NIKHIL LIYA
Financial Controller | Finance Business Parner
Ahmedabad
Summary
Highly committed and accomplished Finance Professional offering 13+ years of profound experience in managing different gamut of Finance& Accounts function of various industries like Telecom, Information Technology (IT), Environmental Consultancy, Solar, Knowledge Process Outsourcing (Offshore Accounting for countries like USA and UK).. Targeting challenging assignments with a reputed organization to achieve management vision & goals in planned and stipulated time frame.
SYNOPSIS:
- Well versed in financial accounting, reporting, reviews up to books-closure
- Adherence to regulatory and compliance requirements
- Strategic Financial Planning, Business Analysis, Budgeting & Auditing
- Demonstrated outstanding performance in handling and executing audits as well as developing and implementing accounting & audit systems, MIS Systems, policies & procedures for Management
- Bottom-line management and project viability analysis.
- A self-starter (driven), good team player and can drive to meet the demand of dynamic organizations.
- Solid conceptual, problem-solving, and analytical skills, willingness to perform detailed analysis based on the needs. Always efforts in the direction of converting Finance Function from Cost-Centre to Profit centre.
- Experience in Overall Banking related operations including Forex & Treasury management
- Experience of handling branch accounting as well as India level operations
- Worked on STPI& SEZ related compliances & processes
Overview
17
17
years of professional experience
19
19
years of post-secondary education
Work History
Finance Director
Lyeloon Limited, Montegic LLP
Ahmedabad
12.2022 - Current
- Www.lyeloon.com/ (A UK Based Start-up providing Accounting & Financial Consultancy Services to clients based out of UK), Work with the team to ensure timely delivery of client reporting
- Training the team on newer projects
- Resolving team client queries
- Reviewing associate and controller-level reporting work
- Management of month-end process including: Preparation and review of monthly
- Management accounts and board pack for the Board of Directors;
- Preparing cash flows and managing cash balances;
- Management, compliance and overall responsibility for VAT returns;
- Provide accurate, relevant and timely MI to the Board and Client Services to ensure that areas of the business under their control can be properly managed;
- To take ownership and review the Management Reporting pack of business performance data, including comparison of actual results against plan and previous year, together with commentary, revenue recognition and Key Performance Indicators
- Assisting with the annual budgeting and quarterly re-forecasting process;
- Production of the annual statutory accounts and internal financial reports;
- Liaising with external auditors regarding the year-end audit and sign off for statutory accounts;
- Management of daily financial operations including management of finance team of associates;
- Continually review, challenge, revise and then implement changes to the accounting and
- Management Information (MI) systems to provide maximum insight into company performance;
- Systems development: review, devise and implement changes to accounting software and produce MI that can be used to aid decision making;
- Supporting with ad-hoc project work: supporting commercial projects related to the continuing growth and development of the business;
- Ensure that all financial controls are in place across the company so as to eliminate financial risk and loss.
- Forecasted trends and recommended improvements based on financial risk analyses.
Assistant Accounts Manager
Analytix Business Solutions (I) Pvt. Ltd
Ahmedabad
06.2021 - 11.2022
- Www.analytix.com (A US Based MNC providing Accounting & Financial Consultancy Services to clients based out of USA), Review and preparation of financial statements, MIS for Management, Billing of clients, Communication with clients and US Office
- Managing team, mentoring resolving their queries, career pathing etc.
- Addressed problems with accounting, billing, and service delivery to maintain and enhance client satisfaction.
- Built and strengthened long-lasting client relationships based on accurate price quotes and customer-centric terms.
- Evaluated client needs and developed tailored solutions to increase positive customer ratings.
Senior Manager
Nepra Environmental Solutions Pvt. Ltd
Ahmedabad
07.2018 - 04.2021
- Eprconnect.in
- One of the fastest growing organisations in Environmental / Waste Management Sector, NEPRA Group consists of various SBU’s and Start-up units wherein I play role of in-charge of Finance & Accounts division
- Environmental Consultancy & Waste Management Company – Core Business (service industry& trading unit)
- Information Technology – Robotics – Artificial Intelligence (service industry)
- Information Technology – Software Development (service industry)
- Information Technology – Project Management and Solar Advisory – Solar Service (service industry)
- Key Deliverables:
- End to end responsibility for Accounts & Finance division of different group companies
- Accounting Overview, Statutory Matters, Taxation, Payroll, Finalization of Books of Accounts
- Working Capital Management
- MIS, Cash Flow, Budgeting, Financial Analysis & other reports to management
- Financial Modeling forecasting for new ventures / projects
- Variance analysis, trend, and commentaries on the business results
- Coordination with Bankers, Government Departments etc
- Inventory movement analysis, Inventory JVs etc.
- GST, TDS, Income Tax overview, payments, returns etc.…
- Established a strong process on collection (receivables), payables, approval matrix etc
- In accounts & finance department
- Preparation of audit schedules and interfacing with the auditors during the financial audit process
- Support the internal customers by providing accurate information in timely manner
- Team Management: Leading a team of 3+ members from Ex /Sr
- Ex profiles
- Day to guidance towards operational things, their evaluation, career path building etc.
- Evaluated hiring and promotions requests.
- Managed large-scale projects and introduced new systems, tools, and processes to achieve challenging objectives.
- Analyzed revenue distribution, bank reconciliations and account analysis documents to execute month-end closing.
- Examined quarterly financials to determine business operating capacity.
Financial Controller
Transit Military Shop Limited, TMS
Dar es Salaam
09.2017 - 07.2018
- Dar-es-Salaam, Tanzania, East Africa : http://tmsafrica.co.tz
- One of the largest Retail (Departmental) Store Chain from Tanzania, MIS, Financial Analysis
- Accounting Overview, Statutory Matters, Taxation, Finalization of Books of Accounts
- Inventory overview
- Cash & Bank overview, Forecasting, Branch Cash follow up etc
- Inventory movement analysis, Expired / Damaged Inventory JVs approvals
- Management Decisions, Bottom Line review, Sales Target reviews
- Prepared accurate financial reports and monthly statements.
- Used Exact Software alongwith Tally 9 ERP to identify and track fraudulent activities.
Manager Finance
Azilen Technologies Pvt. Ltd
Ahmedabad
10.2015 - 09.2017
- Azilen.com/
- One of the fastest growing organisations in Information Technology sector
- Provides software services & software product development, If I describe my profile in one line “Everything & Anything Related to Finance” as I was heading Finance & Accounts Department of the organization
- MIS, Cash Flow, Financial Analysis, Budgets
- Accounting Overview, Statutory Matters, Taxation, Payroll, Finalization of Books of Accounts
- Variance analysis, trend and commentaries on the business results
- Working Capital Management, Receivables & Payable Management
- Purchase
- Treasury / Forex Management, Forward Contract etc..
- Liaising with Bankers and Government Departments etc…
- Established strong processes on collection (receivables), payables, approval matrix etc
- In accounts & finance department
- Preparation of audit schedules and interfacing with the auditors during the financial audit process
- Support the internal customers by providing accurate information in timely manner
- Actively participated in Annual Operating Plan (AOP) by sharing the required financial analysis and projections
- Team Management: Leading a team of 2+ members from Ex /Sr
- Ex profiles
- Day to guidance towards operational things, their evaluation, career path building etc.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Supported operations management, sales, and marketing efforts to increase overall financial health.
Manager Finance
Gateway GlobalSourcing Solutions, Gateway TechnoLabsPvt. Ltd
Ahmedabad
05.2011 - 10.2015
- A unit of Gateway Group of Companies, ://www.thegatewaycorp.com/
- One of the well-known brands in Information Technology sector, largest organisation in small & medium scale group
- MIS :
- Periodic MIS Reporting like Revenue Analysis, Client Analysis, Target vs
- Achievement and BD Team Performance Analysis etc
- Resource related MIS like Resource vs
- Allocation, Allocation vs
- Billing etc
- MIS related to Global Alliances
- Actively participated in Annual Operating Plan (AOP) by sharing the required financial analysis and projections
- Cash Flow:
- Periodic reporting to management regarding the cash-flow statements of organization and all subsidiaries and find out and highlight the variances
- Projection of cash-flows for different geographies and subsidiaries as well
- Profit and Loss (P&L):
- Profitability Analysis like Client wise, Project wise and maintenance of region-wise, geography-wise and Global P&L etc
- Entries in Tally 9 ERP:
- Entries of all Sales Invoices & Collections in Tally 9 ERP
- Bank Reconciliation of all EEFC (Foreign Currency) Accounts
- Statutory Compliances:
- Monthly Payments of TDS, VAT, Service Tax
- Monthly Returns of VAT, Quarterly Returns of TDS
- Support in All Statutory Matters, Government Audits & Finalization
- Payroll (Calculations & Statutory):
- Payroll Calculation including incentives, arrears of increments and other allowances
- Income Tax Calculations
- Others:
- Prepare various reports related to SEZ & STPI Compliances as per the requirement.
Accounts Executive
Metro Wireless Engineering (I.) Pvt. Ltd, TelworksPvt. Ltd
Ahmedabad
05.2009 - 05.2011
- Https://www.metrotelworks.com
- One of the fastest growing organisations in telecom sector (Technical / Engineering sub-contracting)
- Pre-Accounting Audit / Verification:
- As per the company’s established process, was verifying various expenses before accounting
- Like, Expense Reimbursements of Employees, Branch Offices’ Administrative Expenses & Vendors’ Taxi Bills based on Company’s Standard Policies & Vendors’ Quotations
- Communication with Employees, Managers, HODs of different departments & Vendors regarding routine issues, queries & problems
- Entries in Tally 9 ERP:
- After completion of verification process & making documents ready for accounting, was doing various Voucher Entries in Tally
- MIS:
- Branch Visit / Audit:
- As per the requirement visited different branches of the company for Audit & Control check to smoothen the operations
- During the tenure visited Chennai & Cochin
- Inputs to the Management: Analyzed accounts for delinquencies and other ongoing issues.
Trainee (Office Assistant)
08.2006 - 03.2008
- Attended basic work of Tax Audits & Accounts
- Like, Verification of different types of Vouchers, Voucher Entries in Tally, Primary Ledger Scrutiny
- Handled Banking and other Office Routine work
- All Managerial/Administration work of office.
Education
M.B.A - Finance
Sikkim Manipal University
B.Com - undefined
Gujarat University
Post-Graduation Diploma - Financial Management
Ahmedabad Management Association (AMA)
Training - International Financial Reporting Standards (IFRS)
KPMG
04.2001 - 05.2020
Skills
Financial Analysis and Reporting
Personal Details
Date of Birth : 28thFebruary 1989
Marital Status : Married
Languages Known : English, Hindi, Gujarati, and Sindhi
Computer Literacy : MS Office, Internet
Location Preference : Anywhere in the World (even Universe)
I hereby declare that the information furnished above is true & only true.
Timeline
Finance Director
Lyeloon Limited, Montegic LLP
12.2022 - Current
Assistant Accounts Manager
Analytix Business Solutions (I) Pvt. Ltd
06.2021 - 11.2022
Senior Manager
Nepra Environmental Solutions Pvt. Ltd
07.2018 - 04.2021
Financial Controller
Transit Military Shop Limited, TMS
09.2017 - 07.2018
Manager Finance
Azilen Technologies Pvt. Ltd
10.2015 - 09.2017
Manager Finance
Gateway GlobalSourcing Solutions, Gateway TechnoLabsPvt. Ltd
05.2011 - 10.2015
Accounts Executive
Metro Wireless Engineering (I.) Pvt. Ltd, TelworksPvt. Ltd
05.2009 - 05.2011
Trainee (Office Assistant)
08.2006 - 03.2008
Training - International Financial Reporting Standards (IFRS)
KPMG
04.2001 - 05.2020
M.B.A - Finance
Sikkim Manipal University
B.Com - undefined
Gujarat University
Post-Graduation Diploma - Financial Management
Ahmedabad Management Association (AMA)
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