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Deputy Vice President

1 month ago

Mumbai, Maharashtra, India LEAD School Full time
Job Description

About Us:

LEAD is the market leader in School EdTechs and the first EdTech UNICORN of 2022. The fastest-growing School EdTech company in India, Fortune has recognized us as one of Indias top 24 Employers of the Future in June 2022. We partner with Affordable Private Schools across the country and empower them with the tools and resources that transform them into centers of excellence. Our enhanced performance monitoring tools, dedicated lesson plans, and tech-based solutions enable educators to provide students with the best education.

Our mission is to provide excellent education to every child. With our 8000+ partner schools across the country, we have seen a growth from 35 schools in 2018 to 8000+ in 2024.

LEAD - Growth Highlights:

- Raised $100 Mn in a Series E round and became the first EdTech Unicorn of 2022 (Business Standard - LEAD becomes first edtech unicorn of 2022).
- Our Co-Founder & Co-CEO Smita Deorah is the only leader from India to win the Power of Women (POW) 2022 award held in the USA (ASU+GSV Summit).
- LEAD has won in the &aposMost Innovative Product/Service&apos sub-category, (&aposUnicorn&apos category), at the Businessworld Unicorn Awards 2022.
- We are building a B2B + At-home Learning business, which is a $14B market opportunity across 120 Mn Private School students in India, alone.
- Education Leadership Award by American Leadership Board in 2018.
- Best School Management Award in 2019.

Role:

Deputy Vice President - Financial Planning & Analysis

Purpose of the Job:

The DVP - FP&A will be responsible to lead the financial planning and analysis function, providing strategic insights to drive growth, profitability, and financial stability. This role ensures accurate forecasting, budgeting, and performance monitoring while partnering with senior leadership to make informed financial decisions that align with business goals.

Key Responsibilities:

- Lead long-term financial strategies that align with business goals and growth plans.
- Oversee the annual budgeting process and monthly/quarterly forecasting to ensure accurate financial projections.
- Deliver timely and accurate financial reports, presenting key performance indicators (KPIs) to senior management.
- Conduct financial analysis, scenario modeling, and variance analysis to support informed decision-making.
- Project cash flow and working capital position. Raise alerts on the cash sufficiency based on revenue, collection and working capital trends.
- Identify opportunities for cost savings and efficiency improvements across the organization.
- Develop and implement strategies to mitigate financial risks and ensure regulatory compliance.
- Partner with business leaders to integrate financial strategies into business operations and decision-making.
- Drive automation and process improvements to enhance the accuracy and efficiency of financial reporting.
- Track business performance against financial goals, providing insights and recommendations for course corrections.
- Lead, mentor, and develop a high-performing FP&A team to ensure the department&aposs success.

Ideal Experience Profile:

- Chartered Accountant, or equivalent professional qualification.
- Minimum 8 years in financial planning & analysis, with experience of working in high-growth companies.
- Experience in EdTech or tech-enabled sectors is good to have.
- Proven track record in leading financial strategy, budgeting, and forecasting for large, complex organizations.
- Strong proficiency in financial modeling, scenario analysis, and performance tracking.
- Experience working closely with senior leadership and cross-functional teams to drive financial and business outcomes.
- Demonstrated ability to lead and develop a high-performing finance team, with a focus on continuous improvement and automation.

Department:

Finance

Location:

Goregaon (East), Mumbai