Company Overview:
ExcelR Edtech Pvt Ltd is a dynamic and growing private limited company based in Bengaluru, specializing in corporate and professional training through both classroom and interactive e-learning delivery. Founded in 2013–2014, the company has rapidly expanded its global presence with offices across India (including Chennai, Mumbai, Pune, Hyderabad) and internationally in the UK, USA, Middle East, Australia, and the Netherlands. With a mission to elevate professionals through high-quality training, ExcelR offers a diverse portfolio of programs covering Data Science, AI/ML, Cloud Computing, RPA, Cybersecurity, Digital Marketing, Agile, Project Management, Six Sigma, and more. The company has a proven track record—empowering over 140,000 professionals worldwide with industry-aligned skills and real-world exposure.
Job Title: Chartered Accountant - Strategy & Business Finance (Asst Manager) (FP&A)
Key Responsibilities: As a Chartered Accountant in our finance team for an FP&A role, you will be entrusted with critical functions that support the company's growth and financial health. You will work very closely with the CFO & the CEO in this role.
Your responsibilities will include, but not be limited to:
Key Metric Analysis:
- You will evaluate critical financial metrics (e.g., revenue growth, margins, customer acquisition costs, churn rates, etc.) to gauge the company’s overall performance and growth potential. In a ed tech setting, this could also involve metrics tied to ed tech industry-specific KPIs like patient outcomes, tech adoption rates, or cost savings delivered through the tech solutions.
- Identify trends and anomalies in the data that may indicate issues or opportunities for improvement.
Assistance in Financial Model Preparation and Timely Reviews:
- Partner with senior leadership to ensure the financial model accurately reflects the company's business strategy and market realities.
- Collaborate with cross-functional teams (sales, operations, R&D) to gather inputs and refine assumptions that feed into the model (e.g., growth projections, pricing strategies, cost drivers).
- Periodically review and update the model based on changing market conditions or shifts in the company’s strategic direction.
- Update models periodically for market shifts or strategic changes.
Monitoring Key KPIs Across the Business:
- Continuously track and assess KPIs, both at a high level (overall profitability) and at a granular level (specific to revenue centers, cost centers, and individual product lines).
- Revenue Centers: Monitor revenue growth across different geographies, business units, and product offerings.
- Cost Centers: Ensure operational expenses (R&D, sales, marketing, and general admin) are aligned with the budget and identify opportunities for cost optimization without sacrificing quality or growth.
- Profitability: Regularly assess the company’s ability to generate profit relative to its revenue base, identifying areas of improvement (i.e., improving gross margin, reducing operational inefficiencies).
Preparation and Comparison of Budgets with Actuals:
- You will lead the preparation of quarterly and annual budgets, aligning them with corporate goals and long-term strategy.
- Compare actual performance to budgeted expectations, identifying and analyzing variances to understand root causes (e.g., higher-than-expected sales, lower-than-expected development costs).
- Support the decision-making process by ensuring management understands financial discrepancies and can act on the insights.
Variance Analysis & Management Presentation:
- After completing variance analysis, you will present the findings to the management team, including explanations for deviations from the budget (e.g., external factors like regulatory changes in ed tech, or internal factors such as operational inefficiencies).
- The goal is to provide actionable insights to help management adjust strategy or operations in response to financial performance.
Timely Reporting to Investors and External Stakeholders:
- You will ensure that all financial reports are submitted on time to investors, external stakeholders, and regulatory bodies.
- This includes presenting the company’s performance relative to forecasts and industry benchmarks, ensuring transparency and providing a clear picture of financial health.
Preparation and Review of Monthly Cash Flow for 12-Month Forecast:
- As the FP&A Manager, you will own the preparation of cash flow forecasts for the business, ensuring a forward-looking 12-month view.
- You will track actual cash inflows and outflows, comparing them against forecasts on a weekly basis. This is essential for a ed tech company, where cash flow can fluctuate based on customer payment terms, capital expenditures, and regulatory milestones.
- Identify discrepancies and provide insights on potential liquidity risks or opportunities for optimizing working capital.
Assistance in Setting Up Automated Dashboards:
- Support the development of automated dashboards using tools like Power BI or Alteryx to streamline reporting, track performance in real time, and enable data-driven decision-making.
- These dashboards will help executives and department heads track critical metrics without having to rely on manual reporting, allowing them to make quicker, more informed decisions.
Leveraging BI Tools for Advanced Analytics:
- Use tools like Power BI to visualize complex financial data, highlight trends, and provide an interactive environment for stakeholders to explore data and ask “what if” questions.
- As the ed tech sector often deals with vast amounts of data (clinical, operational, financial), leveraging automation and BI tools will save time and improve the precision of financial forecasting.
Valuation, Covenant Reporting & Compliance:
- The FP&A Manager also plays a key role in valuations, especially in case of fundraising, M&A activity, or internal assessments of company worth. You will prepare or collaborate on valuations and help external parties (e.g., investment banks, auditors) with necessary financial information.
- You will also handle covenant reporting for debt obligations, ensuring the company complies with the terms and conditions laid out in credit facilities or other financing arrangements. This could include analyzing financial ratios like leverage or interest coverage.
- Additionally, you'll ensure that the company complies with all financial regulatory requirements, particularly relevant in a ed tech environment, where data privacy (HIPAA, GDPR) and other industry-specific rules may come into play.
Collaboration with Product & Tech Teams:
- The ed tech industry often has a strong product development and R&D component. As an FP&A manager, you’ll need to work closely with these teams to understand how financials are impacted by the pace of product development, regulatory approval processes, or tech platform deployments.
- You may also be asked to track the financial impact of product launches, regulatory submissions, or market penetration, with a focus on long-term ROI.
Desired Skills & Experience:
- Educational Qualifications: Chartered Accountant (CA) with 3-5 years of post-qualification experience (Big 4 firm preferred).
- Experience: Solid background in accounting, compliance, and financial reporting, ideally with exposure to edtech or startup environments.
- Knowledge of Regulations: Deep understanding of Indian GAAP, IFRS, Income Tax Act, Companies Act, and indirect tax regulations.
- Analytical & Problem-Solving Skills: Strong analytical skills with the ability to provide actionable insights from financial data.
- Proficiency in Financial Software: Experience with accounting software and ERP systems (Zoho books, Tally), Power BI, Alteryx along with advanced Excel skills.
- Interpersonal Skills: Excellent communication and interpersonal skills to work effectively with cross-functional teams, external stakeholders, and senior management.
- Attention to Detail: A meticulous approach to managing financial records and ensuring accuracy in reporting.
Job Types: Full-time, Permanent
Pay: Up to ₹1,000,000.00 per year
Benefits:
- Cell phone reimbursement
- Health insurance
- Provident Fund
Experience:
- Financial accounting: 1 year (Required)
License/Certification:
- Chartered Accountant (Required)
Location:
- Bangalore, Karnataka (Required)
Work Location: In person
