Business Strategy Associate

Job Description – Business Strategy Associate

Company: Ethera Diamonds

Location: Mumbai

Reporting To: Directors / Founders

 

Role Overview

The Business Strategy Associate will work directly with the Directors of Ethera Diamonds and play a key role in strategic planning, business analysis, and execution of high-impact initiatives. This role is ideal for an IIT graduate who wants first-hand exposure to leadership decision-making and end-to-end business operations in a fast-growing premium jewellery brand. This is a leadership-track role, going beyond traditional executive support, with strong involvement in strategy formulation, cross-functional coordination, and performance tracking.

Key Responsibilities

Strategy & Planning


Support Directors in developing and executing short-term and long-term business strategies.
Conduct market research, competitive analysis, and growth opportunity assessments.
Prepare business plans, strategy decks, and analytical notes for leadership reviews.
Track progress of strategic initiatives and flag risks, gaps, and improvement areas.


Director’s Office & Execution


Act as a bridge between the Directors and internal teams to ensure timely execution of priorities.
Convert leadership decisions into structured action plans with defined milestones.
Follow up with functional heads on critical initiatives and deliverables.
Support leadership meetings through agenda preparation, data collation, and action tracking.


Cross-Functional Projects


Work closely with Retail, Sales, Marketing, Supply Chain, Finance, and Operations teams.
Drive special projects such as store launches, process improvements, cost optimization, and system implementation.
Assist in designing SOPs, MIS frameworks, and performance dashboards.


Analytics & MIS


Analyze sales, margins, inventory, and operational data to support decision-making.
Prepare periodic MIS reports and present insights to the Directors.
Support scenario analysis, forecasting, and performance benchmarking.


Confidential & Strategic Support


Handle sensitive business information with discretion and professionalism.
Represent the Director’s office in internal discussions when required.


Candidate Profile

Education


Graduate/Postgraduate from IIT (Engineering / Technology / Management preferred).


Experience


1–5 years of experience in strategy, consulting, startups, analytics, or fast-growth environments.
High-potential freshers with strong internships, case competitions, or leadership exposure will be considered.


Key Skills & Attributes


Strong analytical and structured problem-solving skills
Excellent communication and presentation abilities
Willingness to work in chaos
Extremely biased towards action
Previous Product experience is a plu
If a jewellery lover - then even better
Proficiency in Excel, PowerPoint, and data analysis tools
High ownership, maturity, and ability to work with senior leadership
Comfort with ambiguity and fast-paced execution
Strong problem solving and analytical skills.
 


What This Role Offers


Direct exposure to founders and strategic decision-making
Opportunity to shape growth initiatives in a premium retail brand
Fast learning curve and visibility across the organization
Clear progression into strategy, operations, or leadership roles.

. Skillset Required: Strategic Planning, Business Analysis, Market Research, Competitive Analysis, Cross-Functional Coordination, Data Analysis, Communication Skills, Project Management