Join our agile team in Chennai, a vibrant city known for its rich cultural heritage and growing tech industry. As an FP&A; Analyst, you'll play a crucial role in driving financial planning and analysis to support strategic decision-making.
Drive end-to-end financial planning, budgeting, forecasting, and scenario analysis to support strategic decision-making across Balance Sheet, P&L;, and cost structures.
Key Responsibilities
- 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 and maintain allocation drivers
- Variance Analysis
- Actual vs Budget / Forecast analysis
- MoM and YoY movement analysis
- Cost center-level variance breakdowns
- Volume / rate / mix analysis
- Forecasting
- Prepare monthly rolling forecasts
- Update outlook based on performance, macro factors, and business inputs
- Maintain driver-based and scenario-integrated forecasting models
- 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
- 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
Soft Skills
- 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
Education Requirements
- Chartered Accountant
- Master’s degree in Accounting, Finance, Economics, or related field