Summary
Overview
Work History
Education
Skills
Certification
Work Availability
Timeline
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Nirav Dalal

Nirav Dalal

Chartered Accountant, IIM - Lucknow
Kandivali, Mumbai

Summary

A Chartered Accountant and IIM - Lucknow (Strategic Finance) with 21 years of work experience in Audit & Assurance, General Insurance, Merchant Acquiring and Start-up. Building and leading high performing teams, evaluating business opportunities, tracking business performance.


Overview

21
21
years of professional experience
2
2
Certificates

Work History

Group Finance Controller (Advisor Since May 2019)

Shotformats Group (Matrix Partners Investee company)
12.2014 - Current

Shotformats and its group Companies have business interests in the areas of

  • Value Added Services to Telecom operators
  • Mobile Insurance & Distribution
  • Mobile Refurbishing

ACHIEVEMENTS:

  • Raised US$2M debt for the company
  • Setup professionally run Finance and Accounts function
  • Created a structured monthly MIS system, including Segment wise profitability
  • Planned and executed a new line of business
  • Optimised cost through re-negotiation of content contracts, restructured compensation structure

RESPONSIBILITIES:

  • Business Finance and Strategy planning
  • Finance Controlling
  • Oversee major compliances Liaise with tax firms & implement optimum tax structure
  • Deliver robust and accurate analysis of business performance Continue to drive improvement in reporting processes

Financial Controller

First Data India/ICICI Merchant Services
01.2010 - 12.2014
  • First Data (now Fiserv) is a provider of electronic commerce and payment solutions,

ACHIEVEMENTS: Received several awards under the below categories:

  • Customer First - Restructured the Compensation for greater tax efficiency
  • Lead by Example - Managed Accounting & Reporting within timelines with 50% of the strength
  • Drive for Results - Cleared the backlog of accounting, audit and tax-returns filing, managed statutory audits in a span of 6 months Effectively handled
  • Recruitment and operationalization of Finance team
  • Obtained US$ 2M refund from Indian Tax office

RESPONSIBILITIES:

  • Finance Controlling
  • Management Information Systems
  • Finance and Business Planning
  • Direct/Indirect tax Compliance

Deputy Manager

Tata AIG General Insurance Co. Ltd
08.2006 - 01.2010

A leading General Insurance Company in India


RESPONSIBILITIES:

  • Preparation of financial statements as per Indian GAAP, Cash Flow, projected profitability statement and Solvency Margin
  • Analytical review of the Financials
  • Variance analysis between actual & budgeted nos.
  • Internal and Statutory Audits.

Assistant Manager

Deloitte Haskins & Sells
03.2005 - 08.2006

One of the big four professional services firms providing audit, tax, consulting, enterprise risk and financial advisory services


RESPONSIBILITIES:

  • Conducting audits as per Indian GAAP, Auditing & Assurance Standards (AAS) and Risk Based Deloitte Audit Approach
  • Conducting special assignments as per terms of engagement
  • Plan and manage statutory audit engagements of Life and Non-life Insurance Companies, Mutual Fund schemes and Mutual Fund AMC.

Audit Assistant /Articled Trainee

Chandabhoy & Jassoobhoy
07.1997 - 02.2005

A mid-sized audit firm providing audit, tax and consulting services

RESPONSIBILITIES:

  • Conducting audits as per Indian GAAP, Auditing & Assurance Standards (AAS)
  • Conducting special assignments including financials due diligence as per terms of engagement.

Education

Executive Programme in Strategic Finance -

IIM - Lucknow
10.2022 - 08.2023

Chartered Accountant -

Institute of Chartered Accountants of India

Bachelor of Commerce (B.Com) -

Narsee Monjee College of Commerce And EconomicsMumbai University
01.1992 - 04.1997

Skills

    Strategic Finance

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Certification

Design Thinking for Problem Solving– Wiley NXT

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline

Design Thinking for Problem Solving– Wiley NXT

01-2023

Storytelling and Data Visualization – Wiley NXT

11-2022

Executive Programme in Strategic Finance -

IIM - Lucknow
10.2022 - 08.2023

Group Finance Controller (Advisor Since May 2019)

Shotformats Group (Matrix Partners Investee company)
12.2014 - Current

Financial Controller

First Data India/ICICI Merchant Services
01.2010 - 12.2014

Deputy Manager

Tata AIG General Insurance Co. Ltd
08.2006 - 01.2010

Assistant Manager

Deloitte Haskins & Sells
03.2005 - 08.2006

Audit Assistant /Articled Trainee

Chandabhoy & Jassoobhoy
07.1997 - 02.2005

Bachelor of Commerce (B.Com) -

Narsee Monjee College of Commerce And EconomicsMumbai University
01.1992 - 04.1997

Chartered Accountant -

Institute of Chartered Accountants of India
Nirav DalalChartered Accountant, IIM - Lucknow