Team LeaderBusiness Finance

Job Description

• A.

• Planning & Forecasting System requirements--Gather inputs from Business Units Analyse the budget submissions Guide L0 on analysis, analyse identified exceptions, anomalies, under budgeting.

• Basic filtering for allowable items.

• Get basic reasons for exceptions.

• Prepare material to aid in challenging Business Units on exceptions.

• Challenge the Budget submissions--- Understand all the assumptions used in arriving at overall budget numbers .

• Check for sample branches with the validation of assumptions in arriving at branch level budget nos.

• Analyse and identify exceptions, anomalies, under budgeting etc and highlighting to Fincon seniors.

• Actionables from budget meeting Document the actionables from budget meetings with business counterparts/GH.

• Followup for the updates, understand the updates and delays on actionables to L2 B.

• Analysis/ Monitoring key strategies and business / financial metrics Basic definitions of metrics--- Making a list of proposed Kos, performance in prior years, expected performance etc.

• for Senior managemnet to aid in deciding KOs for next year.

• Measurement methodology--- Ensure measurement methodology in place in agreement with all stakeholders.

• Along with business /product teams to set up the MIS required for monitoring the Key objectives in discussion with BIU .

• Analysis---Guiding the team on key focus areas, sample checks of data, granular level analysis.

• Raising red flags for items not working to be discussed with business counterparts /fincon seniors .

• Red flag/ Executive Summary---Guide L0 on Red flag preparation Prepare Executive summary and take business comments Highlight the disconnects to L2 exceptions observed during analysis Validate work done by L Expand on reasons obtained by L0, and guide on further course of action.

• Identify further data and analysis to be obtained, that will help in challenging Business Units on reasons given.

• Track achievements vis a vis projections periodically and highlight any gaps to the next level.

• Actionables from Review meetings--- Monitor the actionables arising out of the review meetings and ensure logical closure Demonstrate the Financial benefits - Revenue generation or cost saving from these key objectives C.

• PLPs & Headcount approvals Validation of PLP /manpower approval structure----Validate the correctness of data, simulations, Cost to Income, PLP to driver ratios.

• Identifying gaps and highlighting to L2 Ensuring the PLP structure is as per banks policy and in same lines for similar profiles amongst channels Ensure all key objectives are part of PLP structure.

• If not raise it with business team and HR.

• PLP AnalysisValidation of analysis done by L0 Highlighting items not in trend to L2 with reasons thereof D.

• Plan revisions/ adjustment requests Evaluation revision and adjusment requests ----Guide the team on logics.

• Validate the analysis done by L0 Evaluate proposal and share the summary of revisions with recommendations to next level Present the overall impact on the original plans due to the revision Highlight the disagreements (if any) to seniors for closure E.

• Senior management visit actionable tracking/ monitoring / reviewing Identify the action points ---- Guide the team on actionables tracking.

• Update on action points--- Ensure complete logical closure of action points by co ordinaton with Regional teams /business and other stake holders Documentation--- Get relevant updates by presenting the crisp summary of region wise actionables and giving bulls eye view to seniors on the progress F.

• Projects/Automations Reporting and monitoring--- Get relevant updates by presenting the crisp summary of region wise actionables and giving bulls eye view to seniors on the progress G.

• FPN FPN recommendation --- Validate the benefits of FPNs received and share recommendations H.

• Quarterly Board notes and Investor call data/RBI submissions Reporting for RBI/Investor presentations/External reportingsValidation of data prepared by L0 I.

• Adhoc Any adhoc requirement at any level as may be required by senior management.

• Analytical skills
• Planning and Organizing Skills
• Communication
• Knowledge of Competition & Current trends in financial Industry

Keyskills :
salescustomer relations slaquality coachingsenior management financial metricsrevenue generation