Business Analyst-Bangalore (Immediate Joiner preferred)

Business Analyst P&L & Cost Analytics

Role Overview

We are looking for a highly analytical Business Analyst with around 1 year of experience to support Profit & Loss (P&L) management, cost analysis, financial performance tracking, and business planning.

The role will involve analyzing financial and operational data, understanding key P&L drivers, performing variance analysis, identifying cost optimization opportunities, and providing actionable insights to business and finance stakeholders.

Key Responsibilities

• Analyze monthly P&L performance across revenue, operating costs, manpower costs, overheads, and profitability.
• Perform detailed actual vs. budget vs. forecast variance analysis and identify key drivers of financial performance.
• Prepare monthly and periodic P&L reports, management reports, MIS, and financial dashboards.
• Analyze revenue, cost, contribution margin, operating expenses, and profitability trends.
• Identify major cost drivers and opportunities for cost optimization and productivity improvement.
• Support manpower cost analysis and workforce planning, including headcount, utilization, productivity, and employee-cost analysis.
• Conduct budgeting and forecasting analysis and support business planning activities.
• Develop financial models and scenario analyses to evaluate the impact of business decisions on profitability.
• Track and analyze key financial and operational KPIs and highlight deviations from targets.
• Partner with Finance, Operations, HR, and Business teams to understand financial performance and underlying business drivers.
• Convert complex financial and operational data into clear business insights and recommendations.
• Build and maintain Power BI/Tableau dashboards for P&L, cost, manpower, and operational performance.
• Automate recurring reports and improve the efficiency and accuracy of financial reporting.
• Support management with ad-hoc analysis, business cases, cost-benefit analysis, and profitability studies.

Key Areas of Ownership

• Profit & Loss (P&L) Analysis
• Cost & Expense Analysis
• Actual vs. Budget Analysis
• Actual vs. Forecast Analysis
• Variance Analysis
• Revenue & Profitability Analysis
• Manpower Cost & Workforce Analytics
• Cost Optimization
• Budgeting & Forecasting
• Financial Modeling
• KPI & Performance Reporting
• Data Visualization & Dashboards

Required Skills

• Around 2+ year of experience in Business Analysis, Financial Analysis, FP&A, Management Reporting, or Data Analytics.
• Strong understanding of P&L statements and financial performance metrics.
• Good understanding of revenue, operating expenses, gross/contribution margin, EBITDA/profitability, and cost drivers.
• Strong experience in Excel, including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, financial models, and data analysis.
• Experience with Power BI/Tableau for dashboarding and data visualization.
• Working knowledge of SQL for data extraction and analysis.
• Strong analytical and problem-solving capabilities.
• Ability to identify financial trends, anomalies, and key business drivers.
• Strong communication skills with the ability to present financial insights to stakeholders.
• Bachelor's degree in Engineering, Finance, Economics, Statistics, Business, or a related field.
• NIT/IIT or other reputed engineering/business institution preferred.

Preferred Experience

• Exposure to FP&A, management reporting, or business finance.
• Experience in cost reduction or cost optimization initiatives.
• Exposure to manpower planning and workforce cost analysis.
• Experience with budgeting, forecasting, and financial planning.
• Knowledge of financial modeling and scenario analysis.
• Experience working with large datasets and building automated dashboards.
• Knowledge of Python/R is an added advantage.

Ideal Candidate Profile

An analytical professional who can go beyond reporting numbers and answer “Why did the P&L move?”, identify the underlying revenue and cost drivers, quantify the financial impact, and recommend actions to improve profitability and cost efficiency.