Associate New Business Initiatives & Strategy

Associate – New Business Initiatives & Strategy

Company: Surgeance by upGrad | Strategy & Investments (Propel, upGrad Group)

Location: Gurgaon

Experience: 0–1 Year

Employment Type: Full-Time

CTC Budget: Up to 7 LPA

Qualification: CA Fresher / CA Final / Commerce or Finance Graduate

About Surgeance by upGrad

Surgeance by upGrad is a business segment of the upGrad Group focused on building and scaling a portfolio of higher education institutions through acquisitions, lease-and-operate arrangements, and strategic partnerships.

We are looking for a driven and analytical Associate to join our New Business Initiatives & Strategy team. The role will involve working closely with senior leadership on live transactions, financial due diligence, investment evaluations, and new business initiatives.

Key Responsibilities

1. Deal Execution & Coordination

• Manage Information Request Lists (IRLs) and maintain document trackers.
• Coordinate with target institutions, consultants, and external advisors.
• Monitor deal progress, timelines, and pending deliverables.

2. Financial Due Diligence & Analysis

• Analyse financial statements and operating performance of colleges and universities.
• Assist in preparing financial models, projections, and business scenarios.
• Identify financial risks, discrepancies, and potential red flags.

3. Investment & Strategic Advisory

• Assist in preparing Investment Committee (IC) memos, presentations, and reports.
• Support valuation analysis and deal structuring activities.
• Provide analytical inputs to leadership for investment and business decisions.

4. New Business Initiatives & Integration

• Evaluate potential business opportunities in the higher education sector.
• Support transaction closure and post-deal integration.
• Assist in setting up MIS, financial controls, reporting mechanisms, and SOPs.

Required Qualifications & Experience

• CA Qualified (Fresher) or CA Final candidate.
• Commerce/Finance graduates with relevant articleship or internship experience may also apply.
• Articleship or internship experience with Big 4 firms (Deloitte, PwC, EY, KPMG) or reputed mid-sized firms such as Grant Thornton, BDO, Nexdigm, Baker Tilly, or RSM.
• Exposure to Financial Due Diligence (FDD), Transaction Services, Audit, or Financial Analysis.
• Strong proficiency in MS Excel and working knowledge of PowerPoint.

Preferred Skills

• Exposure to M&A, transaction advisory, or due diligence assignments.
• Prior experience working with schools, colleges, universities, or education trusts.
• Strong analytical, problem-solving, and stakeholder management skills.
• Excellent written and verbal communication skills.
• Ability to independently manage deliverables and work in a fast-paced environment.

What We Offer

• Direct exposure to senior business leadership and investment decisions.
• Opportunity to work on live M&A and strategic transactions.
• End-to-end ownership and accelerated professional development.
• An opportunity to contribute to building and scaling a growing higher education portfolio.

Interested candidates can apply with their updated CV.