NITHIN BARATHWAAJ
Chennai
Summary
Finance professional with extensive experience at Royal Enfield, specializing in strategic financial planning and process automation. Demonstrated ability to enhance operational efficiency through innovative solutions and effective team leadership. Expertise in budget forecasting and audit coordination, resulting in significant improvements in financial operations and stakeholder engagement.
Overview
10
10
years of professional experience
Work History
Deputy Manager of Finance
Royal Enfield, Unit of Eicher Motors Limited
Chennai
06.2023 - Current
- Managed all accounts payable and fixed assets functions for Royal Enfield, India.
- Executed multiple automation initiatives in accounts payable and fixed asset areas since 2023.
- Launched an internal platform for vendor financing to enhance working capital access for vendors.
- Established a robust payment verification process to prevent excess payments to suppliers.
- Developed processes to identify MSME vendors, ensuring timely accounting and payments to comply with MSME Acts.
- Coordinated with auditors to ensure on-time completion of statutory and tax audits.
- Prepared monthly presentation decks for CFO detailing finance team projects and TAT targets.
- Identified control deficiencies, implementing revised workflows to enhance efficiency and controls.
- As part of Kaizen initiatives, I identified and initiated the bulk scrappage and write-off of fixed assets, and streamlined the cycle count processes across five plant locations.
- Reviewed month-end close activities and ensuring timely completion of tasks within established deadlines.
- Team size handled - 9, comprising of deputy managers and assistant managers.
Assistant Manager - Finance & Accounts
Resulticks Edge Solution Technologies India Private Limited
Chennai
07.2022 - 06.2023
- Forecasted trends and recommended improvements based on financial risk analyses.
- Identified financial discrepancies through thorough documentation review.
- Implemented sector-specific budgets, achieving targeted financial results.
- Monitored budget and revenue trends, compiling reports for leadership decision-making.
- Researched and facilitated software integration to enhance accounting processes.
- Led organization-wide payroll restructuring and implemented new ERP system.
- Initiated cost-saving plan for IT and infrastructure, achieving significant reductions.
- Streamlined monthly management reporting process for improved efficiency and timely book closure.
- Managed monthly financial closing processes and reconciliations for accurate reporting.
- Coordinated audits and ensured compliance with regulatory requirements and internal policies.
- Team size handled - 6, comprising of assistant managers and senior executives.
Executive
S.R Batliboi & Associates LLP
Chennai
09.2021 - 06.2022
- Over 4.5 years of Big 4 work experience in managing/ handling statutory audits of large-listed companies, unlisted public and private companies with sectors including Automobile manufacturing and OEMs, Diversified Industrial and Commercial Products and Service Entities (ITES), Trading and Manpower industries.
- Conducting statutory /shared service center/Group reporting audits under Indian GAAP, Ind AS and IFRS.
- Experience in working with International teams including Germany, UK, Japan, Finland and China.
- Project management in audits from formulation of audit strategy, reviewing the work performed by audit teams, reporting to the audit partner, presentation of audit results to management and providing timely feedback to teams to improve productivity and enable on-the-job development of team members - during internship and post qualification.
- Working level knowledge on Ind AS (IFRS equivalent) diagnostics/assessment for companies and active involvement in first time adoption to Ind AS for companies.
- Handled tax audits and transfer pricing audits.
- Experience in deploying data analytics-based audit approach in clients.
- Actively involved in conducting office-level Knowledge Sharing sessions on Global Audit Methodology Topics and Accounting Standards.
- Team Size handled - 3 to 4 staffs and executives
Intern
S.R Batliboi & Associates LLP
Chennai
02.2016 - 08.2019
- Conducted audits across automotive, manpower services, manufacturing, and trading industries.
- Performed tax and transfer pricing audits for listed and large unlisted private companies.
- Independently managed multiple small to medium sized audit engagements during second and third internship years.
- Engaged in proactive discussions of audit observations with clients and engagement partners for timely resolutions.
- Achieved nomination for best individual intern award for three consecutive years during articleship.
- Received nominations for best performing team award in 2017 and 2018.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
Chennai05.2021
Skills
- Strategic and financial planning
- Budget forecasting
- Process automation
- Team leadership
- Effective communication
- Financial analysis
- Risk assessment
- Audit coordination
- Problem solving
- Stakeholder engagement
Accomplishments
- Received 'Kudos' awards at S.R. Batliboi & Associates LLP for significant individual contributions in audit
- Received 'Gold Standard' rating at S.R. Batliboi & Associates LLP during 2016 2017 and 2018.
- Received multiple nominations and awards as part of the core engagement teams in G360 clientele at S.R. Batliboi & Associates LLP
- Received the 'Employee of the Month' award at Royal Enfield in June 2024 for successfully completing the annual cycle count of fixed assets at all five plant locations
Languages
English
First Language
Tamil
Proficient (C2)
C2
Hindi
Intermediate (B1)
B1
Affiliations
- Automotive enthusiast
- Avid traveler
- Interest in sports: football, cycling, and badminton
- Represented the school in various district and state-level tournaments in athletics and football
References
References available upon request.
Timeline
Deputy Manager of Finance
Royal Enfield, Unit of Eicher Motors Limited
06.2023 - Current
Assistant Manager - Finance & Accounts
Resulticks Edge Solution Technologies India Private Limited
07.2022 - 06.2023
Executive
S.R Batliboi & Associates LLP
09.2021 - 06.2022
Intern
S.R Batliboi & Associates LLP
02.2016 - 08.2019
Chartered Accountant -
Institute of Chartered Accountants of India
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