Role:FP&A Analyst
Skill: Finance and Accounting,FP&A
Experience: 8 years to 12 years
Job Location: Chennai/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 An alysis & 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
