Role: Senior Manager / Associate Director - Business Finance

Location: Mumbai

About Emeritus:

Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China. Emeritus short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies, and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches has educated more than 250,000 individuals across 80+ countries.

Founded in 2015, Emeritus, part of Eruditus Group, has more than 2,000 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Following its $650 million Series E funding round in August 2021, the Company is valued at $3.2 billion, and is backed by Accel, SoftBank Vision Fund 2, the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, Sequoia Capital India, and Bertelsmann.

Overview:

The Senior Manager / Associate Director – Business Finance will play a significant role in driving business performance and ensuring the organization achieves its financial objectives. This role sits at the intersection of finance and business, acting as a strategic partner to business units and enabling data-driven decision-making.

This is a high-visibility role with regular interaction with senior stakeholders, including business heads and leadership teams. The role requires a strong focus on business finance, unit economics, and actionable insights, going beyond traditional FP&A.

Key Responsibilities

Drive long term planning exercise including preparing of the 5-year Business Plan
Run the full budgeting process for assigned business units, including detailed P&L with focus on business drivers, revenue levers, and cost structures
Ensure budgetary control through monthly business reviews, variance analysis, and clear articulation of performance drivers
Act as a finance business partner to business, product, and functional leaders to support decision-making through financial insights
Independently own and manage financials of multiple LoBs (revenue, margins, and profitability)
Propose and drive revenue, margin, and cost improvement initiatives with cross-functional stakeholders
Perform deep-dive analysis across unit economics (CAC, LTV, contribution margins, payback), revenue drivers, and cost structures
Analyze cash flow, working capital trends, and cost efficiencies to identify optimization opportunities
Prepare and present monthly and quarterly MIS, dashboards, and business performance reviews with actionable insights
Translate complex financial data into clear business narratives and strategic recommendations
Evaluate new initiatives, product launches, and investments through financial modeling and scenario analysis
Partner with Sales, Marketing, Product, and Operations to evaluate GTM strategies, campaign ROI, and pricing decisions
Track and analyze key business KPIs, identifying risks and opportunities to improve performance
Drive discussions with business teams to understand problems, evaluate trade-offs, and co-create solutions
Propose and execute value creation initiatives (topline growth and margin expansion) with cross-functional teams
Support strategic initiatives such as business expansion, cost optimization, and process improvements
Run special projects such as profitability analysis, business case evaluations, and investment analysis
Implement and improve systems, reporting frameworks, and dashboards to enhance data accuracy and scalability
Champion finance as a strategic partner and ensure consistency across financial and business reporting

Qualifications

6 - 8 years of experience in Business Finance / FP&A / Commercial Finance roles
Strong understanding of finance and accounting, including P&L management, unit economics, and corporate finance concepts
Proven experience in business partnering and influencing cross-functional stakeholders
Hands-on experience in financial modeling, forecasting, and analyzing large datasets
Strong analytical and problem-solving skills with ability to translate insights into business decisions
Experience in high-growth, data-driven environments (consumer internet, edtech, SaaS preferred)
Strong communication and presentation skills for senior leadership and non-finance stakeholders
Proficiency in Excel and familiarity with BI tools (Power BI, Tableau, etc.) and ERP systems
Bachelor's degree in Commerce, Engineering, or related field
MBA / CA / CFA or equivalent preferred

Emeritus provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

In press:

https://inc42.com/buzz/edtech-startup-eruditus-fy23-revenue-crosses-inr-3000-cr-mark
https://www.outlookbusiness.com/start-up/news/eruditus-secures-150-million-funding-for-ai-expansion-business-growth

Business Finance Associate

Senior Manager / Associate Director - Business Finance