CA Vinayak Revanaki

Lead – Financial Reporting & Taxation

Financial Leadership & Reporting

• Lead the preparation and presentation of accurate and timely financial reports to senior management.
• Interpret financial data to support strategic decision-making and recommend actionable business improvements.
• Ensure overall financial health and stability of the organization through robust financial controls and governance.
• Manage cash flow planning to optimize liquidity and working capital efficiency.
• Lead and supervise Accounts Payable (AP) and Accounts Receivable (AR) teams to ensure operational excellence.

Audit & Compliance

• Act as the primary liaison with statutory auditors to ensure timely and compliant closure of audits in accordance with Ind AS.
• Ensure full compliance with corporate tax regulations, including Tax Audit, assessments, and TDS compliance.
• Manage Transfer Pricing documentation, audits, assessments, and related litigation.
• Oversee corporate and transfer pricing assessments and represent the organization in tax proceedings.
• Lead policy decisions and compliance matters related to FEMA and DGFT regulations.
• Ensure compliance with indirect tax regulations including VAT, CST, and Service Tax.
• Successfully led GST implementation across the organization with zero business disruption.
• Oversee monthly and annual GST compliance, including GSTR-1, GSTR-3B, and annual audit reports.
• Collaborate closely with Group Tax teams on taxation and transfer pricing matters.
• Ensure payroll tax compliance and provide tax-related inputs for financial forecasting.

Financial Planning & Analysis (FP&A)

• Drive financial planning processes including annual budgeting and quarterly rolling forecasts.
• Analyze costs, pricing strategies, contribution margins, and sales performance against business plans.
• Prepare and present Monthly MIS reports with detailed variance analysis by business line.
• Conduct performance reviews with controllers and business stakeholders to ensure alignment with financial objectives.

Lead Financial Reporting:

Publishing LEAP-BFC on Timely basis for Supply Entities (Scotland), Provide financial reports and interpret financial information to Global Finance Controllers.

Maintain the financial health of the organization.

Liaison with auditors to ensure appropriate closure of Statutory Audit as per IFRS.

Supervisory Role

Trained and mentored high-performing team through regular performance reviews, individual feedback and professional coaching.

Hired and evaluated associates and management staff to add to workforce and meet demands.

Streamlined operations to consistently deliver on targets.

Mitigated regulatory risks by complying with HMRC and legal requirements.

Lead Financial Accounting:

Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.

Maintain the financial health of the organization.

Liaison with auditors to ensure appropriate closure of Statutory Audit as per Ind AS.

Cash Flow Management, AP Team Management and AR Team Management.

Lead Taxation:

Corporate Tax Compliance (Tax Audit, Assessments, TDS Compliance).

Managing Transfer Pricing Audit.

Handling Corporate and TP Assessment and Litigation.

Lead policy decisions related to FEMA and DGFT.

Indirect Tax Compliance (VAT, CST, Service Tax).

Successfully Implemented GST for the Company, without any Business Interruption.

Monthly and Annual compliance of GST (GSTR1, GSTR 3B and Annual Audit Reports).

Coordinating with Group Tax team for Taxation and Transfer Pricing Matters.

Payroll compliance from tax angle and provide numbers for forecasting.

Financial Planning and Analysis:

Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.

Review and Submission of Annual and quarterly Budget.

Preparing monthly MIS and Variance Analysis with Business Line.

Review and Submission of quarterly rolling forecasts.

Review with controllers.

• Process Improvement
• Lead Financial Accounting:
• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action
• Maintain the financial health of the organization
• Liaison with auditors to ensure appropriate closure of Statutory Audit as per Ind AS
• Cash Flow Management, AP Team Management and AR Team Management
• Lead Taxation:
• Corporate Tax Compliance (Tax Audit, Assessments, TDS Compliance)
• Managing Transfer Pricing Audit
• Handling Corporate and TP Assessment and Litigation
• Indirect Tax Compliance (VAT, CST, Service Tax)
• Lead policy decisions related to FEMA and DGFT, and compliance.
• Payroll compliance from tax angle and provide numbers for forecasting.
• Successfully Implemented GST for the Company, without any Business Interruption
• Monthly and Annual compliance of GST (GSTR1, GSTR 3B and Annual Audit Reports)
• Coordinating with Group Tax team for Taxation and Transfer Pricing Matters
• Financial Planning and Analysis:
• Analyze costs, pricing, variable contributions, sales results and the company's actual performance compared to the business plans
• Review and Submission of Annual and quarterly Budget
• Preparing monthly MIS and Variance Analysis with Business Line
• Review and Submission of quarterly rolling forecasts
• Review with Global controllers
• GST Implementation for FIPL in SAP
• Lead Successful Implementation of GST.

Manager- Taxation and Finance:

• Responsible for monthly and quarterly closure of books, and MIS preparation.
• VAT and Service Tax Compliance PAN India.
• Corporate Tax Compliance (Tax Audit, Assessments, TDS Compliance).
• Transfer Pricing Audit and study.
• Handling Direct and Indirect Tax Assessments and Litigations.
• Coordinating with Group Tax team to fix yearly transfer price of Inter Company Imports.
• Core Team Member for GST Implementation
• Lead policy decisions related to FEMA and DGFT, and compliance.
• Substantially reduced transfer price for inter Company Purchases.
• Lead successful submission of A.P.A. Application with Income Tax Department.
• Payroll compliance from tax angle and provide numbers for forecasting.

Sr.Manager- Finance and Accounts:

• In charge for Entire Finance Function (AR, AP, Capex, Payroll, MIS, Treasury, Fund Management, Inter Unit Reconciliations).
• preparing regular financial statements and accounts, such as profit and loss accounts, analysing the company’s financial performance

Sr.Manager- Finance, Budgeting and Planning

• In charge for Entire Finance Function (AR, AP, Capex, Payroll, MIS, Treasury, Fund Management, Inter Unit Reconciliations)
• Preparing regular financial statements and accounts, such as profit and loss accounts, analysing the company's financial performance, Finance, Budgeting and Planning:
• In charge for Entire Finance Function (AR, AP, Capex, Payroll, MIS, Treasury, Fund Management, Inter Unit Reconciliations)
• Review and Submission of Annual and quarterly Budget
• Preparing monthly MIS and Variance Analysis
• Improved MIS Timelines from 10th of every month to 5th of every month to Center of Excellence Team
• Improved DSO from 170 days to 145 days through regular monitoring and system changes.

Manager- Finance and Accounts:

• Incharge for Entire Finance Function (AR, AP, Capex, Payroll, MIS, Treasury, Fund Management, Inter Company Reconciliations).
• Direct Tax Compliance (Taxation of Company, Handling Income Tax Assessment, Filing of Qtrly TDS returns, and Taxation of Employees).
• Preparing Final Accounts for as per IFRS and Statutory Audit, and timely completion of Tax Audit, Transfer Pricing Audit and Internal Audit.
• Assisting in Indirect Taxation Compliance and Assessments.(VAT Returns , Service Tax Returns, Excise Returns, and yearly Assessments).
• FEMA and DGFT compliance along with Tax Team.

Major Improvements in Process:

• Improved Accuracy in Cash Flow.
• Got approval from Income Tax Department for Lower Deduction of Tax U/s 197 for Lease Rental receivables from JV Company, as result Company additional working Capital of Rs. 15 Lakhs.
• Got Approval from Income Tax Department for weighted avg deduction U/s.35 of Income Tax Act.

• (3 Years and 3, Corporate MIS and Shared Services: Preparing month end reports for Divisional Overheads of the Company as whole, authorizing payment of Service Bills and Advertisement bills, managing team of Shared services
• Co-coordinating with regional offices during month end closer and with auditors during quarter end, half year and yearly tax and statutory audit
• Compliance with statutory requirements of TDS
• Preparing Consolidated Accounts of Titan Group
• Coordinating for Tax Audit of Subsidiary Companies
• Commercial Activities- Jewellary Division: Preparing Income Statement of Jewellary division on monthly basis, preparing reports like Boutique Profitability, Stock at cost at Boutiques and at CFA levels
• Providing ad hoc information to management w.r.t
• Jewellary commercial, Other Overheads
• Handling Branch accounts of Hong Kong and United States of America: Looking after regular flow of funds to these branch offices to meet the day-to-day expenses at the branch offices, coordinating with branch auditors for Branch audit.

• Responsible for monthly and quarterly closure of books, and MIS preparation
• VAT and Service Tax Compliance PAN India
• Corporate Tax Compliance (Tax Audit, Assessments, TDS Compliance)
• Transfer Pricing Audit and study
• Handling Direct and Indirect Tax Assessments and Litigations
• Coordinating with Group Tax team to fix yearly transfer price of Inter Company Imports
• Core Team Member for GST Implementation
• Substantially reduced transfer price for inter Company Purchases
• Lead successful submission of A.P.A
• Application with Income Tax Department., Auditing including Statutory Audit, Internal Audit and Interim Audit of Companies, Firms, Co-op societies
• Taxation of Companies, Co-op Societies and Firms.