Finance Job Openings in Bangalore – A Look Back at 2013

2013 in Bangalore presented a promising landscape for finance professionals, fuelled by India’s burgeoning economy and the city’s established reputation as a technology and outsourcing hub. While specific numbers are difficult to definitively ascertain a decade later, we can paint a picture of the types of finance openings that were prevalent and the skills that were in demand.

Investment Banking & Financial Analysis: Bangalore’s growing ecosystem attracted significant investment, creating opportunities in investment banking. Roles included analysts involved in equity research, mergers and acquisitions, and private equity deals. Financial analysis roles were abundant, particularly within multinational corporations (MNCs) and Indian conglomerates. Companies were looking for professionals skilled in financial modeling, valuation, and strategic planning.

Accounting and Auditing: The Big Four accounting firms (Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers) maintained a strong presence in Bangalore, offering numerous entry-level and experienced positions in auditing, taxation, and risk advisory. The rise of shared service centers also contributed significantly to the demand for accountants, particularly those with experience in US GAAP and IFRS.

Corporate Finance & Treasury: With many companies choosing Bangalore as their headquarters or significant operational base, there was consistent demand for professionals in corporate finance. This included roles related to financial planning and analysis (FP&A), budgeting, forecasting, and working capital management. Treasury roles focused on managing cash flow, investments, and hedging risks were also commonly advertised.

Banking Sector: Both public and private sector banks were actively recruiting in Bangalore in 2013. Opportunities spanned various departments, including retail banking, corporate banking, and wealth management. Roles ranged from branch managers and loan officers to credit analysts and relationship managers.

Skills in Demand: Beyond core financial knowledge, several skills were highly sought after. Proficiency in accounting software like SAP and Oracle Financials was crucial. Strong analytical and problem-solving abilities were essential for most roles. Communication skills, both written and verbal, were also highly valued, as finance professionals were expected to interact with stakeholders across different departments and levels. Certifications like CFA (Chartered Financial Analyst) and CA (Chartered Accountant) were definitely a significant advantage.

Entry-Level Opportunities: Fresh graduates with degrees in finance, accounting, and economics had relatively good prospects in 2013. Many companies offered management trainee programs or entry-level analyst positions, providing opportunities to gain experience and develop their skills. These programs often involved rotations across different departments, allowing trainees to gain a comprehensive understanding of the finance function.

In conclusion, 2013 offered a diverse range of finance job openings in Bangalore across various sectors and specializations. The city’s strong economic growth, coupled with its thriving IT and outsourcing industry, created a fertile ground for finance professionals seeking career opportunities.