Position 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
