DriveX Mobility - Finance Business Partner
DriveX is seeking a Finance Business Partner to own planning, forecasting, and analytical infrastructure. The role involves working directly with the CFO to influence capital allocation and business strategy through financial modeling and MIS reporting. Candidates must have extensive experience in FP&A, business finance, and proficiency in BI tools. The position is based in Bengaluru and requires a strong background in financial planning and stakeholder management.
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Experience
5-8 years
Function
Finance
Work mode
Onsite, India
Company
Tier 2
What you will work on
DriveX is seeking a Finance Business Partner to own planning, forecasting, and analytical infrastructure. The role involves working directly with the CFO to influence capital allocation and business strategy through financial modeling and MIS reporting. Candidates must have extensive experience in FP&A, business finance, and proficiency in BI tools. The position is based in Bengaluru and requires a strong background in financial planning and stakeholder management.
TAL's take
Solid role at a specialized startup with clear financial ownership and high-impact business partnering responsibilities.
Very well-defined responsibilities across financial planning, modelling, and business partnering.
Must haves
- CA or MBA Finance from a reputed institution
- Experience supporting investor reporting or fundraising processes
- 5-8 years of progressive finance experience
- Minimum 3 years in a dedicated FP&A or business finance role
- Strong financial modelling and Excel / Google Sheets expertise
- Proficiency in ERP systems (Zoho)
Tools and skills
About the company
Established mid-stage startup in the vehicle financing and automotive space.
Posts mentioning DriveX
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- **Challans issued** to PMPML drivers rose by **39%** in FY 2023-24 compared to the previous year. - Commuters complain about **traffic violations** like jumping signals and speaking on phones while driving. - **723 drivers** were fined in 2022-23, increasing to **1002** in 2023-24; **985 fines** paid, **740 pending**. - **Public outcry** for stricter actions like suspensions and terminations to curb dangerous driving. - **PMPML claims** continuous fining and driver education, but violations persist, endangering lives.
DriveU Turns Profitable in FY24 with 66% Revenue Growth
- DriveU, an on-demand driver aggregator, reported a 66% revenue growth in FY24, turning profitable. - Revenue spiked to Rs 24.50 crore, up from Rs 14.75 crore in FY23, driven by increased platform revenues. - Despite revenue growth, the company focused on controlling expenses, with direct expenses rising to Rs 7.55 crore. - Profit before tax for FY24 was Rs 11.35 lakh, a significant improvement from a loss of Rs 2.29 crore in FY23. - The company's long-term borrowings decreased substantially, reflecting efforts to reduce debt and improve cash flow. Source: [Entrackr](https://entrackr.com/fintrackr/on-demand-driver-aggregator-firm-driveu-turns-profitable-in-fy24-7346451)
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