Manager (Analyst) – Finance (Financial Planning & Analysis and Management Reporting), Societe Generale Bank (Mumbai)

Permanent contract|Mumbai|Finance

Manager (Analyst) – Finance (Financial Planning & Analysis and Management Reporting), Societe Generale Bank (Mumbai)

Mumbai, India Permanent contract Finance


Job Summary: - To be responsible for Financial Planning and Analysis (FPA) and Management Reporting (MIS) within the Finance vertical.

Main Responsibilities: -
To ensure timely and accurate declaration of Management reporting on a regular basis including:

1.    Preparation of entity’s (Branch and Securities) detailed analysis of the Business Performance dashboard encompassing all the views (Local + Global) and providing commentaries
2.    Net Banking Income (NBI) & Costs as per Ownership are booked correctly in the Business Lines and analyzing significant variations.
3.    Coordinating with Global Solution Center (GSC) on the Departmental Cost Reports and ensuring correctness of the reports.
4.    Ensure Risk Weight Assets (RWA) for the entity is computed accurately for all views.
5.    Monitor customer profitability and provide value added analysis to management at granular level.
6.    Ensure Inter desk cost / income are booked accurately.
7.    Ensuring correctness of analytical structure.
8.    Headcount monitoring against budget and variance analysis.
9.    Supporting the preparation of the annual budget and business plan for the entity.
10.  Supporting annual capital planning exercise. 
11.   Identifying automation opportunities to reduce Leadtime for reporting.
12.   Address adhoc requests related to costs, Net Banking Income (NBI), Risk Weight Assets (RWA) and Profitability. 
13.   Coordinating with various audit teams viz. statutory auditors, internal auditors, RBI inspection teams for related matters.
14.   To be a key member of the finance department with involvement in intra department functions like Asset & Liability Management (ALM) / Corporate & Management Accounting (CMA).
15.   Support in various group reporting.

Profile required

Academic Background (degree and major): - CA/CFA/MBA (Finance)

Relevant Working Experience in number of years: - 4-6 years of relevant experience

Skills & Competencies required: - 
-    In depth understanding of Management Reporting / Budgeting Process, performance matrices for a commercial bank, Risk Weight Assets (RWA), Return on Equity (ROE), Risk-adjusted return on capital (RAROC), etc.
-    To deliver under pressure meeting stringent deadlines

Language Skills: - English

Computer Skill: - Excellent knowledge on Excel, PowerPoint is must. Access, Tableau, and SmartView knowhow is added advantage.

Business insight

Societe Generale is one of the leading financial services groups in Europe. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ plans. With a solid position in Europe and a presence in countries with strong potential, the Group’s 145,700 employees in 66 countries support 31 million individual clients, large corporates and institutional investors worldwide by offering a wide range of advisory services and tailored financial solutions.
Societe Generale was established in India in the year 1978. In 1985, Societe Generale Bank commenced operations as a Scheduled Commercial Bank in Mumbai. Since then it has a proud legacy of servicing corporates and clients. New branches were added in Delhi (1993).  Societe Generale not only offers an extensive product portfolio to different market segments, but customizes solutions in investment banking, global finance and global markets.

Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 230000G6
Entity: Societe Generale India
Starting date: 2023/03/01
Publication date: 2023/01/09