SAP
Monika Aggarwal
Chartered Accountant
Summary
An All-India Rank-holder in Chartered Accountancy. A seasoned finance professional with 4+ years of experience in the field of Audit, Finance, Tax, Treasury, M&A, Risk Advisory, Accounting and Compliances. Currently working as a Finance Manager at ITC Limited. A smart- working professional with great team management and decision making skills. Also, work well in individual roles.
Overview
4
4
years of professional experience
5
5
years of post-secondary education
2
2
Certifications
Work History
Finance Manager
ITC Limited
Gurugram
10.2021 - Current
- Heading Treasury function of ITC Hotels division
- This involves monitoring and managing the organization's bank relationships, foreign currency exposure, foreign currency payments, cash and liquidity management through cash flow planning and forecasting, payment processing of more than 800 crores, and monthly reporting of all treasury activities to the senior management
- The role also involves preparing financial reports back, investment reports back, and board minutes, liaising with senior management and the finance head of 25 five Star hotels across the organization, and
- Supporting the month-end process with multiple annexures for financial reporting under Ind AS and income tax
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
Assistant Finance Manager
ITC Limited
Gurugram
- Reviewed testing of Internal Financial Control (IFC) for various 5-Star luxury hotels.
- Executed various internal audit engagements such as Central Purchase, Marketing, Human resources, Revenue, Growth and Development, Security, etc.
- Developed and implemented a risk-based audit strategy by the Standard operating procedures, guidelines, and best practices to bring business areas in line with Standard Operating procedures (SOPs).
- Evaluated design and operating effectiveness of audit areas using vouching and reconciliation. Prepared working papers, audit reports, and supporting documentation for audit findings and presented audit results and recommendations to the management.
- Communicated emerging issues, potential risks, and audit results to the departmental heads.
- Working with internal and external managers/unit financial controllers to communicate recommendations.
Solution Advisor
Deloitte
07.2021 - 10.2021
- Merger & Acquisition (FDD), Managed accounting due diligence about acquisition targets, prepared reports for the management based on different aspects such as forecasted revenue, operating cost, headcount, and other income and expenses, conducted quantitative and qualitative analyses of complex data, performed multiple quality checks, and Run-Rate analysis on a headcount basis, prepared data book for different clients stated adjusted EBITDA after management, diligence, and other adjustments
Article Assistant
Mehra Khanna & Co
01.2017 - 03.2020
- Responsible for statutory, tax, bank, and stock audits of listed/unlisted companies in different sectors like Manufacturing , Industrial Cable, Restaurant, Jewelry, Traders, and E-commerce startups.
- Handled various clients' income tax returns, TDS, and TCS return. Prepared submissions for income tax assessments, Form 15CA/15CB. Performed Advance tax calculations and TDS reconciliations for multiple clients.
- Involved in pre-GST Implementation including data migration of VAT/ Sales Tax into GST and conducted various GST training. Prepared various monthly/quarterly/annual GST returns filing, GST registration , and GST reconciliations, also Headed GST audits of various clients' including Individuals, Firms, and Companies.
- Handled Consolidation of Financial statements and preparation of Financial Statements including Cash flows statement of various group companies
- Worked on a cost management project for a leading Manufacturing company and achieved a cost reduction of around Rs.5cr . by building detailed cost data analyses called TUTD (True-up/True-down).
- Assisted an E-commerce Start-up in due diligence for raising an Investment of Rs.10cr. from Angel investors.
Education
Chartered Accountancy - All India Rankholder
The Institute of Chartered Accountants of India (ICAI)
Delhi, India 04.2015 - 05.2020
Bachelor of Commerce (B.Com) -
University of Delhi
Delhi, India 05.2014 - 05.2017
Skills
Budget forecasting
Strategic and financial planning
Relationship building and management
Staff Management
Financial analysis
Written and interpersonal communication
Software
Tally
Marg
Busy
Opera & Micros
MS Office including Advance Excel
Power BI
Accomplishments
- All India Rank - Chartered Accountancy (CA-Finals)
- 1st Runner up State-level Science Competition
Certification
Management Development Program - IIM Lucknow
Interests
Dancing
Cooking
Travel
Movies
Timeline
Finance Manager
ITC Limited
10.2021 - Current
Solution Advisor
Deloitte
07.2021 - 10.2021
Article Assistant
Mehra Khanna & Co
01.2017 - 03.2020
Chartered Accountancy - All India Rankholder
The Institute of Chartered Accountants of India (ICAI)
04.2015 - 05.2020
Bachelor of Commerce (B.Com) -
University of Delhi
05.2014 - 05.2017
Assistant Finance Manager
ITC Limited