NxtWave - Financial Planning & Analysis Lead

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