NxtWave is one of Indias fastest-growing Ed-Tech startups. NxtWave is revolutionizing the 21st-century job market by transforming youth into highly skilled tech professionals irrespective of their educational background with its CCBP 4.0 programs.NxtWave is founded by Rahul Attuluri (Ex Amazon, IIIT Hyderabad), Sashank Reddy (IIT Bombay) and Anupam Pedarla (IIT Kharagpur).
In February 2023, NxtWave raised 275 crore led by Greater Pacific Capital, a leading international private equity firm. The startup is also backed by Orios Ventures, Better Capital and marquee angels, including founders of some of Indias unicorns.
NxtWave is an official partner for NSDC, under the Ministry of Skill Development & Entrepreneurship, Govt. of India, and recognized by NASSCOM, Ministry of Commerce and Industry, Govt. of India, and Startup India. The startup has received accolades as The Greatest Brand in Education in a research-based listing by URS Media, a leading international media house.By offering vernacular content and interactive learning, NxtWave is breaking the entry barrier for learning tech skills.
Learning in their mother tongue helps learners achieve higher comprehension, deeper attention, longer retention, and greater outcomes.NxtWave now has paid subscribers from 450+ districts across India. In just 2 years, CCBP 4.0 learners have been hired by 1500+ companies including Google, Amazon, Nvidia, Goldman Sachs, Oracle, Deloitte, and more.
Scale at which we operate on tech level (as on July 22)
370 Cr+ learning minutes spent
69 Cr+ Code Runs
4.2 Bn. + API Requests Handled by our servers
Position Overview:
The Financial Planning and Analysis Lead will play a pivotal role in the finance department, responsible for overseeing all aspects of financial planning, analysis, and budgeting. This role requires a seasoned professional with a strong analytical mindset, strategic thinking, and the ability to collaborate across various business units. The FP&A Lead will focus on capital budgeting, P&L analysis at standalone, product, region, and category levels, ensuring financial insights contribute to informed decision-making at all organizational levels.
Key Responsibilities:
Financial Planning and Budgeting:
Develop and manage the annual financial planning process, collaborating with department heads to establish budgetary goals aligned with overall business objectives.
Monitor and analyze budget variances, providing actionable insights to optimize resource allocation and enhance operational efficiency.
Capital Budgeting:
Lead the capital budgeting process, evaluating investment proposals, and providing financial justifications for capital expenditures.
Collaborate with cross-functional teams to assess the financial viability and impact of strategic initiatives and projects.
Profit and Loss Analysis:
Conduct comprehensive P&L analysis at various levels, including standalone, product, region, and category, to identify key drivers of financial performance.
Develop financial models and scenarios to support strategic decision-making and assess the financial impact of business initiatives.
Financial Forecasting:
Develop and maintain accurate financial forecasts, considering market trends, business dynamics, and external factors.
Provide regular updates to senior management on financial performance against forecasts, highlighting potential risks and opportunities.
Business Partnering:
Collaborate with cross-functional teams, including Marketing, Sales, Operations, and Product Development, to understand business drivers and facilitate data-driven decision-making.
Act as a key finance business partner, providing financial insights to support the achievement of business objectives.
Reporting and Presentation:
Prepare and present financial reports to senior leadership, board members, and stakeholders, conveying complex financial information in a clear and concise manner.
Develop and maintain standardized financial reporting templates for different levels of the organization.
Qualifications:
Chartered Accountant or MBA or relevant professional qualification preferred. 2-4 years of relevant experienced.
Proven experience in financial planning and analysis, preferably in the EdTech industry.
Strong proficiency in financial modeling, budgeting, and forecasting.
Exceptional analytical and problem-solving skills with attention to detail.
Excellent communication and presentation abilities.
Ability to thrive in a dynamic and fast-paced environment.
Work Location & working days:
NxtWave's office in Hyderabad
6 days working