Hrishikesh Nair
Mumbai
Summary
Results-driven financial consultant with over 4 years of experience across Consulting, Banking, FMCG, and Pharma sectors. Expertise in FP&A and financial statement analysis has enabled a track record of driving strategic decisions and identifying cost reduction opportunities. Proven ability to automate processes and enhance the reliability of management reporting for improved operational efficiency.
Overview
6
6
years of professional experience
1
1
Certification
Work History
FP&A Manager
CIPLA Ltd
Mumbai
05.2023 - Current
- Spearheaded the FP&A function for India & overseas operations, managing a spend base of ~INR 12 billion. Directed annual budgeting, spend adherence, variance analysis, plant-wise OPEX analysis, and management reporting.
- Acted as a finance partner for manufacturing, quality, and administrative functions (MQA) across all India-based manufacturing units.
- Led cost optimization initiatives, project evaluations, and served as the finance evaluator for OPEX-saving ideas across Pan-India units.
- Conducted business case analyses for new investment opportunities and performed make vs. buy analyses to support strategic decision-making.
- Prepared monthly MIS reports for MQA OPEX across Pan-India units, analyzing drivers for actual vs. budget variances. Executed monthly and quarterly variance analyses, identifying drivers of controllable costs to achieve target budgets.
Finance Manager
Avenue Supermarts Limited
Thane
07.2021 - 05.2023
- Prepared standalone and consolidated financial statements in accordance with IND AS accounting framework and ICAI guidelines.
- Conducted monthly variance analysis of operating expenses and balance sheet items, presenting dashboard reviews to the CFO and senior management.
- Coordinated diligently with statutory auditors and stakeholders to ensure timely and effective audit completion, addressing queries promptly to minimize audit observations.
- Prepared projected financials for a subsidiary company based on management forecasts, and performed company valuation for the rights issue of shares.
- Tested internal financial controls for both parent and subsidiary companies, ensuring compliance with management-defined procedures.
- Independently managed the automation of functionalities in SAP and BI projects, enhancing efficiency in the accounts, treasury, and payables sections.
Management Trainee (M1) - TCSG
ICICI Bank Limited
Mumbai
03.2021 - 06.2021
- Managed gold metal finance transactions and outright deliveries by ensuring client credit limits adhered to bank-held collateral, reconciling stock with logistics partners, and overseeing seamless delivery execution.
Article Assistant
Manoj Deokar and co
Kalyan
12.2018 - 02.2021
Education
CGMA -
Chartered Institute of Management Accountants
INDIA01.2024
Chartered Accountant -
The Institute of Chartered Accountants of India
INDIA02.2021
Skills
- MS Office
- Power BI
- SAP ECC
- Tally
- Team leadership
- Project Management
- Financial analysis
- Management reporting
Certification
- ACA
- CGMA
- M.Com
Accomplishments
- Introduced a Capex model for business processes, replacing the outsourcing model, resulting in annual OPEX savings of INR 5 crores.
- Consistently monitored PLI sales and collaborated with site teams on production, stock, and shipment, contributing to the achievement of a INR 200 crore incentive for the company.
- Implemented SAP automation projects to streamline transaction recording and ensure accurate reporting. Transitioned a new business vertical from traditional methods to SAP, enhancing efficiency and accuracy.
Languages
Hindi
First Language
English
Upper Intermediate (B2)
B2
Marathi
Upper Intermediate (B2)
B2
Malayalam
Intermediate (B1)
B1
Timeline
FP&A Manager
CIPLA Ltd
05.2023 - Current
Finance Manager
Avenue Supermarts Limited
07.2021 - 05.2023
Management Trainee (M1) - TCSG
ICICI Bank Limited
03.2021 - 06.2021
Article Assistant
Manoj Deokar and co
12.2018 - 02.2021
CGMA -
Chartered Institute of Management Accountants
Chartered Accountant -
The Institute of Chartered Accountants of India
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