LUCKY SINDHI
Chartered Accountant
Gurgaon,HR
Summary
Dynamic finance leader with over 11 years of experience in shaping financial strategy, governance, and shareholder value across diverse sectors, including AgriTech, Automotive, E-commerce, Media, and Entertainment. Expertise includes M&A, capital structuring, treasury management, investor relations, audits, SEBI reporting, and ERP transformation. Proven track record of delivering substantial cost savings while driving business growth and aligning financial operations with corporate objectives. Recognized as a trusted advisor to CEOs, boards, and investors for strategic insights and decision-making support.
Overview
11
11
years of professional experience
Work History
Head Business Finance
DeHaat
04.2023 - Current
- Leading Business Finance, FP&A, IR, Corp Dev & Strategy Planning for the enterprise
- Lead M&A’s contributing INR 250 Crores + to topline & INR 50 Crores + at EBITDA
- Scale the Imports Business for the company to a topline of INR 100 Crores & 2% Ebitda within 7 months of operations
- Leading Treasury portfolio of 750 Crores + for the organization, responsible for Debt fund raise both Organic & Inorganic, Hedging & Currency swaps
- Responsible for AOP delivery, financial modelling, budgets, strategy plans , Variance & trend analysis
- Responsible for Enterprise WC management & cash cycle optimization , eliminated bottlenecks of 70 + Crores in WC & delivering efficiency of 22+ days at an enterprise level
- Responsible for sharing insights on Business Developments to Investors & Bankers
- Acting as a business partner to Business Head’s & Collaborating cross-functionally to streamline financial processes, resulting in improved efficiency and accuracy of financial reporting
Asst Financial Controller
OLX Autos (Naspers’s Owned)
10.2019 - 04.2023
- Responsible for Monthly Closures & End to End Group Reporting for three entities (Indian & Netherland based)
- Leading the SAP & ERP implementation for Indian Entities
- Leading Taxation (Direct, TP, & Indirect) for Indian Entities, responsible for monthly filings, YTD reconciliations, cash loss analysis & handling & (DT & IDT) Assessments, handling Mergers & Acquisitions for the Indian Group companies
- Responsible for Statutory, Internal, IFRS & Tax Audits
- Responsible for detailed monthly cashflows, working capital analysis & control, treasury operations & manage foreign funding’s (FEMA & RBI compliances), managing ECB fundings (Raised USD 36 MN FY 22-23).
- Responsible for MEC, MIS & Cost Variance Analysis, publishing trends and cost center reporting for PAN India
- Responsible for laying down control, drafting policies & control matrix & assist the group in strategy decisions
- Acting as a Knowledge broker to the group w.r.t Indian Tax & strategy initiatives
- Achievements: -
- Gave a cash saving of 13% in G&A Costs
- Lead successful implementation of SAP for the classified entity, managed load cycles & reconciliation for an approx. USD 50 MN enterprise
- Lead E-Invoicing for the group (Implementation & integration)
- Gave a Tax saving of USD 3MN via Restructuring & tax plannings
- Led Service Tax Assessments (USD 300K) & closure in favor of the company
- Gave extra interest income of Rs.36.00 lakhs/Annu (recurring) to the company.
- Reformed & Drafted the working capital policies for the group.
Senior Manager – Controllership
Flipkart (Myntra) -Corporate Office
06.2019 - 10.2019
- Preparation of Financials & Audit Closures of the Holding Company
- Analyze financial data for and create models for decision making
- Defining Strategies and building synergies in inventory consolidation & process improvements
- Leading Inventory Audit, Reporting & process improvement for the biggest warehouse of Myntra
- MIS & MEC Analysis & Presentation (Board Deck), Variance analysis, identify trends and close numbers with Business
- Data Analytics & Design Accounting for Equity Infusions (Ind As Compliances)
Manager -Finance & Accounts
Essel Group (Zee Group) -Corporate Office
05.2016 - 06.2019
- Worked as a core team member in Dish TV Videocon Merger w.r.t analyze the financial impacts and compliance related issues along with SAP migration.
- Lead the IND AS(IFRS) migration& reporting of Videocon to bridge the accounting policies differences with Dish TV.
- Front ending & Reporting Variances via changes in Financial Reporting such as Group’s transition to IFRS (Ind-AS).
- Balance Sheet & P/L Variance Analysis& MIS Reporting for a drilled down perspective to Stakeholders.
- Monthly, quarterly and annual closing of Financial Statements and Reporting to management.
- Designed Derivatives & Forex Accounting& documentation for effective reporting for the entity Dish Tv Ltd.
- Managing& streamlining the Working Capital Cycles, Capital Budgeting and Fund Planning with stakeholders.
- Fixed Assets Reporting& Reconciliations for assets worth Rs. 4,500 crores Approx.
- Reporting and Reconciliation of Related Party Transactions
- Acting as a knowledge broker/Adviser on GAAPs, Compliance on various Group’s strategy initiatives.
- Worked as a core team member for effective implementation of the Vendor & Inter-Company Reconciliation tool at the group level.
- Creating SOP’s for various processes and ensuring compliance thereof.
- Reconciliation and Provisioning of working capital, Buyer’s credit, cash credit &term loan.
- Preparation of the monthly Cash flow & daily funds flow statement, reviewing of Bank reconciliation statement on monthly basis.
- Assisting in preparation of Annual Reports & XBRL filing.
- Working closely with the Auditors, Consultants and financial advisers.
- Training cross teams on statutory and accounting changes, (IND AS Trainer for the Group).
- Achievements
- Awarded Employee of the Year for FY 2016-17 & FY 17-18.
- Awarded the best performer for Q3- 2016-17, Q1 & Q2 FY 2017-2018.
- Recognised as Top Talent for the Finance & Accounts function.
- Reporting to the CEO for Business & Strategy Initiatives.
- Streamlining the payments cycles creating opportunities surplus cash pool which led to an additional income of Rs.9.00 Crores YTD
Assistant Manager -Finance & Accounts
HT Media Ltd. -Corporate Office
11.2014 - 04.2016
- Monthly, quarterly and annual closing of Financial Statements and Reporting to management.
- Reporting & Controlling of the Strategic Business & Investment (Ad for Equity Business), portfolio management, monthly reporting and reconciliations, valuation and Analysis of the deal, reviewing the investment agreements and understanding the financial implications and exposure tothe group.
- Domestic and International transfer pricing for various intercompany transactions in India and Abroad and ensuring compliance thereof as per Companies Act and SEBI Regulation.
- Reporting and Reconciliation of Related Party Transactions.
- Financial Reporting & Controlling of the Overseas Entity, preparing annual operating plans & MIS reports for the management.
- Finalizing the annual report, published results and Consolidated Notes to Accounts.
- Working closely with Auditors for closure of Statutory and Internal Audit.
- Financial Reporting of Group’s ESOP Trusts.
- Core team member on IND AS and ICFR Implementation at the Group level.
Education
IFRS Certification -
ICAI
06.2016
Chartered Accountancy - undefined
ICAI
05.2014
Skills
Financial Modelling ,
ACCOLADES & Professional Interests
- Secured 94% marks in Income Tax (All India Highest).
- Providing IND As Training to various stakeholders.
- Associated with the Income Tax Department Lucknow as a Guest Lecturer for Income Tax Inspectors.
- Took a special session on Indian Tax Laws at Jaipuria Institute of Management, Lucknow.
- Won various International, National & inter school literary and dramatic awards.
- Won various awards in sports & extra-curricular activities.
Timeline
Head Business Finance
DeHaat
04.2023 - Current
Asst Financial Controller
OLX Autos (Naspers’s Owned)
10.2019 - 04.2023
Senior Manager – Controllership
Flipkart (Myntra) -Corporate Office
06.2019 - 10.2019
Manager -Finance & Accounts
Essel Group (Zee Group) -Corporate Office
05.2016 - 06.2019
Assistant Manager -Finance & Accounts
HT Media Ltd. -Corporate Office
11.2014 - 04.2016
Chartered Accountancy - undefined
ICAI
IFRS Certification -
ICAI