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Banking, Finance & Insurance

Hire a Financial Analyst in India — 2026

A Financial Analyst builds the budgets, forecasts and variance analysis the business is actually steered by — and has to explain to a business head why their number moved.

₹25,000–₹50,000
Fresher / month
₹50,000–₹1,80,000
2–5 yrs / month
10
Skills to screen
18+
Employers hiring

Employers already hiring Financial Analysts on MyInternships.in

Tata Motors logo — Tata Motors internships & jobs in India
Tata Motors
Life Insurance Corporation of India logo — Life Insurance Corporation of India internships & jobs in India
Life Insurance Corporation of India
JSW Steel logo — JSW Steel internships & jobs in India
JSW Steel
National Stock Exchange of India logo — National Stock Exchange of India internships & jobs in India
National Stock Exchange of India
Narayana Health logo — Narayana Health internships & jobs in India
Narayana Health
FourKites logo — FourKites internships & jobs in India
FourKites
Waaree Energies logo — Waaree Energies internships & jobs in India
Waaree Energies
Indian Overseas Bank logo — Indian Overseas Bank internships & jobs in India
Indian Overseas Bank
Kotak Mahindra Bank logo — Kotak Mahindra Bank internships & jobs in India
Kotak Mahindra Bank
HSBC India logo — HSBC India internships & jobs in India
HSBC India
Tata Capital logo — Tata Capital internships & jobs in India
Tata Capital
BSE logo — BSE internships & jobs in India
BSE
State Bank of India logo — State Bank of India internships & jobs in India
State Bank of India
HDFC Asset Management Company logo — HDFC Asset Management Company internships & jobs in India
HDFC Asset Management Company
Nomura logo — Nomura internships & jobs in India
Nomura
BNY logo — BNY internships & jobs in India
BNY
Intercontinental Exchange logo — Intercontinental Exchange internships & jobs in India
Intercontinental Exchange
HDFC Life logo — HDFC Life internships & jobs in India
HDFC Life

What a Financial Analyst actually does

  • Prepare monthly management reporting packs and dashboards
  • Analyse variances against budget and explain them to budget holders
  • Build and maintain financial models and forecasts
  • Support the annual budgeting and rolling forecast cycles
  • Evaluate business cases, pricing and investment decisions
  • Improve the accuracy and turnaround of recurring reporting
  • Partner with operating teams rather than only reporting on them

Skills to screen for

Must have

Advanced ExcelBudgeting & forecastingVariance analysisFinancial modellingAccounting fundamentalsBusiness partnering

Worth paying more for

Power BI or TableauERP reporting (SAP/Oracle)CA/CFA/CMASQL for data pulls

Qualifications employers ask for

  • B.Com/M.Com, BBA/MBA (Finance), CA/CMA/CFA at any level
  • Strong Excel is the practical entry bar

What it costs to hire a Financial Analyst

Fresher / entry level
₹25,000₹50,000
per month, gross
2–5 years experience
₹50,000₹1,80,000
per month, gross

Indicative Indian market ranges. Metro and specialist roles sit at the upper end.

What makes this hire hard

Test Excel practically — modelling ability varies enormously between candidates with identical CVs, and interview claims are worthless here. Then test explanation: an analyst who produces a correct variance report nobody understands has not finished the job.

Questions that separate a real candidate from a padded CV

  1. 1Build a simple three-statement link in Excel while we watch.
  2. 2Explain this variance to me as if I run operations and dislike finance.
  3. 3How do you handle a budget holder who disputes your numbers?
  4. 4What reporting did you automate, and how much time did it save?

A realistic Financial Analyst interview process

  1. 1.CV screening
  2. 2.Live Excel modelling test
  3. 3.Variance and business-partnering discussion
  4. 4.Finance head round
  5. 5.Reference check

Hiring a Financial Analyst — questions employers ask

Financial Analyst or Accountant?

An accountant records and reports what happened; an analyst explains why and models what happens next. Businesses often advertise for one and need the other.

Is CA necessary?

Not for FP&A. CA matters for statutory reporting, audit and controllership; analysis roles reward modelling and commercial judgement more.

How do we test modelling ability?

A live, timed Excel exercise. It is the single most predictive step and takes twenty minutes; CV claims about "advanced Excel" mean very little.

Related roles employers hire alongside this one

Hiring a Financial Analyst?

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