Oracle
Nikhil Jain
Chartered Accountant
Bangalore,Karnataka
Summary
Accomplished and result-oriented Financial Planning and Analysis professional with extended and strong accounting and finance experience across Oil & Gas, Telecom & e-commerce industries. In-depth experience with financial analysis and understanding of corporate finance concepts and processes. Highly skilled in interpreting and analyzing results and presenting the findings to the management. Excellent financial reporting, Project management, Modeling, Budgeting, Re-forecasting, Management and team building skills. Skilled in Advocating solutions, Actionable recommendations, Mobilizing cross- functional support and facilitating decision making. Successful in managing multiple assignments while meeting tight deadlines in high-pressure environments.
Overview
9
9
years of professional experience
10
10
years of post-secondary education
Work History
Senior Manager FP&A
Qwikcilver Solutions Pvt Ltd
Bengaluru, Karnataka
04.2018 - Current
- Monthly MIS preparation and reporting to Management.
- AOP preparation and submission to corporate
- KPI & KSF presentations to management
- IPO related support & updates on FAQs on prospectus
- leading Due diligences
- Various data reporting and business insight to Investors.
- Financials Vs MIS reconciliations.
- Preparation of fortnightly rolling estimates and presentation to investors.
- Preparation of QPR, FFR & FFR-I Report for banks.
- Reporting to RBI (Qtrly) & handled RBI inspections.
- Credit Approval for client based on their financial ratios.
- Marketing promotions analysis and approvals.
- Cost reduction initiatives.
- Budget Vs Actual expenses review and report circulation to Management.
- Closely working with Leadership team to help them for their presentations.
- Led Board tool implantation for MIS Automation.
- Sensitivity analysis due to COVID-19 impact.
Assistant Manager - FP&A
Idea Cellular Limited
Bengaluru, Karnataka
09.2014 - 04.2018
- Daily Revenue, KPM & MIS preparation and circulation of same to Circle head and all CMTs incl. Corporate (in Hyperion).
- TRAI Reporting (HLR, DHQ & SMS).
- Monthly Revenue finalization in co-ordination with Marketing & Revenue team based on daily projections.
- Monthly Subscriber and Leg wise MOU working.
- Separate preparation and working for 3G.
- Monthly MIS preparation and reporting to Finance Head.
- Budgeting exercise yearly (as per corporate directions).
- Inter Circle transaction reconciliation.
- Preparation and circulation of Circle books of accounts.
- Monthly Cash flow reporting to Corporate.
- Employee Loan reconciliations.
- Quarterly SOA sign off with vendors.
- Monthly, quarterly and annual closing of books of accounts.
- Taking care of various audits.
- Validation of commission payment to ‘MI Idea’ Stores & IP/ISP payout to channel partners.
- Conducted cross functional review to ensure best practices.
- Suggested and implemented process improvements to make sure that payment to vendors is not delayed and having control on duplicate payment, closely monitoring of employee claims thereby resulting in recovery of Rs. 2 lacs in two months period.
- Making vendor payments (~ 3000 vendors) within TAT based on their due dates.
Executive - Finance & Accounts
GMR Energy Limited
Bengaluru, Karnataka
07.2013 - 09.2014
- Preparation of Financial Statements in accordance with relevant statues and Standards issued by ICAI.
- Preparation and e-filing of TDS and Income Tax Returns.
- Preparation of CMA Report for banks.
- Preparation of QPR, FFR & FFR-I Report for banks.
- Working with auditors for finalization of various audit of companies.
- Preparation of Monthly & Quarterly MIS and variance analysis.
- Preparation of various presentations for Board meetings.
- Dealing with LETTER OF CREDIT with banks i.e. SBLC & Usance LC.
- Preparation of Cash Flows.
- Finalization of Monthly and Quarterly books of accounts.
- Preparation & Submission of Various reports to Tamilnadu Electricity Board for PPA Renewal.
- Closely monitoring cost and removing non value added activities which ultimately save cost of company.
- Preparation of AOP.
Education
Chartered Accountant -
ICAI
Delhi 05.2006 - 11.2012
B.Com -
Agra University
Agra 03.2005 - 06.2008
Skills
Budgeting and Forecasting
Variance Analysis
Cost Analysis
Reporting
Financial Statements
Team leadership
Project Management
Strategic planning
Process improvement
M&A
Due diligence
Accomplishments
- Led 3 Due diligences for investment rounds.
- Received letter of appreciation from Group CFO (Pinelabs) on successful completion of Due diligence.
- Got 2 Star Awards for Process Automations.
- Got Excellence Award for Launching IBIPs (A Pan India project for invoice validation).
- Led Oracle implementation at Organization level.
Software
Tally
SAP
Timeline
Senior Manager FP&A
Qwikcilver Solutions Pvt Ltd
04.2018 - Current
Assistant Manager - FP&A
Idea Cellular Limited
09.2014 - 04.2018
Executive - Finance & Accounts
GMR Energy Limited
07.2013 - 09.2014
Chartered Accountant -
ICAI
05.2006 - 11.2012
B.Com -
Agra University
03.2005 - 06.2008