Mohil Jain
Chartered Accountant
Summary
Results-driven finance professional with 6.5+ years of expertise in treasury operations, risk management, commodity hedging, and liquidity optimization. Adept at designing robust financial strategies, mitigating FX/commodity risks, and ensuring regulatory compliance (IFRS 9, FEMA, RBI). Proven track record in enhancing treasury efficiency and driving cost savings through innovative hedging solutions.
Overview
13
13
years of professional experience
6054
6054
years of post-secondary education
Work History
Hindustan Unilever Limited
02.2023 - Current
- Company Overview: FMCG Conglomerate
- Spearheaded cash flow hedge accounting for $3Bn+ commodity exposures, achieving 100% compliance with IFRS 9 and Unilever policies
- Engineered FX/commodity risk strategies, reducing financial volatility through dynamic hedging and derivative instruments
- Led Virtual Power Purchase Agreement (VPPA) financial modeling, mitigating energy price risks for 10+ manufacturing sites
- Streamlined treasury workflows via cross-functional collaboration, cutting reporting time by 30% through automation
- FMCG Conglomerate
Morgan Stanley
02.2021 - 02.2023
- Company Overview: Investment banking
- Minimized $20B+ restricted currency exposure through daily P&L validation and derivative hedging, reducing forex impact
- Revamped FX revaluation processes, enhancing accuracy and ensuring SOX compliance
- Led infrastructure setup and account maintenance projects, ensuring proper integration with hedging workflows
- Supported subsidiary entities in their risk management programs through forex risk management and hedging strategies
- Investment banking
Mazars Business Advisors
02.2020 - 02.2021
- Company Overview: Risk management
- Designed derivative hedging frameworks for Fortune 500 clients (Vedanta, Cipla), slashing commodity price risks
- Conducted stress testing and valuation for $1B+ derivative portfolios, optimizing risk-return ratios for client portfolios
- Designed and implemented derivative hedging strategies for clients Vedanta, Cipla, and Polycab (Manufacturing giants)
- Performed derivative valuations, stress testing, and statistical analysis
- Advised on IFRS 9 implementation, achieving zero audit exceptions for 10+ corporate clients
- Conducted internal audits of treasury operations for various corporate clients
- Risk management
Atul Ltd
05.2018 - 01.2020
- Company Overview: Chemical Conglomerate
- Managed daily liquidity and invested surplus funds to maximize treasury income
- Liaised with banks for investment products and coordinated with rating agencies
- Identified and executed hedging strategies using forwards and options to mitigate FX risk
- Developed relationships with financial institutions and ensured compliance with FEMA and RBI guidelines
- Made capital financing decisions and drafted executive analysis reports
- Chemical Conglomerate
CA Intern
Vikas Bhandari & Co.
01.2013 - 06.2016
- Statutory Audit: Finalization of financial statements, Compliance of accounting standards and Planning audit procedures on various items of accounts of Company
- Internal Audit: Checking compliance of policies of company, Review of source documents to ascertain compliance with Internal Control Procedures, Scrutiny of Sundry Debtors & analysis of collection period, reporting in areas specified in Scope of Audit
- Stock Audit: Finalization of Stock Audit Reports & follow up with clients
- Concurrent Audit: Handling & finalization of bank reports, Follow up with Bank staff
CA Intern
Gupta & Ashok
04.2012 - 12.2012
- Statutory Audit: Finalization of financial statements, Compliance of accounting standards and Planning audit procedures on various items of accounts of Company
- Internal Audit: Checking compliance of policies of company, Review of source documents to ascertain compliance with Internal Control Procedures, Scrutiny of Sundry Debtors & analysis of collection period, reporting in areas specified in Scope of Audit
- Stock Audit: Finalization of Stock Audit Reports & follow up with clients
- Concurrent Audit: Handling & finalization of bank reports, Follow up with Bank staff
Education
CIMA -
Chartered Institute of Management Accountants
Chartered Accountants - Finance
Institute of Chartered Accountants of India
01-2017
B. Com -
Vikram University
XII - undefined
CBSE
X - undefined
CBSE
Skills
Treasury & Cash Flow Management
Liquidity Optimization
FX & Commodity Risk Mitigation
Hedge Accounting (IFRS 9/Ind AS 109)
Internal Audit & Control
Regulatory Compliance (SEBI, FEMA)
Communication and Presentation Skills
Other Participations
- Attended online course on Behavioral Finance from Indian School of Business Via Coursera (Online Study Platform)
- Completed basic Blockchain course from INSEAD Institute Via Coursera
- Cleared National Stock Exchange (NSE) – Investment and Portfolio Management Module.
- Cleared Modeling risk and realities exam of University of Pennsylvania via Coursera.
Sports And Extra Curricular Activities
- Yoga: Finding balance and a bit of calm in the midst of a busy day.
- Vipassana Meditation: Exploring deeper levels of self-awareness and inner peace.
- Writing on Quora/LinkedIn: Enjoy sharing what I know and connecting with others through writing.
- Teaching: Passionate about helping others learn and grow.
- Traveling: Always eager to discover new places and perspectives.
- Bibliophile: There's nothing like getting lost in a good book
- Cycling : Enjoy the freedom of exploring new paths and staying active.
- Swimming : Love the feeling of being in the water, it's a great way to unwind and stay fit.
Timeline
Hindustan Unilever Limited
02.2023 - Current
Morgan Stanley
02.2021 - 02.2023
Mazars Business Advisors
02.2020 - 02.2021
Atul Ltd
05.2018 - 01.2020
CA Intern
Vikas Bhandari & Co.
01.2013 - 06.2016
CA Intern
Gupta & Ashok
04.2012 - 12.2012
XII - undefined
CBSE
X - undefined
CBSE
CIMA -
Chartered Institute of Management Accountants
Chartered Accountants - Finance
Institute of Chartered Accountants of India
B. Com -
Vikram University