Gaurav Ruparel
Summary
Disciplined, detail-oriented, results-driven, and experienced Vice President, with more than 13 years of experience in the finance and account domain. In my current organization, I am overseeing financial operations, strategy, and overall financial performance of the organization. Expertise in financial planning and analysis, budgeting, forecasting, and cash flow management to drive business growth and profitability. Adept at implementing robust financial controls, ensuring regulatory compliance, and leading cross-functional teams. Strong communicator with the ability to build relationships with stakeholders, including investors, auditors, and senior management. Known for a strategic mindset, strong leadership, and a commitment to delivering financial excellence and business value.
Overview
14
14
years of professional experience
10028
10028
years of post-secondary education
1
1
Certification
4
4
Languages
Work History
Vice President – Accounts & Finance
NIBE Limited
04.2025 - Current
- Develop and execute financial plans and strategies to drive business growth, maximize resource efficiency, achieve financial targets, and ensure long term sustainability.
- Conduct financial analysis to evaluate performance, identify trends, and provide insights to support strategic decisions for business growth.
- Develop and manage budgets and forecasts to support financial planning, optimize resources, and drive business performance.
- Prepare and present accurate standalone and consolidated financial statements in compliance with accounting standards to support business strategy and provide timely reporting to stakeholders, including the board of directors.
- Conduct variance analysis to compare actual financial performance with budgets or forecasts, identifying discrepancies and suggesting corrective actions.
- Monitor and manage cash inflows and outflows to ensure sufficient liquidity for operations and financial obligations, while minimizing financial risk.
- Manage and optimize working capital by overseeing inventory, receivables, and payables to ensure operational efficiency and liquidity.
- Manage corporate taxation and GST compliance, ensuring timely filing of returns and tax payments.
- Oversee product costing and develop pricing strategies to ensure profitability, competitiveness, alignment with market trends, and support business growth.
- Prepare and deliver Management Information System (MIS) reports to provide insights into business performance, support decision-making, and monitor key metrics.
- Manage CapEx and OpEx to optimize investments and operational efficiency, ensuring alignment with financial goals.
Senior Manager
Ernst & Young
02.2018 - 03.2025
- Leading Wealth and Asset management sector covering large investment bank and asset managers. With over 20+ team members, my role here in EY GDS primarily focuses on growing our Wealth and Asset management practice covering banks and asset managers in the finance and regulatory transformation space covering fund accounting, financial reporting, regulatory reporting and the managed services deals.
- Focusing on building niche capabilities around end to end record to report activities covering fund accounting and financial reporting for Private Equity funds.
- Assisting clients on implementation and application of new accounting standards (IFRS 15 & 16 and US GAAP).
- GAAP conversion assignments – UK GAAP to IFRS/FRS 101/ FRS 102.
- Financial Reporting Projects – It involved producing Statutory Accounting Pack and Financial Statements for clients.
- Assisting the client in preparation of accounting memos for complex transactions.
- Active participation in resource planning and business development activities while preparing internal reports for the leadership group.
- Assisting cross-functional teams on technical accounting matters.
- Part of Global FAAS Innovation team in EY building various use case scenarios for different FAASTech tools.
- Leading Global FAAS Innovation Intake process which involves collection of innovative ideas, assessing future needs and prioritizing the needs, budgeting and funding global innovation projects and topics and implementation of Enabling Technology across regions, markets and sectors.
- Part of core marketing team for various FAAS Tech products - Involved in the preparation and finalization of various GTM materials liaising with product owners and the brand, communications & marketing team.
- Key Highlights: Automation of security classification and notional calculation reported to Federal Reserve, resulting in a saving of 400 man hours annually.
- Implemented changes in Private Fund Reporting rules pertaining to BEA filings effective Q2'2017.
- Lead the team of ten process leads to Paris for the migration of Solvency II Pillar 3 process.
- Have done a course in French language from Ramkrishna Mission. Was ranked 1st in the University in Junior Semester (Ist Year).
- Automation of various leadership reports through VBA resulting in significant time saving and elimination of manual errors.
Senior Associate
Goldman Sachs
05.2016 - 02.2018
- Preparation of regulatory reports for Goldman Sachs Asset Management division (TIC reports to Treasury Dept of Federal Reserve, BEA filings to Bureau of Economic Analysis, FR2314 filings to Federal Reserve). This includes correct classification of Fund's assets and liabilities and the notional calculation for derivatives, as per the requirement under different Regulation.
- Liaising with different stakeholders within the firm e.g. trading desk, product controllers, fund controllers, operations etc. to understand the nuances of the positions and making sure the reporting is accurate to the Regulators.
- Making sure the internal policies are updated and documented at frequent intervals related to the filings.
- Working with GS internal Tech team to have strategic fixes for the upcoming regulation and improvement in the existing Tech infrastructure.
Assistant Manager
AXA Business Services Pvt. Ltd.
08.2014 - 05.2016
- Key areas include the preparation and review of various asset templates as required by the European Insurance and Occupational Pensions Authority on the basis of Complimentary Identification Code.
- Ensure good quality and timeliness of the reported financials and data. Review the control check results, identify and fix input errors. Handling Group's queries on financial reports input in IRIS.
- Regularly reviewing with the Solvency II Pillar 3 processes to maintain efficiency, effectiveness and ensure continuous improvement of the process.
- Performing and Reviewing month end closing activities like posting of accruals, valuation, impairment and the analysis of hedge on the basis of strategy defined of the derivatives.
- Reconciliation of the financial statements between SAP, Business Objects and IRIS is done along with the variance analysis.
Exempt Non Officer
Credit Suisse Services India Pvt. Ltd.
09.2012 - 08.2014
- Performing month end closing activities like posting and documentation of journals in PeopleSoft and Swiss banking IT platform.
- Analysis and resolution of Inter-company variances / breaks.
- Reconciliation of the financial statements between various applications.
- Variance analysis and commenting for variances in Legal entity reporting package for consolidation.
- Ensuring GL application (PeopleSoft Financials) and reporting applications (ADAC) are in line for the owned positions related to loans and deposits.
- Preparing periodic documents required by internal as well as external auditors.
Fund Accountant
HSBC Electronic Data Processing India Pvt Ltd.
04.2011 - 09.2012
- Preparation and review of financial statements of different Hedge Funds, Fund of Funds under Master-Feeder, Standalone, Umbrella structure under IFRS/US GAAP in financial software Geneva.
- Analysis of financial statements and performance of Net Assets.
- Preparation & internal review of Fund Specifics & Checklists of Hedge Funds and other Fund of Funds so as to highlight the intricacies of Funds.
- Co-ordination with Business Partner and Auditors, understanding their requirements and take immediate decisions to cater the same.
Education
Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
11-2010
Company Secretary - Company Laws
Institute of Company Secretaries of India
06-2008
B.Com. (Hons.) - Finance & Accounts
Bhawanipur Gujarati Education Society College
09-2005
12th - Commerce
St. Thomas' Church School
03-2002
10th - Science
St. Thomas' Church School
03-2000
Skills
Geneva
Certification
NCFM Certification of Capital Market (Dealers) Module, 67.5%
Extra-Curricular Activities
Organised social and cultural events in school, college and locality. Keen interest in cricket and football. Represented Cricket Teams at club level competition. Like to travel.
Preferred Location
Pune
Personal Information
Marital Status: Married
Foreign Languages Known
French (Preliminary)
Timeline
Vice President – Accounts & Finance
NIBE Limited
04.2025 - Current
Senior Manager
Ernst & Young
02.2018 - 03.2025
Senior Associate
Goldman Sachs
05.2016 - 02.2018
Assistant Manager
AXA Business Services Pvt. Ltd.
08.2014 - 05.2016
Exempt Non Officer
Credit Suisse Services India Pvt. Ltd.
09.2012 - 08.2014
Fund Accountant
HSBC Electronic Data Processing India Pvt Ltd.
04.2011 - 09.2012
Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
Company Secretary - Company Laws
Institute of Company Secretaries of India
B.Com. (Hons.) - Finance & Accounts
Bhawanipur Gujarati Education Society College
12th - Commerce
St. Thomas' Church School
10th - Science
St. Thomas' Church School
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