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 & QualificationChartered 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
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 Required
- Chartered Accountant (CA) qualification
- 8 to 12 years of post-qualification experience
- At least 3 years of experience in a regulated industry such as insurance, FinTech, or NBFC
- Experience in FP&A, corporate finance, strategy finance, or investment banking
- Experience building integrated, multi-year financial models
- Experience leading annual budgeting cycles and monthly MIS for large-scale businesses
- Strong senior stakeholder management and financial communication skills
- Proficiency using AI tools for financial modeling, reporting, and analysis
What We Do
ACKO, launched in 2016, is a tech company which is solving real-world problems for customers, starting with insurance. We are India’s first digital-native insurer and have meaningfully redefined the insurance category. As a new-age brand, ACKO has brought the customer into the focus with fair pricing, convenience, and superior customer experience. ACKO was founded by Varun Dua and Ruchi Deepak. Varun is a serial fintech entrepreneur who has had extensive experience in the insurance industry spanning over two decades. Prior to this, he was CEO and Co-Founder of Coverfox Insurance Broking. Ruchi has worked in financial services in Mumbai and London with organizations such as Franklin Templeton and venture capital firm Matrix Partners. ACKO is targeted in its approach and operates in the Auto insurance, Embedded Insurance (bite-sized contextual coverages like mobile insurance), and Health Insurance sectors. As a customer-first company serving the digitally savvy, ACKO’s value proposition of ‘Welcome Change’ highlights the offerings of the company that make insurance simple and hassle-free. With features such as zero commission, zero paperwork, instant renewal, same-day claim settlements, and app-based updates on claims, ACKO is a 'Welcome Change' from traditional insurers. The company has pioneered the D2C model for insurance in India and empowers customers to choose the right product based on their requirements at the best price, at the click of a button with zero paperwork. ACKO has recently raised USD 450+ million to date and are backed by private equity majors such as General Atlantic and Multiples private equity, top venture capitalists such as Accel, Elevation, and Lightspeed Multiples, along with Amazon, Canada’s largest Pension Fund (CPPIB) amongst others. The company has grown at a CAGR of 88% in the last 4 years, served 75+ million customers and has issued ~900 million policies till date. Check our website - www.acko.com to know more about us.
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