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Job Description
Associate Director – Business Finance
Department: Finance | Location: Mumbai | Experience: 10+ Years
Qualification: Chartered Accountant | Industry Preference: Education / EdTech
Job Overview
We are looking for a seasoned and strategic Business Finance leader. The role will serve as a key financial partner to the Business CEO and Leadership Team, driving financial planning, business performance, strategic decision-making, and co-owning P&L delivery.
The ideal candidate has a proven track record of supporting high-growth organisations, with deep expertise in FP&A, financial modelling, commercial finance, and business partnering — including partnering in the launch of new business verticals from scratch. Experience in the Education / EdTech sector will be strongly preferred.
This role requires a leader who can balance strategic thinking with operational rigor while driving sustainable growth, profitability, and financial governance.
Key Responsibilities
1. Strategic Finance & Business Partnering
● Partner with Business Heads and the Leadership Team to drive business growth, profitability, and long-term value creation.
● Act as a trusted advisor on strategic initiatives.
● Provide financial insights and recommendations to support key business decisions.
● Evaluate new business opportunities, partnerships, and acquisitions.
● Partner in the end-to-end launch of new business verticals from scratch, including business case
development and financial structuring.
2. Financial Planning & Analysis (FP&A)
● Lead the organisations annual budgeting, long-range planning, rolling forecasts, and monthly business reviews.
● Build and maintain robust financial models to support business planning, new initiatives, and investment decisions.
● Establish robust forecasting models to improve predictability and business performance.
● Drive variance analysis and provide actionable recommendations to leadership.
● Develop financial dashboards and management reporting frameworks for business performance
tracking.
3. Commercial Finance & Profitability Management
● Own revenue, gross margin, contribution margin, EBITDA, and business profitability analysis.
● Identify opportunities to improve margins, optimise costs, and enhance operational efficiency.
● Partner with business teams to drive revenue growth while maintaining profitability.
4. Financial Governance & Controls
● Work closely with Controllership, Accounting, and Compliance teams to ensure financial integrity and reporting accuracy.
● Establish strong governance frameworks around budgeting, forecasting, business reviews, and capital allocation.
● Ensure compliance with regulatory, audit, and corporate governance requirements.
5. Leadership & Team Management
● Build and lead a high-performing Business Finance team.
● Develop finance business partners capable of supporting multiple business units.
● Drive a culture of accountability, data-driven decision-making, and continuous improvement.
● Mentor and develop future finance leaders within the organisation.
Ideal Candidate Profile
● 10+ years of progressive experience in Business Finance, FP&A, Commercial Finance, or Strategic Finance roles.
● Strong experience in financial modelling and building business cases for new initiatives.
● Hands-on experience partnering in the launch of new business verticals from scratch, from ideation through execution.
● Demonstrated success in partnering with senior business leaders, influencing strategic decisions, and scaling up business.
● Strong commercial acumen with a deep understanding of revenue models, profitability, pricing, and unit economics.
● Experience in leading large finance teams and building robust and scalable finance processes.
Skills
AccountingBudgetingFinancial GovernanceFinancial Planning & AnalysisManagement ReportingProfitability ManagementAccountantChartered AccountantFinanceIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
upGrad is a premier online higher education platform committed to revolutionizing professional learning and career advancement. With a focus on innovation and accessibility, upGrad offers a diverse range of industry-relevant programs spanning technology, management, data science, and more. Our comprehensive learning experience combines high-quality content, personalized mentorship, and industry projects to empower learners with practical skills and insights. As a leader in online education, upGrad is dedicated to helping individuals upskill and reskill for career success in the digital age. Explore exciting career opportunities with upGrad and embark on a transformative journey of learning and growth.
Important dates & deadlines?
Application Deadline
03 Oct 26, 01:37 PM IST
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