So… why is it free?

Employers pay when they hire through Elip. You're not the product — you're the talent it finds. No contracts, no card. Not useful? One message wipes everything. No hidden Pro tier. No “contact sales.” This is the entire pricing page.

Analyst-Cost Management at IDFC FIRST Bank — Mumbai

Experience4+ yrs
SalaryNot disclosed
Work modeunknown
Levelmid
Posted17 Sept 2026

Apply for this job

About IDFC FIRST Bank

IDFC FIRST Bank is hiring in Mumbai in financial services. This role looks for around 4+ years of experience.

The role

A cost analyst role at a banking and financial services company, where you analyze cost trends and expense categories, track monthly expenses and cost drivers, and work with stakeholders to identify cost optimization opportunities. You’ll use data analysis and financial modeling, and apply strong analytical and problem-solving skills. Requires B.Com, MBA preferred, and CA or CFA, with 4 years of relevant experience. Location is Mumbai, Maharashtra, India, with work mode not specified.

Full job description

Job Requirements

About the Role

We are seeking a detail-oriented and analytical Cost Analyst to join the Cost Management Team within the Finance function at IDFC FIRST Bank . This role is pivotal in driving cost optimization initiatives across the organization. The incumbent will be responsible for collecting and analyzing cost-related data, identifying trends, and partnering with various teams to implement efficiency measures. The ultimate goal is to support the bank’s efforts in improving process efficiencies and reducing the cost-to-income ratio.

Key Responsibilities

Primary Responsibilities

Analyze trends in cost data across various categories such as nature of expense, business unit, and vendor level.Conduct in-depth analysis of expense categories to identify cost optimization opportunities.Collaborate with business and support teams to review end-to-end processes and recommend efficiency improvements.Track and report monthly expenses and cost drivers to support strategic decision-making.

Secondary Responsibilities

Engage with stakeholders to ensure comprehensive data collection and validation.Support the implementation of cost-saving initiatives by providing actionable insights.Assist in preparing reports and presentations for senior management on cost performance and optimization strategies.

What We Are Looking For

Education

Graduation: B.ComPost-graduation: MBA preferredProfessional Qualification/Certification: CA or CFA

Experience

4 years of relevant experience in cost analysis, financial planning, or related roles.

Skills and Attributes

Strong analytical and problem-solving skills.Proficiency in data analysis and financial modeling.Excellent communication and stakeholder management abilities.Ability to work collaboratively across functions.High attention to detail and a proactive approach to identifying cost-saving opportunities.