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Universal Times Magazine > Blog > Finance Jobs Update > IDFC FIRST Bank Recruiting for Senior Business Finance Analyst Position
Finance Jobs Update

IDFC FIRST Bank Recruiting for Senior Business Finance Analyst Position

Gaurav Verma
Last updated: 2021/07/13 at 1:45 PM
Gaurav Verma
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IDFC FIRST Bank Recruiting CA, Post-Graduate, Graduate Candidates for Finance Analyst Position.

Contents
About Company Job details Job description

About Company

In 2014, the Reserve Bank of India granted an in-principle approval to IDFC Limited to set up a new bank in the private sector. Following this, the IDFC Limited divested its infrastructure finance assets and liabilities to a new entity – IDFC Bank. The bank was launched through this demerger from IDFC Limited in November 2015.

Job details

• Company Name : IDFC FIRST Bank.

• Location : Mumbai
• Qualification : Post Graduate, Graduate, CA
• Experience : 5+ Years
• No of Vacancies : Not Disclosed
• Details of Salary : Not Disclosed

Job description

  1. Perform financial and accounting related activities in a timely manner
  2. Drive Budgeting and Financial Planning exercise
  3. Working with other teams at regular intervals to help them with preparation of Board/ Investor decks
  4. Assisting rating agencies with their requirements for periodical rating surveillance of the Bank
  5. Manage day to day operations to ensure the processes are executed within agreed SLAs
  6. Perform month end closing activities such as revenue accounting, expense accounting, account reconciliation, etc.
  7. Measure financial ratios such as solvency, profitability, growth, etc.to determine IDFC First’s financial position and propose enhancement recommendations.
  8. Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements
  9. Ensure all operational documentation is maintained and is best in class
  10. Ensure financial and accounting reports are prepared in accordance to bank/regulatory rules and regulations
  11. Maintain the MIS parameters as per set guidelines and identify process improvements to streamline date collection and report generation processes
  12. Maintain accurate financial data and reports for submission to senior management
  13. Maintain funds transfer pricing process to measure the performance of different business units of the bank
  14. Address financial issues and inquiries in a timely manner
  15. Participate in regular audits and recommend corrective financial action plans
  16. Analytical review of the Financials for decision making
  17. Capture and share best- practice knowledge amongst the team
  18. Leverage in-house synergies through collaboration with internal stakeholders
  19. Create an environment that promotes collaborative learning and collective ownership of responsibilities
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Gaurav Verma July 13, 2021 July 13, 2021
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