Pankaj Arora
Director Finance
Gurugram
Work Preference
Summary
- Orchestrated the entire finance function, supervising end-to-end responsibilities in accounting, Financial Reporting, Insurance, Banking, Taxation, and Compliances.
- Dynamic, Dedicated & Strategy professional with expertise in overcoming complex business challenges and making high stake financial decisions using experience- backed judgment & work ethics.
- Designing framework for Internal Controls over Financial Reporting (ICoFR framework) to ensure accuracy, reliability and compliance of financial statement.
- Notable success in enhancing revenue through trend analysis and pricing strategy.
- MIS, departmental budgets, forecast and analyze revenue performance & trends of existing & new business avenues/projects.
- Proven capabilities in Management Reporting and assisting in board room decision-making by conceptualizing performance evaluation KPIs, SOPs & Metrics for the team.
- Insightful intelligence in formulating new accounting policies & procedures, driving business reporting to more accurate and informative, due diligence, compliance with applicable standards, process & efficiency improvements, and resource management.
- Excellence in performing FP&A, SGA analysis, budgeting, financial modeling, forecasting, quarterly portfolio reviews, project evaluation & forecasting to resolve potential revenue leakages.
- Financial consolidation, mergers, demergers & acquisitions, project financing, business strategy, valuations.
- Catalyst for Forensic audits, financial audits, operational review, compliance audits & drive process improvement initiatives.
- Curator of white paper, policies, SOP & training module for new processes, dashboard and reports.
- Financial Strategist with proven expertise in managing cash flow and investment portfolios, consistently driving high passive income through data-driven asset allocation and risk-optimized growth strategies.
- Team leader for automation and innovation projects in revamping or building processes.
- Thoughtful leader for developing cost rates and saleable rates based on designation, stream of business and chargeability of resources. Nurtured and developed banking relationships, optimizing acquisition of new tools, investments, and ensuring smooth working capital management.
- Identifier of areas of risk where insurance support is must and procured new insurances and facilitated annual renewals on advantageous terms for the company.
- Keen developer of new areas of work or departments for transition of process under my domain from other countries.
- Specializes in establishing new processes and departments, focusing on designing efficient workflows, defining operational frameworks, and ensuring seamless implementation to enhance organizational effectiveness.
- An experienced legal liaison with expertise in navigating intricate regulatory frameworks and providing skilled representation before governmental departments and agencies.
- A visionary leader, shaping tomorrow’s workflows by harnessing the transformative power of artificial intelligence to build smarter, scalable processes.
Overview
13
13
years of professional experience
10
10
years of post-secondary education
Work History
Director
Protiviti
Gurgaon
03.2013 - Current
- Spearheaded as the Subject Matter Expert (SME) for Finance and Project Management during the seamless implementation of a new ERP installation.
- Strategizing decision making on pricing for large investment in projects, evaluating profitability and projecting cash flows.
- Developed high-performing teams by providing mentorship, guidance, and opportunities for professional growth.
- Implementing transformative changes in business processes through the strategic incorporation of automation and innovation.
- Lead departmental budgeting, forecasting and actual tracking for cost control and cost optimization.
- Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures in accordance with Ind-AS and IFRS to facilitate internal financial control.
- Leading periodic closure and preparation of KPI dashboard, financial statements, reconciliations and variance analysis for internal and external stakeholders.
- Identified performance issues within the business and risks/opportunities in current financial plan/forecast; resolving the same by developing and implementing financial trend, cash flow and fund flow reports.
- Drafting policies describing benefit and the SOP’s, narrating processes and training module for the team on the requirements of new processes acquired or built.
- Nurturing discussions with senior leaders, department head, management for profitability, chargeability, performance evaluation, business plan and tapping areas of enhancement.
- Engaging in robust and challenging dialogues with the team, addressing critical issues, reciprocate feedback and fostering a culture of growth and improvement.
- Fostered business partner function and team to cater dynamic requirements of senior leaders from different verticals on variety of information.
- Exemplifying expertise in crafting financial statements in accordance with Ind-AS and IFRS to depict complete and accurate financial aspects of the company.
- Presenter of financials along with comments of auditor in the board meeting.
- Owning day-to-day finance operations, vis-a-vis Accounts Payable, Accounts Receivable, Cash Application, Revenue Management, and Record to Report, Taxation.
- Build new workflows and teams for transition of existing processes from Middle East countries to India.
- Identifying areas of risk and implementing controls. Strategically defining risk control matrix, conduct assessment of risk, design control for prevention, assign responsibilities and document policies and procedure whilst reporting challenges and remedies over deficiencies and continues growth.
- Pioneering stat and internal audit procedures and developing audit strategy to achieve minimal audit comments observations.
- Spearheading the comprehensive management of intercompany affairs. Building team of professionals to cater intercompany reconciliations and settlement thereof.
- Leading tax department and ensuring timely filings of all periodic tax returns, encompassing GSTR-1, GSTR-3B, GSTR-2 reconciliation, GSTR-9, Income Tax Return, and TDS Return.
- Directed the GST implementation team in 2017, overseeing the development of policies, SOPs, system modifications, and the comprehensive training of employees.
- Fostering relationship with financial lenders for building new avenues of capital to minimize cost of funds.
- Implemented comprehensive insurance frameworks to mitigate organizational risks across cyber security, errors and omission, fire, burglary and employee health, ensuring full coverage and regulatory compliance.
Education
CA - Finance
Institute of Chartered Accountants of India
New Delhi 04.2006 - 11.2012
MBA -
Maaster of Business Administration
04.2010 - 06.2013
B.Com. (H) - Finance
Delhi University
New Delhi06.2010
Skills
Revenue Management
Taxation and Compliance
Banking & Treasury Management
Labor Laws
Insurance
Accounting
Strategic Financial Controllership
Strategic Business Planning, Vision & Thought Leadership
Business & Financial Advisory Services
Financial Planning & Analysis
Budgeting & Cost Analysis
New Policies & Procedures Formulation
Board Level Reporting & Decision Making
Internal & External Audits
Capital Management
Financial Transformation & Improvements
P&L Management
Team Building & Leadership
Internal controls implementation
Financial Transformation & Improvements
P&L Management
Cash Flow/Fund & Treasury Management
Statutory Compliances
Team Building & Leadership
Internal controls implementation
Accomplishments
- Received acclaim for orchestrating the successful implementation of GST alongside an in-house team, underscoring strategic and collaborative leadership.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
The person who says it cannot be done should not interrupt the person who is doing it.
Chinese proverb
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Interests
Travelling
Reading
Making Acquaintances
Exploring Nature
Timeline
Director
Protiviti
03.2013 - Current
MBA -
Maaster of Business Administration
04.2010 - 06.2013
CA - Finance
Institute of Chartered Accountants of India
04.2006 - 11.2012
B.Com. (H) - Finance
Delhi University