Financial Planning Analyst

Job Description

About The Company: ElevenX Capital is a venture studio and venture capital fund that builds companies from the ground up. Founded in 2014 by serial entrepreneur Anjli Jain, ElevenX redefines the traditional venture capital model by combining ideas, capital and talent to create and scale companies across various sectors, including cybersecurity, artificial intelligence, and education and workforce management. The firm brings together experienced entrepreneurs and value creation specialists in marketing, sales, engineering, talent, legal and finance to support the development of new ventures from inception to scale. JOB BRIEF: You will work with our portfolio companies and report directly to the Board. Your main tasks will include performing detailed performance analysis, managing the FP&A team and analyzing processes. To succeed in this role, you should have a natural smart and analytical way of thinking and be able to explain difficult concepts to non-technical users. The major expectation is to bridge the gap between the management’s targets and the portfolio companies. RESPONSIBILTIES: ➢ Prepare budget and revenue projections with Line of Business Heads ➢ Provide key insights in revenue and cost behavior ➢ Perform GL reviews to ensure that all expenses and accruals are booked and allocated as per laid policy ➢ Month close should include, the accruals, prepayments, amortization, the depreciation, transfer price accounting of India, management services and any reclassification or intercompany transfers. Audit back up sheet for the purpose of audit of amortization of product development cost extended to asset from expenses ➢ Ensure timely reporting of scheduled reports to track individual and team performance of the company ➢ Identify key cost drivers and suggest ways to optimize ➢ Financial reporting and analysis – Identify and close gaps between the budgeted and actual figures ➢ Evaluating business processes, anticipating requirements, uncovering areas for improvement, developing and implementing solutions ➢ Conducting meetings and presentations to share ideas and findings ➢ Updating, implementing and maintaining current procedures. ➢ Prioritizing initiatives based on business needs and requirements. ➢ Serving as a liaison between Portfolio company and the Board Qualification: - B.Com + CMA or CPA or ACCA or CIMA or CA or MBA Finance Skills required QuickBooks/ SAP/Microsoft dynamics/Tally/GL Accounting/Advanced Excel