Financial Planning And Analysis Analyst

Job description

**Role**: FP&A Analyst **Skill**: Finance and Accounting, FP&A **Experience**: 8 years to 12 years **Job Location**: Bangalore **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