Associate Director/Director FP&A

ACKO Technology & Services Private Limited; Bengaluru; On-site; INR 4,500,000 - 7,000,000; Full time

Job summary

ACKO Technology & Services Private Limited is seeking an Associate Director/Director of FP&A to lead the Group’s financial planning, budgeting, and monthly MIS across Insurance and Holding entities.

The role emphasizes building integrated financial models, driving annual budgeting, and delivering insights for senior leadership with support from Investor Relations and CFO, leveraging AI tools to enhance forecasting and reporting.

Qualifications

• CA certification required to manage complex financial tasks.
• 8–12 years post-qualification experience.
• 3+ years in Insurance/FinTech/NBFC regulated industries.
• Proven FP&A, Corporate Finance, Strategy Finance, or Investment Banking experience.
• Experience building multi-year financial models for business planning.
• Experience leading annual budgets and monthly MIS for large-scale businesses.
• Strong senior stakeholder management to communicate insights.
• Proficiency in using AI tools to enhance financial modelling, reporting, and analysis.

Responsibilities

• Develop and maintain detailed financial models for the Group, including General Insurance, Life Insurance, and the holding company, which are critical for accurate business planning.
• Lead the end-to-end annual budgeting cycle, consolidating inputs and obtaining sign-offs, to ensure alignment with business objectives and financial targets.
• Prepare monthly MIS and financial reports for executive leadership, providing insights into performance and highlighting areas for improvement.
• Conduct thorough variance analysis to identify trends and deviations, ensuring that financial plans remain relevant and accurate.
• Collaborate with the CFO to assess the financial impact of internal and external business decisions, supporting informed strategy development.
• Partner with Investor Relations to prepare investor presentations, ensuring consistency and clarity in financial communications.
• Utilize AI tools daily to streamline financial modeling, analysis, and reporting processes, driving efficiency and innovation throughout the finance function.

Skills

FP&A

Corporate Finance

Investment Banking

Financial modeling

Budgeting

MIS reporting

Stakeholder mgmt

AI in finance

Regulated industry experience

Education

Chartered Accountant (CA)

Tools

AI tools

Job description

About Job

As the Associate Director/Director of FP&A at ACKO, you will play a vital role in managing the financial planning and analysis for the company's diverse operations. This position is pivotal in ensuring that the Group's forward-looking financials are robust and align with our strategic objectives, as you will oversee the business plan, annual budget, monthly MIS, and standalone financial statements of ACKO Technology & Services Ltd.

At ACKO, innovation and technology are at the heart of everything we do. In this role, you will utilize AI tools to build financial models and automate reporting processes, enhancing efficiency and accuracy in decision-making. This position requires a proactive leader who can seamlessly collaborate with Investor Relations, M&A, and finance teams across the organization to translate financial data into actionable insights for the Group CFO.

Skills & Qualification

• Chartered Accountant (CA) to provide credibility and expertise in managing complex financial tasks

• 8 to 12 years of post-qualification experience ensuring depth of knowledge and proficiency in financial operations

• 3+ years of work expereince in regulated industry (Insurance/FinTech/NBFC)

• Proven experience in FP&A, Corporate Finance, Strategy Finance, or Investment Banking offers a solid foundation for strategic decision-making

• Skilled in building integrated, multi-year financial models to support comprehensive business planning

• Strong experience in leading annual budgeting cycles and monthly MIS for businesses of significant scale

• Excellent senior stakeholder management skills to effectively communicate financial insights and influence decisions

• Proficiency in using AI tools to enhance financial modelling, reporting, and analysis activities

Responsibilities

• Develop and maintain detailed financial models for the Group, including General Insurance, Life Insurance, and the holding company, which are critical for accurate business planning

• Lead the end-to-end annual budgeting cycle, consolidating inputs and obtaining sign-offs, to ensure alignment with business objectives and financial targets

• Prepare monthly MIS and financial reports for executive leadership, providing insights into performance and highlighting areas for improvement

• Conduct thorough variance analysis to identify trends and deviations, ensuring that financial plans remain relevant and accurate

• Collaborate with the CFO to assess the financial impact of internal and external business decisions, supporting informed strategy development

• Partner with Investor Relations to prepare investor presentations, ensuring consistency and clarity in financial communications

• Utilize AI tools daily to streamline financial modeling, analysis, and reporting processes, driving efficiency and innovation throughout the finance function