Financial Analyst Job Description Template
Financial analysts prepare financial reports, build valuation models, conduct industry research, and support investment decisions for corporates and financial institutions. India's financial services sector is growing at 12-15% annually, with companies in IT services, BFSI, manufacturing, and advisory firms requiring skilled analysts for budgeting, forecasting, and M&A support. Use our financial analyst job description template to attract qualified Chartered Accountant (CA), CFA, and Master of Business Administration (MBA) Finance professionals. It covers key responsibilities, required skills, Indian education requirements, salary insights, and the selection process.
Job title:
Financial Analyst
Location:
Bengaluru, Karnataka (or Gurgaon / Mumbai)
Job type:
Full-time, Permanent
Reports to:
Finance Manager / Head of FP&A
Experience:
2-4 years
Employment type:
Permanent
About the role
We are looking for detail-oriented Financial Analysts to join our corporate finance team. You will support budgeting and forecasting, prepare monthly Management Information System (MIS) reports for leadership, analyse variance between actuals and budget, and contribute to strategic projects including cost optimisation, business case analysis, and investor reporting. This role suits candidates with strong Excel and financial modelling skills who can work in a fast-paced corporate environment.
About the company: - Established: 2005 - Employees: 12,000+ (including finance, engineering, sales, and operations) - Industry: IT Services (captive BFSI unit) - Certifications: ISO 27001, SOC 2 Type II, CMMI Level 5 - Presence: India (Bengaluru, Hyderabad, Pune, Chennai, Gurgaon), US, UK, Canada, Singapore - Known for: Top 15 Indian IT services company; strong banking and financial services vertical with marquee global clients
Financial analyst roles and responsibilities
Financial analysts provide decision-support through data-driven financial analysis: - Prepare monthly, quarterly, and annual Management Information System (MIS) reports for the Chief Financial Officer (CFO) and business heads with variance commentary - Build and maintain financial models for budgeting (Annual Operating Plan), rolling forecasts, and long-range planning - Analyse revenue trends by client, geography, service line, and business unit; highlight risks and opportunities - Calculate key financial metrics - EBITDA margin, PAT margin, gross margin, revenue per employee, and working capital days - Support the M&A team with financial due diligence, target company valuation (DCF, comparable company analysis), and integration planning - Prepare business case analysis for new initiatives - pricing scenarios, IRR/NPV calculations, and breakeven analysis - Track monthly cash flow statements, prepare cash forecasting, and assist in working capital management - Coordinate with external auditors during quarterly and annual statutory audits under Ind AS and Accounting Standards - Assist in SEBI compliance reporting (if the company is listed) - quarterly results, annual report, and board presentation preparation - Provide data support for investor relations - quarterly earnings call packs, investor presentation, and analyst query responses
Financial analyst qualifications and skills - 2-4 years of experience in financial analysis, FP&A, or corporate finance in a corporate or consulting firm - Advanced MS Excel skills - financial modelling, VLOOKUP, INDEX-MATCH, SUMIFS, pivot tables, scenario manager, goal seek - Experience with ERP systems (SAP FICO, Oracle EBS, Microsoft Dynamics 365, or Tally Prime) - Understanding of financial statements - P&L, balance sheet, cash flow, and notes to accounts under Ind AS - Proficiency in financial analysis - ratio analysis, trend analysis, variance analysis, and sensitivity analysis - Familiarity with budgeting and forecasting processes - zero-based budgeting, rolling forecast, driver-based planning - Knowledge of Indian tax fundamentals - Tax Deducted at Source (TDS), Goods and Services Tax (GST), corporate tax provisions, and transfer pricing documentation - Strong written communication skills for preparing board decks, investor reports, and presentation to CXO stakeholders - Ability to work with large datasets using Power BI or Tableau (visualisation tools are preferred) - MBA Finance or CA qualification; CFA progress is a strong plus
Education and Experience Requirements - Degree: CA (Chartered Accountant), CFA (minimum Level 2 cleared), MBA Finance, or Master of Commerce (MCom) from a recognised institution - Minimum 55% in graduation (for non-CA candidates); CA rank holders preferred - Total experience: 2-4 years in FP&A, corporate finance, investment banking, or audit (BFSI clients) - Industry experience: IT services, BFSI, consulting, or manufacturing preferred - Certifications: CFA (ongoing or completed), Certified Management Accountant (Cost and Management Accountant (CMA)), or FRM is a plus - Candidates from Big 4 audit firms (Deloitte, PwC, EY, KPMG) with 2+ years of client financial analysis are strongly preferred
Financial analyst average salary
In India, Financial Analysts earn 5-12 Lakhs Per Annum (LPA) Cost to Company (CTC) depending on qualification, sector, and city. CA freshers in corporate finance start at 7-9 LPA, while MBA Finance analysts with 3-4 years earn 8-14 LPA. IT services companies in Bengaluru offer 6-10 LPA for 2-4 year experienced analysts. Mumbai-based IB and BFSI roles pay 10-18 LPA.
Source: Naukri Salary Index 2025-26; Randstad India Finance & Accounting Salary Trends 2025.
Benefits - CTC includes: Basic + HRA + Special Allowance + Variable pay (upto 15% of CTC) - Statutory: Provident Fund (PF), Employees' State Insurance Corporation (ESIC) (if applicable), Gratuity - Additional: Group medical insurance (self + family), term life insurance, annual health check-up - Perks: Laptop, learning budget (up to 50,000/year for CFA/FRM sponsorships), cab shuttle, meal coupons - Growth path: Financial Analyst -> Senior Financial Analyst -> Finance Manager -> Head of FP&A -> Chief Financial Officer (CFO)
Other details - Probation period: 6 months - Notice period: 60 days (buyout option available) - Immediate joiners preferred: Yes (for urgent positions) - Bond / Service agreement: 2-year service bond for CA/MBA campus hires; 6-month retention clause for lateral hires - Working days: 5 days (Monday to Friday) - Work mode: Hybrid (3 days WFO, 2 days WFH per week) - Shifts: General shift (9:30 AM-6:30 PM); extended hours during month-end close and quarterly reporting - Relocation support: Relocation assistance provided for inter-city movers (up to 50,000)
Selection process
1. Resume screening: Shortlisted based on CA/CFA/MBA qualification and 2+ years of financial analysis experience
2. Excel assessment: 30-minute test covering financial model building, VLOOKUP, pivot tables, scenario analysis, and error-checking
3. Case study presentation: 45-minute case study - analyse a company's financials, build a 3-statement model, and present findings to the panel
4. Technical interview: 30-minute interview with Finance Manager covering Ind AS, ratio analysis, budgeting process, and Indian tax basics
5. HR interview: 15-minute fitment round covering compensation, notice period, and career goals
6. Background verification: Education verification, CA/CFA membership confirmation, employment history check, and address verification
7. Offer rollout
How to apply - Platform: Apply through company careers portal, Naukri, LinkedIn, or through campus placement cell for CA/MBA roles - Documents: Resume, CA/CFA degree certificates, mark sheets, experience letters, last 3 months salary slips, PAN card, Aadhaar - Timeline: Rolling applications; interviews scheduled within 1 week of shortlisting - Referral: Employee referrals encouraged; include referral ID in the application
Frequently asked questions
1. What does a Financial Analyst do in India?
A Financial Analyst prepares MIS reports, builds financial models for budgeting and forecasting, analyses revenue and cost trends, supports M&A through valuation and due diligence, and provides decision support to CXOs. They work in corporate finance teams of IT services companies, BFSI firms, manufacturing companies, or consulting firms.
2. What qualifications do I need to become a Financial Analyst in India?
CA, CFA (Level 2 minimum), or MBA Finance are the most valued qualifications. Master of Commerce (MCom) graduates with strong financial modelling skills are also considered. 2-4 years of experience in FP&A, audit, or corporate finance is required for lateral roles.
3. What is the average salary of a Financial Analyst in India?
Salaries range from 5 to 12 Lakhs Per Annum (LPA) depending on qualification and city. CA freshers start at 7-9 LPA. MBA Finance analysts with 3-4 years earn 8-14 LPA. Mumbai-based IB roles pay 10-18 LPA.
4. How can I hire the right Financial Analyst in India?
Use an Excel modelling test and a case study presentation during the selection process. Assess the candidate's ability to build a 3-statement model, compute key financial ratios, and present variance analysis to a panel. Prioritise candidates with Big 4 audit experience or CFA progress for faster onboarding.