Nishit Mehta
Mumbai
Summary
Expertise in leading end-to-end financial operations with nearly 13 years of progressive experience across diverse industries, specializing in budgeting, forecasting, compliance, and financial reporting in alignment with corporate objectives and regulatory frameworks. Showcased excellence in financial leadership at Asteria Aerospace Limited by driving strategic initiatives, monitoring Financial Planning and Analysis (FP&A), and ensuring optimal resource allocation aligned with organizational growth objectives.
Overview
17
17
years of professional experience
Work History
Finance controller
Dun & Bradstreet
Mumbai
2025.09 - Current
- Managed financial reporting processes for accuracy and compliance.
- Coordinated audit activities with external auditors to ensure compliance with regulatory requirements.
Finance Controller/Lead Finance
Asteria Aerospace Limited
Bangalore
2021.08 - 2025.08
- Directing corporate decision-making and financial planning by establishing policies and procedures to enhance overall fiscal performance.
- Conducting regular financial performance reviews with senior leadership, delivering actionable insights to support strategic business decisions.
- Preparing accurate and timely financial statements including balance sheets, cash flow reports, and income statements.
- Completing financial statement audits with precision and performing in-depth result reviews to ensure transparency and compliance.
- Streamlining accounts payable and receivable operations, driving efficiency gains that reduce outstanding debts and improve cash flow availability.
- Managing and mentoring a team of finance professionals, fostering a culture of continuous improvement and professional development.
- Implementing robust internal controls to mitigate financial risks and ensure full compliance with relevant regulatory frameworks.
- Achieved a 15% reduction in outstanding receivables by streamlining accounts payable and receivable processes, leading to improved cash flow.
- Increased financial reporting efficiency by 25% through the implementation of revised month-end close procedures and automation initiatives.
- Led a team of finance professionals and achieved 100% audit compliance across two consecutive fiscal years.
- Identified cost-saving opportunities through variance analysis, contributing to a 10% improvement in overall expense management.
- Successfully implemented internal control enhancements that reduced financial discrepancies by 30% year-over-year.
Senior Manager - Financial Reporting
Reliance Jio Infocomm Ltd.
Mumbai
2015.04 - 2021.08
- Prepared monthly, quarterly, and annual financial statements in compliance with Ind-AS, ensuring accurate and timely financial disclosures.
- Conducted detailed variance analysis to identify and explain key drivers impacting financial performance, aiding in strategic decision-making.
- Collaborated closely with external auditors to ensure timely audit completion and effectively resolved audit queries and issues.
- Led strategic financial planning and performance analysis for foreign subsidiaries of Jio Infocomm, supporting cross-border financial oversight.
- Ensured strict adherence to internal controls and corporate accounting policies, maintaining compliance and governance standards.
- Executed month-end close procedures, enabling timely and accurate financial reporting for leadership review.
Manager - Indirect Taxation
Reliance Industries Ltd.
Mumbai
2012.12 - 2015.03
- Provided timely and accurate information on various aspects of indirect taxation to support business operations and ensure compliance.
- Played a key role in creating a centralized repository for indirect taxation documentation, improving accessibility for internal teams.
- Fostered strong relationships with government authorities to ensure efficient communication and resolution of indirect taxation matters.
- Delivered tailored solutions to clients dealing with complex or unique indirect taxation challenges, enhancing client satisfaction and compliance outcomes.
Associate Article
Kishor V Parekh & Co.
Mumbai
2008.06 - 2012.07
- Analyzed accounting data from multiple client organizations to ensure accuracy and compliance with regulatory standards.
- Managed direct taxation processes and handled matters related to company law, ensuring adherence to statutory requirements.
- Executed various certification assignments, supporting clients in fulfilling legal and financial obligations.
- Enhanced audit execution strategies by developing and implementing comprehensive audit plans for improved efficiency and coverage.
Education
Chartered Accountancy (Final) -
Institute of Chartered Accountants of India
Mumbai05.2012
Bachelor of Commerce - Mumbai University
V.G. Vaze College
Skills
- Effective communication
- Problem solving
- Adaptability and determination
- Analytical skills
Languages
- English
- Hindi
- Gujarati
- Marathi
Personal Information
Date of Birth: 04/03/91
Key Impact Areas
- Strategic Financial Management
- Regulatory Compliance
- Risk Assessment and Mitigation
- Performance Measurement
- Financial Process Optimization
- Corporate Governance
- Stakeholder Engagement
- Financial Policy Development
- Resource Allocation Strategies
- Business Performance Improvement
Timeline
Finance controller
Dun & Bradstreet
2025.09 - Current
Finance Controller/Lead Finance
Asteria Aerospace Limited
2021.08 - 2025.08
Senior Manager - Financial Reporting
Reliance Jio Infocomm Ltd.
2015.04 - 2021.08
Manager - Indirect Taxation
Reliance Industries Ltd.
2012.12 - 2015.03
Associate Article
Kishor V Parekh & Co.
2008.06 - 2012.07
Chartered Accountancy (Final) -
Institute of Chartered Accountants of India
Bachelor of Commerce - Mumbai University
V.G. Vaze College