Financial Analyst in Mumbai
The Financial Analyst role within Mumbai's BFSI sector demonstrates a high-volume market demand, with 166 active verified openings currently tracked in our sample data. This demand is primarily driven by sustained macroeconomic stability and...
Avg. Market Salary
₹12.4L
Per Annum (Market Average)
Real-Time Job Market Report for Financial Analyst in Mumbai
The Financial Analyst role within Mumbai's BFSI sector demonstrates a high-volume market demand, with 166 active verified openings currently tracked in our sample data. This demand is primarily driven by sustained macroeconomic stability and projected growth within India's financial services industry, particularly in retail banking, investment management, and insurance. Local industry drivers include increased regulatory oversight necessitating enhanced financial reporting and compliance, coupled with significant digital transformation initiatives requiring robust financial modeling and performance analytics. The market trajectory for Financial Analysts in Mumbai is projected to exhibit stable growth through 2026, influenced by capital market expansion, foreign direct investment inflows into financial institutions, and the ongoing integration of advanced analytical tools for risk assessment and strategic planning. This sustained demand underscores the critical function of financial analysis in optimizing operational efficiency and ensuring fiscal prudence across BFSI entities.
Baseline Employer Expectations
Conducting variance analysis on financial performance against budget and forecast.
Developing and maintaining complex financial models for valuation and strategic planning.
Preparing detailed financial reports and presentations for executive management and stakeholders.
Assisting in the annual budgeting and quarterly forecasting processes.
Performing ad-hoc financial analysis to support business decisions and special projects.
Real-Time Skills in Demand
Job Seeker IntelOur engine analyzed 166 active listings in Mumbai to identify the most critical skills requested by hiring managers for Financial Analyst roles. Match your skills/resume →
Advanced Financial Modeling
Data Analysis and Interpretation
Microsoft Excel Proficiency (VBA, Power Query)
SAP FICO or other ERP Systems
Regulatory Compliance Knowledge (SEBI, RBI)
Risk Assessment and Management
Stakeholder Communication
Business Intelligence Tools (e.g., Tableau, Power BI)
Salary Distribution in Mumbai for Financial Analyst
Intelligence model based on 166 verified endpoints. As of Feb 24, 2026
Data derived from JOBDHA's proprietary aggregation of 1,200+ active job market endpoints (including Adzuna, Google, and OSCB). Actual compensation may vary by employer, experience, and technical expertise. Check your exact salary match →
Jobs for Financial Analyst in Mumbai
Verified Market Designations:
Consolidated feed of every verified opening in Mumbai. Our engine scans 500+ sources to provide real-time coverage for Financial Analyst.
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Jobdha Market Intelligence Insights
The current verified market average is ₹1,244,210 per annum. Typically, entry-level roles start around 60% of this baseline, while specialized experts can command 150%+ depending on enterprise size and specific technical stack requirements.
Yes. With 166 active verified openings currently tracked, our data indicates high market demand. This is fueled by the BFSI sector's expansion, increased regulatory scrutiny requiring robust compliance and reporting, and significant corporate initiatives in digital transformation and risk management across Mumbai's financial institutions.
Standard degrees with the highest frequency in 2026 job requirements include a Bachelor of Commerce (B.Com) or Bachelor of Business Administration (BBA) with a specialization in Finance, or a Master of Business Administration (MBA) with a Finance concentration. Globally recognized certifications frequently cited are the Chartered Financial Analyst (CFA) designation and the Financial Risk Manager (FRM) certification.
1. Engage with local industry networking events hosted by regulatory bodies like SEBI or RBI, and professional associations such as the Indian Institute of Banking & Finance. 2. Develop demonstrable expertise in advanced financial modeling and data visualization tools, identified as the highest-frequency sub-skills in current listings. 3. Optimize resumes for Applicant Tracking Systems (ATS) by incorporating keywords specific to Mumbai's BFSI sector, including regulatory terms, specific financial software (e.g., Tally, SAP), and analytical methodologies.
The verified market average is ₹1,244,210. Entry-level roles start around 60% of this baseline, while experts earn up to 150%. Check your precise market value with our AI Salary Jasus.
We are tracking 166 active verified openings. Demand is driven by local industry growth. See the Live Job Feed for current opportunities.
Recruiters currently demand skills like Advanced Financial Modeling, Data Analysis and Interpretation, Microsoft Excel Proficiency (VBA, Power Query). Find jobs that perfectly match your resume profile using our AI Job Scanner.
Start your application by viewing the Full Market Report with verified employer contacts and live openings.
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Career Roadmap
1
Junior Financial Analyst
2
Senior Financial Analyst
3
Financial Analyst Manager
4
Director/Head of Department