Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. Ujjivan Financial Services holds an 80 percent stake in the bank.
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Vacancy Details:
Ujjivan Small Finance Bank Recruiting CA Candidates with 00-02+ Years Experience for Financial Analyst Position.Complete Details for the Financial Analyst follows.
Important Details :
- Location :Bangalore
- No of Vacancies: Not Disclosed by Recruiter
- Details of Salary: Not Disclosed by Recruiter
- Opening date for online Application: 20/05/2022
- Mode of application :Online
What you’ll do
1. JOB SUMMARY
- Support to the regional leadership team in the formulation of business strategy, business plan, budget and target setting by providing relevant data analysis & information
- Support the Head of strategy & planning and regional business heads to conduct review of the individual branches, cluster and the region wise performance
- Drive improvements to the existing business processes, develop and review new business processes as per the strategic goals of Ujjivan.
- Ensure detailed review of expenses and control expenses by reviewing variance analysis periodically
2. PRIMARY RESPONSIBILITIES
Business
- Prepare a draft business plan with annual targets by consolidation of product wise and region wise targets and provide it to Head of strategy & planning for discussion with leadership
- Review the progress against targets on a periodic basis and prepare reports on the target vs achievements.
- Prepare capital and revenue budgets in coordination with the respective departments and present to the Head of strategy & planning.
- Prepare and submit, branch & respective region review reports and other performance reports for evaluation and review to National Leadership Team coordinating with Corporate Financial Analysts.
- Continuously scan the market environment on performance of peer banks on Ujjivans focus regions and various customer segments; provide strategic information to the MD & CEO and National Leadership Team.
- Prepare the annual branch expansion plan based on the requirement for Region to present to National leadership Team for approval.
- Collect inputs from the Managing Director and the National Leadership Team on the branch expansion plan
- Review the number of branches to be opened as per the business plan and coordinate with regional teams for the opening of branches as against the targets set.
- Prepare necessary documents for the branch expansion plan and apply to the regulatory authorities for new branches.
- Work closely with IT team and BI implementation team for implementation/customizations required in the IT platforms which are required based on Regional requirements
- Provide data for other departments to help them with aligning their departments to the overall Ujjivan and regional strategy
- Work on rewards and incentives for distribution employees based on their business performance
- Analyze the business ratios and make recommendations to the regional teams, branches to help them with improving these ratios
- Conduct trainings to branches where the profitability is low, help branches with data and analysis to drive business better
- Work on special projects as assigned by Head of strategy & planning
