AddressPosition Overview:
The Financial Planning and Analysis Lead will play a pivotal role in the finance department, responsible for overseeing all aspects of Financial Planning, analysis, and budgeting. This role requires a seasoned professional with a strong analytical mindset, strategic thinking, and the ability to collaborate across various business units. The FP&A Lead will focus on capital budgeting, P&L analysis at standalone, product, region, and category levels, ensuring financial insights contribute to informed decision-making at all organizational levels.
Key Responsibilities:
Financial Planning and Budgeting:
- Develop and manage the annual Financial Planning process, collaborating with department heads to establish budgetary goals aligned with overall business objectives.
- Monitor and analyze budget variances, providing actionable insights to optimize resource allocation and enhance operational efficiency.
Capital Budgeting:
- Lead the capital budgeting process, evaluating investment proposals, and providing financial justifications for capital expenditures.
- Collaborate with cross-functional teams to assess the financial viability and impact of strategic initiatives and projects.
Profit and Loss Analysis:
- Conduct comprehensive P&L analysis at various levels, including standalone, product, region, and category, to identify key drivers of financial performance.
- Develop financial models and scenarios to support strategic decision-making and assess the financial impact of business initiatives.
Financial Forecasting:
- Develop and maintain accurate financial forecasts, considering market trends, business dynamics, and external factors.
- Provide regular updates to senior management on financial performance against forecasts, highlighting potential risks and opportunities.
Business Partnering:
- Collaborate with cross-functional teams, including Marketing, Sales, Operations, and Product Development, to understand business drivers and facilitate data-driven decision-making.
- Act as a key finance business partner, providing financial insights to support the achievement of business objectives.
Reporting and Presentation:
- Prepare and present financial reports to senior leadership, board members, and stakeholders, conveying complex financial information in a clear and concise manner.
- Develop and maintain standardized financial reporting templates for different levels of the organization.
Qualifications:
- Chartered Accountant or MBA or relevant professional qualification preferred. 2-4 years of relevant experienced.
- Proven experience in Financial Planning and analysis, preferably in the EdTech industry.
- Strong proficiency in financial modeling, budgeting, and forecasting.
- Exceptional analytical and problem-solving skills with attention to detail.
- Excellent communication and presentation abilities.
- Ability to thrive in a dynamic and fast-paced environment.
Work Location & working days:
- NxtWave's office in Hyderabad
- 6 days working
