Hersha Kachhela
Mumbai
Summary
Results-driven FP&A professional with expertise in financial modeling, budgeting, forecasting, and variance analysis. Provides strategic financial guidance to senior management and supports decision-making processes in high-growth environments. Proven track record of implementing effective financial strategies that drive business growth and profitability.
Overview
11
11
years of professional experience
Work History
Business Finance Manager (FPnA)
LUPIN DIAGNOSTICS LIMITED
01.2023 - Current
- Development and implementation of a new financial forecasting model resulting in significant improvement in forecast accuracy and aiding strategic decision-making
- Collaborated with Bain consultancy team to develop comprehensive business strategies, financial plans & Business Model for the next 5 years
- Developed and automated the budget preparation system using COGNOS software, enhancing data processing and reporting capabilities
- Assisting management with cash flow analysis of benefits from new projects / large capex investments using data points like ROCE and XIRR along with competitor analytics
- Drive revenue optimization initiatives and implement cost control measures to enhance profitability
Treasury Manager
SULA VINEYARDS LIMITED
05.2022 - 12.2022
- Planning capital infusion, intercorporate funds deployment and structuring of loans to optimize finance cost at group level after considering impact on taxation, legal and valuation
- Cash Flow forecasting for multiple business formats and formulating short term fund management strategies based on same
- Implementing controls and risk mitigation rules for payment and collection activities with reporting to management on exceptions or significant impact on cash flow planning
- Leading paperless initiative and automation of critical activities of Finance desk to implement zero slippage policy
Deputy Treasury Manager
ICICI BANK LTD
09.2020 - 05.2020
- Valuation of domestic equity, mutual fund & debt instruments including corporate bonds & government securities of Alpha desk and reporting breach of limits to senior management
- Preparation of quarterly stress testing reports for G-sec & corporate bonds along with quarterly valuation of CP/CD T-bills as per US GAAP
- Comparing actual interest income with budgets of fixed income and money market products and identifying the reason for variances
- Preparation of BLR 5 return for RBI filing & Monitoring of limits for investments made under TLTRO & SLF scheme by the bank on account of moratorium
Articleship Experience
08.2013 - 08.2016
- Internal Audits of Bank and filing MCA Annual Returns (XBRL)
- Project Finance: Preparation of Projected Financial Information and CMA Data
- Preparation of Tax Audit Reports and Income Tax Returns
Education
Chartered Accountant -
ICAI
11.2019
B. Com -
Mumbai University
06.2015
H.S.C -
Maharashtra State Board
03.2012
S.S.C -
03.2010
Skills
- Financial Management
- Financial Budgeting
- Financial Analysis
- Cash Flow Management
- Continuous Improvement
Timeline
Business Finance Manager (FPnA)
LUPIN DIAGNOSTICS LIMITED
01.2023 - Current
Treasury Manager
SULA VINEYARDS LIMITED
05.2022 - 12.2022
Deputy Treasury Manager
ICICI BANK LTD
09.2020 - 05.2020
Articleship Experience
08.2013 - 08.2016
Chartered Accountant -
ICAI
B. Com -
Mumbai University
H.S.C -
Maharashtra State Board
S.S.C -
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