Financial Analyst

Job description

Job Description 1. POSITIONDESCRIPTION JOBTITLE FinancialAnalyst GRADE M DEPARTMENT HumanResources LOCATION RO SUB-DEPARTMENT Control TYPEOF POSITION Full-time REPORTSTO RECHead ROLEPURPOSE OBJECTIVE • RegionalBudgeting Forecasting • BusinessBudgeting • ExpenseBudgeting • Trackingof Performance against budget in each product line and businessline • Overallbusiness analysis: • Sales • ProfitLine • Growthline • PerformanceAnalysis • EfficiencyParameter- Form Flow, TAT, Productivity • Evaluatingeach Bank Outlet Performance • RegularReviews with HO post regional review • FinancialReview • ProfitabilityAnalysis • EachProduct Line Analysis • EachBusiness Line Analysis • RegionAnalysis • Monitoringof Audit Score and its resolution in the region • CustomerSatisfaction Score and ways to improve the customer satisfactionquotient • NewInitiative implementation and monitoring • PublishingMonthly performance report to the Leadership team • FacilitatingRegulators and Investors Visits/Industry Partners • Supportin study • Assessmentor Evaluation • RRfor the region • Branchscore card and its performance • Costexpenditure analysis • Departmentwise productivity analysis and keeping regional stats updated • Productimprovement: Connect with each Product and aware theirimprovement plan. Remedial plan of action for laggard products. SIZEOF THE ROLE FINANCIALSIZE NON-FINANCIALSIZE • NA KEYDUTIES RESPONSIBILITIES OF THE ROLE Business/Financials • IndustryAnalysis and Competitor Study: Conducting a competitor study andindustry analysis in partnership with sales and marketing team.Tracking the competitor closely and proposing key take away forUjjivan. • BusinessPlanning and Budgeting: Preparing the long-term business plans,business strategy, yearly business budget forecasts incollaboration with the Business teams. • Trackingof Business Revenues: Publishing and analyzing relevantdashboards highlighting the performance of the business againstthe target/budget. Analyzing the performance of the differentbusiness units and highlighting the performers andnon-performers. Assist business leaders in developing an actionplan for the non-performers. Track revenues. • BranchProfitability: Publish to regional leadership team the analysison profitable/non-profitable verticals, branches etc. Customer(Both Internal External) • Incoordination with SQ, analyze on the top customer complaints come up with POA for concerned dept/ cluster/ state • GuideOperations, IT, Business teams for any needful actions to beundertaken pursuant to any new requirements / changes in existingrequirements per law • Analyzeon customer satisfaction: Publish dashboard on key customerservice indicators like TAT, FTNR, Error rate etc. • InternalProcess • Exitclearance : Exit clearance of the exited employees through HRsathi InternalProcess • ProcessImprovement: Understanding the current processes followed by thebank and suggest improvement to develop efficiency. Alsodeveloping and reviewing new business processes as per thestrategic goals of Ujjivan. • CostManagement and Cost Control: Tracking the costs of variousverticals against budget and performing the variance analysis.