Financial Planning & Budgeting Manager / Analyst

Objective (Purpose of the Job)

• Seeking a highly motivated Financial Planning & Budgeting Manager / Analyst with strong analytical skills and a passion for driving profitability insights. The ideal candidate will be responsible for conducting detailed profitability analysis at both the product and branch levels. This role also requires familiarity with Business Intelligence (BI)tools or similar data analysis software to enhance decision-making processes.

Profitability Analysis

• Conduct detailed profitability analysis at the product, branch, and business unit levels.
• Monitor financial performance, and key performance indicators (KPIs).
• Identify and assess opportunities for cost optimization, pricing strategies, and revenue enhancement.

Budgeting & Financial Planning

• Work on the Financial Model of the Company and help detail the budgeting exercise. Monthly variance analysis in budgeted vs actual numbers.
• Work closely with department heads to gather data and align financial goals with business strategies.
• Assist in the preparation of rolling forecasts, Dynamic ALM etc to predict future financial trends.

Cost Control & Efficiency

• Implement financial best practices within the company to ensure optimal use of resources.
• Monitor financial performance against budgets and identify opportunities for cost savings or revenue enhancement.
• Participate in financial decision-making processes by providing relevant data and insights.
• Provide guidance and support to business units to ensure budget alignment with company objectives.

Qualification

Educational

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Professional certifications such as MBA, CFA, CMA, or CA (Chartered Accountant) are preferred.

Experience

• 0-2 years of experience in financial planning, budgeting, and financial analysis, ideally within an NBFC or financial services environment.
• Proven experience in building financial models, budgeting processes, and reporting. Familiarity with NBFC regulations, lending products, and industry-specific challenges is a plus.

Skills & Competencies

• Strong proficiency in Excel (advanced formulas, pivot tables, and financial modelling).
• Knowledge of financial software and ERP systems (e.g., SAP, Oracle, or other financial planning tools).
• Excellent analytical skills with attention to detail.