Finance & Accounts:FP&A Retail Liabilities

About Retail Liabilities FP&A team

The Retail Liabilities FP&A team acts as an intermediary between the business teams of Retail Liabilities, Wealth Management and Branch distribution and the Core Finance & Accounts team. The core responsibility of this team is to understand the Retail Liabilities and Wealth Management business, their requirements and assist them in strategic planning. The team is expected have a continuous interaction with senior management in the business teams as well as Finance & Accounts team and design solutions that are acceptable to both sides. The team is also responsible for detailed management financial reports including Balance sheet dashboards, P&L dashboards, Branch dashboards and other internal MIS . We are responsible for Budgeting, Forecast, Driver based analytics , publication of reports any other ad hoc analysis and deep dives as necessary

The Retail Liabilities FP&A team folds under the overall FP&A team of the bank which is lead by the FP&A head.

About the Role and Key responsibilities:

Primary responsibilities would be to ensure timely submission of reports to top management. The Role involves interacting with multiple business stakeholders, internal finance teams etc.

The incumbent would also work with teams within finance as well as other teams in the bank on MIS reports, reconciliation and analysis and help in driver analysis and driver-based forecasting.

The incumbent would help the Retail Liabilities FP&A lead on
1.Strategic planning (long-range and short-range plans)
2.Annual budgets, mid-term course correction planning, monthly/quarterly forecasting,
3.Monthly MIS (performance analysis), revenue analysis (Net Interest Income and Fees), cost analysis (its monitoring, cost saving strategies and setting appropriate allocation drivers),
4.Automation projects (budget automation, MIS automation, reporting dashboards etc.)
5.Benchmark against peer performance for business improvement and strategic decisions
6.Evaluating new business proposals/projects

A BAU functioning would involve

Key Responsibilities
1. Work with Business teams for weekly, monthly & quarterly forecast to highlight major variance vs Plan with underlying drivers
2. Detailed analysis of direct cost
3. Prepare and distribute Monthly MIS's as to support business team
4. Detailed Branch reports preparation and distribution
5. Work data management and reconciliation processes to ensure data completeness and accuracy.
6. Ensuring the monthly processes are executed in timely and efficient manner.
7. Manage the internal customer relationship through effective communication.
8. Preparing presentation and MIS, etc. and experience in MS excel, SQL, Tableau.
9. Ensure that proper checks and balances are applied in all activities.
10. Improvement in current process and streamline processes.

Role Proficiencies:
For successful execution of the job, the candidate should possess the following:
. Basic understanding of Banking Company Businesses.
. Communication & Interpersonal skills (both verbal and written)
. Ability to handle pressure and meet deadlines
. Knowledge and experience in excel and PowerPoint presentations

Qualifications
1. CA / CFA / MBA (Finance) from a recognized institute