Summary
Overview
Work History
Education
Skills
Timeline
Generic
Nitin Kothari

Nitin Kothari

Mumbai

Summary

Strategic and result-driven chartered accountant with 11+ years of diversified experience in financial planning & Analysis, Taxation, Accounting, Treasury and Business Finance across the BFSI, Auto Finance, and Energy Sector. Demonstrated expertise in budgetary control, SAP integration, stakeholder management and tax compliance. Proven ability to lead teams, optimize cost structures, and deliver insightful financial reporting to support top-level decision-making.

Overview

13
13
years of professional experience

Work History

Senior Manager

Waaree Energy Limited
03.2023 - Current
  • Lead accounting and finance function for subsidiary Waaree Energy Storage Solutions Pvt. Ltd.
  • Prepare monthly/quarterly financials for management and Board reporting.
  • Analyzed and optimized project costs using S-curve graphs and MIS tools.
  • Oversaw budgeting and business planning aligned with strategic objectives.
  • Managed treasury operations including fund utilization and cash flow optimization.
  • Preparation of business plan of the company.
  • Ensured compliance with Direct & Indirect Taxation across group entities.
  • Preparing project cost MIS and performing capex spend variance analysis for executive summary.
  • Led cross-functional teams to achieve project milestones and deliver high-quality results.
  • Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
  • Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
  • Achieved operational excellence by streamlining processes and implementing best practices.

Senior Manager

Tata Motors Finance Limited
05.2020 - 07.2023
  • Financial Controller:
  • Preparing monthly, quarterly and annual preparation of financial statement.
  • Analysis of GL movement in Balance sheet and Profit and loss and identifying the reason of the same.
  • Variance analysis of expenses and Income with budget number and given reason to management.
  • Assist in preparation of the budget of the company.
  • Financial MIS and reporting.
  • Assist in the preparation of budget plan of the company.
  • Handling Statutory Audit, Internal Audit and RBI audit.
  • Taxation
  • Analyzing and interpretation of GST Act and Rules and explaining them to the system expert for converting them into specifical specification.
  • Filing of GSTR 1 and GSTR 3B of entire group.
  • Preparation of expenses MIS management and reporting to management.
  • Filing of GSTR 9 and GSTR 9C of entire group.
  • Handling GST audit from department.
  • GST automation of GST in this Group.
  • Filing of Income tax return of entire group.
  • Tax Computation as per IND AS.
  • Calculation of Advance tax on the basis of business plan and estimate of the other business Department.
  • Significant Achievements:
  • Successfully automated GST automation and system integration of Tata Motors Finance (GSP tools with SAP)
  • Provided strong leadership to enhance team productivity and morale.

Chief Manager

Assets Reconstruction Company India Limited
07.2022 - 03.2023
  • Preparation of Company financials for the management review.
  • Preparing project cost MIS and performing capex spend variance analysis for executive summary.
  • Analysis of GL wise movement in balance sheet and profit and loss account and identifying the reason for the same.
  • Continuous Monitoring of cost and budgeted numbers planning so as to take timely action for reduction of cost and meeting the quarter wise profitability targets.
  • Monthly analysis of expenses and preparation of MIS.
  • Responsible for overall function of Direct and Indirect taxation, handling more than 150 trust of group company.
  • Preparation of various MIS and automation of these MIS there by reducing the manual work
  • Excel in devising strategies for top management on financial planning and control.
  • Work with leadership team to design and deploy medium term and long-term strategic business objectives.
  • Handling Treasury management of the company – Proven track record of negotiating and booking with bank for better rate on Fixed deposit.
  • Preparation of the business plan of the company.
  • Automation

Manager

India Infoline Limited
01.2018 - 01.2020
  • Preparation of monthly , quarterly and annually financial statement.
  • MIS reporting of Expenses, Tax Payment and Liability and input comparison.
  • Balance sheet and P&L management.
  • Handled tax audit of entire IIFL group
  • Reconciliation of GSTR 2A with books of entire IIFL group (5 paisa, IIFL Securities, IIFL Finance and IIFL Housing Finance)
  • Calculation of Advance tax, provision and DTA DTL working.
  • Monitoring of TDS demand on trace portal and its disposal by filing correct statement.
  • Preparation of financial statement of entire group.

Deputy Manager

Axis Bank Limited
01.2015 - 01.2018
  • Filing of Income tax return of entire group.
  • Assist in preparation of monthly financial statements.
  • Tax Computation as per IND AS.
  • Calculation of Advance tax on the basis of business plan and estimate of the other business Department.
  • Issuing circulars to the branches for compliance of new provision introduced at the time of budget or circular /notification issued by the CBDT in mid of the year.

Articleship

Ritesh Burad and Co.
01.2012 - 01.2015

Education

CA Final -

The Institute of Chartered Accountants of India
05.2014

B. Com - undefined

Rajasthan University
03.0201

Skills

  • Financial analysis expertise
  • Relationship Building
  • Effective team building strategies
  • Direct Taxation and Indirect Taxation
  • Solution-based approach
  • Variance and Expenses analysis
  • Budgeting and forecasting
  • System Integration with SAP
  • Project Cost Control

Timeline

Senior Manager

Waaree Energy Limited
03.2023 - Current

Chief Manager

Assets Reconstruction Company India Limited
07.2022 - 03.2023

Senior Manager

Tata Motors Finance Limited
05.2020 - 07.2023

Manager

India Infoline Limited
01.2018 - 01.2020

Deputy Manager

Axis Bank Limited
01.2015 - 01.2018

Articleship

Ritesh Burad and Co.
01.2012 - 01.2015

B. Com - undefined

Rajasthan University

CA Final -

The Institute of Chartered Accountants of India

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Nitin Kothari