Associate Director – Business FinanceDepartment: Finance | Location: Mumbai | Experience: 10+ YearsQualification: Chartered Accountant | Industry Preference: Education / EdTechJob OverviewWe 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 Responsibilities1. 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 current business verticals from scratch, including business casedevelopment and financial structuring.2. Financial Planning & Analysis (FP&A;)● Lead the organisation's 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 performancetracking.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 solid 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.

📌 Associate Director Business Finance - Group Functions (Maharashtra)
🏢 upGrad
📍 Maharashtra