Assistant Vice President II - Business Finance Analyst with BFSI Exposure

Department:

Roles & Responsibilities:

Strategic Financial Leadership

• Oversee financial planning, budgeting, and forecasting processes across the organization.
• Align financial strategies with organizational goals to ensure sustainable growth and profitability.
• Lead the development of long-term financial models and scenario analyses.

Business Performance Analysis

• Analyze financial and operational performance to identify trends, variances, and improvement opportunities.
• Develop key performance indicators (KPIs) and dashboards to monitor business health.
• Provide actionable recommendations to senior leadership based on financial insights.

Investment and Cost Optimization

• Evaluate investment opportunities and prepare detailed business cases.
• Identify and implement cost optimization strategies without compromising quality or output.
• Conduct financial feasibility studies for new initiatives, products, or markets.

Cross-Functional Collaboration

• Act as a strategic partner to business units, offering financial guidance to enhance decision-making.
• Collaborate with teams across sales, marketing, operations, and technology to align financial priorities.
• Facilitate discussions between departments to streamline budgeting and resource allocation.

Risk Management and Compliance

• Monitor financial risks and recommend mitigation strategies.
• Ensure compliance with financial regulations, corporate policies, and reporting standards (GAAP, IFRS).
• Maintain oversight of internal controls to safeguard financial integrity. Leadership and Team Development
• Lead and mentor a team of financial analysts, fostering a culture of continuous learning and excellence.
• Promote collaboration and innovation within the finance team.
• Drive initiatives to improve team efficiency and analytical capabilities.

Reporting and Communication

• Present financial results, forecasts, and recommendations to the board of directors and executive leadership.
• Simplify complex financial data for non-financial stakeholders to drive alignment and understanding.
• Prepare detailed reports and presentations for investors and external stakeholders.

Perform any other Duties/Responsibilities as may be assigned by the Bank from time to time including operational or administrative Roles based on Business Needs

Job Specific Skill

Technical Skills

• Financial Analysis and Modeling: Expertise in advanced financial modeling and sensitivity analysis.
• Budgeting and Forecasting: Strong understanding of financial planning and forecasting methodologies.
• Business Intelligence Tools: Proficiency in tools like Power BI, Tableau, and advanced Excel.
• ERP Systems: Experience with SAP, Oracle, or equivalent enterprise systems.
• Accounting Standards: Knowledge of GAAP, IFRS, and regulatory compliance.

Analytical and Problem-Solving Skills

• Data-Driven Decision-Making: Ability to interpret financial data and provide actionable insights.
• Scenario Planning: Expertise in conducting what-if analyses to prepare for contingencies.
• Cost-Benefit Analysis: Ability to evaluate financial trade-offs and recommend optimal solutions.

Leadership and Communication Skills

• Stakeholder Management: Ability to influence and collaborate with senior leadership and cross-functional teams.
• Team Leadership: Proven experience in leading, mentoring, and managing high-performing teams.
• Effective Communication: Strong ability to present financial concepts and insights to diverse audiences.

Strategic Thinking and Business Acumen

• Industry Knowledge: Understanding of industry-specific financial drivers and challenges.
• Strategic Alignment: Ability to align financial goals with broader business objectives.
• Innovation: Capacity to identify and implement innovative financial solutions

Education Qualification:

Mandatory:

Preferred:

Work Experience:

Minimum 8 years of work experience in Business Finance analysis, with significant exposure to Para Banking activities such as Mutual Funds, insurance, Cards and other financial products Relevant experience in BFSI will be preferred

No. of Vacancies: 2

The details shared here are for quick reference only. For more details, T&C, and to apply for the Job please refer to the career section of the Bank's website or click here:

https://www.bankofbaroda.in/career/current-opportunities/monitoring-office-and-bpr-special-projects-subsidiaries-24-07