Summary
Overview
Work History
Education
Skills
Interests
Websites
Accomplishments
Timeline
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Mohit Kankani

Mohit Kankani

Chartered Accountant
Hyderabad,Telangana

Summary

Proven expertise in month-end/quarter-end closes, Corporate accounting under IND AS, and multi-entity consolidations, with a track record of reducing close cycles and strengthening GL accuracy. Skilled in transaction structuring (M&A, slump sale, ESOPs, FDI/ODI, buybacks, dividend planning) with demonstrated ability to optimize tax and regulatory positions—achieved savings of over INR 300 Cr through strategic structuring. Solid auditing foundation from Big 6 (Grant Thornton): expertise in IND AS/IGAAP financial statements, ICFR testing, SEBI certifications, and first-time IND AS adoption for listed and private companies. Experienced in building and mentoring high-performing finance teams, driving process excellence, governance, and financial discipline. Industry exposure spans Digital Gaming, FMCG, Supply Chain, GCCs, IT, NBFC, Renewables, Logistics, and Pharma, providing adaptability across diverse business environments.

Overview

9
9
years of professional experience
3
3
Languages

Work History

Sr. Manager, Finance

Head Digital Works Private Limited (A23.com, Cricket.com)
Hyderabad
08.2022 - Current
  • Directed month-end and quarter-end closes (T+5) across multiple entities. Year-end corporate accounting close activities including review and approval of journal entries and account reconciliations and reducing close cycle by 30%. Delivering accurate P&L, Balance Sheet, and Cash Flow reports with actionable variance insights for leaderships.
  • Owned statutory financial reporting under Ind AS and managed end-to-end statutory, tax, internal, and IFC audits with Big 4/Big 6 auditors, ensuring 100% on-time filings with MCA & regulators.
  • Strengthened governance & consolidations for multi-currency entities, improving GL accuracy and reconciliations, cutting open items by 40% through robust RCM/SOP frameworks. Ensured governance & compliance by driving GL hygiene, establishing robust RCM/SOP frameworks, and implementing financial controls across all accounting processes.
  • Advised CFO, CEO & Board/Audit Committee through monthly MIS packs, highlighting performance trends, business risks, and strategic recommendations.
  • Drove business finance initiatives: Rolling forecasts, unit economics (LTV/CAC, contribution margins), ROI modeling, and scenario analysis to guide business decisions, Business Partnering with procurement by evaluating strategic buying, forward buying decisions. Identified savings of INR more than 500crs.
  • Led Indian taxation compliance: Managed Tax Audit (Form 3CD), Transfer Pricing (3CEB), GST filings (GSTR-1/3B/9/9C), TDS/TCS returns, advance tax, MAT workings, and closure of assessments, represented tax logics to various ministries regarding real money online gaming.
  • Partnered with leadership on transaction structuring including M&A, slump sale, capital raises, ESOP accounting, share buybacks, and dividend planning; evaluated FEMA/FDI/ODI implications and coordinated RBI filings (FC-GPR, FLA, FC-TRS). Saved INR 300cr of outflow in transaction structuring. Worked extensively on IPO readiness.
  • Led and developed high-performing finance teams, mentoring accountants/analysts, and instilling a culture of compliance, ownership, and continuous improvement.
  • Experience: Financial reporting, Corporate accounting, Taxation and FP&A
  • Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
  • Implemented and developed operational standards, policies and procedures.
  • Held monthly meetings to create business plans and workshops to drive successful business.
  • Consistently met or exceeded annual performance targets set by senior leadership.
  • Demonstrated exceptional adaptability in navigating complex situations or rapidly changing environments with ease.
  • Consolidated vendors and renegotiated contracts to optimize costs.
  • Championed process improvement initiatives that led to significant cost savings without compromising on quality standards.

Assistant Manager, Finance

Hindustan Unilever Limited
Kolkata
01.2021 - 07.2022
  • Analyzed Refreshments business results and conducted rigorous benchmarking to identify performance gaps.
  • Forecasted & managed Supply Chain costs (INR 5800 Crs), including scenario planning and competition analysis.
  • Business Partnering with supply chain to drive Gross Margin through influencing supply chain cost and providing insightful analysis to leadership to assist decision making (led savings by 150 bps).
  • Redefined SOPs, Developed and Automated various industry specific analysis and financial, bringing timely detailed insights to Leadership team which resulted in savings worth INR 110cr.
  • Collaborated with Procurement on strategic and forward buying decisions to enhance cost efficiency.
  • Month-end and quarter-end accounting closures for TEC and 2 factory units.
  • Key Result Areas: Supply Chain Finance – Refreshments

Sr. Consultant

Grant Thornton Bharat LLP
Hyderabad
04.2016 - 01.2021
  • Executed statutory audits and limited reviews for listed companies, private firms, and LLPs, including developing audit procedures, implementing audit strategies, and finalizing accounts Leading cross-functional teams, overseeing internal compliances, allocating responsibilities, reviewing team work, and presenting deliverables.
  • Preparing and presenting Financial Statements in compliance with Indian Accounting Standards (Ind AS) and Indian GAAP
  • Tested and reported Internal Controls over Financial Reporting (ICFR), assisting clients in implementing enhanced systems and processes.
  • Applying taxation provisions to validate claims for various deductions, resulting in substantial tax savings
  • Statutory and Tax Audit Experience:
  • Industry Exposure
  • GCCs
  • Renewables
  • Dairy, Agriculture
  • Health & Pharma
  • Logistics
  • Information Technology
  • NBFC (Non-Banking Financial Company)
  • Gaming

Education

CFA level 1 -

CFA Institute
06.2019

Chartered Accountant - undefined

ICAI
11.2018

B. Com-H - undefined

Ramjas College, Delhi University
06.2016

12th - undefined

D.A.V Public School
03.2013

Skills

  • Corporate Accounting

  • Auditing

  • Internal Financial Controls Owner

  • Supply Chain Finance

  • IND AS & IFRS

  • Direct Taxation

  • Internal Audit

  • Business Finance & FP&A

  • Corporate Development

  • Investor Relations

Interests

Cricket, Badminton, History

Websites

Accomplishments

  • Transaction and accounting structuring leading to savings of INR 300crs.
  • Developed automated tools which provides insightful data to capture timely buying opportunity as well as competitive benchmarking resulting in savings of INR 95crs and received Spotlight Award for successfully driving margin improvement in refreshment division.
  • Formulated and represented TDS policy for 194BA section including rules and formula to finance ministry and CBDT.
  • Restructured tea sampling and rework operations resulting in savings of INR 35crs.
  • Nominated as OKR champion for the organization.

Timeline

Sr. Manager, Finance

Head Digital Works Private Limited (A23.com, Cricket.com)
08.2022 - Current

Assistant Manager, Finance

Hindustan Unilever Limited
01.2021 - 07.2022

Sr. Consultant

Grant Thornton Bharat LLP
04.2016 - 01.2021

Chartered Accountant - undefined

ICAI

B. Com-H - undefined

Ramjas College, Delhi University

12th - undefined

D.A.V Public School

CFA level 1 -

CFA Institute

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Mohit KankaniChartered Accountant