BPO Director

BPO Director

Associate Director – AUM Business Finance

Mumbai (Work from Office)

Position Overview

We are seeking a senior Asset Management Business Finance / FP&A leader with 10+ years of experience who can answer the core management questions: What is our AUM, why did it change, how does it drive revenue, and how do we create one governed enterprise source for that information?

The role owns the business-finance view of AUM across public and private markets, including AUM roll-forward, net flows, market/FX movement, Fee-Earning AUM, management-fee revenue, capital raise/capital lifecycle reporting, budgeting, forecasting, variance analysis, profitability and executive management reporting.

The successful candidate will also lead transformation of AUM and finance reporting from spreadsheet- and tool-based processes into governed, automated, auditable enterprise reporting supported by modern data platforms, master/reference-data governance and certified data products.

Key Responsibilities

AUM Business Finance & Revenue

• Own end-to-end AUM reporting and monthly/quarterly AUM roll-forward across public and private market investment vehicles.
• Explain AUM movement across opening AUM, gross subscriptions/inflows, redemptions/outflows, transfers, distributions, market movement, FX, capital activity and other adjustments through closing AUM.
• Own net-flow reporting and attribution by product, strategy, vehicle, client/channel and region; distinguish business flows from market/FX performance.
• Calculate, reconcile and explain Fee-Earning AUM and its relationship to reported AUM.
• Own Revenue-to-AUM linkage, management-fee revenue analysis, fee-rate/yield analysis, accruals, true-ups and revenue variance commentary.
• Support capital raise and alternatives capital-lifecycle reporting, including commitments, subscriptions, calls/drawdowns, distributions and investor activity where applicable.
• Produce trusted management, Finance, Distribution, Product and executive AUM/revenue reporting.

FP&A & Management Reporting

• Lead annual budgeting, rolling forecasts and long-range planning for AUM, net flows, revenue, expenses and profitability.
• Build driver-based forecasts linking AUM, flows, market assumptions, fee rates, product mix and revenue.
• Perform actual vs budget / forecast / prior-period variance analysis with clear business commentary and root-cause attribution.
• Develop financial models and scenario / sensitivity analysis for AUM, flows, pricing, fee compression, market movements, capital activity and business risks.
• Prepare executive management packs and KPI dashboards covering AUM, flows, Fee-Earning AUM, revenue, margins and business performance.
• Partner with senior Finance and business leaders on performance reviews, risks, opportunities and forward-looking outlook.

Data Transformation & Enterprise AUM Model

• Lead migration from spreadsheet- and multi-tool AUM/FP&A reporting to a governed enterprise data platform / Lakehouse and certified reporting layer.
• Define the target-state AUM/business-finance data model, operating model, ownership, controls and certification process.
• Govern Fund Master, Security Master, Investment Vehicle hierarchy, Client hierarchy, Legal Entity structure, currency and benchmark mappings.
• Ensure consistent Investment Vehicle and fund/security codes across upstream and downstream systems.
• Integrate ABOR, IBOR, market data, ERP and enterprise data platforms to create a single governed AUM and business-finance source.
• Establish data-quality rules, lineage, reconciliation, certification, auditability and clear data ownership.
• Automate AUM roll-forward, flow attribution, revenue linkage, forecast and management-reporting workflows using Power BI/Tableau and modern data tooling.

Stakeholder & Transformation Leadership

• Partner closely with Business Finance/FP&A, Distribution, Product, Investment Operations, Fund Accounting, Data and Technology.
• Translate finance requirements into business rules, data definitions, source-to-target mappings, reporting logic and acceptance criteria.
• Lead transformation governance, cross-functional workstreams, UAT, adoption and operating-model change.
• Present AUM, flow, revenue and transformation insights to senior leadership and executive stakeholders.

Required Experience & Qualifications

• 10+ years of relevant experience in Asset Management / Investment Management Finance, Business Finance, FP&A or closely related financial-management roles.
• Recent, direct ownership of AUM/business-finance reporting — not only Fund Operations, Middle Office, Fund Administration or Fund Accounting.
• Demonstrated ownership of AUM roll-forward, net flows and movement attribution.
• Demonstrated experience linking AUM / Fee-Earning AUM to management-fee or advisory revenue.
• Strong FP&A experience across budgeting, forecasting, variance analysis, financial modelling, scenario analysis and management reporting.
• Strong understanding of public/private investment vehicles and capital lifecycle; alternatives exposure (Private Equity, Private Credit, Real Estate, Infrastructure) is highly valued.
• Experience leading finance-data/reporting transformation, automation or enterprise data initiatives.
• Bachelor degree in Finance, Accounting, Business or related field; MBA, CA, CFA, CPA or equivalent preferred.

Technical & Functional Skills

• ERP / Finance platforms: SAP, Oracle, Workday or equivalent.
• Enterprise data platforms / Lakehouse: Databricks, Snowflake, Microsoft Fabric, Azure or AWS preferred.
• Data governance, MDM, metadata, lineage, data quality, reconciliation and certified reporting.
• Power BI / Tableau; SQL strongly preferred.
• Working knowledge of ABOR and IBOR and how accounting/investment data feeds AUM and business-finance reporting.

Key Success Measures

• One certified enterprise AUM number with transparent roll-forward and flow attribution.
• Clear, explainable linkage between AUM / Fee-Earning AUM and revenue.
• Improved forecast accuracy and faster, higher-quality management reporting.
• Reduced manual spreadsheet dependency and accelerated month-/quarter-end reporting.
• Improved data quality, lineage, governance, certification and auditability.
• Successful adoption of the target-state AUM Business Finance operating model and reporting platform.

 

Experience Level

Executive Level