Financial Planning and Analysis

Role: Financial Planning and Analysis

Skill: Finance and Accounting, FP&A

Experience: 8 years to 12 years

Job Location: Noida

Certifications-Preferable - Financial Risk Management (FRM©) certification,IFRS 9

Domain-Banking & Finance and Accounting

Education:

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

Chartered Accountant, Master's degree in accounting, Finance, Economics, or related field

Must Have Skills:

• Financial Modeling
• Budgeting & Forecasting
• Variance Analysis
• Strong Accounting Knowledge
• Data Analysis & Interpretation

Good to Have:

• Scenario planning / What-if analysis
• Long-range planning & capital allocation
• SQL / Data extraction skills

Power BI / Tableau / Dashboarding tools

• Advanced FP&A expertise (Banking preferred)
• Strong understanding of Balance Sheet & Capital metrics
• Financial modelling (driver-based, scenario modelling)
• Knowledge of stress testing frameworks (BoE scenarios preferred)
• Advanced Excel + planning tools (Anaplan, SAP BPC, Hyperion)

Tools / Systems

• Planning tools: Anaplan / BPC / Hyperion/FCSS/ Oracle Fusion
• Excel (advanced modelling)
• BI tools: Power BI / Tableau

Risks & Controls

• Risk: Model inaccuracies → Control: Model validation & reconciliation
• Risk: Data inconsistency → Control: Cross-functional alignment checks
• Risk: Regulatory non-compliance → Control: ICAAP/ILAAP validation reviews

Job Responsibility:

A. Planning & Budgeting

• Manage driver-based budgeting models

• Consolidate and validate P&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 & 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 & committee packs

E. Governance & Reporting

• Produce segment/customer profitability reports

• Draft variance commentary (templated/automated)

• Highlight key drivers and anomalies

• Prepare Board / ExCo packs

• Identify risks and opportunities in financial plans

• Validate data integrity and consistency across models