MEGHA SINGHAL
Senior Business Associate
Pune
Summary
A certified CMA (ICWA) and an MBA in Finance professional with over 9 years of expertise in Corporate Finance and Accounts. Skilled in internal and management audit of international branches, ensuring compliance with accounting standards, and finalizing accounts within specified timeframes. Proven track record in managing financial aspects of power projects, loan schedules, and processing claims for funding agencies. Additionally, experienced in financial modeling of renewable energy and transmission projects. Proficient in SAP Financial Accounting, International branch accounting, Variance Analysis, Accounts reconciliations, Financial analysis, and Auditing. Recipient of the "Best Team" award twice and the "Bravo" award in FY 2023-24 for exceptional performance.
Overview
16
16
years of professional experience
2022
2022
years of post-secondary education
3
3
Certificates
2
2
Languages
Work History
Senior Business Associate
Tech Mahindra Limited
12.2021 - Current
- Preparation of Financials of the various International branches as per Accounting standards and International Financial Reporting Standards (IFRS)/ Local Principles requirements.
- Support in preparation of Standalone Financial Statements, Schedules and Reports.
- Review Branch reconciliations to ensure complete and correct accounting in all branches and also to ensure minimum open line items.
- Support internal and external audits, proving audit requirement and resolving all queries of the auditors ensuring timely closure of Audit with respect to each branch.
- Foreign exchange revaluation and analysis of Foreign exchange gain/(loss).
- Global Accounting Reconciliations and Variance analysis reporting.
- Support to Tax team for Income Tax returns filling, Transfer pricing return & other survey filling for the respective branch.
- Processing of the Purchase orders, SES & Invoices of various vendors in SAP Fiori.
- SAP Financial Accounting
- Processing all the letter of engagements with the consultants for various branches & ensuring they are cost effective as per their tasks.
Student (CMA/ICWA)
The Institute of Cost Accountants of India
05.2016 - 03.2021
- Completed the professional course of CMA (ICWA) in March, 2021 from The Institute of Cost Accountants of India.
Regulatory Officer - Finance
Maharashtra Electricity Regulatory Commission
04.2013 - 04.2015
- Determination of Tariff for the Electrical Utilities as per the MERC Regulations.
- Financial Analysis and DPR evaluation regarding Capex proposals of Utilities.
- Financial scrutiny of the Renewable Energy Petitions filed with the Commission.
- Worked on Financial Modeling of the Renewable Energy Projects & Transmission Projects.
- Draft of Orders for the Petitions filed by the Utilities & consumers.
- Worked on the Electricity Regulations & Policy Framework.
- Provided necessary assistance in the Finalization of Accounts of the Commission.
- Handled the Banking & Treasury activities of the Commission.
- Financial Vetting of the Bills & other documents pertaining to the expenditure incurred for the smooth functioning of the Commission.
- Resolution of the queries pertaining to the Audit of the Commission - Transaction, Performance & Financial.
Manager - Finance
Accura Infotech Private Limited
11.2011 - 03.2013
- Project Funding and Corporate Funding (both debt and equity) for the entire group.
- Preparation of Financial models for the projects for fund raising and to study the viability of the project.
- Preparation of CMA data and Detailed Project Reports for submission to Financial Institutions (FIs) and Banks.
- Coordination and Liaison with Banks and NBFCs for sanctions, syndication, documentation and drawdown.
- Worked closely with the project development team to identify, analyze, and executed the most optimum financing solution for project.
- Prepared and presented documents for Equity deals to potential investors for several projects of the company.
- Worked on the Proposal of various debt instruments like Term Loan, Working Capital Loan, Bank Guarantee, Lease Finance, Short Term Working Capital Demand Loan, and Loan against Property.
- Preparation of Techno-Economic Feasibility Report along with Consultants.
- Preparation of information memorandums & other reports for Board of Directors & Top management.
Finance & Accounts Manager
Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co.Ltd.
10.2009 - 10.2011
- Company Overview: (Govt -PSU)
- Handled the financial aspects of various Power Projects undergoing in the Company like R-APDRP, RGGVY etc.
- Maintained the Accounts of different Loans taken by the Company from Government (State + Central) and other Financial institutions as per the Indian Accounting Standards.
- Maintained the Loan schedules for Principal and Interest repayments of the various Loans.
- Processed and submitted Claims to various Loans funding agencies like ADB, PFC, REC etc.
- Reviewed all loans reconciliations time to time and ensuring that general ledger accounts are accurately stated.
- Responsible for constant communication with key personnel & project associates of FIs and Company.
- Undertaken the task of Financial Evaluation/Vetting of Tenders related to procurement and Works contracts.
- Established Letter of Credit (LCs) from Banks for undertaking the payment procedures through it.
- Selection of Banks through tendering process for FDRs Investment.
- Monitored and maintained the Revenue Management system of the Company.
- Performed the task of meeting the Budget Estimates for Loans as desired by State + Central Government.
- Close Liaison with the Team working for implementation of ERP in the Company.
- Handled end to end Banking & Treasury activities of the Company.
- (Govt -PSU)
Lecturer (MBA)
TIETECH
03.2009 - 09.2009
- Taught Finance subjects as per academic curriculum to students.
- Observed students & provided proper guidance to them.
- Monitored and maintained high student morale and motivation and assisted them with projects/ thesis.
Education
CMA (ICWA) -
The Institute of Cost Accountants of India
MBA (Finance) - Finance
Prestige Institute of Mgmt. & Research, Indore
B.Com. - undefined
Mata Gujri Mahila Mahavidyalaya
XII - undefined
Christ Church Girls Senior Sec. School
X - undefined
Christ Church Girls Senior Sec. School
Skills
Financial Accounting
Certification
AMFI Mutual Fund (Advisors) Module
Timeline
Senior Business Associate
Tech Mahindra Limited
12.2021 - Current
Student (CMA/ICWA)
The Institute of Cost Accountants of India
05.2016 - 03.2021
Regulatory Officer - Finance
Maharashtra Electricity Regulatory Commission
04.2013 - 04.2015
Manager - Finance
Accura Infotech Private Limited
11.2011 - 03.2013
Finance & Accounts Manager
Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co.Ltd.
10.2009 - 10.2011
Lecturer (MBA)
TIETECH
03.2009 - 09.2009
MBA (Finance) - Finance
Prestige Institute of Mgmt. & Research, Indore
B.Com. - undefined
Mata Gujri Mahila Mahavidyalaya
XII - undefined
Christ Church Girls Senior Sec. School
X - undefined
Christ Church Girls Senior Sec. School
CMA (ICWA) -
The Institute of Cost Accountants of India
Languages
English
Hindi
Personal Information
Date of Birth: 12/27/85
Professional Snapshot
CMA (ICWA), MBA(Finance) with 9+ years enriched experience of Corporate Finance & Accounts in IT Sector, Power sector (Utilities & Regulatory Body) & Service Industry.
ð Relevant Skills:Financial Accounting, Record to Report, Global Accounting Reconciliations, Auditing, IND-AS, IFRS, Financial Reporting, General Ledger Accounting, Month End Reporting.
ð Technical Skills:SAP Fiori, MS Office, Tally ERP9, XERO, QuickBooks.
Awards Accomplishments
- ACE (Associates Consistency Excellence) Award, 2024-25, for consistent excellent performance in previous 2 years.
- BEST TEAM, 2023-24, twice in Quarter 1 & Quarter 3 in Tech Mahindra from my Business head.
- BRAVO, 2023-24 & 2024-25, for timely Audit completions in Tech Mahindra from my Reporting Manager.
Personal Information
Date of Birth: 12/27/85
Professional Snapshot
CMA (ICWA), MBA(Finance) with 9+ years enriched experience of Corporate Finance & Accounts in IT Sector, Power sector (Utilities & Regulatory Body) & Service Industry.
ð Relevant Skills:Financial Accounting, Record to Report, Global Accounting Reconciliations, Auditing, IND-AS, IFRS, Financial Reporting, General Ledger Accounting, Month End Reporting.
ð Technical Skills:SAP Fiori, MS Office, Tally ERP9, XERO, QuickBooks.
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