Financial Planning Analyst

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