Budget Analyst

Axis Bank is seeking a passionate and detail-oriented Budget Analyst to join our dynamic Finance team. In this role, you will play a crucial role in supporting the bank's financial health by analyzing, preparing, and monitoring budgets. You will work closely with various departments to develop accurate forecasts, track financial performance, and identify potential areas for cost optimization.

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Responsibilities:

• Assist in the preparation of comprehensive annual budgets for assigned departments.
• Collaborate with department heads to ensure budgets accurately reflect departmental needs and align with the bank's overall strategic objectives.
• Monitor and analyze budget variances throughout the year, identifying and reporting any deviations from the plan.
• Conduct research and prepare insightful reports on industry trends, economic factors, and their potential impact on the bank's budget.
• Support the development and implementation of cost-saving initiatives to improve the bank's financial efficiency.

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Skills:

• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficient in Microsoft Excel and other financial modeling tools.
• Effective communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.

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