Experience

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  Capita India

  • Mumbai, Maharashtra, India

  • Assistant Manager Financial Reporting

    • May 2022 - Jul 2023
    • Mumbai, Maharashtra, India

    Spearheaded the preparation and presentation of 40+ subsidiaries of Capita PLC thereby, reducing the turnaround time aligning with company's success goals.Highlights:• Conducted in-depth financial reporting and variance analysis to assess the financial performance of Capita's subsidiaries, enhancing financial transparency and informing strategic decision-making for senior management.• Leveraged Excel proficiency and financial data analysis skills to remodel the variance analysis process, achieving a 30% reduction in the timeline for deliverables.• Implemented a standardized in-house consultation process, utilizing expertise in financial systems to improve stakeholder coordination. This led to a more efficient audit process, expediting completion by 30%.• Managed and collaborated with over 15 stakeholders across various teams, integrating key performance indicators (KPIs) and financial planning techniques to ensure the timely completion of audits and compliance with financial reporting requirements to UK Government authorities.• Advanced the company's budgeting and forecasting accuracy through strategic financial planning and the use of pivot tables for dynamic management reporting, ensuring adherence to financial data accuracy and enabling ad hoc analysis when required.

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  R L Sangoi

  • Mumbai, Maharashtra, India

  • Business Consultant

    • Apr 2021 - Apr 2022
    • Mumbai, Maharashtra, India

    • Interpretation of client’s monthly management accounts and improving financial performance by monitoring staff utilisation, overheads, working capital and project profitability.• Performing product profitability analysis, creating a base for product pricing and finding operational improvement opportunities ultimately leading to a better product mix and driving revenue growth

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  Mastek

  • Mumbai Area, India

  • Assistant Manager Finance/Financial Reporting

    • May 2019 - Apr 2021
    • Mumbai Area, India

    • Boosted our net profit margin by $2 million by smartly redistributing employee stock option plan (ESOP) expenses, making sure we followed the rules for each place we do business.• Put together predicted financial reports for a big $138 million tech buy by Mastek Ltd., giving our CFO and top leaders the info they needed to think through the deal.• Cut the cost of running our offices by 12% because we started doing our tax work in-house, making sure we followed all the tax laws.• Made our month-end financial reporting faster by better organizing employee stock options and earnings per share calculations in Excel.• I was in charge of doing the financial reports for Mastek and three other groups on my own, making sure everything was right until the big auditing firms gave their okay.• Helped the finance boss get the financial presentation ready for the CFO to show the board every three months.• Looked closely at our financials after every quarter, explaining any big changes and suggesting ways for the bosses to save money and cut unnecessary spending

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  Travel Food Services Pvt ltd

  • Mumbai Area, India

  • Assistant Manager - Accounting and Finance

    • Dec 2018 - May 2019
    • Mumbai Area, India

    • Executed financial accounting duties with precision, culminating in the regular preparation of financial statements that comply with current accounting standards and regulations.• Diligently managed the monthly and quarterly closing of books, ensuring accuracy and adherence to the principles of finance and accounting, aligned with Sarbanes-Oxley Act (SOX) requirements.• Led the implementation of a new financial system, leveraging financial analysis to enhance operational efficiency and ensure seamless integration into existing finance protocols.• Conducted thorough bank reconciliations, a critical component of financial audits, to verify the integrity of finance records and resolve any discrepancies through detailed variance analysis.• Specialized in investment accounting, applying rigorous financial accounting standards to manage and report on the company’s investments, fostering strategic financial decision-making.

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  Aditya Birla Housing Finance Limited

  • Mumbai Area, India

  • Team Member - Accounts and Finance

    • May 2016 - Nov 2018
    • Mumbai Area, India

    • Enhanced financial reporting and compliance by spearheading the implementation of a vendor accounting system, adhering to GAAP/IFRS standards. This strategic initiative generated an additional $3 million in revenue by optimizing payout processes to vendors and brokers, thereby improving turnaround times.• Employed financial data analysis and process improvement techniques to refine the debtors accounting process, achieving consolidation of receivables and reducing borrowing costs. This action directly contributed to stronger budgeting and forecasting accuracy.• Demonstrated leadership in managing the vendor payments team, fostering adherence to financial policies and procedures which minimized creditors' turnaround times. This elevated loan broker satisfaction through meticulous attention to detail and deadline management.• Successfully conducted Fixed Assets reconciliation across 50 branches, utilizing financial software proficiency to provide a precise assessment of assets. This initiative ensured robust management and oversight, informed strategic planning, and supported the prompt presentation of financials to the Board of Directors. Coordinated effectively with auditors to expedite the audit process from initiation to completion, applying variance analysis to streamline financial statement preparation.

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  RL Sangoi

  • Mumbai Area, India

  • Accounts and Finance Executive

    • May 2012 - Apr 2016
    • Mumbai Area, India

    1. Assisting manager in the preparation of financial statements 2. Maintenance of books of accounts on a daily basis.3. Managing payables and receivables based upon respective credit cycle.4. Dealing with clients.5. Cost optimization of clients6. Providing solutions to reduce the overheads cost to the clients.