Job DescriptionAssociate Director – Business Finance
NDepartment: Finance | Location: Mumbai | Experience: 10+ Years
NQualification: Chartered Accountant | Industry Preference: Education / EdTech
NJob Overview
nWe 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.
NThe ideal candidate has aproven 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 current business verticals from scratch. Experience in the Education / EdTech sector will be strongly preferred.
NThis role requires a leader who can balance strategic thinking with operational rigor while driving sustainable growth, profitability, and financial governance.
NKey Responsibilities
n1. Strategic Finance & Business Partnering
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- Partner with Business Heads and the Leadership Team to drive business growth, profitability, and long-term value creation.
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- Act as a trusted advisor on strategic initiatives.
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- Provide financial insights and recommendations to support key business decisions.
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- Evaluate new business opportunities, partnerships, and acquisitions.
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- Partner in the end-to-end launch of new business verticals from scratch, including business case
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ndevelopment and financial structuring.
N2. Financial Planning & Analysis (FP&A;)
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- Lead the organisation's annual budgeting, long-range planning, rolling forecasts, and monthly business reviews.
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- Build and maintain robust financial models to support business planning, new initiatives, and investment decisions.
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- Establish robust forecasting models to improve predictability and business performance.
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- Drive variance analysisand provide actionable recommendations to leadership.
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- Develop financial dashboards and management reporting frameworks for business performance
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ntracking.
n3. Commercial Finance & Profitability Management
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- Own revenue, gross margin, contribution margin, EBITDA, and business profitability analysis.
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- Identify opportunities to improve margins, optimise costs, and enhance operational efficiency.
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- Partner with business teams to drive revenue growth while maintaining profitability.
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n4. Financial Governance & Controls
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- Work closely withControllership, Accounting, and Compliance teams to ensure financial integrity and reporting accuracy.
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- Establish strong governance frameworks around budgeting, forecasting, business reviews, and capital allocation.
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- Ensure compliance with regulatory, audit, and corporate governance requirements.
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n5. Leadership & Team Management
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- Build and lead a high-performing Business Finance team.
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- Develop finance business partners capable of supporting multiple business units.
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- Drive a culture of accountability, data-driven decision-making, and continuous improvement.
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- Mentor and develop future finance leaders within the organisation.
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nIdeal Candidate Profile
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- 10+ years of progressive experience in Business Finance, FP&A;, Commercial Finance, or Strategic Finance roles.
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- Strong experience in financial modelling and building business cases for new initiatives.
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- Hands-on experience partnering in the launch of new business verticals from scratch, from ideation through execution.
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- Demonstrated success inpartnering with senior business leaders, influencing strategic decisions, and scaling up business.
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- Strong commercial acumen with a deep understanding of revenue models, profitability, pricing, and unit economics.
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- Experience in leading large finance teams and building robust and scalable finance processes.
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📌 Associate Director Business Finance - Group Functions (Alibag)
🏢 upGrad
📍 Alibag