finance and non funded products such as Trade / Letter of credit, Bank Guarantee
Consolidation of P & L and Balance sheet related MIS on a monthly, quarterly and annual basis & adhoc basis
Co-ordinating with internal staeholder for input requirement and also outside finance with business and support funtions to ensure apt reporting of deliverables
Perform month end closing activities such as revenue accounting, expense accounting, account reconciliation, etc.
Budgeting / Forecasting of corporate coverage business and analysing business performance on regular basis
Contribute to the preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified
Maintain accurate financial data and reports for submission to senior management
Strong analytical and inter personal skills
Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements
Ensure all operational documentation is maintained and is best in class
Ensure financial and accounting reports are prepared in accordance to bank/regulatory rules and regulations
Address financial issues and inquiries in a timely manner
Capture and share best- practice knowledge amongst the team
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global /local market trends and competitor strategies in key markets
Reasonable knowledge on accounting standards / In AS and key Banking regulations
Create an environment that promotes collaborative learning and collective ownership of responsibilities
Attract and retain best-in-class talent for key roles in their reporting structure
Ensure adherence to benchmarks/processes set up for finalizing commercials and other key parameters
Educational Qualifications:
Graduate Any
Post Graduate- Any
Professional Qualificati
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