Kinnar Shah

Co-Founder at Cub McPaws
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Location
Mumbai, Maharashtra, India, IN

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Experience

    • India
    • Retail
    • 1 - 100 Employee
    • Co-Founder
      • Dec 2018 - Present

      Mumbai Area, India Kids retail 2.0. Visit us at www.cubmcpaws.com

    • India
    • Internet Marketplace Platforms
    • 700 & Above Employee
    • Financial Controller
      • Aug 2011 - Nov 2018

      Mumbai Area, India • Lead the group’s finance and accounts function since inception. • Providing effective financial leadership to a finance team, to enable strategic foresight into the business and also provide knowledge and accurate information to the Management. • Developed and implemented a SOP for the business such that accurate information flows from all the departments to the finance & accounts function for recording and review. • Monthly working capital management such that returns from idle… Show more • Lead the group’s finance and accounts function since inception. • Providing effective financial leadership to a finance team, to enable strategic foresight into the business and also provide knowledge and accurate information to the Management. • Developed and implemented a SOP for the business such that accurate information flows from all the departments to the finance & accounts function for recording and review. • Monthly working capital management such that returns from idle funds is maximized. • Overall responsibility for all other regulatory compliance & legal aspects, including compliances for the ultimate holding company. • Identify and develop controls and processes to ensure all risks and opportunities are highlighted. Show less

    • United Kingdom
    • Business Consulting and Services
    • Finance Hub Manager - Region India & Middle East
      • Jul 2008 - May 2011

      Mumbai Area, India • Responsible for preparation and submission of monthly financial reports to corporate unit in Norway. • Responsible for financial reporting for all business areas (Revenue / Profitability / Charge-ability). • Preparation of annual budgets for all business areas and effective monitoring of deviations between budgets and actuals on a monthly basis. • Monthly review of Work In Progress for all business areas. • Overall responsibility for preparation of books of accounts for management… Show more • Responsible for preparation and submission of monthly financial reports to corporate unit in Norway. • Responsible for financial reporting for all business areas (Revenue / Profitability / Charge-ability). • Preparation of annual budgets for all business areas and effective monitoring of deviations between budgets and actuals on a monthly basis. • Monthly review of Work In Progress for all business areas. • Overall responsibility for preparation of books of accounts for management audit and statutory audit. • Ensuring adequate compliance with accounting & reporting handbook and various other statutory laws. • Part of the regional management team for strategic planning and decision making. • Effective monitoring and controlling for enhanced compliance. • Support to all business areas for pricing and bidding for large tenders / bids. Support to all business areas in reviewing standard contract terms. • Managing and investing the monies for employee’s staff provident fund on a monthly basis and ensuring that the fund fetches a minimum return as prescribed by the authorities. • Recommended and implemented various other process improvements during my tenure which included amongst other things handling and accounting of tax deducted at source, payments of various statutory dues, handling vendor payments, introducing net banking facilities for vendor payments, procedure for procurement of fixed assets, settlement of employee expense claims. Show less

    • Broadcast Media Production and Distribution
    • 1 - 100 Employee
    • Head - Finance & Accounts
      • Dec 2006 - Jul 2008

      Mumbai Area, India • Independently managed the Company’s Finance & Accounts Department • Overall responsibility for all statutory compliances (Service Tax / Income Tax / Company Law / VAT / PF etc.) • Liaison with various broadcasters on a day to day basis for ensuring timely processing of commissions, agreements and other documents. • Looked after the day to day banking functions (Cash flow / Receipts / Payments etc.) • Liaison with banks for funding requirements. • Played a key role in devising… Show more • Independently managed the Company’s Finance & Accounts Department • Overall responsibility for all statutory compliances (Service Tax / Income Tax / Company Law / VAT / PF etc.) • Liaison with various broadcasters on a day to day basis for ensuring timely processing of commissions, agreements and other documents. • Looked after the day to day banking functions (Cash flow / Receipts / Payments etc.) • Liaison with banks for funding requirements. • Played a key role in devising and implementation of a MIS so that the management is fully aware about the financial position of the company. • Also responsible for implementation and monitoring of various internal controls in the organization. • Created a data bank for all broadcasters for various clients ensuring that the data available is organized efficiently and data retrieval is easier. Show less

    • Asst. Vice President - Finance & Accounts
      • Nov 2004 - Nov 2006

      Mumbai Area, India • Independently managed the company’s risk management systems (monitoring client’s net positions and assigning them the trading limits on a day to day basis for the derivatives segment). • Overall responsibility for various statutory compliances (NSE / Income Tax / Company Law / Service Tax etc.). • Overall responsibility for looking after the day to day banking functions (Pay in / Pay out etc.). • Liaison with banks for funding requirements incase of institutional trades… Show more • Independently managed the company’s risk management systems (monitoring client’s net positions and assigning them the trading limits on a day to day basis for the derivatives segment). • Overall responsibility for various statutory compliances (NSE / Income Tax / Company Law / Service Tax etc.). • Overall responsibility for looking after the day to day banking functions (Pay in / Pay out etc.). • Liaison with banks for funding requirements incase of institutional trades. (DVP). • Also responsible for the overall back office operations of the company (DP / Operations / Contract notes etc...). • Responsible for implementation and presentation of MIS to the management. Show less

    • India
    • Accounting
    • 1 - 100 Employee
    • Articled Asst.
      • 2000 - 2002

Education

  • MITHIBAI COLLEGE
    Bachelor of Commerce (B.Com.), Accounting and Finance
    1999 - 2000
  • ST XAVIERS VILE PARLE
    1988 - 1995

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