Ankit Agarwal
Director Finance, E&A Group reporting & Compliance
Noida
Summary
- A competent professional with nearly 16+ years of rich experience in Financial Controls, Business cycle processes, audit, and taxation and various GAAPs like IGAAP, USGAAP, IFRS and Public republic of China (PRC law)
- Experience in Reporting tools like Power BI used for monthly reporting of dashboards.
- Experience in effective financial operational controls and SOX controls across Europe & Asia regional companies. Strong knowledge and experience in ERP migration starting from Planning stage to GO-LIVE and solving the post-implementation challenges.
- Experience in transition of accounting processes, designing & implementing accounting systems & procedures as per regulatory and legal requirements including taxation, annual report, and accounts.
- Expertise in organizing, interpreting, and communicating required information and work as strategist & implementer with proficiency in spearheading business to accomplish corporate plans and goals successfully.
Overview
19
19
years of professional experience
9
9
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Director Finance, E&A Group Reporting & Compliance
ICF Consulting India Private Limited
New Delhi
02.2018 - Current
- Heading finance operations of businesses in Asia region, ensuring robust financial management, strategic planning, and compliance with regional regulations to drive sustainable growth and profitability.
- Review of Monthly closing and MIS of all Asia regions as per US GAAP and reporting to UK.
- Consolidation of HFM reporting pack for Europe and Asia regions as per US GAAP and IFRS and presenting to the Corporate.
- Preparation of annual budget/plan at business division level and analyzing their monthly performance.
- Reporting with detailed commentary analysis of actuals v/s budgeted numbers and report to the Corporate teams.
- Managed and optimized cash flow to ensure liquidity, reduce financial risks, and support strategic business initiatives.
- Review of business contracts to ensure correct Revenue recognition in compliance with ASC 606 under USGAAP.
- Preparation of Standard Operating Procedures and ensuring implementation of the same including Financial, Internal control processes and Risk control Matrix.
- Review of Income Tax, Transfer Pricing, GST & other labour laws related notices and collaborated with Tax team for response submission.
- Audit: Overseeing statutory audit related activities and final discussion with auditors, including signing of India Financial Statements.
- ERP Migration: Worked as Project lead for ERP migrations for India and China offices.
- Compliance management: Adherence to regulatory requirements and compliance standards, implementing robust policies and procedures to mitigate risks and maintain corporate integrity.
- Enhanced team collaboration through regular communication, goal setting, and performance evaluations.
- Facilitated cross-functional collaboration for improved decision-making processes within the organization.
- Other activities: - Presiding officer (ICC) and perform additional activities as Director on the board of ICF India.
Finance Controller
dlight Energy India Private Limited
Gurgaon
04.2016 - 02.2018
- Generated a valuable savings on final product cost through project costing measures that helped ramp up sales, including review of SKU wise and overall profitability on monthly basis.
- Involvement in final discussion with client and sales team for product price negotiation, including preparation of incentive/marketing schemes.
- Worked as project leader for Goods & service Tax (GST) Implementation.
- Improved financial reporting accuracy by streamlining and automating data processing tasks.
- Streamlined accounts payable and receivable processes for improved efficiency, resulting in reduced outstanding debts and increased cash flow availability.
- Led process improvements initiatives within the finance department which resulted in increased productivity levels among staff members.
- Established efficient payroll processes that ensured timely payment of salaries while maintaining compliance with all relevant labor laws.
- Reduced month-end closing time by implementing efficient reconciliation processes and procedures.
Senior Manager – F&A
Tupperware India Private Limited
Gurgaon
02.2014 - 03.2016
- Finalization of Monthly closing and related schedules as per US GAAP.
- Prepared SOP’s and Risk control Matrix for the India entity.
- Lead the project for implementation of changes in The Companies Act, 2013.
- Ensuring preparedness for the financial year end Statutory Audit, overseeing the schedules, and coordinating with the Statutory Audit team.
- Overall Responsibility for Internal audit by Tupperware Corporate US Team and Tax audit.
Deputy Manager- Finance & Accounts
Indiabulls Power Limited
Gurgaon
08.2012 - 02.2014
- Preparation and Finalization P&L A/c and Balance Sheet on Monthly, Quarterly & Yearly basis.
- Consolidation of P&L and Balance Sheet for all Group Companies.
- Review and Analysis of all Expenses as per budgeted and report the reasons for variances and monthly reporting to management.
- Preparation of Financial data of Company’s Annual Report and coordinating with various other departments and get it published.
- Preparation and uploading of Companies’ Financials in XBRL format for ROC filings.
- Capitalization of Power Plant assets.
Assistant Manager-Audit
Pricewaterhouse Coopers
Gurgaon
04.2009 - 08.2012
- Worked in Assurance/audit department and performed statutory audits of various entities.
- Studying Financials and making improvements in the clients accounting or related business process.
- Evaluating and understanding of clients Business Model.
- Handled clients like Benetton India Private Limited, Guardian Lifecare, RLG India Private Limited -Richemont Group, Honeywell India International Private Limited, Sony India Private Limited, Ballarpur India Limited (BILT) etc.
Articleship Trainee
Vishwanath Singh & Associates (CA)
New Delhi
01.2006 - 04.2009
Education
B.Com.(H) -
Delhi University
New Delhi 04.2002 - 03.2005
Chartered Accountant Final -
ICAI
New Delhi 04.2003 - 11.2008
Skills
- Financial leadership & strategic planning
- Proficient in conveying ideas
- Transformation process leader
- Cross-functional collaborator
Notable Accomplishments
- ERP Migration
- Compliance Dashboard
- Inter-Company Reconciliation Project
- GST Refunds
- Service Exports Incentive Scheme
- GST Implementation
- Internal Financial Controls, Risk Control Matrix
- Implementation of New Companies Act, 2013
- Capitalization of Power Plant
Personal Information
Date of Birth: 05/03/84
Articleship
Vishwanath Singh & Associates (CA), Articleship Trainee, 01/01/06, 04/01/09
Certification
IFRS Certification by ACCA
Timeline
IFRS Certification by ACCA
06-2023
Director Finance, E&A Group Reporting & Compliance
ICF Consulting India Private Limited
02.2018 - Current
Finance Controller
dlight Energy India Private Limited
04.2016 - 02.2018
Senior Manager – F&A
Tupperware India Private Limited
02.2014 - 03.2016
Deputy Manager- Finance & Accounts
Indiabulls Power Limited
08.2012 - 02.2014
Assistant Manager-Audit
Pricewaterhouse Coopers
04.2009 - 08.2012
Articleship Trainee
Vishwanath Singh & Associates (CA)
01.2006 - 04.2009
Chartered Accountant Final -
ICAI
04.2003 - 11.2008
B.Com.(H) -
Delhi University
04.2002 - 03.2005
Similar Profiles
Balamurugan DevadossBalamurugan Devadoss
Business Analyst at BNP Paribas India Solution Private Limited, Vendor : Quantum Leap Consulting Private LimitedBusiness Analyst at BNP Paribas India Solution Private Limited, Vendor : Quantum Leap Consulting Private Limited
Ramchand MekaRamchand Meka
Senior Accountant ( Team Lead) at TATA Sikorsky Aerospace Limited ( Payroll Pulivarthi Consulting India Private Limited)Senior Accountant ( Team Lead) at TATA Sikorsky Aerospace Limited ( Payroll Pulivarthi Consulting India Private Limited)
Sonu PalSonu Pal
ServiceNow Architect at GQI Consulting India Private LimitedServiceNow Architect at GQI Consulting India Private Limited
Himanshu JainHimanshu Jain
Architect at CognizantArchitect at Cognizant
ANSHU GARGANSHU GARG
SDE-1 & AI-Engineer at IQ-LINE PVT. LTDSDE-1 & AI-Engineer at IQ-LINE PVT. LTD